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 198th most valuable stock on the JSE with a market capitalization of ZAR 2.41 billion, which is about 0.011% of the Johannesburg Stock Exchange equity market.

MTNZF19.50 ▾ 0.01 (0.05%)
8 hours ago
Last Trading Results
Opening Price
Day’s Low Price19.20
Day’s High Price20.00
Traded Volume17,816
Number of Deals25
Gross Turnover342,720.96
Growth & Valuation
Earnings Per Share1.7492
Price/Earning Ratio11.15
Dividend Per Share
Dividend Yield
Shares Outstanding123M
Market Capitalization2.41B
Monetary values are quoted in South African Rand (ZAR) unless otherwise stated

MTNZF Stock Market Performance

1WK4WK3MO
-0.81%-2.5%-5.34%
6MO1YRYTD
-26.4%-41.8%+0.52%

The current share price of MTN Zakhele Futhi (MTNZF) is ZAR 19.50. MTNZF closed its last trading day (Wednesday, February 8, 2023) at 19.50 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 0.1% drop from its previous closing price of 19.51 ZAR. MTN Zakhele Futhi began the year with a share price of 19.40 ZAR and has since gained 0.52% on that price valuation, ranking it 234th on the JSE in terms of year-to-date performance.

MTN Zakhele Futhi is the 297th most traded stock on the Johannesburg Stock Exchange over the past three months (Nov 8, 2022 - Feb 8, 2023). MTNZF has traded a total volume of 649,451 shares—in 1,496 deals—valued at ZAR 13 million over the period, with an average of 10,309 traded shares per session. A volume high of 34,721 was achieved on January 17th, and a low of 617 on December 30th, 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%
2023-02-0817,81619.50-0.01-0.05%
2023-02-072,11319.51+0.31+1.61%
2023-02-068,39319.20-0.34-1.74%
2023-02-034,07519.54-0.17-0.86%
2023-02-0210,75319.71+0.05+0.25%
2023-02-0114,13419.66-0.34-1.70%
2023-01-316,65520.00
2023-01-3014,59320.00+0.64+3.31%
2023-01-278,22619.36+0.26+1.36%
2023-01-265,90019.10

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. AYESHA.MOOLLAAYESHA.MOOLLA
    Jan 6, 2023 08:45 GMT

    HI````I ALSO INVESTED WHEN IT CAME OUT. I DID MINE WITH NEDBANK. I PAID R2000 AND IT GAVE ME 100 SHARE. I WOULD LIKE TO ALSO KNOW WHAT IS HAPPENING TO THE SHARES...

    1. Carol carol EsterhuizenCarol carol Esterhuizen
      Jan 19, 2023 10:10 GMT

      i WOULD ALSO LIKE TO KNOW HOW YOU GO ABOUT TRANSFERING MY SHARES.PLEASE CAN SOMENE CONTACT ME

  2. MonicaMonica
    Nov 14, 2022 10:45 GMT

    I am aa window,my husband bought Mtn Zakhele shares in 2016 Nov. Up to so far no update ,no statements nothing .What is going on in this company with my husband's hard earned money 💰.?

    1. Carol carol EsterhuizenCarol carol Esterhuizen
      Jan 19, 2023 10:11 GMT

      MY HUSBAND ALSO PASS AWAY IN 2020 AND UP TO NOW NO STATEMENTS RECEIVED

  3. JackJack
    Oct 30, 2022 14:52 GMT

    When we all signed up with Nedbank to acquire these shares, it was stipulated that this investment is a risk and you may lose all your investment.
    These shares are absolutely undervalued and looking at year on year growth we started at R20.00 and so many years later we have a growth to date of 66 cents.
    The previous black empowerment project from MTN which was called "MTN ZAKHELE" done much better. Off course management will argue that the shares are market related, COVID had a role in it and there is a global slow down in economies however this would still be a management problem of not handling the share's accordingly.
    If Alan Gray, Coronation and Investec have such a good portfolio, I would prefer their managers to look at were this fund is going wrond and what can be done about it.
    Many poor South Africans invested in this to reap the benefits at the end.

    1. Carol carol EsterhuizenCarol carol Esterhuizen
      Jan 19, 2023 10:12 GMT

      IS IT EVEN WORTH IT HAVING THESE SHARES

  4. NelisiweNelisiwe
    Nov 2, 2022 04:05 GMT

    I bought my shares in 2016 so I would to sell them and my banking details has been changed. I would really appreciate your assistance in this matter. Thank you

  5. DanielDaniel
    Oct 5, 2022 21:19 GMT

    Is the comment going to give my devident? Please be realistic,I bought shares and no one is communicating or updating me of what is actually happening.Presently my question is am I going to get any devidens if so when?

  6. DanielDaniel
    Oct 5, 2022 21:37 GMT

    Someone who is knowledgeable with shares please tell us what's happening.I saw one comment somebody saying share were at R171 and MTN were selling at R33.Please mtn zakhele futhi board members do the right thing and tell us the good news.

  7. Maria RadebeMaria Radebe
    Oct 5, 2022 14:20 GMT

    How do I buy the share of my Zakhale fut

  8. Betty MbeleBetty Mbele
    Aug 31, 2022 18:16 GMT

    Please help me to trade my shares and buy

  9. Seipati  Tladi-RamphengSeipati Tladi-Rampheng
    Jul 16, 2022 17:21 GMT

    I would like to buy shares,please help me to register.

  10. ChristopherChristopher
    Jul 3, 2022 02:30 GMT

    How can we have our shares transferred into our savings account? It's been more than 6 years since we contracted with MTN and Nedbank. Pls assist us.

    1. BernardBernard
      Jan 17, 2023 13:38 GMT

      Hi i need info how to claim my shares please

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