Browsing: Mark Ansley

Gloom hangs over Cell C rescue plan

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

Market unconcerned about Cell C bond U-turn

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