Nedbank has cut ties with MTN’s black empowerment scheme following a dispute over fees.   

MTN Zakhele Futhi (MTNZF), the special-purpose empowerment vehicle of Africa’s largest mobile operator, holds about 77-million shares in MTN, amounting to 4% of MTN’s issued share capital. The special-purpose vehicle is listed on the JSE. ..

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.