Business Day TV speaks to Vodacom CEO Shameel Joosub
15 May 2023 - 17:29
Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers.
Vodacom CEO Shameel Joosub. Picture: FREDDY MAVUNDA/BUSINESS DAY
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.
Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers.
NEWS LEADER
WATCH: Load-shedding dims Vodacom’s performance
Business Day TV speaks to Vodacom CEO Shameel Joosub
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
WATCH: Dismay as state blocks low-cost medical aids
WATCH: Manufacturing production dips in March
WATCH: SA’s great coalition dating game
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.
Most Read
Published by Arena Holdings and distributed with the Financial Mail on the last Thursday of every month except December and January.