BUSINESS MODEL
AND STRATEGIC
OBJECTIVES
LEADERSHIP
GOVERNANCE
OPERATING
PERFORMANCE
SHAREHOLDERS’
INFORMATION AND
ADMINISTRATION
FINANCIAL
PERFORMANCE
BLUE LABEL INTEGRATED ANNUAL REPORT 2014
219
NOTES TO THE GROUP ANNUAL FINANCIAL STATEMENTS
CONTINUED
For the year ended 31 May 2014
Country
Number of
issued
ordinary
shares
Percentage
held
33.
INTEREST IN SUBSIDIARIES, ASSOCIATES AND
JOINT VENTURES (continued)
2013
Subsidiaries
Directly held:
Subsidiaries of Blue Label Telecoms Limited
Activi Deployment Services Proprietary Limited
RSA
100
100
Activi Technology Services Proprietary Limited
RSA
300
100
Africa Prepaid Services Proprietary Limited
RSA
150
72
Africa Prepaid Services Nigeria Limited
Nigeria 10 000 000
24.01
Airtime Xpress Proprietary Limited
RSA
200
100
Blue Label Distribution Proprietary Limited
RSA
100
100
Blue Label Engage Proprietary Limited
RSA
1 000
50.1
Blue Label One Proprietary Limited
RSA
300
100
Blue Label Investments Proprietary Limited
RSA 1 200 000
100
BLT USA Inc.
USA
100
100
Budding Trade 1170 Proprietary Limited
RSA
100
100
Celebia Holdings Limited
Cyprus
100
100
Cellfind Proprietary Limited
RSA
1 000
100
Datacel Direct Proprietary Limited
RSA
100
100
Kwikpay SA Proprietary Limited
RSA
100
100
Matragon Proprietary Limited
RSA
100
100
Panacea Mobile Proprietary Limited
RSA
100
51
The Prepaid Company Proprietary Limited
RSA
10 000
100
The Post Paid Company Proprietary Limited
RSA
200
100
TicketPros Proprietary Limited
RSA
250
60
Transaction Junction Proprietary Limited
RSA
120
60
Uninex Proprietary Limited
RSA
100
100
Ventury Group Proprietary Limited
RSA
2 000
100
Virtual Voucher Proprietary Limited
RSA
200
100




