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Wireless

Vodacom eyes ZAR 2 bln from South Africa's financial services

Wednesday 13 November 2019 | 10:10 CET | News
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Vodacom plans to expand its financial services business in South Africa to ZAR 2 billion in the next twelve months, ITWeb reported. Group CEO Shameel Joosub told ITWeb that the group has turned its previously loss-making financial services unit into a vital business cog. In the past six months, Vodacom's financial services grew by 37.1 percent to ZAR 972 million and it advanced ZAR 4.9 billion in airtime via its Airtime Advance platform to 9.9 million customers.

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Categories: Mobile & Wireless
Companies: Vodacom South Africa
Countries: South Africa
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