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MNG3701 ASSIGNMENT 1 SEMESTER 2 VODACOM GROUP

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1. Explain concept of sustainability 2. Discuss Vodacom's commitment towards the SGDs 3. Vodacom is not just doing business as usual smart goals to vodacom how above meets the principles 4. mission statement for vodacom

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  • July 8, 2024
  • 11
  • 2023/2024
  • Essay
  • Unknown
  • A

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  • mng3701 assingment 1 semester 2

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MNG3701 ASSIGNMENT 1 SEMESTER 2



2024

, Vodacom Group Limited's Integrated Report for the Year Ended 31 March 2022

Introduction

Vodacom Group Limited, a leading African communications company providing a wide
range of services including voice, messaging, data, and converged services to over 123
million customers, released its integrated report for the fiscal year ending 31 March 2022.
This report highlights Vodacom’s strategic, operational, and financial performance, while
emphasizing its commitment to sustainable development and digital inclusion across its
markets.

Vodacom's strategy is centered around driving digital transformation, expanding its
ecosystem, and delivering superior customer experience. The company’s focus on
connectivity and digital services has enabled it to maintain a strong market position despite
the challenging macroeconomic environment. Key strategic initiatives included the
expansion of its financial and digital services, the enhancement of network quality, and the
pursuit of new growth opportunities through strategic partnerships and acquisitions.



Vodacom demonstrated robust financial performance in the fiscal year 2022. The group
reported a revenue of R102.7 billion, reflecting a 4.5% increase from the previous year. This
growth was primarily driven by increased data usage, a rise in customer numbers, and the
continued expansion of financial services. Earnings before interest, tax, depreciation, and
amortization (EBITDA) grew by 5.2% to R41.5 billion, underscoring efficient cost
management and operational excellence.



Investment in network infrastructure remains a core component of Vodacom’s strategy. In
FY 2022, the company invested R13.3 billion in capital expenditure to enhance network
capacity, improve coverage, and support the rollout of 5G technology. These investments
are crucial for meeting the growing demand for high-speed internet and supporting the
digital transformation of businesses and consumers.

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