mark levy

  1. Luis

    BluEnergy is aiming to fix one of South Africa's biggest electricity problems

    BluEnergy is aiming to fix one of South Africa's biggest electricity problems Blu Label Unlimited (Blu) said its BluEnergy business could help municipalities guarantee electricity revenue collections as Eskom’s municipal debt crisis puts towns and cities under growing pressure. Co-CEO Mark...
  2. Hanno Labuschagne

    New Blu Voucher features credit card-like rewards for cash users in South Africa

    New Blu Voucher features credit card-like rewards for cash users in South Africa Blu Label Unlimited (Blu) will soon launch the Blu Voucher, a product that lets customers purchase a single voucher to spend across multiple locations while earning rewards. In an interview with What’s Next with...
  3. Hanno Labuschagne

    Levy brothers explain what they think went wrong at Cell C

    Levy brothers explain what they think went wrong at Cell C Blu Label co-CEOs Brett and Mark Levy believe the wrong leadership at Cell C was the fundamental reason the company ended up becoming an albatross around its biggest shareholder's neck. In a recent What's Next with Aki Anastasiou...
  4. Hanno Labuschagne

    Blue Label betting on "buy now, pay later" electricity

    Blue Label betting on "buy now, pay later" electricity South African technology and telecoms company Blue Label is expecting double-digit sales growth for its "buy now pay later" prepaid electricity product. The company's joint CEO, Mark Levy, told the Business Times that the BluAdvance...
  5. Jan

    Blue Label's big Cell C bet that destroyed R16 billion in shareholder value

    Blue Label bet big on Cell C — and lost big Blue Label Telecoms’ decision to buy Cell C has destroyed billions in shareholder value, but it has not deterred the company from pumping more money into the mobile operator. Blue Label’s journey with Cell C started in August 2017 when its...
  6. Jan

    South Africa's best-paid telecoms CEO

    Best paid telecoms CEO in South Africa The best-paid telecoms CEO in South Africa is MTN Group's Ralph Mupita, who received a salary package of R84.2 million rand over the 2020/21 financial year (FY). Mupita's pay for the year was almost R17 million more than the next-highest paid telecom CEO...
  7. Jan

    Suveer Ramdhani's journey from Seacom to BluNOVA - and his tech choices

    Suveer Ramdhani — From building Seacom to creating a new AI engine Former Seacom executive Suveer Ramdhani is one of South Africa's unsung heroes who played a pivotal role in making uncapped broadband possible. Ramdhani's professional journey started at Eskom as a project manager after...
  8. Jan

    Blue Label's long road to earn back investor trust after Cell C fiasco

    Blue Label's long road back after R16 billion value destruction Poor management decisions, fraud by senior executives, and Cell C’s delayed recapitalisation have destroyed R16 billion in shareholder value and caused the market to lose trust in co-CEOs Brett and Mark Levy. Blue Label’s results...
  9. Jan

    Blue Label Telecoms cagey about fraud uncovered at subsidiary

    Secrecy around fraud at Blue Label Telecoms There is a veil of secrecy around a multi-million-rand fraud scheme that was uncovered at Blue Label Telecoms. The company alerted shareholders in its latest financial results announcement about a fraudulent scheme that had operated at a subsidiary...
  10. rpm

    Mark Levy

    Mark Levy graduated with a BCompt degree from UNISA in 1993. After initially taking up a position as a commodity trader, Mark decided to pursue his goal of becoming an entrepreneur in earnest and has spent the past several years spearheading Blue Label Telecoms’ impressive growth and...
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