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.

MTN Zakhele Futhi is listed on the Johannesburg Stock Exchange (JSE). MTN Zakhele Futhi is traded on the JSE under the ticker symbol “MTNZF”. The International Securities Identification Number (ISIN) of JSE:MTNZF is ZAE000279402. MTN Zakhele Futhi is currently the 178th most valuable stock on the JSE with a market capitalization of ZAR 3.46 billion, which is about 0.018% of the Johannesburg Stock Exchange equity market.

MTNZF28.05 ▾ 1.95 (6.5%)
2 hours ago
Last Trading Results
Opening Price
Day’s Low Price28.00
Day’s High Price30.00
Traded Volume5,721
Number of Deals11
Gross Turnover160,725.12
Growth & Valuation
Earnings Per Share-0.0558
Price/Earning Ratio-502.69
Dividend Per Share
Dividend Yield
Shares Outstanding123M
Market Capitalization3.46B
Monetary values are quoted in South African Rand (ZAR) unless otherwise stated

MTNZF Stock Market Performance

1WK4WK3MO
-2.43%-15.3%-21%
6MO1YRYTD
-17.6%+115%-9.52%

The current share price of MTN Zakhele Futhi (MTNZF) is ZAR 28.05. MTNZF closed its last trading day (Wednesday, May 25, 2022) at 28.05 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 6.5% drop from its previous closing price of 30.00 ZAR. MTN Zakhele Futhi began the year with a share price of 31.00 ZAR but has since lost 9.52% off that price valuation, ranking it 261st on the JSE in terms of year-to-date performance. Shareholders’ worries are compounded by the fact that MTNZF has lost 15% of the stock’s value from April 25th to date.

MTN Zakhele Futhi is the 309th most traded stock on the Johannesburg Stock Exchange over the past three months (Feb 21 - May 25, 2022). MTNZF has traded a total volume of 813,605 shares—in 1,867 deals—valued at ZAR 27.3 million over the period, with an average of 12,914 traded shares per session. A volume high of 56,787 was achieved on February 23rd, and a low of 2,060 on May 13th, 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%
2022-05-255,72128.05-1.95-6.50%
2022-05-249,01230.00+0.99+3.41%
2022-05-234,89429.01-0.09-0.31%
2022-05-202,11129.10+0.10+0.34%
2022-05-193,23829.00+0.25+0.87%
2022-05-1818,08528.75-1.25-4.17%
2022-05-172,06330.00+1.80+6.38%
2022-05-168,17128.20-0.80-2.76%
2022-05-132,06029.00-1.00-3.33%
2022-05-129,49230.00

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

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 Securities Exchange
  6. Malawi Stock Exchange
  7. Nairobi Securities Exchange
  8. Nigerian Stock Exchange
  9. Uganda Securities Exchange
  10. Zimbabwe Stock Exchange

Comments (59)

  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. BonoloBonolo
    Jul 22, 2021 15:21 GMT

    When will the dividends be paid out?

    1. Dumisani ADumisani A
      May 19, 2022 11:55 GMT

      A very good question. We hear a lot but nothing on dividends payments. It has been over five years, nothing zilch!!!

  3. S I MahlanguS I Mahlangu
    Feb 7, 2022 13:32 GMT

    Since i wait for payout till today but now we hear that we have to fill the form for JSE but we didn't told about JSE before after so many years without any payment since from 2016. Pls pay us like what was on contract with mtn and Nedbank

  4. NtombiNtombi
    May 14, 2021 16:54 GMT

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

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

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

  6. 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

  7. KalomoKalomo
    May 13, 2022 11:49 GMT

    Mtn group;
    Is a very big company i don't thing they will run away or bull shet yu guys. Pls. Be patient we will get a very good price for our shares in 2024.24. November.
    At th moments is MTN group share price R167.34
    In 2024 MTNZAKHELEFUti share price will match to MTNGROUP PRICE.
    BE PATIENT.
    INVESTMENT IS A LONG TERM JOURNEY.


    THANKS .

  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. SimangeleSimangele
    Jul 26, 2021 17:22 GMT

    Hi...

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

  10. Zsa ZsaZsa Zsa
    Nov 10, 2021 12:19 GMT

    The Mtn share price is currently sitting at R171 a share which make the Mtn Zakhele underlying value over R90 a share

    I do not understand why Mtn Zakhele shareholders are selling at R33 a share

    It is totally shocking 🙄

    1. MahomedMahomed
      Dec 18, 2021 05:14 GMT

      Value should be about 100 Rands based on the current value of the MTN share

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