Here is who really owns Vodacom
Vodacom is one of South Africa’s most successful companies, with 45 million subscribers in South Africa and 42 million in the rest of Africa.
Over the last twelve months, Vodacom generated revenue of R103 billion and a net profit of R18 billion.
Vodacom cuts dividend payouts and considers bond issue
Vodacom Group Ltd. is mulling a bond issue and will pay a smaller proportion of its earnings in dividends as South Africa’s market-leading wireless carrier looks to finance new growth plans.
Funds are needed to complete the acquisition of...