Vodacom posts Sh90.5bn net profit as shareholders approve higher dividend
Vodacom Tanzania board chair David Tarimo (centre) with managing director Philip Besiimire and head of finance Hilda Bujiku during the company’s Annual General Meeting in Dar es Salaam yesterday. PHOTO | CORESPONDENT
Dar es Salaam. Vodacom Tanzania has reported Sh90.5 billion profit after tax for the year ended March 31, 2025, as the company implemented cost efficiency initiatives amid growing service revenue.
Service revenue grew by 20.5 percent to Sh1.5 trillion, driven by rising demand for mobile financial services and data, according to the company which held its annual general meeting yesterday.
