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29

BLUE LABEL INTEGRATED ANNUAL REPORT 2015

CONVERSATION WITH JOINT CHIEF EXECUTIVE OFFICERS

CONTINUED

Acquisitive and organic growth enables us to

consolidate and optimise various technology

landscapes, as well as share technology skills,

know-how and resources, locally and across our

international operations.

We have embarked on implementing a Group-wide

Information Security Management System in order

to enhance current governance, compliance and

security processes. This also takes cognisance of

relevant changes in legislation, such as POPI

and CPA.

ENTREPRENEURS IN THE CORPORATE

ENVIRONMENT

As entrepreneurs operating in a mainstream

business environment, we continue striving to retain

and instil our “can-do” ethos and creative culture

across the Group:

our achievements in building the Group are

unique,

the Blue Label Values (see page 3) were selected

and ranked by the staff. We celebrate

achievements by embodying our values in a

charter that ensures their longevity in our

working culture, and

when launching new products and services, we

consider the needs of the consumer and then

take a 5-P approach: preparation, product and

packaging, pricing, public relations & promotion,

and position in market.

We believe that entrepreneurs and entrepreneurial

spirit are ageless, timeless and tenacious.

Brett Levy

Mark Levy

Joint Chief Executive Officers

23 October 2015

potential. We have a long runway ahead as

awareness campaigning continues, while meters and

technology at municipalities are upgraded. It is clear

that our proprietary technology is a differentiator in

this market.

RETAIL STRATEGY IS UNFOLDING

The Group continues to capitalise on its existing

base by identifying opportunities to further the

footprint in the formal retail sector in South Africa.

In 2014 the acquisition of RMCS afforded us access

to new distribution channels for the sale of both

RMCS and the Group’s ranges of products and

services, principally to the Edcon Group.

This year, in a strategic partnership with the Edcon

Group, we established the Edgars Connect

stand-alone stores. Edgars Connect retails cellular

products and services, hardware and accessories and

any products requiring a SIM connection. Its focus is

towards serving the “Internet of Things”.

STRENGTHENING OUR FOCUS ON

MARKETING

We are evolving our marketing approach to ensure

that we deliver technology, products and services

which are required by our merchants and

consumers. Extensive research and perception

studies assist us in identifying new opportunities in

order to entrench our distribution footprint in formal

retail, independent, petroleum forecourts, corporate

or low-cost device channels. These results enable us

to develop tailored service offerings to merchants

and consumers, leveraging our unique strengths to

do so.

TECHNOLOGY IS THE CORNERSTONE

OF THE BUSINESS

We have established that successful product

launches are underpinned by strong distribution

capabilities, especially ones that can cater for

ever-changing levels of sophistication in modern

products and services. We continue investing in

technology to ensure our distribution platforms

perform optimally across the Group.