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Each Zakhele Futhi share costs R20 and you must apply for a minimum of shares to participate in the scheme, meaning you have to invest at least R2 After eight years you will be able to sell to anyone. FICA supporting documents and proof of bank account a copy of your latest bank statement stamped by your bank.

Once your application has been submitted, you will receive payment instructions via SMS as well as a unique reference number which you will use to make the payment.

How rich you would be if you invested in MultiChoice’s BEE scheme

Your unique reference number should be used as your payment reference. If you hold dematerialised MTN Zakhele Shares, you must instruct your CSDP or broker in accordance with your mandate with them as to your election by no later than 12pm on 21 October If you hold your MTN Zakhele Shares through Pacific Nominees, you must make an election on the MTN Zakhele transaction platform, or through the MTN Zakhele call centre on , by 12pm on 19 October If you hold certificated MTN Zakhele Shares, complete and deliver the form of surrender, election and transfer the pink form in the MTN Zakhele Scheme circular to MTN Zakhele transfer secretaries by latest noon on 21 October Get access to exclusive sneak peaks and the freshest info from Destiny Man.

Room Five, Rivonia, Sandton 1 July Get access to exclusive sneak peeks and the freshest info from Choose Your Newsletters Destiny Insider Destiny Weekly Our Events. Home Business Everything you need to know about buying MTN Zakhele Futhi shares Everything you need to know about buying MTN Zakhele Futhi shares By Thandi Skade September 13, Print this article Email this article.

Who qualifies to apply?

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How much does it cost? What documentation must I submit with my application?

Multi-billions set to be paid out to MTN Zakhele shareholders For black groups: Cash applicants New applicants to the scheme can apply for shares in cash. EFT payments can be made to the banking details below: MTN Zakhele Futhi RF Limited Nedbank account number: Current account Branch code: The unique reference number sent by Nedbank via SMS when you submit your application form and supporting documents.

Fresh opportunity for black investors to grab MTN shares If you hold dematerialised MTN Zakhele Shares, you must instruct your CSDP or broker in accordance with your mandate with them as to your election by no later than 12pm on 21 October Live Chats Previous Chats Lunch Hour Mentorship with Khanyi Dhlomo.

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