Browsing: Zakhele

MTN has dominated headlines for all the wrong reasons since news of the Nigerian fine hit the headlines last Monday. The company’s share price fell by more than 22% in the week that followed. There has been a lot of criticism directed at management for this mess as it appears to have

Enormous demand for shares in MTN’s Zakhele black economic empowerment deal has resulted in the offer being oversubscribed. The offer, which closed on 14 October, involves the sale of about R1,6bn worth of shares