Workers at Cell C Want Investec to Explain ‘Sudden Devaluing’ of their Share Scheme

The Information Communication Technology Union (ICTU) has asked Investec to explain the ‘devaluing’ of the "Believe Phantom Option Shares Scheme (Believe Share Scheme)" awarded to Cell...
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Union Says It Wants A Thriving And ‘Corruption Free’ Cell C

The Information Communication and Technology Union (ICTU) says it wants to see a “stable, thriving and corruption free Cell C” company. “We are for cleaning...

Cell C Board Didn’t Approve Hefty bonuses Paid To Executives

The Cell C board did not approve hefty bonuses to the company's executives and senior staff, insiders have revealed. Earlier this month, TechFinancials reported that...

Workers Call For Probe Into Multi-Million Rand Payments Made To Cell C Executives

Workers at Cell C have asked the company's chairman and board to investigate why executives and senior staff were paid hefty bonuses in light...

R219 Million Paid To Three Top Execs At Cell C in 2017

Notwithstanding that this recapitalisation enabled Cell C to "finance" the acquisition of shares by Blue Label through selling its own shares. With such earnings, Cell C's...

Cell C Defends its Recapitalisation Amid Backlash

Cell C, South Africa’s biggest mobile phone operator, has rejected claims that its recapitalization process is not complying with the country’s legislative provisions. The country’s...

ICASA Seeks Legal Advice on Cell C’s Recapitalisation

The country’s communications watchdog is seeking legal advice in response to Cell C’s recapitalisation that is in 'violation' of its licence conditions. The country’s third-biggest...

Cell C Recapitalisation is Not a Done Deal, warns BEE Partner CellSAf

By Staff Writer Cell C’s black economic empowerment shareholder, CellSAf, which currently holds 25% of South Africa’s third largest mobile operator, has warned that the...

Cell C Slams Empowerment Partner CellSaf

By Staff Writer Cell C has slammed its black economic empowerment partner, CellSaf for threatening to go to court again if a planned restructuring of...

An Unnamed Investors Joins Blue Label to Finalise Cell C’s Recapitalisation

By Staff Writer Tech firm Blue Label Telecoms announced on Monday that it has entered into a binding umbrella agreement to restructure Cell C’s debt. The...

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