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Johannesburg Stock Exchange

Last update 30 Dec 2025

Mtn Zakhele Futhi (RF) Ltd · MTNZFJ.J

South Africa · Financials · Capital Markets · ZAR

Price history

MTN Zakhele Futhi (RF) Limited is an investment company. The Company is formed to facilitate the implementation of a Broad Based Black Economic Empowerment (BBBEE) transaction by MTN Group aimed at maintaining MTN Group’s BBBEE status in support of South Africa’s BBBEE codes of good practice. The Company is engaged in acquiring and holding shares in MTN Group on behalf of the participating black public. Its operating profile is classified in the Corporate Financial Services industry within the Financials sector, with its main corporate country recorded as South Africa. The investment case is tied to the durability of its core operations, the quality of its asset base, customer demand in its served markets, and management execution within the regulatory and competitive conditions of its industry.

Fundamentals

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Metric  (ZAR, M) 2024 2023 2022 2021 2020
Revenue Total Revenue 254
EBITDA
EBIT 221
Net income Net Income 188
Operating margin 87%
Net margin 74%