Vodacom brings connectivity, fintech to SA e-hailing

Vodacom brings connectivity, fintech to SA e-hailing

The e-mobility programme brings together partners from the technology, financial services, automotive and e-hailing sectors. Vodacom South Africa and SmartOps Fleet are targeting the deployment of up to 55 000 vehicles over the next nine to 12 months, in a programme combining connected-vehicle technology, vehicle finance and managed e-hailing operations. According to a statement, the…

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Vodacom commits R500m to WCape network

Vodacom commits R500m to WCape network

Vodacom invests R500 million to improve digital inclusion in the Western Cape. Mobile telephony group Vodacom says it will spend more than R500 million in network infrastructure and digital inclusion in the Western Cape this financial year. In a statement, the JSE-listed group says it will focus on network expansion, modernisation and upgrades, energy-resilience projects…

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Vodacom strengthens foundation’s leadership structure

Vodacom strengthens foundation’s leadership structure

Vodacom Group bolsters the foundation’s board. (Image source: Highperform.ai) The Vodacom Foundation has established a new seven-member board, chaired by Dr Vera Songwe, to consolidate and strengthen its impact on the continent by 2030. Vodacom’s foundation brings together the eight foundations across the group’s footprint under one umbrella. The new board members bring expertise spanning…

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Kenya to appeal Safaricom ruling against Vodacom deal

Kenya to appeal Safaricom ruling against Vodacom deal

Delegates attend a recent financial presentation at Safaricom’s headquarters in Nairobi, Kenya. Monicah Mwangi/Reuters Kenya’s government will appeal the court ruling that ordered the cancellation of the deal in which it sold an extra 15% stake in Safaricom to Vodacom, finance minister John Mbadi said on Wednesday. Mbadi said he was confident the transaction followed…

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Kenyan high court strikes down Vodacom acquisition of Safaricom

Kenyan high court strikes down Vodacom acquisition of Safaricom

Kenya’s High Court has declared the government’s sale of a 15% equity stake in Safaricom to South Africa’s Vodacom Group unconstitutional, ordering the shares restored to the state. The ruling nullifies the December transaction that would have increased Vodacom’s controlling interest in East Africa’s largest telecommunications provider to 55%, while reducing the Kenyan Treasury’s holding…

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Vodacom taps former JSE boss for board seat

Vodacom taps former JSE boss for board seat

Former JSE CEO Leila Fourie joins Vodacom Group board. (Image source: WEF) JSE-listed company Vodacom Group has appointed Leila Fourie as an alternate director to the chairman, Saki Macozoma, effective 9 October. In a SENS statement today, Vodacom says Fourie will serve as an alternate director until Macozoma’s retirement on 20 July 2027, whereafter she…

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Vodacom execs sell R9.9m shares to settle tax

Vodacom execs sell R9.9m shares to settle tax

Vodacom South Africa CEO Sitho Mdlalose. Five Vodacom executives and the company secretary have sold a combined 63 216 shares, worth about R9.93 million, to settle tax obligations arising from the vesting of shares awarded under the company’s conditional and forfeitable share plan. The transactions, disclosed in accordance with the JSE Listings Requirements, took place…

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