Browsing: Vuyani Jarana

How much Vodacom bosses are paid

Vodacom CEO Shameel Joosub took home a total of R21,4m in the 2017 financial year, the group revealed in its annual report, published on Thursday. That’s a small decline on the R21,8m he was paid in 2016. Joosub’s 2017 package

SA operators to launch IoT networks

Vodacom and MTN on Tuesday separately announced plans to deploy narrowband “Internet of things” networks in South Africa in 2017, with both companies planning to showcase the technology at an industry conference in Cape Town next

Vodacom in R1bn railways fibre deal

A week after securing a deal with national treasury worth up to R5bn, telecommunications group Vodacom has announced it has won a 15-year contract with the Passenger Rail Agency of South Africa worth an estimated

Vodacom awards CEO R18m in shares

Vodacom has dished out R18m worth of shares to its CEO as part of its forfeitable share plan. In a notice to shareholders on Thursday, the company announced that it had awarded 108 099 Vodacom shares, at a price each

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

Duncan McLeod
SA telcos betting big on broadband

The South African economy may be teetering on the brink of a recession, but that isn’t keeping the country’s telecommunications operators from ramping up their capital spending. Telkom, Vodacom, MTN and Cell C, along with a host of smaller players, are all gearing up to make

Vodacom sets out aggressive FTTH plans

Vodacom is in the fibre-to-the-home (FTTH) broadband race against equally well-funded rivals to win it, not to come second, chief officer Vuyani Jarana said on Wednesday. Jarana, who heads Vodacom Business

Vodacom remains hopeful on Neotel deal

Vodacom its still confident that its R7bn acquisition of Neotel will go ahead, despite a protracted investigation by the Competition Tribunal and allegations of impropriety by Neotel executives over

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

Vodacom talks up fibre, reveals pricing

Vodacom has announced plans to launch fibre-to-the-business (FTTB) services in South Africa, starting with selected business parks in Gauteng, Cape Town and Durban, which will get access to broadband speeds of up to 100Mbit/s