Vodacom Tanzania posts Sh53bn 3rd quarter profit

Vodacom Tanzania board chairman Judge (retired) Thomas Mihayo (second left), addresses the media after the company’s 2024 shareholders meeting in Dar es Salaam. Others from left include Vodacom Tanzania managing director Philip Besiimire, board member Margaret Ikongo and the company’s chief financial officer Hilda Bujiku. PHOTO | COURTESY

What you need to know:

  • The company’s net profit after tax increased by about 200 percent to Sh53.4 billion from Sh17.7 billion recorded during the same period in 2023