Vodacom is offering cash loans for the first time as the telecom giant deepens its presence in financial services, which has become an important contributor to group revenue.

SA’s largest mobile provider previously advanced only small amounts of airtime to customers with little to no credit balance, repayable when the customer recharged their account. Now it will advance cash values of as much as R500 for up to a month with its VodaLend Cash Advance product...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.