← All stories

Vodacom Tanzania Reports 182.7% Profit Increase to TZS 117.8 Billion

Tanzania’s Largest Telco Reports 182.7% Net Profit Increase to TZS 117.8 Billion (±USD 44.5 Million) in First Half of 2026, Driven by Mobile Money Revenue

Tanzania’s Largest Telco Reports 182.7% Net Profit Increase to TZS 117.8 Billion (±USD 44.5 Million) in First Half of 2026, Driven by Mobile Money Revenue

TanzaniaInvest

What changed

Vodacom Tanzania said on 6 November 2026 that net profit after tax rose 182.7% year on year to TZS 117.8 billion, roughly USD 44.5 million, for the six months ended 30 September.

Service revenue grew 20.8% to TZS 1 trillion. Mobile money revenue supported the result.

Why it matters

The figures show a sharp widening between Vodacom Tanzania’s profit growth and its overall service-revenue growth. The company generated more revenue, but profit increased far faster, making the first half look like a significant improvement in how much of that business reached the bottom line.

Mobile money is central to the result. That puts Tanzania’s mobile-money market at the heart of Vodacom Tanzania’s financial performance, alongside data services. The reported numbers do not show how much mobile-money revenue grew, or whether subscriber changes and operating costs drove the difference.

The near-term outlook is uncertain. If mobile money and data remain strong, Vodacom Tanzania could carry momentum into the second half; if they weaken, the 182.7% increase may prove difficult to repeat.

Sources (1)
  1. TanzaniaInvestTanzania’s Largest Telco Reports 182.7% Net Profit Increase to TZS 117.8 Billion (±USD 44.5 Million) in First Half of 2026, Driven by Mobile Money Revenue

Comments

No comments yet.