⚠️ WARNING: THE SUN EXCHANGE / USHAKA MALL TRAP ⚠️Thinking of "impact investing" with Sun Exchange? Read this before you light your money on fire.I "invested" R6,700 in solar cells for uShaka Mall. After 5 years of "green energy" promises, here is the result:Total Earnings: R1,342.44Final "Settlement": R99.55 (Yes, NINETY-NINE RAND).Total Loss: R5,258.01 (78.5% of my capital GONE).The "Disgusting" Part: Sun Exchange didn't just fail; they used a legal loophole called a "Bewind Trust" to wipe me out. When the project at uShaka Mall went south, the Trust fought a legal battle in the High Court using OUR money. Once they "won" the right to the panels, they claimed the equipment was "old" and had "hardly any value."They settled for pennies, took their "administrative reimbursements" first, and left me with R99.55 for an asset that was supposed to last 20 years.The Lesson: You don't own the solar panels. You own a "beneficial interest" in a Trust that can sell your assets without your permission, pay their own legal fees with your capital, and dump you the moment you become "unviable" due to South Africa's greylisting.Avoid. This isn't investing; it's a donation to a shopping mall disguised as a fintech opportunity.#SunExchange #SolarScam #ImpactInvesting #FinancialLoss #uShakaMall #FintechFail
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Sun Exchange is a solar project developer powering progress for African businesses and organisations with uninterrupted, sustainable, affordable energy.
After eight years running an innovative crowdsale platform to fund solar projects in Africa, the company recently made a strategic shift to focus efforts on solar project development.
