All South Africa articles – Page 3
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Analyst BriefingVodafonewatch Weekly: nip and tuck all part of the plan, as CEO evinces optimism
In-depth analysis of FY23−24 results as Margherita Della Valle attempts to paint rosy picture of shrinking Group. Storm still to come in Germany, but Spanish exit secured, and confidence around UK merger prospects. Significant developments across (re-shaped) footprint include: changing leadership; strategic partnerships; and an M-PESA spin-off update…
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Financial & PerformanceVodacom parries ‘big knocks’ as it battles for growth
Vodacom CEO Joosub focuses on the big picture and promises digital services-driven future growth as macroeconomic headwinds take the gloss off the Group’s FY23-24 performance, and low earnings hit the dividend.
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PremiumElsewhere in Africa: Orange pulls away from Ethio Telecom transaction
Orange pulls away from Ethio Telecom transaction.
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PremiumElsewhere in Africa: Vodacom was listed on the A2X exchange to “accelerate” profile
Vodacom was listed on the A2X exchange to “accelerate” profile.
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Strategy & ChangeVodafone UK to ship customer care overseas
Portion of customer care operations set to be transferred to _VOIS Egypt and contact support specialist Webhelp in South Africa.
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InterviewInterview: CMC chief exec on keeping Africa in business despite energy supply woes
In an interview with TelcoTitans, CEO of Carlyle-controlled connectivity player CMC Networks describes doing business on the continent as tough but “super exciting”.
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Partnerships & AlliancesVodacom declares war on load shedding with virtual wheeling agreement
Vodacom seals virtual wheeling agreement with South African power provider Eskom.
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Network & InfraVodacom brands new TowerCo business as Mast
Vodacom sticks with simplicity in branding its new South African tower spinoff.
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M&AMTN CEO: consolidation “inevitable” for South Africa despite Vodacom’s fibre challenge
Ralph Mupita expressed his surprise that Vodacom’s fibre consolidation proposal is facing regulatory blocks, but reiterated pro-consolidation stance.
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Network & InfraVodacom connects 2Africa in latest subsea expansion
Vodacom sets Mozambique landing station live as 2Africa progress continues.
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M&AVodacom’s fibre plans knocked back by SA antitrust findings
South Africa’s Competition Commission recommends against regulatory approval, but Vodacom assures investors that the altnet consolidation plans are not finished.
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Financial & PerformanceVodacom boosts revenue as Egypt proves its worth
Group’s Q1 results showcase strength of Vodafone Egypt addition, but revenue growth recorded with or without the North African OpCo.
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Network & InfraVodacom pledges more cash for network and backup power expansion
Vodacom investing in network and power backup upgrades in South Africa’s Eastern Cape.
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PremiumElsewhere in Africa: Authorities break up battery theft crime ring
Authorities break up battery theft crime ring.
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OperationsProgress made, but long road ahead for Vodacom on emissions reduction
Group reports 17.3% downturn in total Scope 1 & 2 emissions when compared to previous FY.
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Network & Infra“Disastrous” load shedding threatens to constrict Vodacom network ambitions
Vodacom management laments load shedding policy as investment reallocated to fund backup energy solutions.
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PremiumVodacom seeks pan-African play for emerging fibre biz
Vodacom CEO Shameel Joosub is looking to build the Group’s fibre assets beyond South Africa once CIVH deal is closed.
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PremiumElsewhere in Africa: New M PESA Rallonge overdraft service introduced in DRC
New M‑PESA Rallonge overdraft service introduced in DRC, but Safaricom accused of providing illegal OD facility in Kenya.