Lerato Motsei, Executive Head Of Research And Innovation From Dimension Seven

Loading player...
Gugu Mfuphi talking African Economies: Zambia Cancels Licence Of Vodafone Franchise Holder Citing Poor Capacity with Lerato Motse
Zambia’s communications regulator said on Thursday it had cancelled the licence for Vodafone’s local franchise holder, citing a lack of technical and financial capacity.
Vodafone in 2016 licenced Afrimax, a telecommunications service provider in sub-Saharan Africa to offer customers high speed 4G data services using the Vodafone Zambia brand.
The company, registered as Mobile Broadband Ltd has lately been experiencing operational problems and issued a statement in July saying its shareholders had failed to recapitalise it.
Zambia Information and Communications Technology Authority said in a statement Vodafone Zambia would cease to operate from Oct. 20.
“The Zambia Information and Commmunications Technology Authority has cancelled network and service licences issued to Mobile Broadband Limited trading as Vodafone Zambia Limited,” it said in a statement.
“The cancellation is on the grounds that Mobile Broadband Limited has ceased to fulfil the eligibility requirements … by not being technically and financially capable of meeting the obligations and terms and conditions of the licence.”
No one at the company was immediately available to comment.
30 Sep 2019 12PM English South Africa Business News · Investing

Other recent episodes

The Unseen Household Tax of Global Tensions

Old Mutual’s Financial Education Programme Manager, Thabo Hollo explains how global geopolitical tensions — from oil supply shocks to inflation risks — are silently eroding household budgets. He outlines the four steps consumers should take now to protect their financial wellbeing.
30 Apr 4PM 9 min

How Online Gambling Is Reshaping SA Spending

Online betting has overtaken casinos as South Africa’s biggest gambling channel. Reona Chetty from Vouch SA explains the data behind the boom, the behavioural patterns emerging in card transactions, and the financial red flags households should watch for.
30 Apr 4PM 15 min

How to Stay Financially Afloat in 2026

With inflation rising, fuel costs climbing, and real salaries slipping, more households are using credit just to get through the month. Momentum’s Salem Nyati breaks down the behavioural shifts, the warning signs of debt distress, and the practical steps families can take to regain control.
30 Apr 4PM 9 min

SA Salary Index: Why Real Earnings Are Falling Behind

South Africans are earning slightly more on paper — but losing ground in reality. Economist Elize Kruger unpacks the latest PayInc Net Salary Index, the 1% real decline in earnings, and why rising fuel prices and corporate caution could squeeze households even further in 2026.
30 Apr 4PM 15 min

How Currency Volatility Is Hitting South African SMEs

A new Verto report warns that currency volatility is now a bigger threat to SME margins than logistics. Rumbi Shoniwa from Verto SA explains how FX swings erode profits and the practical steps SMEs can take to protect themselves.
29 Apr 3PM 11 min