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.
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 242nd most valuable stock on the JSE with a market capitalization of ZAR 989 million, which is about 0.005% of the Johannesburg Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 8.01 |
| Day’s High Price | 8.10 |
| Traded Volume | 2,109 |
| Number of Deals | 8 |
| Gross Turnover | 16,897.00 |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | -5.0276 |
| Price/Earning Ratio | -1.59 |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 123M |
| Market Capitalization | 989M |
MTNZF Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| -12.5% | -18.8% | -12.2% |
| 6MO | 1YR | YTD |
|---|---|---|
| -43.2% | -50% | -53.4% |
The current share price of MTN Zakhele Futhi (MTNZF) is ZAR 8.01. MTNZF closed its last trading day (Thursday, November 21, 2024) at 8.01 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 53.4% off that price valuation, ranking it 401st on the JSE in terms of year-to-date performance. Shareholders’ worries are compounded by the fact that MTNZF has lost 19% of the stock’s value from October 24th to date.
MTN Zakhele Futhi is the 306th most traded stock on the Johannesburg Stock Exchange over the past three months (Aug 26 - Nov 21, 2024). MTNZF has traded a total volume of 562,952 shares—in 965 deals—valued at ZAR 5.15 million over the period, with an average of 8,936 traded shares per session. A volume high of 31,586 was achieved on August 26th, and a low of 1,905 on September 12th, 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% |
|---|---|---|---|---|
| 2024-11-21 | 4,624 | 8.01 | ||
| 2024-11-20 | 8,305 | 8.01 | -0.49 | -5.76% |
| 2024-11-19 | 3,092 | 8.50 | ||
| 2024-11-18 | 11,611 | 8.50 | -0.60 | -6.59% |
| 2024-11-15 | 3,220 | 9.10 | -0.05 | -0.55% |
| 2024-11-14 | 7,740 | 9.15 | ||
| 2024-11-13 | 17,254 | 9.15 | ||
| 2024-11-12 | 11,410 | 9.15 | -0.01 | -0.11% |
| 2024-11-11 | 7,576 | 9.16 | +0.01 | +0.11% |
| 2024-11-08 | 11,474 | 9.15 |
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
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 |
|---|---|---|---|---|
| ETFSWX | 1nvest SWIX 40 ETF | 4B | 22.43 | +71.6% |
| AIL | African Rainbow Cap Inv | 11.8B | 7.76 | +58.7% |
| 4SI | 4Sight Holdings Limited | 374M | 0.70 | +40% |
| SYFANG | Sygnia Itrix FANG.AI Actively Managed ETF | 601M | 15.39 | +33.3% |
| ETF5IT | 1nvest S&P 500 IT ETF | 1.42B | 29.68 | +30.3% |
| GLD | New Gold Issuer Limited | 27.1B | 444.78 | +25% |
| ETFGLD | 1nvest Gold ETF | 2.3B | 464.63 | +25% |
| STX500 | Satrix S&P 500 Feeder | 7.65B | 112.39 | +21.3% |
| ETF500 | 1nvest S&P 500 Index ETF | 408M | 559.36 | +21% |
| MHB | Mahube Infrastructure Limited | 269M | 4.88 | +20.8% |
