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.
High inflationary pressure, energy costs, market volatility, ongoing blackouts (load shedding) and the rising cost of living have had an impact on mobile operator Vodacom profits.
Vodacom Group Limited (OTCPK:VODAF) Q2 2023 Earnings Conference Call November 14, 2022, 09:00 AM ET Company Participants JP Davids - Head of IR Shameel Joosub - CEO Raisibe Morathi - CFO.