MTN Zakhele performance disappointed: Can investors make a claim?

Posted on:
14 Sep 2018
Class Action, Investment
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MTN Zakhele share price dropped significantly on maturity of the scheme. The share price was linked directly to the MTN share which lost significant value following fines imposed on the Company for non compliance with certain matters. Much of this has been publicised in the past few years. Whilst the scheme did repay shareholders, the final amount was way below expectations following the significant reduction in the MTN and correspondingly the MTNZ share price. Is there a possibility of a claim against MTN for the loss to shareholders of MTNZ.

2 Responses

  1. JT

    Hi RISHAD I am on MTN Zakhele Futhi is this the same thing? I am scared We will experience the same thing with SASOL INZALO and the now SASOL KHANYISA that misused the investors’ monies to pay their debts?…SOUTH AFRICA what’s wrong? what is happening here? I bought MTN ZAKHELEFUTHI shares recently 2016/2017 are you talking about the same shares or the one before? can someone please clarify?

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