“I’ll be lucky to get back what I put in”: MTN’s Zakhele Futhi leaves investors disappointed with low returns
- MTN's Zakhele Futhi (MTNZF) will begin paying out shareholders on July 28, 2025.
- Investors express disappointment as payouts fall short of initial promises.
- The B-BBEE Commission flagged MTNZF in 2019 for inconsistencies with the B-BBEE Act.
The situation surrounding MTNZF highlights significant flaws in the implementation of BEE investment schemes, which often fail to deliver on their promises of empowerment and financial returns. Future initiatives must prioritize genuine ownership and create real value for investors to restore trust in these programs.
