South Africa's Vodacom, led by Shameel Joosub, moves to control Kenya's Safaricom
Vodacom, led by Shameel Joosub, moves to take control of Kenya’s Safaricom in a deal valued at about $2.4 billion.
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Vodacom, led by Shameel Joosub, moves to take control of Kenya’s Safaricom in a deal valued at about $2.4 billion.
Vodacom finalizes a $672.9 million fiber deal with Remgro’s Maziv to expand fast internet across South Africa.
Vodacom may increase its stake in Safaricom as Kenya explores selling part of its government share.
Vodacom commits $29 million to enhance Limpopo’s 5G network, improve connectivity, and empower local communities.
Concerns were raised about the potential negative consequences on employees, shareholders, public finances, network investment, coverage, and social programs.
In addition to her executive and governance roles, Morathi holds a 0.01-percent stake in Vodacom, owning 243,554 shares valued at $1.38 million.
His compensation package includes a R16.64-million ($0.88 million) base salary, accompanied by a short-term incentive of R14.03 million ($0.74 million).
Rain Limited is a South African mobile communications company partly owned by Paul Harris, Michael Jordaan, and Patrice Motsepe
CIVH is a holding majority-owned by South African billionaire Johann Rupert’s Remgro Limited.
The Scan & Order solution will help digitize menus and ordering systems.
MTN and Safaricom are fighting to clinch market share in the Ethiopian telecom sector.