A Vodacom retail store. The firm saw its revenues grew by 3.1 per cent to $217.22 million, driven by data and M-Pesa — despite a continuation of the market pricing pressure seen from the final quarter of the previous financial year. PHOTO FILE | NATION
Vodacom Tanzania's net profit for the six months to September doubled from $8.02 million in the same period last year to $16.79 million due to cost optimisation measures and the growth of M-Pesa and data business.
The Dar es Salaam Stock Exchange-listed firm also saw its operating profit grow 29.7 per cent to $21.37 million.