Browsing: Phuthuma Nathi

In-depth
Lessons from the Vodacom YeboYethu deal

Gradidge-Mahura Investments turns ten this month. On 26 June 2008, Cipro (as the Companies and Intellectual Property Commission was known back then) confirmed that the business had been registered

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Windfall for MultiChoice BEE shareholders

MultiChoice said on Wednesday that shareholders in its Phuthuma Nathi broad-based black economic empowerment vehicle Phuthuma Nathi will receive R1.3bn in ordinary dividends. This is after the dividend

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Listing MultiChoice a ‘no-brainer’: chairman

MultiChoice South Africa Holdings chairman Nolo Letele has said it would “absolutely make sense” to list the pay-television broadcaster on the JSE, but the requirement of its broadcasting licence that 30% of its equity be in black

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R8,2bn MTN Zakhele to list on the JSE

MTN’s black economic empowerment (BEE) share scheme MTN Zakhele is expected to list on the JSE on 5 November. With a market capitalisation of R8,2bn, MTN Zakhele will be the first BEE empowerment share scheme to list on the JSE’s BEE board from its current over-the-counter

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MultiChoice mints money for BEE shareholders

In a resounding black economic empowerment success story, the value of the 20% investment in MultiChoice South Africa by BEE shareholders has increased by 20 times. The shares are currently trading around R170 each and, including total dividends paid to date of just

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Windfall for Phuthuma Nathi investors

Shareholders in MultiChoice’s broad-based black economic empowerment scheme Phuthuma Nathi are set for a windfall. They will receive R1,2bn in ordinary dividends in 2015, an increase from

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