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

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

Engineering Through Headwinds: Leoka’s 10‑Year Growth Story

Leoka Engineering founder Katlego Makgata reflects on a decade of building a 100% Black‑owned EPCM firm in one of South Africa’s toughest sectors. We discuss OR Tambo’s mission‑critical operations and the digital innovations shaping the next era of African engineering.
29 Apr 3PM 18 min

The New Rules of SME Resilience in 2026

Merchant Capital CTO David Reynders joins us to unpack how South African SMEs are navigating a volatile economy. We explore cash‑flow discipline, cost‑cutting without damaging growth, and why “cash buys you time.”
29 Apr 3PM 13 min

South Africa’s Fuel Relief Extended

The government has extended the temporary fuel levy cut—but what does this mean for inflation, household budgets, and the Reserve Bank’s rate path? PSG Chief Economist Johann Els explains.
29 Apr 3PM 11 min

Easter on a Budget: How South Africans Navigated the Fuel Spike

Lightstone Retail’s Mohit Narotam breaks down new mobility data showing how South Africans re‑engineered their Easter travel plans to beat one of the biggest fuel hikes in years. From early departures to shorter trips and smarter refueling
29 Apr 3PM 12 min