User:User2651/sandbox
| Submission declined on 12 November 2024 by CFA (talk). This submission appears to read more like an advertisement than an entry in an encyclopedia. Encyclopedia articles need to be written from a neutral point of view, and should refer to a range of independent, reliable, published sources, not just to materials produced by the creator of the subject being discussed. This is important so that the article can meet Wikipedia's verifiability policy and the notability of the subject can be established. If you still feel that this subject is worthy of inclusion in Wikipedia, please rewrite your submission to comply with these policies.
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|  |
| Industry | Investment |
|---|---|
| Founded | 2006 |
| Website | https://www.phuthumanathi.co.za/ |
Phuthuma Nathi, launched in 2006, is a South African empowerment initiative offering black South Africans indirect ownership in MultiChoice SA under B-BBEE policies. With over 75,000 shareholders,[1] it has distributed R13.4 billion in dividends,[2] benefiting individuals, small businesses, and community groups.[3]
History and Growth
[edit]In 2011, Phuthuma Nathi shares became publicly tradable,[4] increasing flexibility for shareholders. By 2019, MultiChoice expanded Phuthuma Nathi's ownership to 25%,[5] strengthening its role in empowerment.
Impact and Empowerment
[edit]Phuthuma Nathi's dividends support shareholders' goals, from education to housing. This initiative remains integral to MultiChoice's mission of promoting social and economic progress,[6] aligning closely with South Africa's B-BBEE goals.
External links
[edit]References
[edit]- ^ Moyo, Admire (2024-08-28). "MultiChoice BEE scheme Phuthuma Nathi to pay out R1.3bn". ITWeb. Retrieved 2024-11-12.
- ^ Moyo, Admire (2024-08-28). "MultiChoice BEE scheme Phuthuma Nathi to pay out R1.3bn". ITWeb. Retrieved 2024-11-12.
- ^ Brouwers, Terri-Anna (27 August 2024). "MultiChoice's Phuthuma Nathi shareholders to get over R1.37bn in dividendsThe share scheme has over 75 000 black shareholders".
- ^ Moyo, Admire (2024-08-28). "MultiChoice BEE scheme Phuthuma Nathi to pay out R1.3bn". ITWeb. Retrieved 2024-11-12.
- ^ [MultiChoice's Phuthuma Nathi shareholders to get over R1.37bn in dividendsThe share scheme has over 75 000 black shareholders "MultiChoice's R6 billion profit under its Phuthuma Nathi scheme"].
{{cite web}}: Check|url=value (help) - ^ [MultiChoice's R6 billion profit under its Phuthuma Nathi scheme "MultiChoice's R6 billion profit under its Phuthuma Nathi scheme"].
{{cite web}}: Check|url=value (help)
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