Vodacom has agreed to cut headline data prices, Shameel Joosub, Vodacom Ceo

Loading player...
Vodacom has agreed to cut headline data prices and will expand its zero-rating of certain websites in an agreement with the Competition Commission.

The settlement is a moderation by the commission of its previous hard-line approach contained in its final report into the data services market, released in early December.
Vodacom said the agreement will pass R2.7-billion/year back in value to its customers. Group CEO Shameel Joosub said the agreement is a “social contract” to bring down the cost to communicate.
11 Mar 2020 8AM English South Africa Business News · Investing

Other recent episodes

BofA Slashes SA Growth Forecast as Inflation Surges

Bank of America has cut South Africa’s 2026 GDP growth forecast to 1.3%, warning that higher oil and fertilizer prices will keep inflation above 4% for most of the year. Economist Tatonga Rusike explains
23 Apr 3PM 11 min

Understanding SA’s First Wealth Score

Franc unveils South Africa’s first-ever Wealth Score, revealing that financial habits—not income—are the strongest predictor of financial health. We unpack why SA’s national score is 45/100 and the behavior gap between knowing and doing with Dr. Thomas Brennan, founder and CEO of Franc.
23 Apr 3PM 13 min

Clicks Lifts HEPS 8% Despite Warehouse Disruptions.

Clicks delivered firm interim results with diluted HEPS up 8.1%, even as warehouse system delays cost an estimated R175 million in lost sales. CEO Bertina Engelbrecht discusses pharmacy growth, trading margins, and festive‑season competition.
23 Apr 2PM 16 min