Jasco Electronics, Huge Group and Blue Label Telecoms top the list of best-performing technology shares on the JSE in 2016, TechCentral’s annual analysis of share price performances shows. Jasco, led
Browsing: Blue Label Telecoms
Here they are, TechCentral’s South African ICT Newsmakers of 2016. These are the individuals, in ascending order from five to one, who we believe were the most newsworthy in the technology and telecommunications space this year, for
JSE-listed Blue Label Telecoms – the company in the throes of acquiring 45% of mobile operator Cell C for R5,5bn – has announced plans to invest in start-ups. The firm has unveiled a new “business boutique accelerator programme
Cell C’s planned recapitalisation, in terms of which JSE-listed Blue Label Telecoms will acquire 45% of the mobile operator for R5,5bn, has hit turbulence. News wires, including Reuters, reported on Thursday
Cell C will reduce its net borrowings to a maximum of R6bn – from a proposed R8bn previously – Blue Label Telecoms, which is in the throes of buying a 45% stake in the mobile operator for R5,5bn
Market watchers are not worried about the decision by mobile operator Cell C to ditch its R8,5bn planned bond placement to reduce its crippling debt load of R20,7bn. Prepaid technology specialist
Cell C has withdrawn a planned bond placement to help it reduce its high levels of debt, but the company remains confident it will raise sufficient funds through a planned restructuring to reduce its maximum
Blue Label’s share price has been on a strong run since it announced its intention to invest a 35% equity stake in Cell C at the end of last year. Coupled with good growth numbers in its first half 2016 results, it has gained more than 60% so far
In a dramatic move of support for Pravin Gordhan, 81 CEOs pledged support for the finance minister days before he presents his mini budget and a week before he appears in court on fraud charges. “We stand as one for the rule
Cell C’s full financial results, for the six months ended June 2016, provide detailed insight into the performance of South Africa’s third largest mobile telecommunications operator for the first time. The numbers are contained in a