Browsing: Romeo Kumalo

News
Romeo Kumalo behind ‘massive’ new MVNO

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

Opinion
Hybrid model best approach to spectrum

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

News
PIC ‘abandons’ Vodacom share sale

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

News
Vodacom CEO’s pay doubled to R22m

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

News
Vodacom bosses’ bonuses cut

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

News
Romeo Kumalo quits Vodacom

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

News
Shake-up won’t cost jobs, says Vodacom

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

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