MTN unveils second BEE deal, MTN Zakhele Futhi worth R9.9 billion

South Africa’s mobile phone giant MTN has announced a second black economic empowerment (BEE) deal, under which it will sell a 4% stake in the mobile phone company, worth about R9.9 billion, to black investors. By Gugu Lourie The mobile phone operator said the new MTN BEE transaction, together with the continuing contribution of the The post MTN unveils second BEE deal, MTN Zakhele Futhi worth R9.9 billion appeared first on TechFinancials.

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