Vodacom Group Limited

JSE:VOD Stock Report

Market Cap: R269.3b

Vodacom Group Management

Management criteria checks 4/4

Vodacom Group's CEO is Mohamed Shameel Joosub, appointed in Sep 2012, has a tenure of 13.17 years. total yearly compensation is ZAR68.73M, comprised of 24.9% salary and 75.1% bonuses, including company stock and options. directly owns 0.081% of the company’s shares, worth ZAR216.82M. The average tenure of the management team and the board of directors is 5 years and 5.6 years respectively.

Key information

Mohamed Shameel Joosub

Chief executive officer

R68.7m

Total compensation

CEO salary percentage24.93%
CEO tenure13.2yrs
CEO ownership0.08%
Management average tenure5yrs
Board average tenure5.6yrs

Recent management updates

We Think Some Shareholders May Hesitate To Increase Vodacom Group Limited's (JSE:VOD) CEO Compensation

Jul 16
We Think Some Shareholders May Hesitate To Increase Vodacom Group Limited's (JSE:VOD) CEO Compensation

Recent updates

Vodacom Group (JSE:VOD) Will Pay A Dividend Of ZAR3.30

Nov 13
Vodacom Group (JSE:VOD) Will Pay A Dividend Of ZAR3.30

Vodacom Group Limited's (JSE:VOD) Shareholders Might Be Looking For Exit

Aug 27
Vodacom Group Limited's (JSE:VOD) Shareholders Might Be Looking For Exit

Return Trends At Vodacom Group (JSE:VOD) Aren't Appealing

Aug 06
Return Trends At Vodacom Group (JSE:VOD) Aren't Appealing

We Think Some Shareholders May Hesitate To Increase Vodacom Group Limited's (JSE:VOD) CEO Compensation

Jul 16
We Think Some Shareholders May Hesitate To Increase Vodacom Group Limited's (JSE:VOD) CEO Compensation

Vodacom Group's (JSE:VOD) Shareholders Will Receive A Bigger Dividend Than Last Year

Jun 15
Vodacom Group's (JSE:VOD) Shareholders Will Receive A Bigger Dividend Than Last Year

Vodacom Group (JSE:VOD) Will Pay A Larger Dividend Than Last Year At ZAR3.35

May 22
Vodacom Group (JSE:VOD) Will Pay A Larger Dividend Than Last Year At ZAR3.35

Vodacom Group Limited's (JSE:VOD) Price Is Out Of Tune With Earnings

May 09
Vodacom Group Limited's (JSE:VOD) Price Is Out Of Tune With Earnings

Vodacom Group (JSE:VOD) Knows How To Allocate Capital

Mar 28
Vodacom Group (JSE:VOD) Knows How To Allocate Capital

Vodacom Group Limited's (JSE:VOD) Shares May Have Run Too Fast Too Soon

Feb 07
Vodacom Group Limited's (JSE:VOD) Shares May Have Run Too Fast Too Soon

Many Would Be Envious Of Vodacom Group's (JSE:VOD) Excellent Returns On Capital

Dec 27
Many Would Be Envious Of Vodacom Group's (JSE:VOD) Excellent Returns On Capital

Vodacom Group (JSE:VOD) Has A Pretty Healthy Balance Sheet

Dec 05
Vodacom Group (JSE:VOD) Has A Pretty Healthy Balance Sheet
User avatar

Expanding Digital Horizons And Smashing Barriers To Drive Growth In African Telecom Markets

Expansion of 4G and financial services in Africa is key to increasing Vodacom's revenue and diversifying its revenue streams.

CEO Compensation Analysis

How has Mohamed Shameel Joosub's remuneration changed compared to Vodacom Group's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2025n/an/a

R19b

Jun 30 2025n/an/a

R18b

Mar 31 2025R69mR17m

R17b

Dec 31 2024n/an/a

R16b

Sep 30 2024n/an/a

R15b

Jun 30 2024n/an/a

R16b

Mar 31 2024R66mR16m

R16b

Dec 31 2023n/an/a

R17b

Sep 30 2023n/an/a

R17b

Jun 30 2023n/an/a

R17b

Mar 31 2023R52mR15m

R17b

Dec 31 2022n/an/a

R17b

Sep 30 2022n/an/a

R16b

Jun 30 2022n/an/a

R17b

Mar 31 2022R54mR12m

R17b

Dec 31 2021n/an/a

R17b

Sep 30 2021n/an/a

R16b

Jun 30 2021n/an/a

R16b

Mar 31 2021R53mR12m

R17b

Dec 31 2020n/an/a

R17b

Sep 30 2020n/an/a

R17b

Jun 30 2020n/an/a

R17b

Mar 31 2020R43mR12m

R16b

Dec 31 2019n/an/a

R16b

Sep 30 2019n/an/a

R16b

Jun 30 2019n/an/a

R15b

Mar 31 2019R38mR11m

R15b

Compensation vs Market: Mohamed Shameel's total compensation ($USD4.01M) is about average for companies of similar size in the ZA market ($USD3.35M).

Compensation vs Earnings: Mohamed Shameel's compensation has been consistent with company performance over the past year.

CEO

Mohamed Shameel Joosub (54 yo)

13.2yrs
Tenure
R68,732,792
Compensation

Mr. Mohamed Shameel Aziz Joosub has been the Chief Executive Officer of Vodacom Group Limited since September 1, 2012. Mr. Joosub served as Managing Director of Vodacom (Pty) Limited from April 01, 2005 to...

Leadership Team

NamePositionTenureCompensationOwnership
Mohamed Shameel Joosub
CEO & Executive Director13.2yrsR68.73m0.081%
ZAR 216.8m
Raisibe Morathi
Group CFO & Executive Director5yrsR31.85mno data
Dejan Kastelic
Chief Technology Officer5.5yrsno datano data
Anna Isaac
Chief Legalless than a yearno datano data
Matimba Mbungela
Chief Human Resources Officer11.5yrsR5.86mno data
Johan van Graan
Chief Risk Officerno datano datano data
Muriel Loriloux
Chief Officer of Commercial & Strategy2.3yrsno datano data
Mariam Cassim
Chief Executive Officer of Vodacom Financial & Digital Services6.8yrsno datano data
Sean Bennett
Chief Officer of Mergers3.1yrsno datano data
Ayman Essam
Chief Officer of External Affairsless than a yearno datano data
Sitholizwe Mdlalose
Chief Executive Officer of South Africa2.8yrsno datano data
Peter Ndegwa
Chief Executive Officer of Safaricom PLC5.6yrsno datano data
5.0yrs
Average Tenure
53yo
Average Age

Experienced Management: VOD's management team is seasoned and experienced (5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Mohamed Shameel Joosub
CEO & Executive Director13.2yrsR68.73m0.081%
ZAR 216.8m
Raisibe Morathi
Group CFO & Executive Director5yrsR31.85mno data
Sakumzi Macozoma
Independent Chairman8.3yrsR3.92mno data
Clive Thomson
Independent Non-Executive Director5.6yrsR1.42mno data
Phuthi Mahanyele-Dabengwa
Independent Non-Executive Director6.8yrsR1.12mno data
Khumo Shuenyane
Lead Independent Non-Executive Director5.3yrsR1.88mno data
Leanne Wood
Non-Independent Non-Executive Director6.3yrsR1.11mno data
John William Otty
Non-Executive Director13.2yrsR916.80kno data
Nomkhita Nqweni
Independent Non-Executive Director3.3yrsR1.02mno data
Sateesh Kamath
Non-Executive Director1.7yrsR593.67kno data
Joakim Reiter
Non-executive Director2.1yrsR916.80kno data
Pierre Christian Klotz
Non-Executive Director5.6yrsR755.24kno data
5.6yrs
Average Tenure
54yo
Average Age

Experienced Board: VOD's board of directors are considered experienced (5.6 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/17 08:41
End of Day Share Price 2025/11/14 00:00
Earnings2025/09/30
Annual Earnings2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Vodacom Group Limited is covered by 22 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jonathan BradleyAbsa Bank Limited
Niel VenterAbsa Bank Limited
Tibor BokorArqaam Capital Research Offshore S.A.L.