Load-shedding has dimmed Vodacom’s annual performance. The mobile operator spent more than R4bn on alternative energy sources over the past two years and an extra R300m to operate and maintain them. As a result, profit edged up by just 2.1% while the dividend was slashed by more than a fifth. Business Day TV unpacked the performance with company CEO Shameel Joosub.
Or listen to full audio
Subscribe for free episodes: iono.fm | Apple Podcasts | Spotify | Pocket Casts | Player.fm
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.