Blu Label, controlled by South Africa's Levy brothers, swings to a $306 million loss
Blu Label Unlimited posted a R4.9 billion loss after writing down Cell C, but paid a dividend for the first time in eight years.
Blu Label Unlimited
Brett and Mark Levy's Blu Label warns earnings will crater more than 80%, but only on paper
Blu Label, led by tycoons Brett and Mark Levy, expects earnings to fall more than 80% and swing to a loss for the year.
South Africa's wealthy Levy brothers lose $97 million in ten months on Cell C woes
South African billionaire brothers Mark and Brett Levy have lost a combined R1.58 billion ($97.1 million) in ten months after the Cell C IPO disappointed investors.
Brett and Mark Levy built Blu Label into South Africa's invisible infrastructure and it moves R108 billion a year
Brett and Mark Levy's Blu Label Unlimited moves R108 billion a year as South Africa's dominant distributor of prepaid electricity and airtime, serving 35 million customers monthly.
Mark and Brett Levy's Blu Label Unlimited shares lose $85.1 million in seven months
Mark and Brett Levy have lost R1.46 billion over seven months as Blu Label Unlimited shares fell sharply from their August 2025 peak.
Mark and Brett Levy eyes billions in municipal power revenue
Mark Levy says Blu Label is positioning Cigicell to recover billions in lost municipal electricity revenue and strengthen group margins.
Mark and Brett Levy's Blu Label reports first half loss after Cell C spin off
Mark Levy Blu Label reported a first half loss after spinning off Cell C, though core operations remained profitable.
Mark and Brett Levy's Blu Label secures major energy trading licence for BluEnergy
Mark Levy has secured a multi year trading licence for BluEnergy, strengthening Blu Label role in South Africa evolving power market.