Vodacom Tanzania Plc has reported robust financial results for the six months ended 30 September 2026, with Executive and Finance Director Hilda Bujiku attributing the performance to strong strategy execution and continued business momentum.
Strong Financial Performance Across Key Metrics
Service revenue grew 20.8 per cent to TZS 1.07 trillion (over $404 million), while EBITDA rose 33.1 per cent to TZS 425.8 billion (over $160 million). The company expanded its EBITDA margin by 4.2 percentage points to 39.5 per cent. Net profit after tax surged 182.7 per cent to TZS 117.8 billion, and operating free cash flow increased 64.3 per cent to TZS 90.3 billion.
“I am delighted to share Vodacom Tanzania PLC’s financial results for the six months ended 30 September 2026, reflecting strong execution of our strategy and continued momentum across our business,” Bujiku said.
Diversifying Beyond Traditional Connectivity
Bujiku highlighted the growing contribution of services beyond pure connectivity as a particularly encouraging development. M-Pesa, mobile data and digital services delivered strong growth, with services beyond connectivity now accounting for 47.6 per cent of service revenue.She noted that this shift reinforces Vodacom Tanzania’s progress in evolving into a diversified digital services business, reducing reliance on traditional mobile connectivity alone.
Balancing Growth, Profitability and Investment
From a finance perspective, Bujiku emphasised that sustainable growth requires more than rising revenue. It demands converting that growth into stronger profitability, healthy cash flows and long-term shareholder value, while maintaining financial discipline.
The company invested TZS 246 billion in network expansion, modernisation and technology infrastructure during the period, investments she described as necessary to sustain competitive advantage and unlock future opportunities.
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“From a finance perspective, sustainable growth is not just about growing revenue; it is about converting that growth into stronger profitability, healthy cash flows and long-term shareholder value,” she said. “Equally important is maintaining financial discipline while making the strategic investments necessary to sustain our competitive advantage and unlock future growth opportunities.”
Looking Ahead with Greater Ambition
Bujiku credited the results to the dedication and resilience of Vodacom Tanzania’s teams, as well as the continued trust of customers, partners and shareholders. As the company moves into the second half of the financial year, the focus remains on sustaining momentum, driving operational efficiencies, strengthening cash generation and delivering sustainable value for all stakeholders.
“These results are a testament to the dedication, resilience and collective efforts of our incredible teams, as well as the continued trust of our customers, partners and shareholders,” she said.
“As we enter the second half of the financial year, our focus remains on sustaining this momentum, driving operational efficiencies, strengthening cash generation and delivering sustainable value for all our stakeholders. A strong first half, with an even greater ambition for what lies ahead!”
