MTN Zakhele Futhi

MTN Zakhele-Futhi scheme 'inconsistent with B-BBEE aims'

The broad-based BEE commission says the mobile operator did not comply with the objectives of the Empowerment Act.

Feb 27, 2017

MTN warns shareholders of earnings losses

The mobile operator continues to feel the extent of the Nigerian fine, as it issues another warning ahead of full-year results.

Jan 24, 2017

Delayed payment MTN Zakhele shareholders to get interest

The company reassures shareholders who have not yet received payments that they will be paid with interest by the end of February.

Dec 12, 2016

MTN Zakhele to de-list this week

The empowerment scheme plans to terminate its listing on the JSE on Wednesday, after reaching maturity last month.


Last chance to invest in MTN Zakhele Futhi

Black South Africans have eight days to take up this opportunity: the shares will be available until 4pm on 28 October.


MTN extends Zakhele Futhi offering deadline

The telecoms operator has extended the closing date for investor participation in its new R9.9 billion BEE scheme.?


MTN shareholders approve BEE scheme

Stakeholders vote to approve the proposed R9.9?billion empowerment transaction, MTN Zakhele Futhi, and a planned employee share ownership plan.

Sep 12, 2016

MTN's new empowerment scheme kicks off

Zakhele Futhi is potentially valued at up to R9.9?billion and is envisaged to hold approximately 4% equity in the MTN group.

Aug 23, 2016

MTN creates new R10bn BEE scheme

MTN Zakhele Futhi will provide an investment vehicle for black investors ahead of MTN Zakhele's contractual unwinding in November.

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