Mtn Zakhele
Not honoring commitments

I am Mr Molefe, one of the very unhappy and frustrated Mtn Zakhele shareholder. An opportunity to partake on Mtn Zakhele for 3yrs turned into a worst nightmare. On maturity period (end of 3yrs) dated 24 Nov 2013, trading began the following day on 25 Nov. There was no success of selling any of the shares as they claimed that they were having system problems due to congestion on buying/selling shares. My question is that "What were they doing for the entire 3yrs? " They been postponing trading on a weekly basis since day 1. on the 15 Dec 2013 there was another escalation message to postpone trading to January 2014, to be effective after an engagement with the regulatory bodies has taken place. That's a different story from the previous one. I have totally lost confidence on the Mtn Zakhele scheme.

Company: Mtn Zakhele
Country: South Africa
City: South Africa

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