Vodacom Tanzania appoints Sitholizwe Mdlalose as managing director

TANZANIA- Vodacom Tanzania Plc has announced the appointment of Sitholizwe Mdlalose as the new Managing Director replacing Hisham Hendi who is stepping down after three years at the helm. Sitholizwe joins the company from Vodacom South Africa (VSA) where he was the Finance Director since 2017. Sitholizwe has previously held various roles in the Vodacom Group including that of Interim Chief Finance Officer as well as Chief Finance Officer of Vodacom Group’s International Business. Prior to joining Vodacom Group, he worked with Vodafone Group for more than 6 years holding…

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Vodacom, AUDA-NEPAD to roll out digital tech for Covid-19 vaccinations in Africa

AFRICA – South African mobile telecommunication company Vodacom Group, part of Vodafone Group, will work with AUDA-NEPAD to build digital infrastructure to manage vaccinations across up to 55 countries, following successful deployments in South Africa – to manage Covid-19 vaccinations – and in Mozambique, Tanzania, and Nigeria – to manage infant inoculations. According to a statement released to the media, the roll-out of mVacciNation, developed by Mezzanine, a member of the Vodacom Group, is the first project in a public-private partnership that has been formed between Vodacom Group and AUDA-NEPAD “to…

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Vodacom boosts capital expenditure by 12% as spectrum auction nears

SOUTH AFRICA – Mobile communications company Vodacom has boosted investment in its network by 12.3% year on year in the quarter ended 31 December 2020, bringing capital expenditure to US$180.4 million from US$160.4 million in the same quarter a year ago. The network investment came on the back of an 8.5% uplift in revenue to US$1.3 billion, with service revenue climbing by 5.4% to US$955.5 million, parent Vodacom Group disclosed in an announcement to shareholders. The increased capital investment was designed to improve capacity to “improve the customer experience”, Vodacom…

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Vodafone Group set to sell its Ghanaian business as it plans to pay down debt

Vodafone extends zero charge on mobile money transfers

GHANA – Vodafone Group, multinational telecommunications company, is considering options to sell its majority stake in its Ghana business to Johannesburg-listed Vodacom Group, in which Vodafone is the biggest shareholder, as it focuses on reorganising the group and paying down debt, reports Bloomberg. According to people familiar with the matter, the West African country’s government will have to approve of any deal, they said. Vodafone holds a 70% stake in the Ghana business, with the balance held by the West African country’s government. The state has taken a proactive interest…

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