Vodacom reports fintech boost even as Tanzania weighs
Financial service revenue was up 9.3% in the first quarter and would have grown by almost a fifth without Tanzanian levies
21 July 2022 - 09:07
UPDATED 21 July 2022 - 17:51
Vodacom, SA’s largest mobile operator, says its new focus on financial services paid off, with almost double-digit revenue growth from this business line in its first quarter to June, despite it taking a significant hit from new mobile money levies in Tanzania.
The group’s fintech platform, though it offers financial services in SA, grew almost a third during the quarter. ..
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