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BLUE LABEL INTEGRATED ANNUAL REPORT 2016
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Glossary
Word
Definition
1D
One dimensional space
2D
Two dimensional space
3D
Three dimensional space
Act/the Act/
Companies Act
Companies Act, No 71 of 2008, as
amended from time to time
ADRs
American Depository Receipts
AEON
Blue Label’s proprietary switch
through which all transactional
capability is accessed. Banking grade
transactions are switched through the
Postilion platform
AEON EVD
The Aeon Electronic Voucher
Distribution platform is a central
repository in which electronic (or
virtual) stock is housed. It is
referenced by other internal platforms
like EVMS, AMS and AEON
AMS
Airtime management system
APS
Africa Prepaid Services
APSN
Africa Prepaid Services Nigeria
ARCC
Audit, Risk and Compliance
Committee
ARPU
Average revenue per user
B2B
Business-to-business, a commercial
transaction between businesses
B2C
Business-to-consumer, a commercial
transaction between a business and a
consumer
badly banked
See underbanked
B-BBEE
Broad-based black economic
empowerment
BGCSA
Boys & Girls Club of South Africa
BLD
Blue Label Distribution Proprietary
Limited
BLDS
Blue Label Data Solutions Proprietary
Limited
BLM
Blue Label Mexico S.A. de C.V.
BLT
Blue Label Telecoms Limited
Blue Label/Blue
Label Telecoms
Blue Label Telecoms Limited
bulk printing
Ability to print bulk vouchers
CEO
Chief Executive Officer
CFD
Contract for difference
CIO
Chief Information Officer
CIPC
Companies and Intellectual Property
Commission
Company
Blue Label Telecoms Limited
content
aggregator
An organisation which gathers web
content and applications from
different online sources for reuse and
resale
CPA
Consumer Protection Act
CRC
Customer relation consultant
CRM
Customer relationship management
Word
Definition
CSDP
Central Securities Depository
Participant
CSI
Corporate social investment
CSR
Corporate social responsibility
developing
economies
A term generally used to describe a
nation with a low level of material
wellbeing (not to be confused with
third-world countries). Since no single
definition of the term “developed
country” is recognised internationally,
the levels of development may vary
widely within so called developing
countries, with some developing
countries having high average
standards of living
DIFR
Disabling injury frequency rate
disintermediation
Reduction in the use of intermediaries
between network operators and
consumers
distribution
channels
For Blue Label, our distribution
channels include retail and wholesale
outlets, petroleum forecourts,
informal retail outlets, individual
merchants/entrepreneurs, corporates
and independents (Mom & Pop
stores)
DTH (TV)
Direct-to-home television, a method
of receiving satellite television services
dti
Department of Trade and Industry
EBITDA
Earnings before interest, taxes,
depreciation and amortisation
EEC
Employment Equity Committee,
which reports to the Social, Ethics
and Transformation Committee
EFT
Electronic funds transfer
EMV compliant
The global standard for inter-
operability of chip cards, POS
terminals and automatic teller
machines, in accepting Eurocard,
Mastercard and Visa Card
emerging
economies
Nations with social or business activity
in the process of rapid growth and
industrialisation
e-tokens
Electronic tokens – a form of
electronic cash used for secure
transactions
EVMS
Electronic voucher management
system
Exco
Executive Committee
FAQ
Frequently asked question
FD
Financial Director
fintech
Financial technology, using software
to facilitate or make more efficient
emerging financial services
FMCG
Fast-moving consumer goods