Tag: Vodafone

Op-Ed: Supporting the ICT sector in Africa as a cure for the economic crisis

“We need to think, and fast, about how we can help our African partner in the race against time as it faces the predicted economic disaster in the wake of the global covid-19 pandemic,” writes Franc Bogovic and Engin Eroglu.

South Africa’s Vodacom reports 8.9% jump in full-year earnings

South African mobile operator Vodacom Group reported a 8.9% rise in annual earnings on Monday, buoyed by an improved second half performance in its domestic market and the sustained growth of its international businesses.

Kenya’s Safaricom sees 70% jump in data usage during COVID-19 lockdown

Kenya’s top telecoms operator Safaricom has seen a 70% surge in data usage as people stay at home to curb the spread of the new coronavirus, it said on Tuesday.

Vodacom unit plans to sell operations in four African markets, what you need to know

Vodacom, which is majority owned by Vodafone Group Plc, announced an agreement to sell the unit’s operations in four African markets.

South Africa’s Vodacom reported a 6.6% drop in earnings, here’s why

Vodacom's headline earnings per share (EPS) for the full-year ended March fell to 862 cents from 923 cents a year earlier.

Vodafone sells down stake in South Africa’s Vodacom

Vodacom share price drops more than 6 percent.

Vodacom agrees $2.6 bln Safaricom deal to tap Kenyan market

South Africa's Vodacom said on Monday it will buy a 35 percent stake in Safaricom from its parent company Vodafone for 34.6 billion rand ($2.59 billion), expanding its reach into Kenya.

South Africa's Vodacom posts flat profit

The Group delivered service revenue growth of 5.3 percent, led by a 2.3 million increase in active customers since March 2016, mostly in South Africa.