The final implementation of the 2016 edition of MTN’s new black economic empowerment scheme, MTN Zakhele Futhi, has started, with the expectation that it will close this week. MTN Zakhele Futhi opened to qualifying black investors and groups in September, with the public offer raising some R1.09-billion from more than 81 000 applicants from across South Africa and R817-million being reinvested from 11 203 qualifying MTN Zakhele shareholders with 13.5-million shares.
Source: www.engineeringnews.co.za
MTN Zakhele Futhi to close this week
