Battle: Dar es Salaam vs Nairobi

Battle: Dar es Salaam vs Nairobi

Vodacom ‘to benefit from Vodafone Egypt’s software factory’ after $2.7bn deal approved​

3h | Alan Burkitt-Gray

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Vodacom shareholders have approved a proposal to buy a controlling 55% stake in Vodafone Egypt for the equivalent of US$2.68 billion.

The deal, first proposed in November 2021, means South Africa-based Vodacom will have a footprint covering 500 million people across Africa and more than 40% of Africa’s gross domestic product (GDP).

Vodacom group CEO Shameel Joosub (pictured) said: “This is an exciting and important step for Vodacom, as the acquisition of Vodafone Egypt will allow us to transition from a telecommunications company to a technology company.”

This is because Vodacom sees “sees attractive synergy potential from combining Vodafone Egypt’s software factory with Vodacom Group’s existing big data capabilities, closer cooperation in scaling pan-African enterprise and internet of things (IoT) solutions, enabling the proliferation of digital services through a platform approach”, the company told its shareholders.

The decision effectively moves the 55% holding in the Egyptian operation from UK-based Vodafone group, continuing a process that started some years ago.

For example, five years ago Vodacom acquired Vodafone’s 35% stake in Kenya’s Safaricom. And last year the successful bidder for Ethiopia’s new telecoms licence, a consortium including Vodafone, Vodacom and Safaricom, was put under Safaricom’s control.

Joosub said that Egypt offers Vodacom a transformational opportunity to expand its M-Pesa offering, because more than 80% of its 100 million people are unbanked. M-Pesa has been the outstanding success of Safaricom, inspired by Michael Joseph, CEO of Safaricom for 11 years and then the Vodafone group’s head of mobile money.

www.capacitymedia.com

Vodacom ‘to benefit from Vodafone Egypt’s software factory’ after $2.7bn deal approved

Vodacom shareholders have approved a proposal to buy a controlling 55% stake in Vodafone Egypt for the equivalent of US$2.68 billion.
www.capacitymedia.com www.capacitymedia.com
 
game over said:
Yes, they are all standard houses well built with water indoor, electricity, toilets indoors, accessible etc..
they aren’t slums like in Kenya towns, are they ?
Click to expand...
Hayo ni yako, km caption umeshindwa kuivumilia pole
 
game over said:
Our towns despite being huge than yours, they are made up of decent houses that are standard with minimum qualifications for humans to inhabit.
There aren’t any slums. are they ?
Click to expand...
Hku kwetu hzo ni villages mtu wangu, hata mashinani kw levels hzo we bado utakuwa ni wa tabaka la chini
 
Hapa ni magomeni,mara ya kwanza ilikuwa ina nyumba low standard lakini serikali iliamua kubomoa nyumba zote na kuwajengea wananchi nyumba za ghorofa kabisa tena watagawiwa bure kabsa.

Kenya maisha kama haya hayapo lakini ukiwaona wanajigamba mtandaoni utafkiri wapo Europe kumbe 65% ya wakenya ata uhakika tu wa kula hawana

NB;Mradi upo 100% muda sio mrefu zitakabidhiwa kwa wananchi na watapewa hati kama wamiliki halali
View attachment 2094238View attachment 2094239View attachment 2094240View attachment 2094242
images.jpg
 
The best 007 said:
Wanajaribu kumsifia mama kwa miradi aliyoianzisha Magu lkn waapiii ngoma inagoma
Click to expand...
Hakuna mnachokijua kuhusu siasa,Mkapa alianzisha miradi,ikamaliziwana kikwete,Kikwete akanzisha miradi Kama mwendokasi,Kigamboni bridge,TAZAM highway,Terminal 3,seokndari za kata, nk.Magufuli alianzisha miradi pia,na Samia ataanzisha miradi itamalizwa na ajaye na ajaye atamaliza na kuanzisha mirad
 
komora096 said:
Kumbe mnafahamu km slums kenya zinahesabika, afadhali manake nyie kwenu uswazi umetapakaa mpka huwezi jua wapi ni wapi..
Vumbi kuruka..
Click to expand...
tuambie basi ni ngapi ? Nitakupea chapo na fanta baridiiii,ili uvimbe kibera nzima ,slum ni ngapi?
 
Tanzanian GDP = $65B
Tanzanian total debts = $36B

Wenye akili wafanye hesabu ya debt: GDP tucheke pamoja😂😂
 
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