MTN Zakhele Futhi – A BEE journey nearing its end.

Loading player...
We unpack the story of MTN Zakhele Futhi, one of South Africa’s largest Broad-Based Black Economic Empowerment (B-BBEE) investment schemes now approaching its unwinding phase.



We’re joined by Belinda Mapongwana, Chairperson of MTN Zakhele Futhi, who reflects on the scheme’s journey since its launch in 2016, the value it delivered to nearly 90,000 Black investors, and what investors can expect as the structure winds down.



What were the wins, what lessons can be drawn, and how will this shape the future of inclusive investment vehicles in South Africa?
15 Jul 2025 4PM English South Africa Business News · Investing

Other recent episodes

BofA Slashes SA Growth Forecast as Inflation Surges

Bank of America has cut South Africa’s 2026 GDP growth forecast to 1.3%, warning that higher oil and fertilizer prices will keep inflation above 4% for most of the year. Economist Tatonga Rusike explains
23 Apr 3PM 11 min

Understanding SA’s First Wealth Score

Franc unveils South Africa’s first-ever Wealth Score, revealing that financial habits—not income—are the strongest predictor of financial health. We unpack why SA’s national score is 45/100 and the behavior gap between knowing and doing with Dr. Thomas Brennan, founder and CEO of Franc.
23 Apr 3PM 13 min

Clicks Lifts HEPS 8% Despite Warehouse Disruptions.

Clicks delivered firm interim results with diluted HEPS up 8.1%, even as warehouse system delays cost an estimated R175 million in lost sales. CEO Bertina Engelbrecht discusses pharmacy growth, trading margins, and festive‑season competition.
23 Apr 2PM 16 min