South Africa’s biggest mobile operator, Vodacom Group, has announced a major step to increase its presence in Africa with a plan to take control of Safaricom, East Africa’s largest telecoms …
VODACOM
- Africa EconomyBusinessFinancial MarketsINVESTMENTTelecommunications
- AfricaBusinessEconomyFinance & ServicesSouth AfricaTechnologyTelecommunications
South Africa’s Biggest Companies Outshine Economy in New African Business Rankings
South Africa’s biggest companies are showing serious strength despite the country’s economic challenges, according to the 2025 ranking of Africa’s Top 250 Companies. The new report revealed that 17 out …
Vodafone Group chief executive Nick Read will step down at the end of 2022, after he failed to halt a years-long slide in the telecommunication giant’s share price and mergers …
- BusinessEconomyINVESTMENTSouth AfricaTechnology
Vodacom spends record R5.8bn on it’s local network as it battles load shedding
SA’s largest mobile operator Vodacom, which has been battling power challenges and the effects of rising inflation, says it spent a record R5.8 billion on its local network in its …
Cell C has notified its contract customers that most of their subscription fees will increase from 1 December 2022. The price hikes will affect all postpaid customers, including those in …
- Banking, Finance & InvestmentBusinessSouthern AfricaTechnology
Vodacom launches Vodalend, a cash loan service
Vodacom has launched its cash loan service called VodaLend Cash Advance, a product that allows its customers to take out small short-term cash loans. The mobile network operator said the …
Despite investing heavily in growing its mobile subscriber base, Telkom has been losing market share against Vodacom and MTN over the last five years. In the nineties and early 2000s, …
- Mobile Telecommunications Network (MTN)Southern AfricaTechnologyTelecommunications
Rain request revision of Telkom bid, proposes companies be merged
Rain has formally requested to present the Telkom board with a proposal to merge the two companies. “Although the terms of such a transaction such as valuation and structure would …
FIFI PETERS: While we are hearing quite a bit about how load shedding is having a devastating impact on small businesses, forcing some to close, big business is also feeling the …
- Information & TechnologyINVESTMENTSouth AfricaSpotlightTechnology
Vodacom’s thirst for expansion worries investors
Some market players question the group’s ability to manage all of this investment, as a portion of it would require funding through debt An increase in deal activity at Vodacom …