TechCentralTechCentral
    Facebook Twitter YouTube LinkedIn
    Facebook Twitter LinkedIn YouTube
    TechCentral TechCentral
    NEWSLETTER
    • News

      Saboteurs threaten South Africa’s power supply

      20 May 2022

      Prosus to sell Russia’s Avito

      20 May 2022

      Curro pilots artificial intelligence for learning in its schools

      20 May 2022

      Dark weekend lies ahead thanks to you know who

      20 May 2022

      CSIR develops app to help kids learn to read

      20 May 2022
    • World

      Chip giant ASML places big bets on a tiny future

      20 May 2022

      Musk moves to soothe investor fears over Tesla

      20 May 2022

      Apple is almost ready to show off its mixed-reality headset

      20 May 2022

      TikTok plans big push into gaming

      19 May 2022

      Musk says he will vote Republican, calls ESG a ‘scam’

      19 May 2022
    • In-depth

      Elon Musk is becoming like Henry Ford – and that’s not a good thing

      17 May 2022

      Stablecoins wend wobbly way into the unknown

      17 May 2022

      The standard model of particle physics may be broken

      11 May 2022

      Meet Jared Birchall, Elon Musk’s personal ‘fixer’

      6 May 2022

      Twitter takeover was brash and fast, with Musk calling the shots

      26 April 2022
    • Podcasts

      Dean Broadley on why product design at Yoco is an evolving art

      18 May 2022

      Everything PC S01E02 – ‘AMD: Ryzen from the dead – part 2’

      17 May 2022

      Everything PC S01E01 – ‘AMD: Ryzen from the dead – part 1’

      10 May 2022

      Llew Claasen on how exchange controls are harming SA tech start-ups

      2 May 2022

      The inside scoop on OVEX’s big expansion plans

      20 April 2022
    • Opinion

      A proposed solution to crypto’s stablecoin problem

      19 May 2022

      From spectrum to roads, why fixing SA’s problems is an uphill battle

      19 April 2022

      How AI is being deployed in the fight against cybercriminals

      8 April 2022

      Cash is still king … but not for much longer

      31 March 2022

      Icasa on the role of TV white spaces and dynamic spectrum access

      31 March 2022
    • Company Hubs
      • 1-grid
      • Altron Document Solutions
      • Amplitude
      • Atvance Intellect
      • Axiz
      • BOATech
      • CallMiner
      • Digital Generation
      • E4
      • ESET
      • Euphoria Telecom
      • IBM
      • Kyocera Document Solutions
      • Microsoft
      • Nutanix
      • One Trust
      • Pinnacle
      • Skybox Security
      • SkyWire
      • Tarsus on Demand
      • Videri Digital
      • Zendesk
    • Sections
      • Banking
      • Broadcasting and Media
      • Cloud computing
      • Consumer electronics
      • Cryptocurrencies
      • Education and skills
      • Energy
      • Fintech
      • Information security
      • Internet and connectivity
      • Internet of Things
      • Investment
      • IT services
      • Motoring and transport
      • Public sector
      • Science
      • Social media
      • Talent and leadership
      • Telecoms
    • Advertise
    TechCentralTechCentral
    Home»News»Vodacom said to win R5bn gov’t deal

    Vodacom said to win R5bn gov’t deal

    News By Loni Prinsloo14 September 2016
    Facebook Twitter LinkedIn WhatsApp Telegram Email

    vodacom-640

    Vodacom has won an estimated R5bn contract with the South African government as the national treasury seeks to cut costs, according to three people familiar with the matter.

    The tender is to supply as many as 1,3m government employees for four years starting on 15 September, said the people, who asked not to be identified as details of the deal haven’t yet been made public.

    If 400 000 government employees take up the service, the contract will be worth as much as R5bn over the duration of the deal, one of the people said.

    “Vodacom is honoured by the national treasury’s decision to appoint us as a partner to government to deliver on the all-important task of enabling government to connect and communicate efficiently,” CEO Shameel Joosub said in e-mailed comments on Wednesday, without providing detail of the contract.

    “Our substantial investment in infrastructure and innovative capability will now be at the disposal of the state.”

    The decision is intended to save the national treasury money and have a reliable telecommunications supplier, according to one of the people. Finance minister Pravin Gordhan said in his budget speech in February that the reduction of government costs is a priority. The state could save R25bn/year through “belt tightening”, he said, including R500m from changing cellphone policies.

    For Vodacom, the deal will help increase its number of customers who pay for voice and data on a monthly basis, rather than on so-called pay-as-you go deals. The Johannesburg-based company had 35,1m South Africa subscribers at the end of June, of which 30,1m were lower spending, pre-paying customers.

    Vodacom is 65% owned by Newbury, England-based Vodafone Group. The shares gained 1,2% by the close in Johannesburg on Wednesday, valuing the wireless carrier at R232bn.  — (c) 2016 Bloomberg LP

    Shameel Joosub Vodacom
    Share. Facebook Twitter LinkedIn WhatsApp Telegram Email
    Previous ArticleThousands fall prey to Pokémon malware
    Next Article Madonsela to present Gupta report

    Related Posts

    Saboteurs threaten South Africa’s power supply

    20 May 2022

    Prosus to sell Russia’s Avito

    20 May 2022

    Curro pilots artificial intelligence for learning in its schools

    20 May 2022
    Add A Comment

    Comments are closed.

    Promoted

    Fast-rising fintech Bankingly closes $11m investment round

    20 May 2022

    Creating an effective employer value proposition for the new era of work

    20 May 2022

    Why fibre is the new utility – and what it means for South Africa

    19 May 2022
    Opinion

    A proposed solution to crypto’s stablecoin problem

    19 May 2022

    From spectrum to roads, why fixing SA’s problems is an uphill battle

    19 April 2022

    How AI is being deployed in the fight against cybercriminals

    8 April 2022

    Subscribe to Updates

    Get the best South African technology news and analysis delivered to your e-mail inbox every morning.

    © 2009 - 2022 NewsCentral Media

    Type above and press Enter to search. Press Esc to cancel.