MTN, which previously cautioned it would report a loss for the full-year ended 31 December 2016, has now provided more guidance on the likely range of the losses. Africa’s biggest mobile operator expects
Browsing: MTN Zakhele Futhi
It has been nearly two months since MTN Zakhele, the much-lauded black economic empowerment scheme of MTN Group, expired and several shareholders are yet to receive the proceeds from their
As MTN’s much-lauded black economic empowerment scheme Zakhele enters the final stages of its maturity, uncertainty is growing in the market about the take-up of the newly formed Zakhele Futhi by investors. MTN Zakhele Futhi was meant to be
MTN’s public offer in terms of its third black economic empowerment deal, valued at R9,9bn has closed – but short of its target. The public offering to qualifying black participants at a subscription price of R20/share for a minimum
MTN has raised R1,1bn through the public offer for its new black economic empowerment scheme, Zakhele Futhi, well short of the target of R2,5bn, but sufficient to allow the transaction to proceed. The telecommunications group
MTN has announced plans for the introduction of its third black economic empowerment deal, valued at R9,9 billion, and it’s received a great deal of attention from investors and analysts alike. The proposed scheme will see the issue
There is life after MTN Zakhele, the black economic empowerment scheme of telecommunications giant MTN, which is widely viewed to have created value for investors. On Monday, MTN announced that it will
Telecommunications group MTN has announced a new black economic empowerment scheme worth R9,9bn. News of the planned scheme, to be called MTN Zakhele Futhi, comes ahead of the November unwinding