South African telecommunications group Vodacom reported a 32% rise in interim profit for the first half of its 2025 financial year, buoyed by robust service revenue growth and expanding data usage across its African markets, the company said in a statement on Monday.
Vodacom’s headline earnings per share (HEPS), the key profit measure in South Africa, rose to R6.48, compared with R4.91 a year earlier. The company said service revenue grew 8.7%, driven by mobile data, financial services, and increased customer engagement in markets such as Tanzania, Mozambique, and the Democratic Republic of Congo.
Group CEO Shameel Joosub attributed the strong performance to “strategic investments in network modernization and digital inclusion initiatives” that continue to strengthen Vodacom’s position as Africa’s leading connectivity provider. “Our diversified portfolio has helped cushion against macroeconomic volatility across the region,” Joosub said.
Analysts cited by Reuters noted that Vodacom’s results reflect a healthy rebound in consumer spending and rising adoption of mobile financial services. The company reaffirmed its full-year outlook, with expectations of continued revenue growth and stable margins despite inflationary pressures in several of its key markets.
