Louise Radcliffe

Louise Radcliffe from Investec asked about the network's ability to handle severe load-shedding, how this affects CapEx replacement cycles, and for details on specific cost-saving initiatives being targeted in South Africa.

Answer

CFO Raisibe Morathi explained that continued investment in battery capacity, generators, and network sharing will allow Vodacom to manage within its 13-14.5% CapEx intensity guidance. For cost savings, she highlighted renegotiating supplier contracts, shifting FX-denominated spending to local currency, process digitization via RPA, and the ongoing 'fit for growth' program.

Louise Radcliffe from Investec asked about the network's capacity to handle severe load-shedding, the impact on CapEx replacement cycles, and specific cost-saving initiatives being targeted in South Africa.

Answer

CFO Raisibe Morathi explained that ongoing investments in battery capacity and generators, along with network sharing, will keep CapEx within the 13-14.5% intensity target. She detailed cost initiatives including renegotiating supplier contracts, digitizing processes, and shifting from FX-denominated spending.