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Glossary

ACRONYM
DEFINITION
2026
Financial year 2026
2025
Financial year 2025
AGM
Annual General Meeting
AI
Artificial intelligence
ALTBUREAU
Alternative Bureau for data services
API
Application Programming Interface
ARCC
Audit Risk and Compliance Committee
BA
Bachelor of Arts
B-BBEE
Broad-based black economic empowerment
BCOMPT
Bachelor of Accounting Science
BCM
Business continuity management
BCP
Business continuity plan
BLC
Blu Label Connect Proprietary Limited
BLD
Blu Label Distribution Proprietary Limited
BLDS
Blue Label Data Solutions Proprietary Limited
BLU
Blu Label Unlimited Group Limited
BLUVOUCHER
Digital voucher system of Blu Label
BLUADVANCE
Advanced prepaid electricity solution
BLUNOVA
Data and decision science platform of Blu Label
BMF
Black Management Forum
BPROC
Baccalaureus Procurationis
CANSA
The Cancer Association of South Africa
CA (SA)
Chartered Accountant
CEC
Comm Equipment Company Proprietary Limited
CELL C
Cell C Limited and Cell C Holdings Limited
CEO
Chief Executive Officer
CIC
Customer Interaction Centre
CSAT
Customer satisfaction score
CSDP
Central securities depository participant
CSDP
Central securities depository participant
CSI
Corporate Social Investment
CSP
Conditional share plan
DE
Data engineering
DR
Disaster recovery
DRM
Disaster recovery management plan
DRP
Disaster recovery plan
EAP
Employee Assistance Programme
EBITDA
Earnings before interest, taxes, depreciation and amortisation
EE
Employment equity
EME
Exempted Micro Enterprises
EPS
Earnings per share
ERM
Enterprise-wide Risk Management
ERP
Enterprise resource planning
ESG
Environmental, social and governance
EVP
Employee value proposition
E-WASTE
Electronic waste
EXCO
Executive Committee
FAR
Fixed annual remuneration
FCR
First contact resolution
FD
Financial Director
FTE
Full Time Equivalent
GenAI
Generative artificial intelligence
HC
Human Capital
HEPS
Headline earnings per share
HR
Human Resources
ICASA
Independent Communications Authority of South Africa
ICT
Information and Communication Technology
IFRS
International Financial Reporting Standards
ILO
International Labour Organization
IoDSA
The Institute of Directors of South Africa
IOT
Internet of Things
IR
Information Regulator
<IR> FRAMEWORK
The International Integrated Reporting Framework
IRCC
Internal Risk and Compliance Committee
ISMS
Information Management Security System
ISO
International Organization for Standardization
IT
Information technology
IVR
Interactive Voice Response
JSE
Johannesburg Stock Exchange
KING V
The King VTM Code on Corporate Governance for South Africa 2025
KPI
Key performance indicator
LLB
Bachelor of Laws
LLM
Master of Laws
LTI
Long-term incentive
LTIP
Long-term incentive plan
MBA
Master of Business Administration
ML
Machine learning
MNO
Mobile network operator
MOI
Memorandum of incorporation
MSR
Minimum shareholding requirement
MVNO
Mobile virtual network operator
NED
Independent non-executive director
NERSA
The National Energy Regulator of South Africa
NIST
National Institute of Standards and Technology
NOMCO
Nomination Committee
NPAT
Net profit after tax
PAIA
Promotion of Access to Information Act
PIA
POPIA impact assessment
PIN
Personal identification number
POPIA
Protection of Personal Information Act
POS
Point of sale
REMCO
Remuneration Committee
RITE
Reach, Innovate, Trust, Efficiency
RNC
Remuneration and Nomination Committee
ROCE
Return on capital employed
ROPA
Record of Processing Activities
SaaS
Software as a service application
SADC
Southern African Development Community
SAICA
The South African Institute of Chartered Accountants
SARA
South African Reward Association
SDG
Sustainable development goals
SED
Socio-economic development
SETC
Social, Ethics and Transformation Committee
SIM
Subscriber Identity Module
SLA
Service-level agreement
SME
Small and medium-sized enterprises
SMME
Small, medium and micro-enterprises
SNGGT
SizweNtsalubaGobodo Grant Thornton Inc.
SOC
Security Operations Centre
SOE
State-owned entity
STI
Short-term incentive
STIP
Short-term incentive plan
T3TSA
T3 Telecoms SA Proprietary Limited
TICKETPRO
TicketPro Proprietary Limited
TJ
Transaction Junction Proprietary Limited
TPC
The Prepaid Company Proprietary Limited
TSR
Total Shareholder Return
U-BELONG
U-Belong project
UCT
University of Cape Town
UNISA
University of South Africa
VCC
Venture Capital Company
VOC
Volatile organic compounds
WACC
Weighted average cost of capital
Wits
University of Witwatersrand
YES
Youth Employment Service