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 paid Johann Rupert's company R12.6 billion for its stake in Maziv
Vodacom's annual results for the year ended 31 March 2026 showed that it paid Remgro's CIVH R12.642 billion for its 30% stake in Maziv.
Remgro is chaired and controlled by billionaire Johann Rupert. He founded the...
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...