VODACOM TANZANIA REPORTS STRONG GROWTH AND PURPOSE-DRIVEN IMPACT IN FY2025

The Chairman of the Board of Directors of Vodacom Tanzania, David Tarimo (center), Managing Director Philip Besiimire (left), and Finance Director Hilda Bujiku (right), speak during the Annual General Meeting at Vodacom Headquarters in Dar es Salaam, where they announced the company’s financial results for the fiscal year 2025, highlighting strong revenue and profit growth.

Dar es Salaam, August 21, 2025 – Vodacom Tanzania PLC has announced impressive financial and operational results for the year ended 31 March 2025, highlighting strong growth, strategic investments, and continued delivery on its purpose of empowering individuals, protecting the environment, and building trust.

During the year, service revenue grew by 20.5% to TZS 1.5 trillion, driven by robust customer additions and strong uptake of M-Pesa and data services. Net profit after tax surged 69.4% to TZS 90.5 billion, boosted by efficiency measures that delivered TZS 59 billion in cost savings. Vodacom added 3 million new customers, closing the year with 22.6 million users.

M-Pesa remained a key growth driver, with revenue up 29.3% and transaction value expanding 33.8% year-on-year. The company also advanced financial inclusion with innovative services such as:

• M-Koba – a group savings platform now serving 1.3 million customers, over half of them women.
• M-Wekeza – a mobile wealth management solution that attracted TZS 25 billion in deposits within months of launch.
• Lipa kwa Simu – Vodacom’s digital payments platform, which processed over TZS 1 trillion in monthly transactions.
• Short-term loans and Songesha overdrafts, which disbursed over TZS 3 trillion, supporting individuals and merchants nationwide.

Meanwhile, mobile data revenue grew 21.6%, supported by a 33.4% increase in smartphone penetration and continued network investment. Vodacom deployed 471 new 4G sites, including 126 sites in underserved rural areasthrough a partnership with the Universal Communications Service Access Fund (UCSAF).

“Our performance this year reflects the strength of our strategy and our unwavering commitment to connecting Tanzanians to a better future. Through innovation and partnership, we are bridging the digital and financial divide,” said Philip Besiimire, Managing Director of Vodacom Tanzania.

Marking its 25th anniversary in Tanzania, Vodacom emphasized its role as a purpose-led company driving long-term impact.

“As we celebrate 25 years of positively impacting lives in Tanzania, we remain focused on delivering sustainable growth and purpose-led transformation. Our results affirm the trust our customers and shareholders place in us,” said David Tarimo, Board Chairman of Vodacom Tanzania.

Looking forward, Vodacom anticipates a stable regulatory environment and reaffirmed its commitment to further network expansion, customer experience, and digital inclusion, working closely with the government to enhance connectivity and improve living standards across the country.