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Vodacom appoints new MD for Tanzania

Vodacom appoints new MD for Tanzania

South Africa-based mobile operator the Vodacom Group has appointed Ian Ferrao as the managing director of its Tanzania subsidiary, Vodacom Tanzania, according to a brief statement released today.

The company said Ferrao, the current managing director of Vodacom Lesotho, will assume his new role effective 1 September 2015.

"Ian was promoted to Managing Director of Vodacom Lesotho in February 2013, following his role as Chief Commercial Officer of Vodacom Business Africa, and prior to that, Managing Executive: Commercial - Enterprise Business Unit," the company said.

Vodacom also confirmed that an acting MD will be appointed in Lesotho until a successor is identified to take over from Ferrao.

In February Vodacom CEO Shameel Joosub commented on the company's results posted for the period ended 31 December 2014 saying that Tanzania experienced severe pricing pressures since Q3 last year, but during the course of this year, pricing repair has led to more stable pricing.

Vodacom Tanzania continues to leverage its M-Pesa offering, with increased collaboration with Safaricom to link up with the Kenya market, and has approximately 65% market share of mobile financial services in Tanzania.

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