A building on Vodacom’s campus in Midrand, Johannesburg Kenya’s high court has declared the government’s sale of a 15% stake in Safaricom to Vodacom unconstitutional, null and void, and ordered the shares restored to the state — 11 weeks after the transaction closed and handed the South African group control of Kenya’s most valuable listed…
Bob Collymore – image c/o Safaricom Shareholders of Kenyan telecommunications firm Safaricom are due to vote on whether to give Vodafone Kenya the right to nominate the company’s CEO once it holds more than 50% of Safaricom’s shares, Safaricom said on Wednesday. Vodacom, which held an effective 39.9% of Safaricom through its majority-owned subsidiary Vodafone…
Vodacom Group published its annual report on Friday – and nowhere in it, nor in the accompanying annual financial statements, is there any disclosure of what it paid to settle the “please call me” dispute, the matter that dominated the company’s legal agenda for the better part of two decades. The integrated report is not…
Vodacom Group’s fintech business has surpassed 100 million customers for the first time, with the JSE-listed telecommunications operator reporting 103 million active financial services users in the year ended 31 March 2026 – cementing its position as the largest mobile money operator in Africa. The milestone, disclosed in the group’s annual financial results on Monday,…
Vodacom Group CEO Shameel Joosub A reading of Vodacom Group’s 2026 financial results shows its home market is barely growing in customer terms, that what top-line growth there is leans heavily on price adjustments in February rather than volume growth, and profitability would have looked materially worse without a one-off accounting gain from the Maziv…
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…
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…
