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.

MTNZF16.22 ▪ 0.00
1 hour ago
Last Trading ResultsGrowth & Valuation
Opening Price:16.22Earnings Per Share:--
Day's Low Price:16.05Price/Earning Ratio:--
Day's High Price:18.00Dividend Per Share:--
Traded Volume:13,219Dividend Yield:--
Number of Deals:18Shares Outstanding:123.42m
Value/Turnover:219,002.65Market Capitalization:1.98b
Monetary values are quoted in South African Rand (ZAR) unless otherwise stated

MTNZF Stock Market Performance

1WK4WK3MO6MO1YRYTD
+20.38%+33.42%+58.83%+63.37%+33.42%+65.56%

The current share price of MTN Zakhele Futhi (MTNZF) is ZAR 16.01. The MTNZF stock closed its last trading day (Wednesday, April 14, 2021) at 16.01 ZAR per share on the Johannesburg Stock Exchange, recording a 10.34% gain over its previous closing price of 14.51 ZAR. MTNZF began the year with a share price of 9.67 ZAR and has since gained 65.56% on that price valuation, ranking it 27th on the JSE in terms of year-to-date performance. Shareholders will be pleasantly optimistic about MTNZF knowing that the stock has accrued 33.42% over the past four-week period alone. The table below details the last 10 trading days of activity of MTN Zakhele Futhi on the Johannesburg Stock Exchange.

DateVolumeCloseChangeChange%
2021-04-144,92916.01+1.5010.34%
2021-04-1313,70614.51+0.513.64%
2021-04-121,80314.00----
2021-04-0914,16414.00----
2021-04-0812,46514.00+0.705.26%
2021-04-075,58713.30+0.100.76%
2021-04-062,00113.20-0.302.22%
2021-04-014,42013.50+0.050.37%
2021-03-313,45013.45----
2021-03-308,70613.45----

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 gives you an overview of the market standing of the top 10 by year-to-date performance.

CodeNameMkt. Cap.L. PriceYearTD
ETFRHO1nvest Rhodium ETF1.22b3,916.15+66.6%
SBPSabvest Capital Limited1.99b48.49+63.0%
4SI4Sight Holdings Limited237.55m0.36+28.6%
STXRESSatrix RESI ETF Portfolio871.22m70.90+21.0%
RACPRECM and Calibre Limited630.89m13.31+21.0%
NFSH40NEWFUNDS SHARIA TOP4064.17m4.12+18.1%
YYLBEEYeboYethu (RF) Ltd2.17b41.00+17.1%
SYG4IRSygnia Itrix 4th IR Global Equity ETF2.32b53.42+16.5%
STXRAFSatrix RAFI 40 Portfolio961.76m16.56+15.8%
NFEVALNF Equity Value ETF175.26m9.62+15.3%

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 (4)

  1. Letsholo Hosiah MabeLetsholo Hosiah Mabe
    Mar 31, 2021 07:07 GMT

    When are we getting our dividend date, because tomorrow is April and five years is over. Communicate with us

    1. PapiPapi
      Apr 2, 2021 01:44 GMT

      MTN has announced that they have suspended the 2020 final dividend and because of that Zakhele Futhi can't pay dividend but they are in discussions with stakeholders to find solutions. Well, fingers crossed... let's see what they come up with...

  2. VeliVeli
    Mar 16, 2021 17:40 GMT

    It's very worrying that they are not communicating with us as a shareholders. I have been trying to contact them with no like

  3. 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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