NOTES TO THE GROUP ANNUAL FINANCIAL STATEMENTS l NOTE 34         Country   Number of issued ordinary shares Percentage held   34. Interest in subsidiairies, associates and joint ventures                 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 Incorporated     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     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.         Country   Number of issued ordinary shares Percentage held     2012                 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     Airtime Xpress Proprietary Limited     RSA   200 100     Blue Label Distribution Proprietary Limited     RSA   100 100     Blue Label One Proprietary Limited     RSA   300 100     Blue Label Investments Proprietary Limited     RSA   1 200 000 100     BLT USA Incorporated     USA   100 100     Budding Trade 1170 Proprietary Limited     RSA   100 100     Celebia Holdings Limited     Cyprus   100 100     Cellfind Proprietary Limited     RSA   1 000 100     Content Connect Africa Proprietary Limited     RSA   100 100     Datacel Direct Proprietary Limited     RSA   100 100     Kwikpay SA Proprietary Limited     RSA   100 100     Matragon Proprietary Limited     RSA   100 100     The Prepaid Company Proprietary Limited     RSA   10 000 100     The Post Paid Company Proprietary Limited     RSA   200 75     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     Subsidiaries of The Prepaid Company Proprietary Limited                 Little River Trading 181 Proprietary Limited trading as Crown Cellular     RSA   100 100     Multiserv Proprietary Limited     RSA   1 000 100     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     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     Associate 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   2 200 40**     Joint venture of The Prepaid Company Proprietary Limited                 Bela Phone Company Proprietary Limited     RSA   100 51**     Joint venture of Datacel Direct Proprietary Limited                 Datacision Proprietary Limited     RSA   100 50**     Joint ventures of Blue Label Data Solutions Proprietary Limited                 E-mail Marketing Solutions Proprietary Limited     RSA   100 40.5**     Betterquote Proprietary Limited     RSA   104 21.06**     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 34