Vodacom appoints Ferrao to guide Tanzania enterprise

vodacomVodacom has appointed Ian Ferrao as managing director of its Tanzanian operations, changing Rene Meza.

Ferrao will transfer to Vodacom’s second-biggest market after working the cellphone firm’s unit in Lesotho since 2013, the Johannesburg-based cellphone firm mentioned in an e-mailed assertion on Friday. Meza resigned in Might to affix Ooredoo QSC’s Myanmar unit.

Tanzanian carriers are growing extra subtle mobile-banking merchandise, akin to interest-paying accounts and loans, to spice up gross sales amid a push for extra spectrum to enhance their networks. Vodacom, which is 65% owned by Newbury, England-based Vodafone, had 12 million clients within the east African nation as of the tip of June.

Meza is one in every of three senior Vodacom executives to go away the corporate in current months. Chief Monetary Officer Ivan Dittrich resigned final month, to get replaced by Until Streichert, whereas Romeo Kumalo stepped down as chief working officer of the corporate’s worldwide operations on the finish of Might to affix his household enterprise.

Ferrao will start the Tanzania position on Sept. 1 and his successor in Lesotho will likely be named in the end, the corporate mentioned.

– Bloomberg

Aline Niyonkuru

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