First 25 000 links in Knott-Craig’s dream of connecting every African to the Internet, no matter how humble their station

Sometimes bad things happen to good people. It’s part of the growth process. Call it character building. But it’s not being knocked down that’s important. It’s how you come back. A year ago Alan Knott-Craig Jnr was flying high. Very publicly. His book, Mobinomics, offered a full frontal on his adventure at Mxit, a business … Read more

Blue Label shares take hit on results – sanity will prevail; it’s one of JSE’s most exciting prospects

I first met the brothers Levy of Blue Label Telecoms in late 2007. They floated their business during the JSE’s most recent new listings boom with backing from some of Johannesburg’s shrewdest financiers, including board chairman Larry Nestadt (whose shares at listing were worth R56m); the late Sidney Ellerine (R118m) and Neil Lazarus (52m). From … Read more

Is this a trend developing? ARB joins Special Dividend club, supports surging share price

Absa started the trend. But many of us thought that was an aberration driven by a needy parent. A logical conclusion, considering the controller Barclays Plc had simultaneously announced the third biggest rights issue in UK history. But when two smaller industrial companies announce special dividends on successive days, you have to start wondering whether a new … Read more