French media and entertainment group Canal+ has formally confirmed it will conduct a secondary listing on the main board of the JSE on Wednesday, 3 June 2026, becoming the first French company to list on the Johannesburg bourse. The pre-listing announcement, published on Tuesday, sets out the terms of the fast-track secondary inward listing of…
Thomas Mukoya/Reuters Airtel Africa on Friday delayed the planned public listing of its mobile money business to the second half of 2026 and forecast a near-term margin squeeze due to higher costs arising from the ongoing US-Israeli war against Iran. The war has triggered an unprecedented crunch in crude supplies from the Middle East and…
Canal+, the global media and entertainment group that took control of MultiChoice last year, has confirmed it will conduct a secondary listing on the JSE on 3 June, becoming the first French company to do so. The inward listing remains subject to final approval from the bourse, which the company said is “expected to be…
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…
Cell C is set to list on the JSE on 27 November. (Photograph by Nicola Mawson) Cell C is on track to debut on the JSE – which ITWeb understands will be next Thursday – as planned, despite a legal challenge of a 2024 approval of a change in majority ownership. The network operator’s former…
Cell C has cut the offer price for its imminent JSE debut, trimming as much as R3.50/share off the bottom of the original range and knocking roughly R1-billion to R3-billion off its hoped-for valuation. In an update to investors on Friday, Blu Label Unlimited Group, Cell C’s largest shareholder, said it has approved a final…
Luxury Italian brand Prada still plans to become a dual-listed company but won’t commit until its listing date is “six months away,” the firm’s CFO Andrea Bonini told CNBC’s Charlotte Reed in an exclusive interview. Speculation about a possible dual listing, with the group currently listed on the Hong Kong Stock Exchange, has persisted since…
Cell C Holdings has officially announced its intention to list its ordinary shares on the Johannesburg Stock Exchange (JSE), a strategic move the mobile operator says will streamline its balance sheet, simplify a historically complex structure, and support its next phase of growth. Read: Bandwidth Blog & Smile 90.4FM Tech Tuesday: Supersonic plane takes flight!…
Cell C CEO Jorge Mendes. (Photograph by Nicola Mawson) Blu Label Unlimited, formerly Blue Label, has officially confirmed to shareholders that Cell C will be listing as a separate entity on the JSE, simultaneously creating an empowerment vehicle worth R2.4 billion. Cell C is expected to list towards the end of the year, ITWeb sources…
Cell C Holdings has announced its intention to list on the JSE, a move the mobile operator said will streamline its balance sheet, elevate its brand and support its next phase of growth. The listing announcement, which had been expected, said all of Cell C’s issued ordinary shares will be admitted to trading on the…
