Vodacom South Africa becomes an independent company
Monday, 25 May 2020 18:15
The South African branch of the Vodacom group has become a standalone company with a new Managing Director in the person of Balesh Sharma.
According to a statement released on May 21 by Vodacom, the decision is aimed at enabling the now independent company to continue to play a central role in the supervision of all its operations in Africa. It is the outcome of a major restructuring of the group's activities across the continent.
Shameel Joosub, CEO of Vodacom, said the restructuring is aimed at putting in place the structures necessary to help his organization become a leader in the technology, financial and digital services sector in Africa. As part of this strategy, new decisions are expected in the coming days to diversify the company’s sources of income.
Live News
-
Djibouti Launches $8 Million ‘E-SKILLS’ Project to Train 3,000 Youths and Women
13:39
-
Zimbabwe Inaugurates Hatchery as Govt Targets 14,000-Ton Tilapia Output by 2032
13:13
-
South Africa’s Green Energy Boom Created 6,000 Permanent Jobs, Analysts See Upside
13:07
-
Côte d’Ivoire Reports 4,610 Newly Literates in 2024, Reaffirms 30% Illiteracy Target
12:45
-
Japanese chocolatiers show growing interest in Cameroon’s cocoa
12:17
-
Government, African Development Bank Accelerate 21-Billion-Franc Project Targeting Modern Agriculture
12:15
-
Cameroon holds 1.1% share of African exports and ranks 19th in 2024
12:12
-
Afriland First Bank, University of Bamenda partner to push government's student-entrepreneur drive
12:03
-
Gabon Plans Digital Payment System for E-Visa Applications
03:11
-
Orange Morocco Launches New 1.5 MW Data Center in Casablanca
03:06
(MCB) - The Mauritius Commercial Bank Limited (“MCB”) has successfully granted a strategic financing...
S&P upgrades Zambia to CCC+ as debt talks advance and copper output rebounds. About 94% of $...
MTN Innovation Lab hosts Africa HealthTech Export 2025 Bootcamp in Cotonou Event targets s...
Attack risks internet disruptions; investigation launched near Massakory EU-funded project aims ...
Public Eye claims over 90% of Cerelac samples in Africa contain added sugar, averaging 6 g per por...
Zimbabwe opens new hatchery to produce 2.7M fingerlings annually Facility aims to boost local tilapia output to 14,000 tons by 2032 Aquaculture...
Green energy growth in South Africa has not boosted net job creation Most jobs are short-term; only 6,000 permanent roles created in renewables Coal...
Over 4,600 adults gained literacy skills under 2024–2025 campaign 172 new centers built; national goal is 30% illiteracy reduction Strategy supports...
Kenya plans to expand irrigated farmland to 1 million hectares by 2032 50 mega-dams, 200 medium dams planned to support water capture Goal is to...
Hidden deep within the Arabuko-Sokoke Forest on Kenya’s coast near Malindi, the ancient city of Gedi stands as one of East Africa’s most intriguing...
Orange Egypt and Qatar’s Qilaa International Group have partnered to develop WTOUR, a digital platform offering trip planning, hotel bookings, local...