Vodacom Sees Revenue And Service Growth As Egypt And Financial Services Offset South Africa Pressures

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Vodacom Group has reported its revenue and service revenue growth for the quarter ended 31 December 2025, driven primarily by strong performances in Egypt, international operations, and financial services, while South Africa continued to face consumer and competitive pressures.

Group revenue rose 11.0 percent year on year to R43.9 billion, with service revenue increasing by 12.7 percent. On a normalised basis, which adjusts for currency movements and one-off impacts, service revenue growth accelerated to 13.6 percent, tracking favourably against the Group's medium-term target.

Financial services remained a key growth engine, with revenue increasing by 24.7 percent to R4.5 billion. Across Vodacom's mobile money platforms, including Safaricom, transaction value reached US500.7 billion over the last twelve months, underlining the scale and importance of fintech within the Group's strategy.

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