0
Wireless

Vodacom plans to increase black ownership

Wednesday 9 November 2016 | 09:51 CET | News
Vodacom South Africa is interested in increasing its black ownership, saying it would be "beneficial" if the Public Investment Corporation (PIC) chose to sell its shares in the company to black investors, reports ITWeb.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: Vodacom South Africa
Countries: South Africa
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Vodacom Group agrees ZAR 17.5 bln BEE ownership transaction

Published 11 Jun 2018 10:17 CET | South Africa
Vodacom Group, its existing BEE partners and a newly formed staff scheme have announced a broad-based BEE transaction of up to ...

Vodacom to sell ZAR 15 bln stake to black investors – report

Published 26 Jan 2017 13:01 CET | South Africa
Vodacom South Africa is considering the sale of a ZAR 15 billion stake in the company to boost black participation in the ...

Vodacom South Africa adds 1.5 mln new customers in H1

Published 14 Nov 2016 09:11 CET | South Africa
Vodacom South Africa's active customer base grew to 35.7 million, with 1.5 million net customer additions in the first half-year ...

Vodacom Group revenue growth slows to 4% in H1

Published 14 Nov 2016 08:24 CET | Africa
Vodacom Group reported a 4.1 percent increase to ZAR 40.15 billion in its revenue for the first six months ended 30 September ...

Vodacom stake worth ZAR 6 bln up for sale - report

Published 07 Nov 2016 09:24 CET | South Africa
A stake in Vodacom worth ZAR 6 billion is back up for sale, reports Bloomberg, citing sources familiar with the negotiations. The ...

Vodacom's YeboYethu shares list on Johannesburg bourse

Published 11 Aug 2016 11:33 CET | South Africa
Vodacom South Africa's Black Economic Empowerment (BEE) scheme, YeboYethu, listed its ordinary shares on the BEE segment of the ...

South Africa's PIC abandons Vodacom share sale – report

Published 08 Aug 2016 11:09 CET | South Africa
A Public Investment Corp plan to sell shares in South African operator Vodacom to black investors has been abandoned, Bloomberg ...

South Africa's PIC acquires 13.9% stake in Vodacom

Published 03 Dec 2015 10:08 CET | South Africa
The South African government investment manager, the Public Investment Corp (PIC) has finalised its acquisition of the state's ...

SAfrica govt close to sale of Vodacom shares - report

Published 24 Jun 2015 14:03 CET | Africa
South Africa is in advanced talks about the terms of the sale of some or all of its USD 2.3 billion stake in Vodacom Group unit, ...

South Africa to sell Telkom, Vodacom shares to fund Eskom

Published 26 Jan 2015 10:48 CET | South Africa
South Africa's government is planning to inject USD 870 million into public power utility Eskom, and it may sell its stakes in ...





Calendar   /   Industry Events

05 Aug Extreme Networks fiscal Q4
05 Aug Zynga Q2 2020
05 Aug Ribbon Communications Q2 2020
05 Aug CenturyLink Q2
05 Aug Magyar Telekom Q2 2020
05 Aug Synaptics fiscal Q4
05 Aug Roku Q2 2020
05 Aug Dasan Zhone Solutions Q2 2020
05 Aug Dialog Semiconductor Q2 2020
05 Aug Smith Micro Software Q2 2020
05 Aug Inseego Q2 2020
05 Aug Infinera Q2 2020
05 Aug Fitbit Q2 2020
05 Aug NetLink NBN Trust fiscal Q1
05 Aug Maxar Q2 2020
05 Aug TeraGo Q2 2020
05 Aug Samsung Galaxy Unpacked event
06 Aug Cogent Communications Q2 2020
06 Aug MTN Q2 2020
06 Aug PCCW H1 2020
06 Aug Tucows Q2 2020
06 Aug Sierra Wireless Q2 2020
06 Aug Viasat fiscal Q1
06 Aug Fortinet Q2
06 Aug Motorola Solutions Q2 2020
06 Aug Cable One Q2 2020
06 Aug Immersion Q2 2020
06 Aug T-Mobile US Q2 2020
06 Aug PCTel Q2 2020
06 Aug Cincinnati Bell Q2 2020
06 Aug OTE Q2 2020
06 Aug Deutsche Telekom Q2 2020
06 Aug NortonLifeLock fiscal Q1
06 Aug BCE Q2 2020
06 Aug Vonage Q2
06 Aug Adtran Q2
06 Aug Veon Q2 2020
06 Aug Switch Q2 2020
06 Aug FCC meeting
::: More Calendar Items