MTNZF - MTN Zakhele Futhi
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.
| Live Trading Feed | |
|---|---|
| Opening Price | |
| Day’s Low Price | 15.30 |
| Day’s High Price | 15.30 |
| Traded Volume | 1,399 |
| Number of Deals | 4 |
| Gross Turnover | 21,404.00 |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | 1.8281 |
| Price/Earning Ratio | 8.75 |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 123M |
| Market Capitalization | 1.97B |
MTNZF Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| +8.11% | +3.23% | +10.3% |
| 6MO | 1YR | YTD |
|---|---|---|
| +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.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2021-07-26 | 205 | 16.00 | +0.70 | +4.58% |
| 2021-07-23 | 89,531 | 15.30 | ||
| 2021-07-22 | 6,882 | 15.30 | +1.45 | +10.47% |
| 2021-07-21 | 2,575 | 13.85 | -0.95 | -6.42% |
| 2021-07-20 | 1,943 | 14.80 | ||
| 2021-07-19 | 14,846 | 14.80 | -0.50 | -3.27% |
| 2021-07-16 | 2,628 | 15.30 | -0.05 | -0.33% |
| 2021-07-15 | 7,555 | 15.35 | -0.25 | -1.60% |
| 2021-07-14 | 7,547 | 15.60 | +0.01 | +0.06% |
| 2021-07-13 | 22,443 | 15.59 |
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.
- Mabaso-Koyana, Sindisiwe
Independent Non-Executive Chairperson - Gelink, Grant
Chairman, Audit and Risk Committee - Mapongwana, Belinda
Independent Non-Executive Director - Nhlanhla, Manana
Non-Executive Director - 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.
| Code | Name | M. Cap. | Close | YTD |
|---|---|---|---|---|
| ARA | Astoria Investments Ltd | 221M | 3.90 | +62.5% |
| SBP | Sabvest Capital Limited | 1.86B | 45.25 | +52.1% |
| YYLBEE | YeboYethu (RF) Ltd | 2.3B | 43.46 | +24.1% |
| ETFGRE | 1nvest Global REIT ETF | 130M | 21.30 | +22.1% |
| NFEVAL | NF Equity Value ETF | 178M | 10.15 | +21.7% |
| STXRAF | Satrix RAFI 40 Portfolio | 1.01B | 17.36 | +21.4% |
| GLPROP | CoreShares S&P Global Property ETF | 521M | 43.33 | +21.1% |
| STXRES | Satrix RESI ETF Portfolio | 1.05B | 70.71 | +20.7% |
| ETF500 | 1nvest S&P 500 Index ETF | 76.1M | 331.20 | +20.1% |
| SYGP | Sygnia Itrix Global Property ETF | 679M | 44.85 | +20% |
