Vodacom Group CEO Shameel Joosub The drawn-out “please call me” saga between Vodacom and its former employee, Nkosana Makate, is headed back to the supreme court of appeal in the coming weeks. This is after the constitutional court in July ruled the matter must be heard by a new panel of judges. As the 18…
Leading South African mobile network operator Vodacom has officially launched its Vodacom V-Up Summer Campaign for 2025, themed “Extra Your Summer”. The campaign offers R500-million in customer value through record-breaking data deals, daily rewards and life-changing prizes, all aimed at providing genuine relief during tough economic times. As challenging market conditions force consumers to make…
Vodacom Group CEO Shameel Joosub Vodacom Group on Wednesday said it facilitated US$460-billion (R8.1-trillion) in transactions through its mobile money platforms in the past year, including in Kenya, underscoring just how important financial services has become to the JSE-listed telecommunications operator. “The sustained growth of our financial services is particularly pleasing as this seeks to…
Vodacom South Africa has announced big changes to the terms of its planned acquisition of Vumatel parent Maziv as it works to get the deal over the line. Under the new terms, Vodacom will buy a maximum 34.95% stake in Maziv, down from 40% previously, while the financial terms of the deal have also been…
The Competition Tribunal’s decision to block the proposed acquisition by Vodacom of an up-to-a-40% co-controlling stake in fibre operator Maziv was in part influenced by the competition regulator being unconvinced of the mobile operator’s claims that it would not influence Maziv’s strategic and operational direction post-merger. At the tribunal’s marathon hearings into the matter, Vodacom…
It’s many months late, but the Competition Tribunal has finally released its reasons document – or at least, a non-confidential version thereof – outlining why it decided to block Vodacom’s acquisition of a co-controlling stake in fibre operator Maziv. The tribunal last October shocked the merging parties – and the telecommunications industry – when it…
