Vodacom Group has agreed to a secondary listing on the A2X stock exchange.
Browsing: Raisibe Morathi
Vodacom Group’s half-year headline earnings fell 9.5% due to start-up losses in Ethiopia and higher finance costs.
Vodacom Group is mulling a bond issue and will pay a smaller proportion of its earnings in dividends as it looks to finance new growth plans.
Vodacom Group has awarded its CEO, Shameel Joosub, more than R44-million worth of share options, which will vest in three years provided they are not forfeited and performance conditions are met.
Shameel Joosub earned R55-million before tax in the 2021 financial year, a 26% increase on the previous year’s R43.4-million, according to a regulatory filing.
Vodacom Group has a new chief financial officer. Raisibe Morathi will take on the role from 1 November, when she will also be appointed to the board as an executive director.