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 179th most valuable stock on the JSE with a market capitalization of ZAR 2.34 billion, which is about 0.013% of the Johannesburg Stock Exchange equity market.

MTNZF17.50 ▾ 1.49 (7.85%)
11 minutes ago
Last Trading Results
Opening Price
Day’s Low Price17.50
Day’s High Price18.01
Traded Volume3,889
Number of Deals11
Gross Turnover68,219.00
Growth & Valuation
Earnings Per Share-2.3277
Price/Earning Ratio-8.16
Dividend Per Share
Dividend Yield
Shares Outstanding123M
Market Capitalization2.34B
Monetary values are quoted in South African Rand (ZAR) unless otherwise stated

MTNZF Stock Market Performance

1WK4WK3MO
+3.77%-5.05%-1.35%
6MO1YRYTD
-2.62%-17.4%-2.11%

The current share price of MTN Zakhele Futhi (MTNZF) is ZAR 17.50. MTNZF closed its last trading day (Thursday, September 28, 2023) at 18.99 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 0.1% drop from its previous closing price of 19.00 ZAR. MTN Zakhele Futhi began the year with a share price of 19.40 ZAR but has since lost 2.11% off that price valuation, ranking it 201st on the JSE in terms of year-to-date performance. Shareholders’ worries are compounded by the fact that MTNZF has lost 5% of the stock’s value from August 30th to date.

MTN Zakhele Futhi is the 280th most traded stock on the Johannesburg Stock Exchange over the past three months (Jun 30 - Sep 28, 2023). MTNZF has traded a total volume of 696,756 shares—in 1,184 deals—valued at ZAR 14 million over the period, with an average of 11,060 traded shares per session. A volume high of 55,441 was achieved on September 13th, and a low of 155 on September 15th, 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%
2023-09-288,35518.99-0.01-0.05%
2023-09-272,89719.00
2023-09-264,22419.00+0.70+3.83%
2023-09-222,26018.30+1.29+7.58%
2023-09-214,78117.01-1.29-7.05%
2023-09-2010,65518.30-0.21-1.13%
2023-09-192,08218.51-0.49-2.58%
2023-09-1825,52119.00-0.51-2.61%
2023-09-1515519.51-0.04-0.20%
2023-09-1410,31119.55

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. 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

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

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

  3. 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??

  4. 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

  5. Thandiswa SiqhumeThandiswa Siqhume
    Mar 5, 2023 20:13 GMT

    Since I bought MTNZF Shares there I never got any communication or feedback are these shares valuable or worth selling and get back the cost price

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

    Mtnzakhele futhi please brief us about our shares

  7. 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

  8. 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

  9. 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

  10. 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

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