Vodacom Group shares fell the most in more than a month after Africa’s biggest wireless operator by market value reduced its first-half dividend amid weaker economic conditions in some of its key markets. The stock slumped as
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MTN is seeking to challenge rival Vodacom as Africa’s biggest digital bank by tripling its customer numbers within three years. Already the continent’s biggest mobile phone company by subscribers, Johannesburg-based MTN is adding
The Competition Commission said on Wednesday that it has initiated an investigation against Vodacom for “abuse of dominance” after the company was given an exclusive contract with national treasury to be the sole provider of
Under pressure from consumers, lobby groups and politicians, Vodacom has finally moved to begin addressing high out-of-bundle data charges, announcing on Tuesday that it will reduce the rates by as much as 50%. Vodacom
After reports emerged in recent days that Vodacom Business chief officer Vuyani Jarana may not yet have signed an employment contract to take over as CEO of South African Airways, the mobile operator has made
Vodacom has concluded the initial public offering of its Tanzanian subsidiary on the Dar es Salaam Stock Exchange in Tanzania, trading at a 6% premium to the offer price. The South African-headquartered mobile telecommunications
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Despite weak economic conditions, Vodacom has delivered an impressive financial performance in the first quarter of its 2018 financial year, with the good numbers underpinned by robust demand for data services
Vodacom Group sees the expansion of mobile banking services into new markets in sub-Saharan Africa as a top priority following a shareholder vote to rubber stamp its purchase of a 35% stake in Safaricom, Kenya’s biggest company
Acquisition opportunities are opening in Africa for Vodacom Group as telecommunications assets become more affordable, the JSE-listed group’s CEO, Shameel…