Vodacom service revenue climbs 13% as Egypt and DRC surge

Vodacom service revenue climbs 13% as Egypt and DRC surge

Vodacom Group reported a strong performance for the third quarter ended December 31, 2025, with service revenue rising nearly 13% to R34.6 billion. This growth was primarily fuelled by robust expansion in its international markets, specifically Egypt and the Democratic Republic of Congo (DRC), helping the group track favourably against its medium-term financial targets. Read:…

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Binance SA sees growth amid crypto boom

Binance SA sees growth amid crypto boom

Larry Cooke, legal counsel for Binance Africa. Crypto-currency exchange Binance has seen rapid customer growth in South Africa, since its local inception eight years ago, as more South Africans adopt crypto-currency. The online digital wallet service − through which crypto-currencies can be traded, bought and sold − says it has witnessed local customer numbers rising…

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Prosus inks three-year AWS deal to scale AI across its global portfolio

Prosus inks three-year AWS deal to scale AI across its global portfolio

Image for illustration purposes only Naspers subsidiary Prosus has signed a three-year global partnership agreement with Amazon Web Services to scale the use of artificial intelligence across its portfolio companies in Latin America, Europe and India. The agreement will see selected Prosus-backed businesses – including iFood, OLX, PayU, Despegar, eMag and Just Eat Takeaway.com –…

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Seasoned CIO returns to Absa Group

Seasoned CIO returns to Absa Group

Nomonde White-Ndlovu rejoins Absa as CIO for group compliance. Seasoned technology executive Nomonde White-Ndlovu has taken up a new role as chief information officer (CIO) for group compliance at Absa, effective February. This marks White-Ndlovu’s return to the banking group, after previously spending over nine years with the organisation. In her previous roles, she was…

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Why stablecoins are booming in Africa

Why stablecoins are booming in Africa

Yellow Card MD Lasbery Oludimu Stablecoin adoption is surging across Africa as both businesses and consumers find use cases that assist in speeding up and lowering the cost of transacting. Speaking in a webinar hosted by Absa Corporate and Investment Banking (CIB) on Tuesday, Lasbery Oludimu, MD of US-headquartered fintech and cryptocurrency exchange Yellow Card,…

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‘Please Call Me’ creator labels Black Rock’s quest for money ‘fraud’

‘Please Call Me’ creator labels Black Rock’s quest for money ‘fraud’

‘Please Call Me’ inventor Nkosana Makate. ‘Please Call Me’ creator Nkosana Makate says Black Rock Mining’s claim that he owes it money is fraudulent, and there is no basis for arbitration to secure 40% of his settlement with Vodacom, South Africa’s second-largest mobile operator. In December, British Virgin Islands-registered Black Rock Mining lost its battle…

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Vodacom’s real growth story isn’t mobile

Vodacom’s real growth story isn’t mobile

For years, Vodacom Group was viewed primarily as a telecommunications operator with an interesting side business in mobile money. That framing no longer holds: the numbers in its latest quarterly trading update show that fintech is not just a growth engine, it is becoming central to the group’s identity. Over the past 12 months, Vodacom’s…

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