Speaking to the press after the Annual General Meeting,
"Our excellent financial and operational results are a testament to the quality of the Company's purpose-led strategy and its ability to execute a deliberate plan aimed at connecting people to a better future.
Despite global social-economic turbulences and a highly competitive market environment, the Company performed well financially and maintained its leading position in terms of market share and customer net promoter score,"
M-Pesa revenue grew by 8.4 per cent to bring in 357.1bn/- to
The company has continued with its service improvement strategies, supporting the government's efforts to expand communication services to rural areas by erecting 302 towers over the past decade.
"We have also contributed to economic activities by creating over 150,000 indirect jobs for Tanzanians while promoting agriculture by registering more than 3.1 million farmers in our M-Kulima which facilitates the digitization of the agriculture chain," he said.
Vodacom Tanzania Managing Director, Mr Philip Besiimire who joined the company last year, says he's been impressed by the quality of the management team and staff and the strong execution of the strategy.
Under his leadership, the company has maintained a year-on-year growth in both revenue and customers.
"Our purpose-led strategy is driving positive growth, with strong execution across strategic pillars. We maintain our leadership position in the mobile market with 30 per cent customer market share witnessing a commendable 8.9 per cent growth in customer base and a significant 15.1 per cent increase in data users, laying the groundwork for future success.
Additionally, our product M-Pesa has played an instrumental role in supporting
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