Browsing: MTN Zakhele

News
Delayed payouts still haunt MTN Zakhele

MTN Zakhele, the black economic empowerment scheme of telecommunications giant MTN Group, said it’s still processing payments to shareholders who opted to cash in their shares after the scheme expired in November last year

News
Gloom descends on MTN’s new BEE scheme

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

News
MTN BEE scheme misses offer target

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

News
MTN volatility weighs on Zakhele

It may seem that investors in MTN Zakhele, MTN’s black economic empowerment scheme, are pricing in risk given the sell-off leading up to the scheme’s expiry in November. Over the past month, the share price of

In-depth
MTN’s Zakhele Futhi: weighing up the options

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

News
Choices confront MTN Zakhele investors

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

News
MTN in new, R10bn BEE scheme

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

News
YeboYethu falls on JSE debut

The share price of Vodacom’s black economic empowerment scheme YeboYethu was down by nearly 5% on Thursday – with the telecommunication giant’s scheme marking its first day of trade on the JSE

News
MTN hits back at ‘white CEO’ critics

MTN has hit back at those who have criticised it for appointing a white group CEO in the form of outgoing Vodafone executive Rob Shuter. In a lengthy statement on Friday evening, MTN defended its record

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