Pan-African telecoms company Vodacom Group announced on Friday (April 14) its commitment to investing ZAR60 billion ($3.3 billion) in its South African operations over the next five years. The initiative was unveiled at the fifth South Africa Investment Conference (SAIC) held the previous day in Johannesburg.

Among other things, the investment aims to significantly improve the resilience of Vodacom SA’s network.

For more information, please see https://www.ecofinagency.com/telecom/1704-44434-vodacom-announces-3-3-bln-south-african-operations-in-the-next-5-years