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's Shameel Joosub paid R61.8 million income tax last year
Vodacom Group CEO Shameel Joosub had an income tax bill of approximately R61.8 million for the 2026 fiscal year, up 75% from R35.3 million last year.
This is according to Vodacom’s integrated report for the year ended 31 March...
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...
Shameel Joosub's track record as Vodacom CEO
Vodacom CEO Shameel Joosub is one of South Africa's most successful business leaders, having significantly grown the telecoms giant since taking the reins.
Joosub has spent most of his professional career at Vodacom. He joined the mobile operator in...
Vodacom Group profit and customer base surge
South African telecom giant Vodacom Group announced its annual results for the year ended 31 March 2026, reporting a net profit of R26.7 billion amid a surge in customer numbers and fintech activity.
Net profit was up 34% year on year, with...
SIM registrations must be linked to Home Affairs data
Vodacom Group CEO Shameel Joosub has called for a "more sophisticated" SIM card registration system in South Africa, and Farhad Khan, former MTN Zambia CEO and independent consultant, agrees.
Speaking to 702, Kahn said the Regulation of...
Vodacom revenue jumps thanks to strong Egypt performance
Vodacom has released its latest quarterly performance update, revealing a 10.6% increase in year-on-year revenue for the three months ending 30 June 2025.
Vodacom Group revenue hit R40.03 billion during the quarter, up from R36.21...
Vodacom pumps R11.2 billion into its South African network
Vodacom has released its preliminary annual results for the financial year that ended on 31 March 2023, reporting modest revenue growth in South Africa and a decline in operating profit.
Across the group, Vodacom CEO Shameel Joosub...
Minister of Electricity meets with Vodacom and MTN
South Africa’s newly-minted Minister of Electricity, Kgosientsho Ramokgopa, met with mobile network operators on Thursday.
“This morning I met with mobile network operators to understand their energy needs, as it relates to the protections of...
Vodacom reports subscriber decline, revenue growth in South Africa
Vodacom South Africa reported higher quarterly revenues despite lower subscriber numbers for its third-quarter results on Tuesday.
Between December 2021 and 2022, revenue increased by 5% to R21.9 billion, while subscriber...
Vodacom ignored Shameel Joosub's advice — and is paying the price
Vodacom's product development team ignored their CEO Shameel Joosub's warning that providing an uncapped service on a 4G network does not make sense and is now paying the price.
Two years ago, Joosub warned that providing...
Vodacom's plan to buy all its power from independent producers
Vodacom says it has made significant progress on its project to buy all of its power from independent producers. However, it can only move further once it has finalised an agreement with Eskom.
In September 2022, the network...
Vodacom buys majority stake in Vodafone Egypt for R48 billion
The Vodacom Group has officially completed its purchase of a 55% stake in Vodafone Egypt in a deal valued at R48.1 billion, the company has announced.
The purchase was settled through the issuance of almost 242 million new Vodacom...
South Africa could face network blackouts thanks to Eskom power cuts
South Africa's biggest mobile operators — Vodacom and MTN — are fighting to keep their networks online during stage 5 and 6 load-shedding, with Vodacom saying some areas risk total coverage blackouts.
The companies are...
South Africa's best telecoms CEOs for shareholder returns
An analysis by Daily Investor revealed that Sizwe Nxasana, Ralph Mupita, and Phuthuma Nhleko are the telecommunications CEOs who provided the best shareholder returns.
For this analysis, Daily Investor looked at the shareholder returns...
South African network operators and minister launch the Association of Communications and Technology
Nomvuyiso Batyi, in partnership with various executives from South Africa's telecommunications industry, launched the Association of Communications and Technologies (ACT) on Thursday, 11 August...
association of comms and technology (act)
cell c
khumbudzo ntshavheni
liquid intelligent technologies
mtn
nomvuyiso batyi
rain
shameeljoosub
telkom
vodacom
Vodacom to test satellite network for regular cellphones
Vodacom says it has priority access to test AST SpaceMobile’s satellite-based mobile network when the engineering trial begins later this year.
The South African mobile network said it is a leading partner in developing the technology.
Vodacom loses subscribers but sees big data growth
Vodacom lost nearly 400,000 subscribers in South Africa in the past three months, the network's latest quarterly financial update shows.
The operator reported 45.086 million customers as of 30 June 2022, a decline of roughly 373,000 from its...
Best paid telecoms CEO in South Africa
The best-paid telecoms CEO in South Africa is MTN Group's Ralph Mupita, who received a salary package of R84.2 million rand over the 2020/21 financial year (FY).
Mupita's pay for the year was almost R17 million more than the next-highest paid telecom CEO...
blue label telecoms
brett levy
huge group
jaco-muller voigt
james herbst
mark levy
mtn
ralph mupita
shameeljoosub
sipho maseko
telemasters
telkom
vodacom
Vodacom spending over a billion rand each year to tackle its biggest problem
When it comes to maintaining reliable mobile network connectivity, load-shedding has proven to be Vodacom's biggest headache.
The CEO of South Africa's biggest network Shameel Joosub said rotational power cuts are...