{"id":40746,"date":"2026-07-27T11:45:32","date_gmt":"2026-07-27T09:45:32","guid":{"rendered":"https:\/\/www.channelafrica.co.za\/channelafrica\/?post_type=news&#038;p=40746"},"modified":"2026-07-27T11:45:32","modified_gmt":"2026-07-27T09:45:32","slug":"sas-vodacom-lifts-medium-term-targets-after-safaricom-deal","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/sas-vodacom-lifts-medium-term-targets-after-safaricom-deal\/","title":{"rendered":"SA&#8217;s Vodacom lifts medium-term targets after Safaricom deal"},"content":{"rendered":"<div>\n<p class=\"x_MsoNormal\">South Africa&#8217;s (SA) Vodacom Group upgraded its \u200bmedium-term growth targets on \u200cMonday after completing its acquisition of a controlling stake \u200bin Kenya&#8217;s Safaricom, \u200bwhile also reducing its dividend \u2060payout ratio.<\/p>\n<\/div>\n<div>\n<p class=\"x_MsoNormal\">The Vodafone \u200bmajority-owned company said it had \u200bupgraded its medium-term target for earnings before interest, tax, depreciation \u200band amortisation and \u200boperating free cash flow growth to \u200cthe \u2060early teens, from its previous target of double-digit growth.<\/p>\n<\/div>\n<div>\n<p class=\"x_MsoNormal\">As part of a \u200bbroader \u200breview \u2060of its capital allocation framework, Vodacom also \u200bupdated its dividend \u200bpolicy \u2060to a payout ratio of at least 65% \u2060of \u200bheadline earnings from \u200b75%.<\/p>\n<\/div>\n<div>\n<p class=\"x_MsoNormal\">&#8211;Reuters&#8211;<\/p>\n<\/div>\n","protected":false},"featured_media":14621,"template":"","meta":{"_acf_changed":false,"_links_to":"","_links_to_target":""},"news-type":[44],"class_list":["post-40746","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"","published_date":"","news_description":"Vodacom Group upgraded its \u200bmedium-term growth targets on \u200cMonday","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/40746","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":1,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/40746\/revisions"}],"predecessor-version":[{"id":40750,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/40746\/revisions\/40750"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/14621"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=40746"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=40746"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}