Former Vodacom Group executive Romeo Kumalo has started a tech-focused South African investment firm and aims to raise as much as R2.9-billion in an initial public offering next year, sources say.
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Former top Vodacom executive Romeo Kumalo plans to launch a mobile virtual network operator in South Africa. The former CEO of Vodacom’s international operations is, however, tight-lipped about what the MVNO will
The courts are the last place South Africans should be negotiating the future of the information and communications technology sector, yet that is exactly what is happening, a prominent businessman
Big-picture thinking is required to ensure a fair and equitable outcome in the allocation of the available spectrum slated for 4G roll-outs in South Africa. A great deal has been written, and said, about keeping the country’s best
A planned sale of shares in Vodacom by the Public Investment Corp to black investors has been abandoned, according to two people familiar with the situation. The proposed sale by Africa’s biggest
On the back of a solid financial performance in the year ended 31 March 2016, Vodacom Group CEO Shameel Joosub took home R21,8m in pay, R14m of which was made up of a short-term incentive bonus. That’s double the
Romeo Kumalo, the former head of Vodacom’s international operations, is part of a black economic empowerment group bidding to acquire a stake in the mobile operator from the Public Investment
Vodacom’s top executives have taken an effective pay cut in the 2015 financial year thanks to reductions in short-term incentives, the telecommunications group’s annual report, published at the weekend, shows. In the year ended 31
Vodacom has lost one of its top executives. Bloomberg is reporting that Romeo Kumalo, the chief operating officer of the mobile operator’s international operators has resigned, apparently to join his family business. Kumalo has been with Vodacom since 2004
Vodacom has confirmed it plans to announce executive changes next month. However the mobile operator says the changes will in no way affect jobs. The group, majority-owned by the UK’s Vodafone, is in