Browsing: Blu Label Unlimited Group

CEOs Brett and Mark Levy each earned R33-million, down 12%, as bonuses fell short of target.

The CEO who rebuilt Cell C from near-collapse has put R20.8-million of his own money in.

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.