Browsing: Shameel Joosub

SA’s big operators feel the pinch

South Africa’s big telecommunications operators are feeling the pinch of the tough economy, but financial results published in the past 10 days show Vodacom is weathering the storm better than its rival Telkom

Vodacom shares fall after earnings disappoint

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

Vodacom faces probe into ‘abuse of dominance’

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

It’s official: Jarana quits Vodacom for SAA

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 lists in Tanzania

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

Vodacom thumbs its nose at weak SA economy

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 to extend mobile money to new markets

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

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