Tag: Vodacom

Vodacom super app VodaPay goes live

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SOUTH AFRICA – Vodacom’s VodaPay Super App has officially gone live and is available to customers on any mobile network. Developed by Vodacom’s fintech arm, Vodacom Financial and Digital Services, the new app provides an ecosystem of third-party services that allow consumers to do everything from peer-to-peer payments to sending money and ordering takeaways, or making grocery purchases. Vodacom first announced the app in June 2021, when it invited developers and businesses to join its ecosystem by building their own “Mini Programs” on the mobile platform. The App is backed by Chinese-owned online payment…

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Vodacom eyeing additional stake in Safaricom Telecommunications Ethiopia

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ETHIOPIA – Vodacom Group has signed a deal that could see it buy an additional 10.9 percent stake in Safaricom Telecommunications Ethiopia from UK’s sovereign wealth fund CDC Group at a cost of US$1.74 billion in the coming years. The deal, if completed, will raise Vodacom’s interest in the newly formed telco to 17.1 percent. The South African telco currently owns a 6.2 percent stake in the Ethiopian firm through the Netherlands-registered investment vehicle Vodafamily Ethiopia Holding Company. “As part of the transaction agreements, Vodacom has granted a put option…

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Vodacom goes solar with US$563,234 investment

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SOUTH AFRICA – Vodacom has invested over R8 million (US$563,234) in three new solar-powered sites as part of the telco’s energy and carbon management strategy. The company says the new sites – in Polokwane, Vereeniging and Bloemfontein − form part of the 1,088 solar-powered sites across all of Vodacom’s markets. The company also installed rooftop solar at its Century City offices in Cape Town in 2012, and Vodacom Lesotho’s head office has been powered by solar energy since 2017.   This, the telco says, is part of Vodacom’s long-term strategy to…

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Vodacom Business partners with Trend Micro to elevate cybersecurity offering

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SOUTH AFRICA – To ensure businesses are not on the backfoot when it comes to cyber-attacks, Vodacom Business has expanded its security solutions to offer Trend Micro Worry-Free Services, a suite of protection services not only encompasses multiple endpoints, such as laptops, desktops, mobile devices and servers but includes web browsing, email and cloud collaboration. “At Vodacom Business, we understand that organizations are facing enormous challenges in today’s business climate, including the proliferation of cyberattacks. As a leading technology provider, our aim is to offer solutions that help businesses digitalize…

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Vodacom Tanzania CEO Hisham Hendi steps down after three years at the helm

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TANZANIA – Hisham Hendi, the managing director of the telecommunications giant Vodacom Tanzania has stepped down after three years of service, to take up a new role as the commercial lead in Vodafone Spain. The outgoing CEO joined Vodacom Tanzania in September 2016 as the head of the commercial business unit and was later promoted to the role of Managing director in August 2018. Chairman of the board of Vodacom Tanzania, Judge Thomas Mihayo, praised Hisham by saying: “During Hisham’s five-year tenor, Vodacom has continued to lead the industry in implementing…

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Vodacom reports US$1.9b revenue in Q1 of 2021

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SOUTH AFRICA – Vodacom Group recorded first-quarter revenue of R24.8 billion (US$1.9 billion), up 9%, as strong normalised growth of 14.2% was partially offset by the South African rand’s recovery. South Africa’s biggest mobile operator this morning issued a trading update for the quarter ended 30 June. According to the telco, the rand appreciated by 20% against a basket of its international currencies, impacting reported growth. Normalised group service revenue growth was 7.8% as international growth accelerated. The telco says South Africa’s service revenue was up 5.2% to R14.1 billion…

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Global Partnership for Ethiopia taps Vodacom DRC chief Anwar Soussa as Managing Director

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ETHIOPIA – The Global Partnership for Ethiopia (GPE) has appointed Anwar Soussa as the Managing Director of the Operating Company in Ethiopia, effective July 1, 2021. He will report to the Board of the Ethiopia entity and Safaricom PLC Chief Executive Officer. Anwar is currently the Managing Director of Vodacom Democratic Republic of Congo (DRC) and the Chairperson of Vodacash (M-PESA), a position he has held since 2017. He has cemented Vodacom DRC as the largest Vodacom operation outside of South Africa by driving major strides in operational performance, crossing…

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Vodacom unveils VodaPay ‘super app’ as it aims to transform the fintech ecosystem

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SOUTH AFRICA – Mobile telecommunications company Vodacom, has unveiled its much-anticipated VodaPay “super app” in South Africa, designed in collaboration with Alibaba Group-owned fintech services platform Alipay. “VodaPay is an all-encompassing mobile payments solution that has been customised to meet the specific lifestyle and payment needs of consumers, businesses and tech developers,” Vodacom said in a statement while announcing the launch of the app. Vodacom Financial Services now is inviting developers and businesses to join the VodaPay ecosystem by building their own “mini programs”. “These third-party, downloadable sub-applications run within the…

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Vodafone Cash partners payments company WorldRemit for seamless money transfers

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Vodafone extends zero charge on mobile money transfers

GHANA – Vodafone Ghana’s mobile financial services, Vodafone Cash has partnered with global cross-border payments company WorldRemit to enable its customers to receive international money transfers straight to their mobile money accounts without any charges. The service allows Vodafone Cash customers to seamlessly receive international money transfers from their family and friends in the UK, Canada, Australia, the USA, and others. This partnership between two global brands eliminates the stress, risks, long queues and other challenges associated with visiting agents to access remittances from overseas. “Our partnership with WorldRemit is…

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Vodacom unveils lofty fiber, fintech, IOT investment plans as it entrenches itself as a tech company

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SOUTH AFRICA – Mobile communication company Vodacom is fortifying its business model, scaling up fibre, financial services, Internet of things (IOT) and network expansion plans in a bid to become the dominant telco in all its markets. The telco says it remains focused on entrenching Vodacom as a top Pan-African technology company through investments in these sectors to augment its relationships with the 100 million plus customers it serves across Africa. The intensified desire to pursue opportunities in fibre, financial services and IOT comes at a time the telco is transitioning into…

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