The proposed separate listing of Cell C, South Africa’s fourth-largest mobile operator, on the JSE could mark a pivotal moment for the debt-laden company. Commenting on the development, Mergence CIO Peter Takaendesa said that a listing could benefit Blue Label if the market assigns an attractive valuation to Cell C shares although the telco itself was unlikely to benefit unless fresh capital were raised; additionally the listing was unlikely necessarily to improve Cell C’s competitiveness against Vodacom, MTN and Telkom – although a stronger balance sheet from the restructuring and continued growth in the mobile virtual network operator offering could help.

MTN Irans’s woes deepen with CEO ousted over shutdown delay
Commenting on Bloomberg on MTN’s operations in Iran, Peter Takaendesa, CIO of Mergence Investment Managers, highlights that MTN’s problems in




































