Load-shedding dims Vodacom's performance
Load-shedding dims Vodacom's performance

Load-shedding dims Vodacom's performance

Lungelo Mpangase

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Load-shedding has dimmed Vodacom's annual performance. The mobile operator spent more than R4bn on alternative energy sources over the last two years and an extra R300m to operate and maintain it. As a result, profit edged up by just 2.1% while the dividend was slashed by more than a fifth. Business Day TV unpacked the performance with the company's CEO, Shameel Joosub.

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