Vodacom parries ‘big knocks’ as it battles for growth
Neal Doran2024-05-14T14:10:00
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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This article includes:
- Organisations: Community Investment Ventures Holdings; Fintech; Internet of Things; Maziv (Proprietary) Limited; M-Pesa; Safaricom; South African Competition Commission; Vodacom; Vodacom Business; Vodafone; Vodafone Egypt.
- Geographic: Africa; Democratic Republic of the Congo; Egypt; Ethiopia; Kenya; Mozambique; South Africa.
- People: Shameel Joosub; Raisibe Morathi.
- Themes: Business; Competition; Digital inclusion; Digital services; Earnings; Energy; Fibre; Financial services; Foreign exchange; Inflation; Interest rates; Internet of Things; Investment; Mobile money; Profits; Revenue; Supply chain; Transformation.