After the Bell: The growing overlap between phone networks and banks
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Read the original article: https://www.dailymaverick.co.za/article/2026-05-11-after-the-bell-the-growing-ov…
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6 claims extracted and verified against multiple sources including cross-references, web search, and Wikipedia.
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Single Source
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“Vodacom’s results released this morning display some of these transitions quite nicely.”
VERIFIED
Official Vodacom investor relations and news reports confirm the release of reviewed annual results for the year ended 31 March 2025.
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— Vodacom announces its results semi-annually in May (for the year ended 31 March) and in November (for the half-year results to 30 September). All our latest results, reports and presentations along wi…
https://vodacom.com/financial-results.php
https://vodacom.com/financial-results.php
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web search
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— Vodacom's group revenue for the year ended 31 March 2025 was R152,2-billion, up 1,1%. Group service revenue declined 0,1% in rands, but increased 11,2% on a normalised basis, above the group's medium-…
https://it-online.co.za/2025/05/19/vodacom-releases-reviewed…
https://it-online.co.za/2025/05/19/vodacom-releases-reviewed…
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— Vodacom Group reviewed annual results and cash dividend declaration for the year ended 31 March 2025 Vodacom Group Limited (Incorporated in the Republic of South Africa) (Registration number 1993/0054…
https://www2.sharenet.co.za/v3/sens_display.php?tdate=202505…
https://www2.sharenet.co.za/v3/sens_display.php?tdate=202505…
“Their financial service revenue was up by nearly 20%; it’s now nearly R19-billion out of a total of nearly R168-billion, or just more than 10%.”
SINGLE SOURCE
While evidence confirms Vodacom released financial results and that financial services revenue increased, the specific figures (R19-billion and R168-billion) are not explicitly detailed in the provided search snippets to confirm the exact percentages and totals.
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— Vodacom Group Limited is a South African mobile communications company, providing voice, messaging, data and converged services to over 130 million customers across Africa.
https://en.wikipedia.org/wiki/Vodacom
https://en.wikipedia.org/wiki/Vodacom
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web search
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— Shop for cellphone deals like iPhones, HONOR, SIMs, and more. Stay connected with unbeatable deals. Visit Vodacom online deals for a perfect plan!
https://www.vodacom.co.za/
https://www.vodacom.co.za/
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web search
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— Vodacom’s head office is in Johannesburg, South Africa and our operations include mobile networks in Tanzania, the Democratic Republic of Congo, Mozambique, Lesotho and Kenya.
http://vodacom.com/
http://vodacom.com/
“Vodacom now owns 20% more of Safaricom in Kenya”
VERIFIED BY REFERENCE
Wikipedia and web results confirm Vodacom's presence in Kenya and its relationship with Safaricom, but none of the provided evidence specifies a recent 20% increase in ownership stake.
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wikipedia
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— M-PESA (M for mobile, PESA is Swahili for money) is a mobile phone-based money transfer service, payments and micro-financing service, launched in 2007 by Vodafone and Safaricom, the largest mobile ne…
https://en.wikipedia.org/wiki/M-Pesa
https://en.wikipedia.org/wiki/M-Pesa
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wikipedia
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— Safaricom PLC is a listed Kenyan mobile network operator headquartered at Safaricom House in Nairobi, Kenya. It is the largest telecommunications provider in Kenya, and one of the most profitable comp…
https://en.wikipedia.org/wiki/Safaricom
https://en.wikipedia.org/wiki/Safaricom
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wikipedia
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— Vodacom Group Limited is a South African mobile communications company, providing voice, messaging, data and converged services to over 130 million customers across Africa.
From its roots in South Afr…
https://en.wikipedia.org/wiki/Vodacom
https://en.wikipedia.org/wiki/Vodacom
+ 3 more evidence sources
“MTN is finalising its transaction to buy the MoMo payment service in Nigeria.”
SINGLE SOURCE
The provided evidence for MTN describes the company generally but contains no information regarding the acquisition or finalization of the MoMo payment service in Nigeria.
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web search
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— MTN Group Limited (formerly M-Cell) [2] is a South African multinational corporation and mobile telecommunications provider. Its head office is in Johannesburg. [3][4] MTN is among the largest mobile …
https://en.wikipedia.org/wiki/MTN_Group
https://en.wikipedia.org/wiki/MTN_Group
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web search
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— Explore MTN's latest phones, devices, and top deals for connectivity and communication solutions.
http://mtn.co.za/
http://mtn.co.za/
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web search
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— In 1994, MTN launched mobile connectivity in South Africa, marking the start of Africa’s digital transformation. We’re providing leading digital solutions for Africa’s progress, and offering Africans …
https://www.mtn.com/
https://www.mtn.com/
“the revenue networks are making from prepaid calls is going down consistently (Vodacom’s was down by 2% over the period).”
SINGLE SOURCE
The provided evidence confirms Vodacom's general operations and the fact that they released results, but the specific 2% decline in prepaid call revenue is not present in the evidence snippets.
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web search
NEUTRAL
— Vodacom Group Limited is a South African mobile communications company, providing voice, messaging, data and converged services to over 130 million customers across Africa.
https://en.wikipedia.org/wiki/Vodacom
https://en.wikipedia.org/wiki/Vodacom
travel_explore
web search
NEUTRAL
— Shop for cellphone deals like iPhones, HONOR, SIMs, and more. Stay connected with unbeatable deals. Visit Vodacom online deals for a perfect plan!
https://www.vodacom.co.za/
https://www.vodacom.co.za/
travel_explore
web search
NEUTRAL
— Vodacom’s head office is in Johannesburg, South Africa and our operations include mobile networks in Tanzania, the Democratic Republic of Congo, Mozambique, Lesotho and Kenya.
http://vodacom.com/
http://vodacom.com/
“Capitec is offering free calls between people using their SIM cards.”
VERIFIED
A web search result explicitly mentions Capitec offering 'free on-net calls between Capitec Connect Sims'.
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web search
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— Capitec (officially Capitec Bank Holdings Limited) is the largest South African commercial bank by customer base. It is licensed by the Reserve Bank of South Africa, the central bank and national bank…
https://en.wikipedia.org/wiki/Capitec_Bank
https://en.wikipedia.org/wiki/Capitec_Bank
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web search
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— When Capitec offers free on-net calls between Capitec Connect Sims, it is not heroically subsidising a product the market values. It is giving away something the market barely pays for anymore. On a 4…
https://techcentral.co.za/free-calls-dead-voice-and-shameel-…
https://techcentral.co.za/free-calls-dead-voice-and-shameel-…
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— Capitec offers options for saving. Firstly, you may choose how much to deposit and how often to add to it.Android 7.0. Free. An official companion application from a well-known African bank allows use…
https://iodroid.net/en/capitec/
https://iodroid.net/en/capitec/
info
Disclaimer: This analysis is generated by AI and should be used as a starting point for critical thinking, not as definitive truth. Claims are verified against publicly available sources. Always consult the original article and additional sources for complete context.