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 197th most valuable stock on the JSE with a market capitalization of ZAR 1.9 billion, which is about 0.01% of the Johannesburg Stock Exchange equity market.

MTNZF15.40 ▾ 0.01 (0.06%)
56 minutes ago
Last Trading Results
Opening Price
Day’s Low Price15.40
Day’s High Price15.41
Traded Volume1,562
Number of Deals8
Gross Turnover24,060.00
Growth & Valuation
Earnings Per Share-2.3277
Price/Earning Ratio-6.62
Dividend Per Share
Dividend Yield
Shares Outstanding123M
Market Capitalization1.9B
Monetary values are quoted in South African Rand (ZAR) unless otherwise stated

MTNZF Stock Market Performance

1WK4WK3MO
-6.61%-9.62%-4.88%
6MO1YRYTD
-26.6%-21.2%-10.3%

The current share price of MTN Zakhele Futhi (MTNZF) is ZAR 15.40. MTNZF closed its last trading day (Monday, February 26, 2024) at 15.41 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 0.1% gain over its previous closing price of 15.40 ZAR. MTN Zakhele Futhi began the year with a share price of 17.17 ZAR but has since lost 10.3% off that price valuation, ranking it 314th on the JSE in terms of year-to-date performance.

MTN Zakhele Futhi is the 294th most traded stock on the Johannesburg Stock Exchange over the past three months (Nov 24, 2023 - Feb 26, 2024). MTNZF has traded a total volume of 587,333 shares—in 964 deals—valued at ZAR 9.84 million over the period, with an average of 9,323 traded shares per session. A volume high of 68,452 was achieved on February 20th, and a low of 620 on December 22nd, 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%
2024-02-265,76915.41+0.01+0.06%
2024-02-235,33515.40
2024-02-222,51215.40-0.60-3.75%
2024-02-2138,01016.00+0.99+6.60%
2024-02-2068,45215.01-1.49-9.03%
2024-02-192,88516.50
2024-02-166,67316.50
2024-02-1573716.50
2024-02-143,83816.50
2024-02-133,01816.50

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. LondiweLondiwe
    Feb 10, 2024 15:05 GMT

    I need to sell my shares

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

    I want to sell y shares asap

  3. 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!

  4. 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

  5. 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.

  6. Bridget KhanyeBridget Khanye
    Jul 15, 2023 23:03 GMT

    I' bought shares to and I thought I'm the only one who is in the dark and why did mtn stopped holding meetings like in 2017 so that we seriously know what's happening with the shares we bought
    I think we contact ombudsman for help as 2016 it's a long tym and we still waiting in anticipation
    mtn must account to this

  7. Daniel MulaudziDaniel Mulaudzi
    Jun 3, 2023 05:02 GMT

    Please help us to understand on how to buy an mtn shares

  8. Kelebogile Martha CunukeloKelebogile Martha Cunukelo
    Apr 18, 2023 10:09 GMT

    I'm also a shareholder but no correspondence since 2016are this shares for real or not please inform me what to do it's long time now??

  9. Nontyatyambo mfazweNontyatyambo mfazwe
    Apr 4, 2023 22:21 GMT

    I've also bought the shares in 2016 but since then I don't know if my money is growing or not its been 7 years now. We seriously need help we don't even know how to trade or what should we do to sell the shares help is needed seriously

  10. Mduduzi ZondiMduduzi Zondi
    Mar 12, 2023 16:19 GMT

    Mtnzakhele futhi please brief us about our shares

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