African Stock Exchanges

MTNZF - MTN Zakhele Futhi

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MTNZF share price on Johannesburg Stock ExchangeMTNZF share price on Johannesburg Stock Exchange

MTN Zakhele Futhi (RF) Limited is a South African investment company engaged in acquiring and holding shares in MTN Group on behalf of the participating Black Public. The company, headquartered in Johannesburg, is set up as a ring-fenced, special purpose vehicle with the sole business and objective of facilitating the implementation of a broad-based Black Economic Empowerment program. MTN Zakhele Futhi holds, manages, and deals in MTN shares, cash, and such other property as may be received or acquired solely by virtue of or in relation to the MTN shares. Additionally, the firm offers stockbroking and other investment related solutions.

Through MTN Zakhele Futhi, qualifying members of the Black Public could indirectly invest and hold shares in MTN Group, a leading emerging markets telecom service provider. MTN Zakhele Futhi holds about 77 million MTN Group shares, amounting to approximately 4% of MTN’s issued share capital. MTNZF’s stake in MTN, along with other transformation and empowerment initiatives, supports MTN’s status as a leading BEE-driven telecommunications company.

MTNZF32.50 ▾ 0.50 (1.52%)
8 hours ago
Last Trading Results
Opening Price
Day’s Low Price32.50
Day’s High Price33.00
Traded Volume8,960
Number of Deals21
Gross Turnover295,058.50
Growth & Valuation
Earnings Per Share-0.2859
Price/Earning Ratio-113.68
Dividend Per Share
Dividend Yield
Shares Outstanding123M
Market Capitalization4.01B
Monetary values are quoted in South African Rand (ZAR) unless otherwise stated

MTNZF Stock Market Performance

1WK4WK3MO
+8.33%+47.7%+112%
6MO1YRYTD
+100%+282%+236%

The current share price of MTN Zakhele Futhi (MTNZF) is ZAR 32.50. MTNZF closed its last trading day (Thursday, October 21, 2021) at 32.50 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 1.5% drop from its previous closing price of 33.00 ZAR. MTN Zakhele Futhi began the year with a share price of 9.67 ZAR and has since gained 236% on that price valuation, ranking it seventh on the JSE in terms of year-to-date performance. Shareholders can be optimistic about MTNZF knowing the stock has accrued 48% over the past four-week period alone—eighth best on JSE.

MTN Zakhele Futhi is the 294th most traded stock on the Johannesburg Stock Exchange over the past three months (Jul 23 - Oct 21, 2021). MTNZF has traded a total volume of 1.47 million shares—in 1,980 deals—valued at ZAR 32.1 million over the period, with an average of 23,273 traded shares per session. A volume high of 89,531 was achieved on July 23rd for the same period. The table below details the last 10 trading days of activity of MTN Zakhele Futhi on the Johannesburg Stock Exchange.

DateVolumeCloseChangeChange%
2021-10-218,96032.50-0.50-1.52%
2021-10-2015,37533.00+0.99+3.09%
2021-10-1947,59832.01-2.97-8.49%
2021-10-1835,23834.98+4.98+16.60%
2021-10-1513,19530.00
2021-10-1421,52130.00+1.05+3.63%
2021-10-1317,71828.95+0.21+0.73%
2021-10-1237,54828.74+1.24+4.51%
2021-10-1140,94627.50+1.49+5.73%
2021-10-0824,44626.01

Profile of MTN Zakhele Futhi (RF) Limited

MTN Zakhele Futhi (RF) Limited was founded on June 21, 2016 and operates in the Financials sector, specifically, the Investment Services industry. The company's board of directors, chaired by Sindisiwe Mabaso-Koyana, is composed of five members whose names are listed below.

  1. Mabaso-Koyana, Sindisiwe
    Independent Non-Executive Chairperson
  2. Gelink, Grant
    Chairman, Audit and Risk Committee
  3. Mapongwana, Belinda
    Independent Non-Executive Director
  4. Nhlanhla, Manana
    Non-Executive Director
  5. Pitsi, Edward
    Independent Non-Executive Director
Factsheet of MTN Zakhele Futhi (RF) Limited
Sector:
Financials
Industry:
Investment Services
Address:
135 Rivonia Road, 5th Floor, Block D, Sandton, 2196, South Africa
Telephone:
+27-83-900-6863
Email:
SSA-ZakheleFuthi@Nedbank.co.za
Website:
www.mtnzakhelefuthi.co.za

MTNZF Industrial Market Competitors

MTN Zakhele Futhi (RF) Limited, issuers of the MTNZF stock on the Johannesburg Stock Exchange, have a number of market competitors who are also engaged in the Financials sector and/or Investment Services industry. The table below presents an overview of the market standing of the top 10 by year-to-date performance.


Index of African Stock Exchanges:

  1. Botswana Stock Exchange
  2. BRVM Stock Exchange
  3. Ghana Stock Exchange
  4. Johannesburg Stock Exchange
  5. Lusaka Stock Exchange
  6. Malawi Stock Exchange
  7. Nairobi Securities Exchange
  8. Nigerian Stock Exchange
  9. Uganda Securities Exchange
  10. Zimbabwe Stock Exchange

Comments (32)

  1. Fani MogakaneFani Mogakane
    Aug 16, 2021 14:17 GMT

    We need information about what is happening with our shares and when are we getting our dividend?

  2. Rabashiang Precious RadebeRabashiang Precious Radebe
    Aug 31, 2021 06:50 GMT

    How do we cash out the shares? I have more then 5years

  3. MirriamMirriam
    Aug 10, 2021 11:42 GMT

    Please communicate/copy with me, on this address
    Re: value of my shares and if I missed any dividends...its now going five Years now😭I'm hungry...and no other income
    Mirriam
    082 901 3969

  4. BonoloBonolo
    Jul 22, 2021 15:21 GMT

    When will the dividends be paid out?

  5. NtombiNtombi
    May 14, 2021 16:54 GMT

    Haibo SILAMBILE. We are hungry. When are we getting our devidents?

  6. SimangeleSimangele
    Jul 26, 2021 17:22 GMT

    Hi...

    Please communicate with us as your shareholders when are getting the dividends 5 years has passed.

  7. TebohoTeboho
    Aug 11, 2021 12:02 GMT

    When are we getting our dividend communicate with us please

  8. Otsile Aubrey TseleOtsile Aubrey Tsele
    Aug 17, 2021 20:31 GMT

    How much have I accumulated and When can I sell my shares?

  9. Sydney LeballoSydney Leballo
    Aug 23, 2021 18:02 GMT

    It has been a while we didn’t hear anything about dividends from Zakhele Futhi and yet the performance is improving since last four months and beyond. Are likely to have dividend declared Directors?

  10. BhekisisaBhekisisa
    Feb 24, 2021 13:38 GMT

    Yes is doing very well the fact is that makes shareholder painfully why not decler dividend on the prospectus they promised first 3yeas &one day now five years they don't decler dividend and they didn't communicate to shareholder is very pain whit situation your the most of shareholders are not working is looking that dividend how can trust mtnzf on that situation

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