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Vodacom sees higher H2 profit after hit from Ethiopia roll-out

JOHANNESBURG -South African telecoms operator Vodacom Group s half-year headline earnings fell 9.5% due to start-up losses in Ethiopia and higher finance costs, but it expects core profit to improve.

South africaRaisibe morathiJan harveyChristopher cushingSubhranshu sahuNqobile dludlaShameel joosubVodacom chief executive shameel joosubFriday safaricomChief financial officer raisibe morathi

Vodacom sees higher H2 profit after hit from Ethiopia roll-out

Group operating profit decreased 5.6% due to higher operating costs.

South africaRaisibe morathiShameel joosubVodacom groupVodacom chief executive shameel joosubFriday safaricomChief financial officer raisibe morathi

Vodacom weighs bond issue, changes dividend policy to fund growth

EPS gained 3.6% in the year through March while sales rose 4.5% to R103bn.

South africaUnited kingdomRaisibe morathiSafaricom ltdVodacom groupVodafone group plcVodafone egyptChief financial officer raisibe morathi

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