Vodacom has reported a 19.4% decline in half-year earnings, hurt by start-up costs in Ethiopia and forex losses.
Browsing: Safaricom
Safaricom wants regulators to consider requiring satellite internet providers to partner with local mobile network operators.
Vodacom Group now processes more than $400-billion in transaction value annually through its mobile wallet offerings.
Vodacom Group’s load shedding woes are extending to other operating markets in Africa and threatening to inflate its costs.
East Africa’s biggest company sees no compelling case for splitting its mobile money service M-Pesa into a separate unit.
Vodacom affiliate Safaricom reported lower than expected annual profit amid high start-up costs in Ethiopia.
MTN Group increased its fintech transaction volumes by a third in its latest financial year.
Vodacom Group, including Safaricom, has topped 200 million customers for the first time – doubling from 100 million in 2018.
Foreign investor interest in Ethiopia’s telecommunications sector is cooling, sector experts have said.
Promoted | The importance of 5G to Africa’s business success was underlined last week at the 2023 Africa 5G summit.