With voice revenue falling and customer growth stalled, Vodacom is struggling to cash in on surging data traffic.
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Vodacom and MTN groups’ fintech arms now process a combined value of over $1-trillion/year in transactions.
Egypt and Safaricom drove a 22.9% jump in headline earnings as the South African business posted only modest growth.
Vodacom shares rose more than 5% in early Tuesday trade on the JSE after group flagged a 20-25% jump in earnings.
Capitec Connect users now call each other for free. It’s the latest blow to a product category that once built empires.
Strong growth in Egypt and the DRC offset weak South African prepaid performance to lift Vodacom’s quarterly revenue.
Stable electricity supply and an enabling macroeconomic environment have laid the groundwork for the sector’s continued growth in 2026.
TechCentral’s South African Newsmakers of 2025 are people who shaped outcomes that reached beyond boardrooms.
Vodacom will take majority control of Safaricom in a R36-billion deal, boosting group revenue and deepening its African expansion.
Vodacom Group has announced what it has described as a “pivotal” agreement with Elon Musk’s Starlink.