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MarketScreener Homepage  >  Equities  >  Johannesburg Stock Exchange  >  Vodacom Group Ltd    VODJ   ZAE000132577

VODACOM GROUP LTD (VODJ)
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Vodacom : Social media backs Panyaza Lesufi's challenge for Vodacom to pay

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01/23/2019 | 02:10am EST

SOCIAL MEDIA users have backed Education MEC Panyaza Lesufi’s challenge for Vodacom to pay Please Call Me inventor Nkosana Makate by January31.

In a tweet, Lesufi challenged the cellphone network to pay Makate or face the wrath of the nation. The countdown started on Sunday.

“Hi @Vodacom the countdown starts now, 11 days to go. Please #VodaPayHim by 10am, January 31 or face the wrath of the nation. We are the economy and we can shut it down. We are inundated with messages of support.

Let’s avoid this, please #VodaPayHim#VodaCountdown11.”

Lesufi’s tweets follow the network operator’s announcement early this month that it had reached a settlement with Makate and would pay reasonable compensation to him for his call-back service idea. Makate, however rejected the announcement.

The battle between Vodacom and Makate dates back over a decade.

People have rallied behind Lesufi, some even threatening to leave the network operator if they did not pay.

Twitter user @LHadebe said: “I am fine without my @Vodacom services the same way I said bye-bye to OUTsurance just felt like tagging some friends I have since walked away from because they gave me bad service. @vodacom please pay the guy his money.” Rudzani Matshili

(c) Pretoria News 1999 - 2019 Independent Newspapers (Pty) Limited. All rights strictly reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials (ZAR)
Sales 2019 90 410 M
EBIT 2019 24 526 M
Net income 2019 14 887 M
Debt 2019 22 991 M
Yield 2019 6,57%
P/E ratio 2019 14,13
P/E ratio 2020 12,50
EV / Sales 2019 2,86x
EV / Sales 2020 2,69x
Capitalization 235 B
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Number of Analysts 11
Average target price 145  ZAR
Spread / Average Target 13%
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Managers
NameTitle
Mohamed Shameel Aziz-Joosub Chief Executive Officer & Executive Director
Phillip Jabulani Moleketi Independent Non-Executive Chairman
Till Streichert Chief Financial Officer & Executive Director
Andries Daniel Jan Delport Chief Technology Officer
Michael Joseph Non-Executive Director
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