Blu Label, controlled by South Africa's Levy brothers, swings to a $306 million loss
Billionaires Africa | 27.08.2026 02:52
Blu Label Unlimited, the distribution group Brett and Mark Levy started by selling car radios from the boot of their car in 2001, reported a full-year loss of 4.9 billion rand, about $306 million, after marking down its Cell C shareholding to what the market says the mobile operator is worth.
