Another chance to buy MTN's BEE Zakhele Futhi shares

MTN has extended the application deadline for black investors to purchase MTN Zakhele Futhi shares due to the high number of applications.

Investors have been invited to invest in the new BEE (Black Economic Empowerment) scheme at R20 per share. Shareholders of the previous BEE scheme (MTN Zakhele) who are interested in purchasing shares in the new scheme are welcome to apply for a minimum of 50 Zakhele Futhi shares.

702's John Robbie spoke to MTN Group Executive of Corporate Affairs, Chris Maroleng, who explained how the scheme works and who benefits.

Interested applicants can visit any Nedbank branch to collect a prospectus and fill out forms to participate.

Listen to the interview below:

The minimum investment amount is R2 000. This gives historically disadvantaged investors exposure to an asset or an investment in the growth stock in the ICT or technology environment.

Chris Maroleng, MTN Group Executive of Corporate Affairs
Read More
Major medical breakthrough: New gene pegged as cause of heart attacks in youth

Major medical breakthrough: New gene pegged as cause of heart attacks in youth

This is being called the biggest medical advancement in South African cardiology since Dr Chris Barnard's first heart transplant.

Parents urged to check tertiary institutions are legit before registering kids

Parents urged to check tertiary institutions are legit before registering kids

The Council on Higher Education says parents need to be wary of the increasing number of fly-by-night tertiary institutions.

New app to detect hearing loss

New app to detect hearing loss

University of Pretoria has developed a new app which uses a smartphone to detect hearing loss.

What we can expect from SABC after inquiry consolidates

What we can expect from SABC after inquiry consolidates

SABC's leadership and parliament has come under fire since the inquiry into the board's fitness to hold office.

LISTEN: Radio veterans, Gordhan, sports stars, celebs say bye to John Robbie

LISTEN: Radio veterans, Gordhan, sports stars, celebs say bye to John Robbie

John Robbie's 30-year run in radio has come to an end with friends, callers and colleagues wishing him a heartfelt goodbye.

2016 news wrap: A look back at the stories that grabbed SA's attention

2016 news wrap: A look back at the stories that grabbed SA's attention

Barry Bateman spoke to Stephen Grootes to unpack the meaning behind the stories that dominated the headlines in 2016.

Popular articles
3 hottest JSE stock picks of the week (by Cannon Asset Managers)

3 hottest JSE stock picks of the week (by Cannon Asset Managers)

These three shares are the best investments on the JSE right now, says Cannon Asset Managers Portfolio Manager Samantha Steyn.

No jobs for medical interns as health dept funds dry up - Sama

No jobs for medical interns as health dept funds dry up - Sama

Mark Sonderup, South Africa Medical Association, vice-chairperson says the medical profession is in trouble.

Wa Afrika given 24-hour security after exposing Eskom

Wa Afrika given 24-hour security after exposing Eskom

Times Media Group has provided 24-hour security to Wa Afrika after a confession from the man hired to kill him.

Why Sisulu and Dlamini-Zuma aren't suitable Presidential candidates: analyst

Why Sisulu and Dlamini-Zuma aren't suitable Presidential candidates: analyst

ANC branch in the Eastern Cape, Z.R Mahabana, has launched a campaign backing Lindiwe Sisuslu as an ANC presidential candidate.

Gigaba said he failed to assure Moody's about SA economic policy- senior journo

Gigaba said he failed to assure Moody's about SA economic policy- senior journo

The Finance Minister admitted that he faced difficult questions from investors during his visit to the US, says Simon Marks.

[Watch] All the Foreshore Freeway Project proposals

[Watch] All the Foreshore Freeway Project proposals

Take a look at the 6 six proposals that have been received by the City for the Foreshore freeway precinct.