Vodacom half-year profit surges 25.7% on Africa-wide growth, Safaricom deal

Shoppers chat at the entrance of a South African telecoms operator Vodacom shop in Johannesburg, South Africa, 4 February 2026. Reuters/Siphiwe Sibeko/File Photo

The company, majority-owned by Britain's Vodafone, said its headline earnings per share jumped to R5.87 in the six months ended 30 September from R4.67 a year earlier

Revenue rose 25.6% to R102.5bn ($6.26bn), reflecting the consolidation of Safaricom from the second quarter.

Service revenue grew 29.4% in rands and increased 13.3% on a pro forma basis, which includes Safaricom in the comparative period.

A recovery in South Africa's prepaid market supported growth from all markets, particularly Kenya, Egypt, Tanzania, Democratic Republic of Congo and Lesotho, Shameel Joosub, Vodacom Group CEO said.

The company declared an interim dividend of 355c per share, up 7.6%.