Vodacom revenue surges 25.6% to R102.5bn & Just 6% of RAF payouts go towards medical care

 

Stephen Grootes speaks to Shameel Joosub, CEO of Vodacom Group, about the telecoms giant's interim results, which saw revenue rise 25.6% to R102.5 billion and headline earnings per share increase 25.7%. The strong performance was supported by growth across its African operations and the consolidation of Safaricom, although the acquisition faces a legal challenge in Kenya. 

In other interviews, Dr David Rodda, Actuary at Colourfield Liability Solutions and lecturer at University of the Witwatersrand talks about the fund's worsening financial crisis and how compensation is paid to road accident victims. The research reveals that just 6% of RAF payouts go towards medical care, while 53% is spent on loss-of-income claims. 

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