Q&A: CEO Joosub bullish about Vodacom’s international business
Strong sales growth offsets Mozambique re-pricing, Ethiopia and Egypt currency devaluations
02 December 2024 - 05:00
In the face of currency devaluations in some of its markets and ongoing shifts in technology, Vodacom group CEO Shameel Joosub is steadfast in his belief in the underlying growth of the telecom group.
He recently outlined some of the developments in the business, as the group reported lower headline earnings per share (https://www.businesslive.co.za/bd/companies/telecoms-and-technology/2024-11-11-currency-woes-weigh-on-vodacom/) (HEPS) at the halfway stage, largely due to currency depreciation in Ethiopia and one-off costs in its international business. ..
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