Author: Ray Mahlaka

The downgrade of Cell C’s corporate credit rating to the junkiest of junk by S&P Global Rating is another blow to the telecommunications company’s brave ambition of reducing its crippling debt load of R20,7bn. This is the view of

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As MTN’s much-lauded black economic empowerment scheme Zakhele enters the final stages of its maturity, uncertainty is growing in the market about the take-up of the newly formed Zakhele Futhi by investors. MTN Zakhele Futhi was meant to be

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Cell C is in the process of raising US$600m, or about R8,5bn, to prop up its balance sheet, given its crippling debt load of R23,6bn. The company’s management is currently on a roadshow in London to drum up support among investors, as the

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It may seem that investors in MTN Zakhele, MTN’s black economic empowerment scheme, are pricing in risk given the sell-off leading up to the scheme’s expiry in November. Over the past month, the share price of

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The share price of Vodacom’s black economic empowerment scheme YeboYethu was down by nearly 5% on Thursday – with the telecommunication giant’s scheme marking its first day of trade on the JSE

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