iOCO’s extraordinary comeback plan

iOCO’s extraordinary comeback plan

iOCO co-CEO Rhys Summerton iOCO, which is rapidly turning around its financial fortunes, will entertain blockbuster acquisitions of up to R1-billion in value as it pursues a renewed growth agenda after years of being hamstrung by a weak balance sheet and legacy governance problems. That’s the word from co-CEO Rhys Summerton, who was speaking to…

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Cell C comeback supercharges Blue Label

Cell C comeback supercharges Blue Label

JSE-listed Blue Label Telecoms has taken a decisive step in its troubled, long-running association with Cell C, reversing a multibillion-rand impairment previously recognised against its stake in the mobile operator. The move reflects a marked improvement in Cell C’s equity valuation and signals Blue Label’s confidence in the mobile operator’s recovery trajectory. The move comes…

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