Concerns were raised about the potential negative consequences on employees, shareholders, public finances, network investment, coverage, and social programs.
Vodacom
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In addition to her executive and governance roles, Morathi holds a 0.01-percent stake in Vodacom, owning 243,554 shares valued at $1.38 million.
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His compensation package includes a R16.64-million ($0.88 million) base salary, accompanied by a short-term incentive of R14.03 million ($0.74 million).
- Southern Africa
Africa’s first Black billionaire-linked telecom firm to state case in Vodacom-BVI merger
Rain Limited is a South African mobile communications company partly owned by Paul Harris, Michael Jordaan, and Patrice Motsepe
- Hot News
Vodacom Group acquires stake in South African billionaire Johann Rupert-linked investment holding
CIVH is a holding majority-owned by South African billionaire Johann Rupert’s Remgro Limited.
- East Africa
Huawei teams up with Safaricom to offer innovative solutions for restaurants
by Ishioma Emiby Ishioma EmiThe Scan & Order solution will help digitize menus and ordering systems.
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MTN and Safaricom are fighting to clinch market share in the Ethiopian telecom sector.Â