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 202nd most valuable stock on the JSE with a market capitalization of ZAR 1.74 billion, which is about 0.009% of the Johannesburg Stock Exchange equity market.

MTNZF14.11 ▪ 0.00
39 minutes ago
Last Trading Results
Opening Price
Day’s Low Price14.11
Day’s High Price14.15
Traded Volume2,150
Number of Deals7
Gross Turnover30,392.00
Growth & Valuation
Earnings Per Share-0.0206
Price/Earning Ratio-684.95
Dividend Per Share
Dividend Yield
Shares Outstanding123M
Market Capitalization1.74B
Monetary values are quoted in South African Rand (ZAR) unless otherwise stated

MTNZF Stock Market Performance

1WK4WK3MO
-0.28%-0.07%+15.7%
6MO1YRYTD
-17%-26.9%-17.8%

The current share price of MTN Zakhele Futhi (MTNZF) is ZAR 14.11. MTNZF closed its last trading day (Friday, June 21, 2024) at 14.11 ZAR per share on the Johannesburg Stock Exchange (JSE). MTN Zakhele Futhi began the year with a share price of 17.17 ZAR but has since lost 17.8% off that price valuation, ranking it 355th on the JSE in terms of year-to-date performance.

MTN Zakhele Futhi is the 287th most traded stock on the Johannesburg Stock Exchange over the past three months (Mar 19 - Jun 21, 2024). MTNZF has traded a total volume of 807,587 shares—in 1,118 deals—valued at ZAR 11.8 million over the period, with an average of 12,819 traded shares per session. A volume high of 66,511 was achieved on June 7th 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%
2024-06-218,48214.11
2024-06-2015,27214.11
2024-06-1915,29614.11
2024-06-1830,34014.11-0.04-0.28%
2024-06-145,69514.15
2024-06-139,20414.15
2024-06-124,79314.15+0.04+0.28%
2024-06-1112,52714.11
2024-06-1012,33914.11
2024-06-0766,51114.11

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

  1. SamSam
    May 30, 2024 11:35 GMT

    When this scheme started, they said that for every R2000 we invest mtn will add the money to R8000 ,how will this be calculated at the end of the scheme.

  2. Pule Edward MotshwanePule Edward Motshwane
    May 14, 2024 08:47 GMT

    I bought my shares in 2016 hoping to get dividends on my investment but instead the share price has dropped. Who is enjoying the profits? Was this another scam to rob poor black people of their hard earned money? I am disappointed.

  3. Frank KalomoFrank Kalomo
    Mar 20, 2024 01:52 GMT

    Hi Daniels, I hear what U are saying about MTTZakhelefuthi Bee Share scheme, let's wait and see what's gonna happen d on the24 November 2024 this the time MTNZakhelefuthi will end his 8 Jears term, let's be more positive than rather beNecative. MTN group is a very big company, what I think, they cona merge this share of Zakhelefuthi to MTN Group shares or they conna double your shares for free to get the value out of the deal but to say we are going to lose the value of the shares I don't think !We are gonna get Money out of the deal, Remember they extend to 8 years, there must be a very good reason Why they extend it , MTN group got money they even give people Mahala Airtime, I think U are going to get good money out of the deal , Be Passion, I my self bought MTNXakhele futhi shares st that time in 2016, thankz

    1. LiefieLiefie
      Apr 12, 2024 11:07 GMT

      Thank you for the encouragement we will wait and see

  4. Hlamalani BaloyiHlamalani Baloyi
    Mar 12, 2024 16:20 GMT

    As I go through the price of our shares 😞😞😞 I just feel like crying. No updates, divided, just SMSs to tell us about what the board. No information about how our money has grown.

    Last year November I checked, the share price was R22, soon in January I was surprised to see it at R18, today it's R10. This does not add water. Board needs to explain to the investors. I'm disappointed. Please

    1. LiefieLiefie
      Apr 12, 2024 11:02 GMT

      That is my worry too,I bought shares in 2016 the only time they communicate is when they tell me about Annual meeting
      Am asking am I ever going to get my dividends???
      Now they tell me about new broker that NPW has appointed
      Am worried about money

  5. Joseph ledwabaJoseph ledwaba
    Mar 12, 2024 06:57 GMT

    I don’t know what to say this is castrophy I don’t know how can I do with my shares no information at all

  6. LondiweLondiwe
    Feb 10, 2024 15:05 GMT

    I need to sell my shares

  7. Edia MashapaEdia Mashapa
    Jan 17, 2024 08:29 GMT

    I want to sell y shares asap

  8. KedyKedy
    Nov 11, 2023 06:48 GMT

    Worst investment ever!!! I have not seen share price increase for this ever since I invested my money in 2016. I want to sell. Please Nedbank open up the trading platform, I've been checking its under maintenance for a long time.

    1. Rabotlhoko Moses TlhabaneRabotlhoko Moses Tlhabane
      Nov 28, 2023 20:17 GMT

      Honestly speaking, this has to be arguably the worst investment ever. To think that share price lost about 20% of its initial price of R20 each share when we bought them back in 2016 . Even if we were to sell now it will be on a loss .. so basically after investing our hard earned money in these shares 7 years have have passed already and we are yet to get dividends , plus our investment took a big knock . This is catastrophic!

  9. Themba MtshambelaThemba Mtshambela
    Nov 2, 2023 10:14 GMT

    I am also bought mtn zakhele futhi shares october 2016;so far no update about our money but Phuthumathi shares from vodacom are reaping the reward and it 7 years now no devidend for us

  10. Aury MwaleAury Mwale
    Oct 17, 2023 06:16 GMT

    I bought my shares with my R30 000 from my pension payout hoping I will get a dividend like the likes of Phuthumanathi but it never happened. We never get communication & when you call to find , u taken from pillar to post. The board keep changing members bus share holders are kept in the drk. I do not think anyone cares about the status of this investment more especially it is for blacks. We are really done injustice here. If I were to sell, zGod knows how, I will not get my money back let alone dividend. Please the Ombudsman need to be involved, its been too long.

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