Besiimire responds to Vodacom Tanzania’s 69.4% surge in FY2025 performance

By InstinctBusiness May 21, 2025 0

Philip Besiimire, CEO and Managing Director of Vodacom Tanzania, expressed immense pride and enthusiasm for the company’s stellar performance in FY2025, as outlined in their recent financial results.

Besiimire hailed the year as a testament to purpose-driven growth, with service revenue soaring 20.5% to TZS 1.52 trillion ($561.9 million) and net profit surging 69.4% to TZS 90.5 billion ($33.4 million).

“I’m humbled and thrilled by what #TeamVodacom has accomplished,” he remarked, expressing confidence in an even stronger FY26. He sees Vodacom Tanzania as not just a telecom provider but a catalyst for connecting Tanzanians to a brighter, more inclusive digital future

Besiimire attributed this success to the robust growth of M-Pesa and mobile data, alongside strategic network investments, which solidified Vodacom’s role in advancing Tanzania’s digital landscape.

Besiimire was particularly thrilled by M-Pesa’s 29.3% growth, now accounting for 39% of service revenue, driven by innovative offerings like M-Koba, M-Wekeza, and short-term financing. He highlighted the 21.6% rise in mobile data revenue, fueled by expanded 4G and 5G infrastructure and increased smartphone penetration.

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Reflecting on the TZS 175 billion invested in digital infrastructure, he emphasized Vodacom’s commitment to bridging connectivity gaps, noting that 22.6 million Tanzanians now rely on the company for economic and digital empowerment.

Beyond financials, Besiimire underscored Vodacom’s purpose-led initiatives, beaming with pride over the impact of M-Koba, which enabled 1.3 million Tanzanians to save collectively, and the company’s environmental efforts, including planting 50,000 trees through the Twende Butiama initiative. He also celebrated Vodacom’s early certification under Tanzania’s new Data Protection Act, reinforcing trust and transparency.

Besiimire credited the company’s achievements to its dedicated team and strong customer trust, emphasizing that prioritizing customer and employee welfare drives both business growth and shareholder value.