Our
performance
CFO’s statement
Till Streichert
The Group performed well this year, supported mainly by strong growth in the International operations
Tax and our contribution to public finances
Our commitment to acting with integrity and transparency remains core to our approach to tax.
As a publicly listed company we have obligations to a very wide range of stakeholders which ranges (directly and indirectly) from pension and long-term investment funds to individual shareholders, all seeking to maximise investment returns. An increase in taxes paid is often interpreted as a reduction in the profit available to invest in the future growth of the company or in returns to shareholders. The interest of the pensioner, saver, shareholder and investor could therefore be seen to be in conflict with the interest of the public finance system.
Our segment performance
SOUTH AFRICA
Data pricing transformation continues, to the benefit of our customers, with a number of changes that increase affordability and improve spend control.
This has helped our more than 43 million customers get connected more affordably and in the way that is most suitable to their needs.