MTN Zakhele Futhi’s only asset is MTN shares. As MTN’s empowerment fund starts to wind down, the picture for shareholders looks bleak given that its shares have fallen sharply and dividends have been sparse. MTN Zakhele Futhi (MTNZF) was launched in 2016 to replace MTN’s original Zakhele Scheme, which ran from 2010 and was unwound…
A sign outside MTN Group’s head office in Johannesburg. Image: TechCentral Shareholders in MTN Group’s long-running black empower scheme known as MTN Zakhele Futhi can look forward to a payout later this month – and a modest profit on their investment. The scheme, which is in the process of being unwound, will begin distributions to…
Winter in some parts of South Africa is a time of low (or no) rainfall and high fire danger. Sheldon Strydom studies the relationship between weather and fire, in particular how Berg winds, also known as mountain flow events, are linked to periods of enhanced fire danger. Mid-July is typically a high risk period. He…
