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MTNZF

JSE
1,917 ZAc
83
4.15%
Last update Jul 11, 2:37 PM SAST
Market closed
Day range
1,910
2,000
Previous close
2,000
Open
2,000
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MTN Zakhele Futhi RF Ltd.
1,917.00
83
4.15%

Overview

Description

MTN Zakhele Futhi RF Ltd. represents a unique opportunity in the realm of equity investments within the telecommunications sector. This asset is part of MTN Group's broad-based black economic empowerment (B-BBEE) initiative, aimed at promoting economic participation among historically marginalized South African communities. Primarily, MTN Zakhele Futhi functions as an investment vehicle, offering individuals and entities the chance to hold shares in MTN Group, one of the most prominent telecommunications companies in Africa. This initiative underscores MTN Group's commitment to social equity and economic inclusivity. By facilitating ownership access to underrepresented groups, MTN Zakhele Futhi plays a crucial role in supporting the broader national agenda of economic transformation. The company's impact extends beyond mere ownership by fostering educational and sustainable development within its shareholder base. In the financial market, MTN Zakhele Futhi is indicative of a strategic approach by large corporations to align with governmental policies for societal advancement, while at the same time ensuring corporate growth and shareholder value. Its presence highlights the importance of inclusive growth strategies in shaping equitable financial ecosystems.

About

CEO
Employees
0
Address
135 Rivonia Road
Sandown
Sandton, 2196
Phone
27 83 900 6863
Instrument type
Common stock
Sector
Financial Services
Industry
Shell Companies
Country
South Africa
MIC code
XJSE
Market closed

Exchange is currently closed (non-working day)
Main market opens in 19 hours 41 minutes

13:18
00:00
23:59

Trading Hours (Monday - Friday):

Main market
09:00 - 17:00
All times are displayed in the Africa/Johannesburg timezone (SAST, UTC+02:00).