Vodacom posts 4.7 percent revenue growth on data

Vodacom posts 4.7 percent revenue growth on data

Dar es Salaam. Vodacom Tanzania’s revenues grew by 4.7 percent during the six-month period from April 1 to September 30, 2022, thanks to sustained double-digit rise in income from data.

The only telecommunication company operating in Tanzania listed on the Dar es Salaam Stock Exchange (DSE) reported Sh507.991 billion in revenues during the period, up from Sh484.981 billion that was registered during a similar period last year.

While M-Pesa remains the major source of money amid a sustained decline in income from mobile voice, it is actually data that has emerged as the fastest growing revenue-generating stream for Vodacom during the period under review.

Mobile data revenue increased 29.9 percent to Sh125.9 billion.

This puts data as the third highest source of revenue for Vodacom Tanzania, contributing 24.8 percent of service revenue, the company’s interim condensed consolidated financial results for the period ended 30 September 2022, shows. At Sh169.6 billion and Sh143.8 billion, M-Pesa and mobile voice remain the first and second highest sources revenue for Vodacom Tanzania respectively.

This, according to the financial results, was due to 28.3 percent improvement in the average amount that subscribers spent on data (Average Revenue Per User – ARPU) during the period.

“….this reflects strong demand for data services as a result of our continued investment into the network and acceleration of smartphone adoption,” the company says in its financial statement, adding that during the period, monthly average usage per customer grew 28.6 percent to 2.0 gigabyte.

Similarly, smartphone users on Vodacom’s network grew 18.2 percent to 4.7 million representing 58.8 percent penetration to data customer base, thanks primarily to the firm’s commercial initiatives in driving smartphone adoption and conversion, including investment in device subsidy and expanding our share of open market device sales.

While M-Pesa is also seen to be on the recovery, the company says, the rise in revenue was also partly supported by another double-digit growth in revenue from fixed services.

“The decision by the government to review levies on mobile money transfer and withdrawal transactions introduced on 15 July 2021, is a welcome move. The reduction is particularly relevant to our peer-to-peer and cash-out transactions which posted a modest recovery in the second quarter and our ability to expand financial inclusion to more Tanzanians,” Vodacom Tanzania’s managing director, Mr Philip Besiimire, said.

M-Pesa customers recovered to 7.7 million, up 19.5 percent.

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Tanzania Declares Marburg Outbreak – Africa CDC Mobilizes Immediate Response
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Tanzania Declares Marburg Outbreak – Africa CDC Mobilizes Immediate Response

Tanzania Declares Marburg Outbreak – Africa CDC Mobilizes Immediate Response

Addis Ababa, January 20, 2025</Strong> — Tanzania has declared a Marburg virus disease (MVD) outbreak after confirming one case and identifying 25 suspected cases in the Kagera Region of Northwestern Tanzania. The Marburg virus, a highly infectious and often fatal disease, is similar to Ebola and is transmitted to humans from fruit bats and monkeys. This outbreak marks the nation’s second encounter with the deadly virus, following the outbreak in Bukoba District of Kagera Region in March 2023, which resulted in nine cases and six deaths.

In response to this urgent threat, the Africa CDC is mobilizing strong support to help Tanzania contain the outbreak. A team of twelve public health experts will be deployed as part of an advance mission in the next 24 hours. The multidisciplinary team includes epidemiologists, risk communication, infection prevention and control (IPC), and laboratory experts to provide on-ground support for surveillance, IPC, diagnostics, and community engagement.

The Director-General of Africa CDC, Dr. Jean Kaseya, has engaged with Tanzania’s President Samia Suluhu Hassan and the Minister of Health to ensure coordinated efforts and secure political commitment for the response.

“Africa CDC stands firmly with Tanzania in this critical moment. To support the government’s efforts, we are committing US$ 2 million to bolster immediate response measures, including deploying public health experts, strengthening diagnostics, and enhancing case management. Building on Tanzania’s commendable response during the 2023 outbreak, we are confident that swift and decisive action, combined with our support and those of other partners, will bring this outbreak under control,” Dr. Kaseya stated.

Africa CDC has recently supported efforts to enhance the diagnostic and sequencing capacity of public health laboratories in Tanzania. PCR Test kits and genomic sequencing reagents have been dispatched, with additional supplies in the pipeline. To ensure rapid identification and confirmation of cases, the institution will also provide technical assistance to strengthen detection and genome sequencing for better characterization of the pathogen. Additionally, support will be provided to improve case management protocols and enhance the capacity to deliver safe and effective treatment.

Africa CDC is committed to working closely with the Government of Tanzania, regional partners, international organizations, and global stakeholders, including the World Health Organization, to stop the spread of the Marburg virus.

Source: allafrica.com

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