| After jumping 9% last Tuesday on speculation that Telkom was pursuing a takeover of Cell C, Blue Label Telecoms' shares fell over 17% at their worst on Friday when the rumour was confirmed - although they recovered most of their losses. Blue Label is a big investor in Cell C with a 45% stake. On Friday, it said it hadn't been formally apprised of any of the details regarding the Telkom proposal. According to TechCentral, the company met with Telkom at the JSE on Thursday. It seems the JSE was concerned that the market was already trading on the information, even though Telkom hadn't named its acquisition target in a cautionary earlier in the week. Meanwhile, Steinhoff continues to make progress in disposing of businesses in order to simplify its portfolio of retail assets and reduce its debt. And strikes have been averted in the volatile platinum sector after producers and unions reached a wage deal after four months of negotiations. Also in today's newsletter, positive earnings forecasts from Kaap Agri and Invicta. And while information security specialist ISA Holdings has reported a dip in first-half earnings, it remains positive about its prospects for growth. And following the announcement of a new CEO at BHP Group next year, Ingham Analytics has issued research looking at the changing of the guard at the world's biggest diversified resources group. Finally, if you want to own part of one of the most disruptive companies across the African continent, and benefit from its continued growth and success, keep on reading. Bridge Capital, a specialist advisor in the renewable energy sector, has partnered with Uprise.Africa to create an opportunity for every investor to invest in Sun Exchange. By utilising its technical capabilities, Bridge Capital makes sure that investors have the pick of the best energy projects. And by applying its financial advisory skills, its ensures the best funding mix for the projects, creating a unique advantage for investors and project developers. If as an investor you are interested in participating and investing in Sun Exchange, you can do so by creating an Uprise.Africa account right now and clicking the Invest button on the Sun Exchange investment. Follow this link for more on this opportunity. I hope you have a good week. Stephen Gunnion Managing Editor, InceConnect
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