YeboYethu Limited
JJSE:YYLBEE6,000.00
ZAC
-1.00
(-0.02%)
ISIN
ZAE000218483
Return %
Stock
S&P 500
1Y
57.07
14.20
3Y
122.22
81.12
5Y
17.65
68.34
Capital Structure
ZAR
•
in mil. unless spec.Working Capital
ZAR
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in mil. unless spec.Growth Rates
ZAR
•
in mil. unless spec.Semi-annual Revenue
ZAR
•
in mil. unless spec.Semi-annual Earnings Per Share
ZAR
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in mil. unless spec.Semi-annual Dividends Per Share
ZAR
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in mil. unless spec.Company Description
- Sector
- Finance
- Industry
- Financial conglomerates
- Address
- Midrand South Africa
- IPO Date
- Aug 11, 2016
- Website
- yeboyethu.co.za
- Similar Companies
- Business
- YeboYethu (RF) Limited is a South Africa-based special purpose investment holding company established to facilitate Broad-Based Black Economic Empowerment (B-BBEE) ownership in Vodacom Group Limited. Founded in 2008 and headquartered in Midrand, South Africa, the company operates within the specialized investment holding and financial services sector, with its ordinary shares publicly traded on the BEE Segment of the Johannesburg Stock Exchange under the ticker symbol JSE:YYLBEE. The primary business activity of YeboYethu is to acquire and hold an equity interest in Vodacom Group Limited and pass through the resulting economic benefits, including dividend income and capital growth, to qualifying black retail, institutional, and employee shareholders across South Africa. The company's core operations, structural offerings, and asset portfolio encompass: equity investment holding services focused exclusively on the telecommunications and digital communications sector; Broad-Based Black Economic Empowerment equity facilitation, enabling over 100,000 qualifying black individual and consortium investors to access ownership in a leading telecommunications operator; dividend administration and distribution mechanisms that service preference share liabilities and distribute net surplus cash flows to ordinary shareholders; secondary market equity trading enablement through its regulated listing on the JSE BEE segment; and capital structure management comprising ordinary share equity, Class A third-party commercial bank preference shares, and Class B vendor financing preference shares. Through its holding entity, YeboYethu Investment Company (RF) Proprietary Limited, the company maintains a material equity shareholding in Vodacom Group Limited, providing indirect operational exposure to consumer and enterprise mobile telecommunications; wireless voice and messaging services; high-speed mobile and fixed data connectivity; broadband infrastructure; digital financial and fintech solutions including M-Pesa and VodaPay; mobile merchant payments and digital lending services; cloud computing and internet-of-things (IoT) ecosystems; and digital lifestyle and media platforms across South Africa and key African markets including the Democratic Republic of the Congo, Tanzania, Mozambique, Lesotho, Egypt, and Ethiopia. Strategic institutional participants in the empowerment structure include Royal Bafokeng Holdings, Thebe Investment Corporation, and the YeboYethu Employee Share Ownership Trust. In recent developments, YeboYethu has continued the execution of its 10-year evergreen empowerment financing structure, managing and servicing its Class A third-party bank preference shares and Class B Vodacom vendor debt obligations maturing in 2028. The company has maintained an active capital return schedule, declaring and executing consecutive semi-annual dividend distributions to shareholders supported by underlying dividend flows from Vodacom Group Limited. Operationally, YeboYethu has sustained its involvement in the national JSE-led Claim It tracing campaign, deploying multi-channel shareholder engagement and verification initiatives to locate untraced empowerment investors and disburse accumulated unclaimed dividends. Additionally, the company has managed net asset value positioning and balance sheet stability in response to equity market fluctuations and telecommunications valuation adjustments, while upholding statutory ring-fenced governance compliance on the Johannesburg Stock Exchange.