MANI ONFIRE

Psychopathic Wordplay, Schizophrenic Flow.

Creative Mercenary. Cashless Connoisseur.

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"YOU NEED TO SUSTAIN TO MAINTAIN " - MANI ONFIRE #MAINTAIN

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54 Collective faces liquidation over misused Mastercard Foundation grant https://t.co/p5UIHpsAlu

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X

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#UFC312

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@Safaricom_Care Check DM please

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iOS 18.0.1 is a scam.

Battery drain is a serious issue 🪫

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Tuesday Tunes , Listening to jams from the pearl of Africa, gotta love that Bebe Cool 🎼

https://t.co/duWjNbWacY

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Generative AI is revolutionising communication, but an overreliance on it has the potential to lead to language atrophy, a loss of critical thinking, and an erosion of trust in human interactions.

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Back on X

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#NewProfilePic

[Tanzania Business Insight @TanzaniaInsight]

𝗧𝗘𝗟𝗘𝗖𝗢𝗠𝗦

𝗩𝗼𝗱𝗮𝗰𝗼𝗺 𝗧𝗮𝗻𝘇𝗮𝗻𝗶𝗮'𝘀 𝘀𝗲𝗿𝘃𝗶𝗰𝗲 𝗿𝗲𝘃𝗲𝗻𝘂𝗲 𝗵𝗶𝘁𝘀 𝗧𝗭𝗦 𝟭.𝟯 𝘁𝗿𝗶𝗹𝗹𝗶𝗼𝗻 𝗮𝘀 𝘀𝘂𝗯𝘀𝗰𝗿𝗶𝗯𝗲𝗿𝘀 𝘀𝗼𝗮𝗿

◾Revenue surge was driven by strong growth in mobile money and data services

◾M-Pesa accounts for 36.3% of Vodacom's revenue, followed by data (27.6%)

May 10, 2024

𝘽𝙮 𝙏𝘽𝙄 𝙍𝙚𝙥𝙤𝙧𝙩𝙚𝙧
Dar es Salaam

Vodacom, the largest mobile phone company in Tanzania, said today service revenue increased by 19.4% in the year ended March 31 to TZS 1.258 trillion, driven by double-digit growth in mobile money and data.

The mobile network operator said it made an operating profit of TZS 134.3 billion in the year ended 31 March 2024, representing a growth of 64.8%

Net profit after tax rose by about 20% to TZS 53.4 billion.

The improvement in profitability was attributed to the growth in service revenue and cost containment initiatives which delivered cost savings
of more than TZS 70 billion for the company.

Vodacom Tanzania said its customer base grew 16.9% to 19.6 million in the year ended March 2024, helping it to consolidate it's 30.5% market share, ahead of rivals Tigo, Airtel and Halotel.

The number of M-Pesa mobile money customers grew 24.1% to 10.2 million, while mobile data customers grew 15.1% to 10.1 million.

"Service revenue growth was underpinned by M-Pesa and data, both delivering double-digit growth rates," said Philip Besiimire, Vodacom Tanzania's Managing Director (pictured).

"Revenue generated through our new services in M-Pesa, digital and VAS (value added services), and fixed services continued to grow, contributing 25.1% of our service revenue."

Other key numbers:

🔴 M-Pesa revenue ⬆️27.8% to TZS 456.3 billion

🔴 Mobile data revenue ⬆️26.9% to TZS 347.3 billion

🔴 Mobile voice revenue ⬆️2.7% to TZS 285.8 billion

🔴 Digital & VAS revenue ⬆️8.2% to TZS 38.7 billion

🔴 Mobile incoming revenue ⬆️4.4% to TZS 48.4 billion

🔴 Fixed data revenue ⬆️57.6% to TZS 30.7 billion

🔴 Average Revenue Per User (ARPU) ⬆️3.7%

🔴 EBITDA ⬆️19.7% to TZS 394.2 billion

🔴 Total operating expenses ⬆️18.9% to TZS 464.5 billion

🔴 CAPEX was TZS 170.1 billion, equivalent to 13.3% of revenue

#VodacomTzResults

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Jeff Daniels

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Women should be celebrated everyday.

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January is TikTok kwa wingi and water for lunch 😂

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Closed at 140,000 TZS

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My entertainment budget for December is ZERO 😭

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The feed is really messed up, been back for a day and nothing seems right on X

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Great message from the central bank, what it’s missing is tips on how to prevent currency mutilation.

Invest in a quality wallet, Go cashless and use digital payments if possible ….

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Marathons are now a norm, and Awards are the new fad, and boy do we love awards .

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Your Chat GPT is showing…

“Thrills” this, “Unwavering” that

🤦🏾‍♂️

[MANI ONFIRE @manionfire]

Cinnamon