BUSINESS NEWS

Phuthuma to claim your shares

A call has been made for 22 000 shareholders to come forward and claim their dividends.

Loosely translated ‘come run along‘ Phuthuma Nathi scheme has been paying dividends since 2006.

“This money belongs to our shareholders. We’re calling on them to contact us to get their money. In these tough economic times we want to do everything in our power to give them what is rightfully theirs,” says Mandla Langa, chairman of Phuthuma Nathi.

Some of the reasons why dividends were not paid could be because personal details such as banking details might have changed but have not been updated with Phuthuma Nathi or that the shareholder has passed on.

The identity number of the shareholder will be required as a first step.

There will be thorough checks to confirm the legitimacy of the shareholder before payments are made.

Phuthuma Nathi has been trying to locate these shareholders for some time by contacting them using the contact details on record, which may not have been recently updated by shareholders, and through tracing agents. Although some of the shareholders have been found, there is still a large number who have not claimed their dividends.

Phuthuma Nathi is also launching a media campaign to try to find these shareholders. 

The MultiChoice BBBEE share scheme, Phuthuma Nathi, is one of the most successful schemes in South Africa. It is truly broad-based with more than 80 000 black shareholders from all walks of life.

Contact the Phuthuma Nathi call centre on 086 011 6226 or by visiting the Phuthuma Nathi website www.phuthumanathi.co.za for information which includes the steps on how to claim through the Eese website.

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