load shedding woes are extending to other operating markets in Africa and threatening to inflate its costs.
Despite these challenges, Vodacom Group said superior network availability is one of its competitive advantages Vodacom said its network availability in South Africa has dropped by only 2.3% between 2021 to 2023, despite grid power availability plummeting by 23.5% in the same period. Mitigating the effects of load shedding, however, does not come cheaply, and Vodacom has had to invest “substantially” in battery backup power in South Africa – and it looks like Lesotho, Kenya, Ethiopia and Egypt must follow suit.
Vodacom owns 5.7% of the Ethiopia business through Safaricom, servicing 4.3 million customers with an Arpu of R17/month.
Source: Financial Digest (financialdigest.net)
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Africa: As East Africa Grows, Southern Africa Is Being Left BehindAnalysis - Why is Southern Africa's economic growth the worst of all Africa's regions, while East Africa is number one?
Source: allafrica - 🏆 1. / 99 Read more »
Africa: China-Africa Trade Cooperation Fosters Inclusive, Sustainable Growth in AfricaChina-Africa trade cooperation is playing a pivotal role in fostering inclusive and sustainable development across Africa, according to a senior official with the United Nations Conference on Trade and Development (UNCTAD), Xinhua reports.
Source: allafrica - 🏆 1. / 99 Read more »
Source: ITNewsAfrica - 🏆 27. / 59 Read more »
Source: TechCentral - 🏆 8. / 71 Read more »
Source: mybroadband - 🏆 11. / 67 Read more »
Source: mybroadband - 🏆 11. / 67 Read more »