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
Browsing: Phuthuma Nathi
MultiChoice’s broad-based black economic empowerment companies, Phuthuma Nathi Investments 1 and 2, will receive ordinary and special dividends worth R900m, the Naspers-owned pay-television broadcaster said on Thursday. The companies will receive an ordinary dividends of R480m, compared
The black economic empowerment (BEE) companies established by DStv owner MultiChoice are being paid ordinary and special dividends to the tune of R1bn in the current financial year, the pay-TV broadcaster said on Wednesday. The empowerment
Shareholders in Phuthuma Nathi, the black empowerment vehicle that owns 20% of MultiChoice SA, have the right to begin trading the shares next Thursday, 8 December, when a five-year lock-in period expires. MultiChoice SA group CEO Imtiaz Patel says