MTN Zakhele’s disastrous start to life as a traded entity took a turn for the worse when it announced today’s proposed re-opening of trading won’t happen after all. A statement from the company says it will only be able to tell its 120 000 shareholders on Thursday when the trading platform will re-open after a … Read more
Since 1 November, MTN Zakhele shareholders have been encouraged to register ahead of being able to start trading their shares last Monday. An aggressive media campaign was also launched in the run-up to the Big Day. On Biznews.com we ran a story about how the new BEE share listing was due to enjoy vibrant trading. … Read more
There’s a quiet boom happening in BEE shares issued by a number of South Africa’s major public companies. On Monday, 120 000 shareholders in the MTN Zakhele scheme will be able to begin trading their shares. In this interview the scheme’s chairman, former Eskom CEO Thulani Gcabashe explains how these investors have already landed a … Read more