Browsing: Blu Label Unlimited Group

Co-CEO Brett Levy named the single point of exposure when asked about MTN’s push for direct relationships with the banks.

Sites, grid connections and power-purchase agreements are in place for 180MW, but nothing is generating yet.

R46.2-billion of prepaid electricity moved through the group in the year to May, up 4%. The commission it earned fell 13%.

The damage is in the accounting rather than at the trading level, but shareholders face a big swing from profit to loss.

Capitec Connect, a Cell C-hosted MVNO, now has 1.5 million active users and is eyeing home broadband services next.

Blu Label wants to help municipalities find billions in lost electricity revenue – and keep a cut of the monies recovered.

Blu Label has resumed dividend payments after years of Cell C restructuring drained the group’s resources.

Stable electricity supply and an enabling macroeconomic environment have laid the groundwork for the sector’s continued growth in 2026.

Many of South Africa’s listed tech companies performed well in 2025, with some growing their share prices by over 70%.

Cell C’s share price moved sharply higher on its second day of trade on the JSE on Friday, closing 12.7% up at R31.