Vodacom’s customers increased from 115.5 million to 211.3 million in 5 years.

Loading player...
GUEST - Shameel Joosub, Vodacom Group CEO

In this conversation, we unpack Vodacom Group’s latest financial results with a focus on growth resilience despite challenging macroeconomic conditions. Vodacom reported a 1.1% increase in group revenue to R152.2 billion, with strong underlying momentum pushing normalised revenue growth to 10.9%. Financial services continue to play a pivotal role, growing 7.6% to R14 billion and now contributing 11.6% to overall service revenue.
19 May 2025 12PM English South Africa Business News · Investing

Other recent episodes

BofA Slashes SA Growth Forecast as Inflation Surges

Bank of America has cut South Africa’s 2026 GDP growth forecast to 1.3%, warning that higher oil and fertilizer prices will keep inflation above 4% for most of the year. Economist Tatonga Rusike explains
23 Apr 3PM 11 min

Understanding SA’s First Wealth Score

Franc unveils South Africa’s first-ever Wealth Score, revealing that financial habits—not income—are the strongest predictor of financial health. We unpack why SA’s national score is 45/100 and the behavior gap between knowing and doing with Dr. Thomas Brennan, founder and CEO of Franc.
23 Apr 3PM 13 min

Clicks Lifts HEPS 8% Despite Warehouse Disruptions.

Clicks delivered firm interim results with diluted HEPS up 8.1%, even as warehouse system delays cost an estimated R175 million in lost sales. CEO Bertina Engelbrecht discusses pharmacy growth, trading margins, and festive‑season competition.
23 Apr 2PM 16 min