We now invest more than R11 billion a year into our South Africa infrastructure alone, which has resulted in industry-leading network availability during elevated levels of power outages and ultimately contributed to the 3.9% increase in service revenue in our largest market.
Revenue from new services - primarily financial and digital service - now accounts for almost one-fifth of its total revenue. Financial services remain a"clear strategic priority", increasing its revenue by 46% to surpass the R3 billion mark in a quarter for the first time. Vodacom's mobile money platforms processed $360.6 billion over the last twelve months, up 5.8%. M-Pesa now offers loans and services to merchants throughout its markets in east Africa.
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Strengthening South Africa's Financial System - IT News Africa | Business Technology, Telecoms and Startup NewsAccording to Managing Director of Searchworks™ South Africa’s recent greylisting by the global financial crime watchdog, the Financial Action Task Force (FATF), has thrust the country’s financial integrity into the spotlight. identityverification
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