Blu Label Unlimited Group co-CEO Mark Levy Blu Label Unlimited’s energy unit has started building its first power plant: a R360-million solar project at the Springs Fresh Produce Market that will supply electricity to the City of Ekurhuleni for 20 years. BluEnergy and its development partner, IBS Crafts, broke ground on the 25.6MWp (megawatt-peak) plant…
Blu Label co-CEOs, brothers Brett and Mark Levy Blu Label Unlimited Group’s highest earner took home R36.5-million in the year to May, about 470 times the R77 400 earned by its lowest-paid permanent employee, according to pay-gap disclosures now required under the amended Companies Act. The median employee earned R495 000, so the top earner was paid…
Blu Label co-CEO Brett Levy MTN’s stated intention to deal directly with South Africa’s banks on airtime sales comes down, for Blu Label Unlimited Group, to one account: Capitec. MTN South Africa CEO Ferdi Moolman said at a media briefing on Tuesday – the same one at which he disclosed that the industry pushes up…
The expected significant decline in reported earnings comes as Blu Label continues to account for the complex restructuring of Cell C. (Image source: iStock) Blu Label Unlimited expects earnings per share (EPS), headline earnings per share (HEPS) and core HEPS to fall by more than 20% for the year ended 31 May, as accounting effects…
Blu Label co-CEOs, brothers Brett and Mark Levy Blu Label Unlimited Group, previously Blue Label Telecoms, expects headline earnings per share for the year to 31 May 2026 to fall by more than 80%, and to report a loss at the earnings per share level, as the accounting consequences of Cell C’s separation and listing…
In this episode of ITWeb TV, Blu Label joint CEOs, Mark and Brett Levy reflect on building the company from car radios and prepaid vouchers to a diversified technology giant, while discussing Cell C’s turnaround, entrepreneurship, energy ambitions, leadership lessons and South Africa’s digital future. #CellC #Entrepreneurship #JSE Blu Label Unlimited, the majority shareholder in…
Blu Label Unlimited Group co-CEO Mark Levy Blu Label Unlimited Group is building what it describes as an “integrated energy ecosystem” that spans smart meter roll-outs, municipal revenue recovery and small-scale power generation — a strategy it believes no other South African company can replicate. Speaking to journalists after the release of its interim results…
Blu Label Unlimited Group co-CEO Brett Levy Blu Label Unlimited Group has declared its first interim dividend in eight years, signalling it is finally putting the long and costly Cell C chapter behind it. The group, formerly known as Blue Label Telecoms, declared an interim dividend of 43.56c/share for the six months to end-November 2025,…
BLU’s carrying value of Cell C has dropped. (Photograph by Nicola Mawson) JSE-listed Blu Label Unlimited is set to take a R5.2 billion hit on its stake in Cell C because the value of its investment at listing was lower than the value it was carrying on its books, resulting in an accounting loss. In…
Blu Label Unlimited Group will post a massive basic earnings loss for the six months to end-November 2025, driven almost entirely by a R5.2-billion accounting hit linked to its disposal of control in Cell C – but the company is keen to draw attention to what it says is a far more meaningful picture of…
