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Rain is making good money from Vodacom

Vodacom’s latest results revealed that the biggest contributor to its increase in expenses is its roaming agreement with Rain. Vodacom’s interim results for the six months ended 30 September 2020 showed that its expenses in South Africa increased by 6.9%…

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Biting at the JSE’s heels

Imagine if sleepy old Absa used the courts to try to stop one of the new digital banks such as TymeBank or Bank Zero from opening, or Santam tried to strangle new short-term insurers such as Naked and Pineapple in…

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A look at Rain’s impressive performance

The lockdown and subsequent demand for data have seen Rain quadruple subscriber growth rate in recent months and helped the operator to become cashflow positive long before expected. This is feedback from African Rainbow Capital (ARC) co-CEO Johan van Zyl,…

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