Vodacom has spent R4 Billion rand over the last four years on power generation related costs

Vodacom has spent R4 Billion rand over the last four years on power generation related costs

Vodacom reported their full year numbers to the end of March 2023 today. The international businesses and the companies ability to take advantage of a weaker rand made up for a subdued result in South Africa as the economy continues to be hampered by severe electricity shortages. This year alone Vodacom has spent R300 million on fuel, batteries and generators.