NOTES TO THE GROUP ANNUAL FINANCIAL STATEMENTS l NOTE 33       Country   Number of issued ordinary shares   Percentage held   33. INTEREST IN SUBSIDIARIES, ASSOCIATES AND JOINT VENTURES                 2014                 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   420   90     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     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   100     Simigenix Proprietary Limited   RSA   120   100     The Prepaid Company Proprietary Limited   RSA   10 000   100     The Post Paid Company Proprietary Limited   RSA   200   100     TicketPros Proprietary Limited   RSA   250   100     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     Indirectly held:                 Subsidiary of Blue Label Investments Proprietary Limited                 Gold Label Investments Proprietary Limited   RSA   1 000   100     Subsidiary of The Prepaid Company Proprietary Limited                 Retail Mobile Credit Specialists Proprietary Limited   RSA   42 431   100     Subsidiary of Ventury Group Proprietary Limited                 Cigicell Proprietary Limited (refer to note 5 included in Group statement of changes in equity)   RSA   100   100     Subsidiary of Africa Prepaid Services Proprietary Limited                 Africa Prepaid Services Nigeria Limited   Nigeria   10 000 000   51     Subsidiaries of Datacel Direct Proprietary Limited                 Blue Label Call Centre Proprietary Limited   RSA   300   100     CNS Call Centre Proprietary Limited   RSA   1 000   100     Velociti Proprietary Limited   RSA   1 000   100     Blue Label Data Solutions Proprietary Limited   RSA   100   81     Subsidiary of 2DFine Holdings Mauritius                 2DFine Investments Mauritius   Mauritius   1   100     Subsidiaries of Blue Label Mexico S.A. de C.V.                 SGC Servicios Y Gestion Corporation S.A. de C.V.   Mexico   500   99.8     Connecta Systems LLC   USA   1 000   100     Pagacel S.A. de C.V.   Mexico   500   99.8     Transipago S.A. de C.V.   Mexico   500   99.8     Indirectly held:                 Associates of Gold Label Investments Proprietary Limited                 Smart Voucher Limited trading as UKash   United Kingdom   57 375 861   17.25 *   Oxigen Services India Private Limited   India   14 244 294   37.22     Associates of Datacel Direct Proprietary Limited                 Dual Data Proprietary Limited   RSA   100   50 *   Associates of Blue Label Data Solutions Proprietary Limited                 Forensic Intelligence Data Solutions Proprietary Limited   RSA   100   25     Joint ventures                 Joint venture of Blue Label Telecoms Limited                 Blue Label Mexico S.A. de C.V.   Mexico   9 200   45.57 **   Joint venture of Datacel Direct Proprietary Limited                 Datacision Proprietary Limited   RSA   100   50 **   Joint venture of Gold Label Investments Proprietary Limited                 2DFine Holdings Mauritius   Mauritius   2   50 **   Joint venture of 2DFine Investments Mauritius                 Oxigen Services India Private Limited   India   14 244 294   37.22 **   * Significant influence is demonstrated by the Company as a result of representation on the board of directors.   ** Joint control is demonstrated by the composition of and decision-making powers afforded to the board of directors.       Country   Number of issued ordinary shares   Percentage held     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     Indirectly held:                 Subsidiary of Blue Label Investments Proprietary Limited                 Gold Label Investments Proprietary Limited   RSA   1 000   100     Subsidiary of The Prepaid Company Proprietary Limited                 Little River Trading 181 Proprietary Limited trading as Crown Cellular   RSA   100   100     Subsidiary of Ventury Group Proprietary Limited                 Cigicell Proprietary Limited (refer to note 4 included in Group statement of changes in equity)   RSA   100   100     Subsidiary of Africa Prepaid Services Proprietary Limited                 Africa Prepaid Services Nigeria Limited   Nigeria   10 000 000   51     Subsidiaries of Datacel Direct Proprietary Limited                 Blue Label Call Centre Proprietary Limited   RSA   300   100     CNS Call Centre Proprietary Limited   RSA   1 000   100     Velociti Proprietary Limited   RSA   1 000   100     Blue Label Data Solutions Proprietary Limited   RSA   100   81     Subsidiary of 2DFine Holdings Mauritius                 2DFine Investments Mauritius   Mauritius   1   100     Subsidiaries of Blue Label Mexico S.A. de C.V.                 SGC Servicios Y Gestion Corporation S.A. de C.V.   Mexico   500   99.8     Connecta Systems LLC   USA   1 000   100     Pagacel S.A. de C.V.   Mexico   500   99.8     Transipago S.A. de C.V.   Mexico   500   99.8     Associates                 Indirectly held:                 Associates of Gold Label Investments Proprietary Limited                 Smart Voucher Limited trading as UKash   United Kingdom   57 375 861   17.25 *   Oxigen Services India Private Limited   India   14 244 294   37.22     Associates of Datacel Direct Proprietary Limited                 Dual Data Proprietary Limited   RSA   100   50 *   Joint ventures                 Joint venture of Blue Label Telecoms Limited                 Blue Label Mexico S.A. de C.V.   Mexico   4 500   45 **   Joint venture of Datacel Direct Proprietary Limited                 Datacision Proprietary Limited   RSA   100   50 **   Joint venture of Gold Label Investments Proprietary Limited                 2DFine Holdings Mauritius   Mauritius   2   50 **   Joint venture of 2DFine Investments Mauritius                 Oxigen Services India Private Limited   India   14 244 294   37.22 **   * Significant influence is demonstrated by the Company as a result of representation on the board of directors.   ** Joint control is demonstrated by the composition of and decision-making powers afforded to the board of directors. NOTES TO THE GROUP ANNUAL FINANCIAL STATEMENTS l NOTE 33