{
  "id": 18670149,
  "title": "Vodacom Tanzania Profit Nearly Triples",
  "url": "https://urgent.news/2026/11/07/vodacom-tanzania-profit-nearly-triples",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-07T07:58:58.000Z",
  "source": {
    "name": "The Rio Times",
    "slug": "the-rio-times",
    "url": "https://www.riotimesonline.com/vodacom-tanzania-profit-nearly-triples-2026/"
  },
  "original_language": "en",
  "account": "Vodacom Tanzania's profit nearly tripled in the six months to September 2026, thanks to a fast-growing mobile-money business. The company's operating profit more than doubled, driven by lower depreciation after last year's network costs. Net profit after tax reached 117.8 billion shillings, a 182.7% increase from 41.7 billion shillings a year earlier. Revenue grew 19% to 1.08 trillion shillings, with service revenue rising 20.8%. EBITDA rose 33% to 425.8 billion shillings, and mobile money revenue, M-Pesa, grew 26.2% to 443.3 billion shillings. The company spent 246 billion shillings on capital projects, mainly to upgrade its radio network and expand 4G and 5G coverage. Net debt increased 43.7% to 609.3 billion shillings, or 1.4 times EBITDA.",
  "summary": "Vodacom Tanzania's net profit nearly tripled in six months to US$44 million, helped by lower depreciation, while M-Pesa revenue rose 26.2%. The post Vodacom Tanzania Profit Nearly Triples appeared first on The Rio Times .",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}