Vodacom taking control of R172.7-billion company
Vodacom Group has announced the completion of an acquisition of an additional 20% effective stake in Safaricom PLC, Kenya's biggest company by market capitalisation, valued at R172.7 billion.
The acquisition grants Vodacom Group an effective 55%...
Vodacom Tanzania rolls out PayPal support for M-Pesa customers
Vodacom Tanzania announced a new partnership that will see its M-Pesa customers be able to transfer money between the payment platform and the platform of international payment giant PayPal.
Through M-Pesa’s direct integration with...
Kenyan High Court blocks Vodacom's Safaricom deal pending later hearing
The Kenyan High Court has suspended the Kenyan government's planned sale of a 15% stake in Safaricom to Vodacom Group amid concerns about constitutionality and data sovereignty.
A three-judge bench ruled that the R31.47...
Vodacom's biggest achievements in 2025
Vodacom's major milestones in 2025 included closing a major fibre deal, becoming the country's first company to operationalise virtual electricity wheeling, and signing a partnership with Starlink.
Vodacom spokesperson Byron Kennedy said the network's...
Vodacom acquiring control of Safaricom
Safaricom said late Wednesday that Kenya is selling a 15% stake in the telecom operator to South Africa's Vodacom in a deal worth about $1.6 billion (R27.29 billion), as the government seeks to raise cash by offloading some state assets.
Facing high...
Vodacom-Neotel deal crucial to meet SA’s broadband targets: Vodacom CEO
Vodacom CEO Shameel Joosub argues that consolidation is crucial if South Africa is to meet broadband targets