Vodacom, led by Shameel Joosub, poised for major comeback
The Johannesburg-listed telecom giant raised medium-term guidance, signaling a potential turnaround driven by gains in Egypt and fintech.
Vodacom Group
Vodacom, led by South African exec. Shameel Joosub, extends deadline for $790 million Maziv deal
The deal, first disclosed on Nov. 10, 2021, has encountered multiple regulatory and transactional hurdles, leading to repeated extensions.
Vodacom posts $4.1-billion revenue in H1 2024
Despite this growth, profitability faced challenges due to currency fluctuations in key markets such as Egypt and Ethiopia, which put pressure on service revenue.
Vodacom faces regulatory setback in $790-million Maziv acquisition
Vodacom's Maziv deal blocked by Competition Tribunal. Regulatory hurdles stifle expansion plans.
Black shareholders oppose Vodacom’s $2.3-billion payout to ‘Please Call Me’ inventor Nkosana Makate
Nkosana Makate, inventor of the “Please Call Me” service, faces a new setback in his legal battle against Vodacom Group.
Vodacom, led by South African exec Shameel Joosub, deploys world first mobile radio equipment in Egypt
Vodacom Group led by leading South African executive Shameel Joosub has announced the successful deployment of a world-first triple-band mobile radio unit.
South African exec Shameel Joosub-led Vodacom discusses infrastructure deals with Orange across Africa
Vodacom Group, led by telecoms veteran Shameel Joosub, boasts a network of over 200 million African subscribers.
Vodacom, led by South African executive Shameel Joosub, reports $8.2 billion in revenue
Maintaining its leadership in South Africa and across the continent, Vodacom reported strong growth in key segments, with financial services emerging as a major driver.
South Africa’s job crisis worsens as CEO Shameel Joosub leads Vodacom to cut 80 jobs
The decision to cut approximately 80 jobs has drawn criticism from organizations such as the Congress of South African Trade Unions (COSATU).
Led by South African tycoon Shameel Joosub, Vodacom completes Vodafone Egypt acquisition
Joosub said the deal represents an important milestone for Vodacom Group.
Amid operating difficulties, Shameel Joosub-led Vodacom Group reports decline in profit in H1 2021
Vodacom Group is a South African telecom company, providing voice, messaging, data and converged services.
Safaricom shares rise to all-time high amid Ethiopia license bid
Investors rallied around the company as news spread that it is close to securing a license in Ethiopia.