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.

MTNZF15.30 ▾ 0.70 (4.38%)
19 minutes ago
Live Trading Feed
Opening Price
Day’s Low Price15.30
Day’s High Price15.30
Traded Volume1,399
Number of Deals4
Gross Turnover21,404.00
Growth & Valuation
Earnings Per Share1.8281
Price/Earning Ratio8.75
Dividend Per Share
Dividend Yield
Shares Outstanding123M
Market Capitalization1.97B
Monetary values are quoted in South African Rand (ZAR) unless otherwise stated

MTNZF Stock Market Performance

1WK4WK3MO
+8.11%+3.23%+10.3%
6MO1YRYTD
+64.8%+54.6%+65.5%

The current share price of MTN Zakhele Futhi (MTNZF) is ZAR 15.30. MTNZF closed its last trading day (Monday, July 26, 2021) at 16.00 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 4.6% gain over its previous closing price of 15.30 ZAR. MTN Zakhele Futhi began the year with a share price of 9.67 ZAR and has since gained 65.5% on that price valuation, ranking it 27th on the JSE in terms of year-to-date performance.

MTN Zakhele Futhi is the 330th most traded stock on the Johannesburg Stock Exchange over the past three months (Apr 28 - Jul 26, 2021). MTNZF has traded a total volume of 543,587 shares—in 901 deals—valued at ZAR 8.13 million over the period, with an average of 8,628 traded shares per session. A volume high of 89,531 was achieved on July 23rd, and a low of 205 on July 26th, 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%
2021-07-2620516.00+0.70+4.58%
2021-07-2389,53115.30
2021-07-226,88215.30+1.45+10.47%
2021-07-212,57513.85-0.95-6.42%
2021-07-201,94314.80
2021-07-1914,84614.80-0.50-3.27%
2021-07-162,62815.30-0.05-0.33%
2021-07-157,55515.35-0.25-1.60%
2021-07-147,54715.60+0.01+0.06%
2021-07-1322,44315.59

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 (9)

  1. SimangeleSimangele
    Jul 26, 2021 17:22 GMT

    Hi...

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

  2. BonoloBonolo
    Jul 22, 2021 15:21 GMT

    When will the dividends be paid out?

  3. NtombiNtombi
    May 14, 2021 16:54 GMT

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

  4. 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

  5. VuvuVuvu
    Jun 26, 2021 17:49 GMT

    Pls communicate with us as shareholders

  6. NolizwiNolizwi
    Jun 14, 2021 08:24 GMT

    How to buy shares?

  7. 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

  8. 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...

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