Vodacom’s full year net profit inches lower

Mobile giant, Vodacom's reported a 4.3% rise in annual revenue but for the first time in four years the company's registered a decline in net profit. That's as a fall in data prices and the costs associated with the group's new BEE ownership deal weighed.

Vodacom CEO Shameel Joosub spoke to Business Day TV about the decline and the company’s strategy moving forward