mtn zakhele

MTN Zakhele Futhi application process explained

We have received numerous calls and emails from our readers asking questions about the application process for MTN Zakhele Futhi. We have lifted from the...

How to buy MTN Zakhele Futhi shares?

We have received several queries from readers on how to buy MTN Zakhele Futhi shares. We have generated from MTN Zakhele Futhi’s prospectus a...

MTN Zakhele Futhi empowerment scheme explained

We have received numerous calls from clients on MTN Zakhele Futhi. We are including some key points herein to assist you as our client....

MTN unveils second BEE deal, MTN Zakhele Futhi worth R9.9 billion

South Africa’s mobile phone giant MTN has announced a second black economic empowerment (BEE) deal, under which it will sell a 4% stake in...

MTN may create another empowerment scheme to replace MTN Zakhele

MTN, Africa’s largest mobile phone operator by subscribers, may create another empowerment scheme. By Gugu Lourie MTN Zakhele, the Black Economic Empowerment (BEE) scheme of...

MTN Zakhele tracks MTN shares lower

  MTN was under pressure again on Friday as Africa and Middle East’s largest mobile phone operator predicted on Thursday afternoon a 20% drop in...

MTN, MTN Zakhele shares regains some lost ground

MTN Group shares and that of its Black Economic Empowerment (BEE) scheme MTN Zakhele regained some of the lost ground on Monday after the...

MTN Zakhele unfazed by Nigeria challenge

  MTN Zakhele, the Black Economic Empowerment (BEE) scheme of MTN, seems to be unfazed by the troubles bedeviling its parent company MTN Group. Despite...

MTN Zakhele on track to list on the JSE

By Gugu Lourie MTN Zakhele said on Thursday that it was on track to list on the black economic empowerment (BEE) platform of the Johannesburg Stock...

Mabaso-Koyana takes over as MTN Zakhele chairperson

By Ujuh MTN Zakhele has got a new chairperson in form of high profiled businesswoman, Sindisiwe Ntombenhle Mabaso-Koyana who took over from Thulani Gcabashe. MTN Zakhele...

BEE scheme, MTN Zakhele, receives a fat dividend

By Ujuh MTN Zakhele received R836 million in dividend income from MTN Group for the 2014 financial year but the Black Economic Empowerment (BEE) scheme...

MTN Zakhele will miss the June 30 JSE listing deadline

By Ujuh MTN Zakhele announced that it has applied for a further extension for the exemption of its share trading platform as it works towards...

MTN Zakhele seeks listing on the JSE

By Ujuh MTN Zakhele shares seem to be destined to list on the black economic empowerment (BEE) platform of the Johannesburg Stock Exchange (JSE) alongside...

MTN’s Zakhele Futhi Inconsistent with BEE Act

Telecommunications network provider MTN’s Zakhele-Futhi’s scheme has been found to be inconsistent with South Africa’s Broad Based Black Economic Empowerment (BBBEE) Act. The BBBEE Commission on...

MTN second BEE deal, Zakhele Futhi raises R1.1 billion

The new MTN BEE transaction, together with the continuing contribution of the MTN Zakhele empowerment transaction, translates to an effective indirect “see-through” black ownership in excess of 30% of MTN’s South African operations.