Who's the Boss?
Staff member
May 24, 2010
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.
This is why Vodacom should be blocked from buying Vumatel/DFA - they send all their profits overseas.
The logic about Vodacom CEO being a billionaire simply because he is a director of a private company is a bit broken. Maybe they do own Wheatfield Investments but consider the fact that those 2 are also directors of Vodacom but that does not mean they are billionaires.
The last table is incorrect, it is just a copy of the previous table.
Got a few shares in Vodacom , dividends are good .
And then they keep telling us to buy local but our local companies are being sold to foreign buyers