Subscribe & Follow
Jobs
- Sales, Marketing and Financial Advisory Durban
- New Business Personal Lines Insurance Broker Pretoria East
- New Business Commercial Lines Insurance Broker Centurion
- Administrator - Filing and Archive Cape Town
- Statutory Reporting - Actuary Cape Town
- Branch Administrator Cape Town
- Administrator George
- Part time: Bookkeeper / Financial Controller Cape Town
Mzanzi Media and Entertainment Fund (MMEF) - A journey of innovation and impact
Strategic focus and early success
MMEF’s strategic focus is on five key revenue streams:
- Feature film TV series production: Financing high-quality movies and series for streaming platforms like Netflix and Amazon.
- Media buying: Investing in advertising space, both digital and traditional.
- Outdoor media: Funding for billboards and other outdoor advertising mediums.
- Equipment purchasing: Providing resources for acquiring production and broadcast equipment.
- Infrastructure development: Investing in the necessary infrastructure to support media production and distribution.
By July 2023, MMEF made its first public offering, a significant milestone that allowed the fund to attract a broad range of investors. This move was part of a broader strategy to leverage deep industry insights and financial expertise to support and grow high-potential media projects.
Investment achievements
As of May 2024, MMEF has deployed R 43,150,871.92 into the production of TV series, set to premiere on major streaming platforms like Netflix and Amazon. This substantial investment underscores the fund’s commitment to fostering high-quality media content and supporting the growth of South Africa’s entertainment sector.
MMEF's performance has been impressive, with the fund yielding 8.69% in 2023 over just four and a half months and achieving a 7.59% return so far in 2024. For April 2024 alone, the fund reported a yield of 1.77%, demonstrating its consistent performance and robust investment strategy.
Approval by JSE's JPP platform
A pivotal moment in MMEF’s journey was its approval on April 23, 2024, by the JSE's Johannesburg Private Placements (JPP) platform (FSP: 51709). JPP is a strategic extension of the Johannesburg Stock Exchange (JSE), designed to facilitate private placements and connect innovative projects with investors. This approval validates MMEF's strategic vision and opens up new avenues for raising capital, enabling the fund to attract more investments and scale its impact.
Looking ahead
MMEF’s journey from inception to its current status as a high-performing fund is a testament to its strategic focus and the expertise of its management team. The fund not only aims for financial success but also champions inclusivity and sustainability through investments aligned with Broad-Based Black Economic Empowerment (BBB-EEE) principles.
As the fund continues to grow and invest in transformative media projects, it remains dedicated to delivering exceptional returns to its investors and contributing to the vibrant cultural fabric of South Africa. The approval by JPP further solidifies MMEF’s position as a key player in the industry, providing a secure and efficient environment for high-value investments
Join the journey
Investors looking to be part of this exciting journey can explore the fund’s latest performance and opportunities through the detailed fund fact sheet available here. For more information or to start the investment process, please contact Unum Capital’s client support team via phone 0113842965 / 0113842963 or email az.oc.munu@troppustneilc or visit the official website www.jpp.mmefund.co.za.
The Mzanzi Media and Entertainment Fund is not just an investment; it’s a gateway to the future of South African media and entertainment.
- Wealth Refinery: Transforming insurance and investment solutions in South Africa10 Dec 16:08
- Union Credit: Empowering business growth with tailored financial solutions07 Oct 13:35
- Simple Skin celebrates Women's Month with official launch in August 202401 Aug 13:44
- Investing in the Mzanzi Media and Entertainment Fund (MMEF): Simple, secure, and high-yielding22 Jul 14:26
- Red Tape Compliance Services: Your partner in navigating South Africa's regulatory landscape02 Jul 14:56