Ms. Sylvia Mulinge has been appointed as the new Managing Director of Vodacom Tanzania PLC. She joins the Company from Safaricom in Kenya where she currently serves as the Director for Consumer Business having joined the company in 2006.
Mulinge will succeed Ian Ferrao before August 31, 2018. Ms. Mulinge starts her new role as Vodacom Tanzania Managing Director on June 1st 2018.
Ferrao’s 3-year tenure at Vodacom comes to an end this June since joining the Company in 2015. Under his wings. Ferrao will be remembered among others for Vodacom Tanzania;s IPO which saw the telco list 25% of its stake equivalent to TZS 476,000,085,000 on the Dar es Salaam Stock Exchange with over 40,000 local retail shareholders.
Prior to joining Vodacom Tanzania, Ferrao was the Managing Director of Vodacom Lesotho. Vodacom Tanzania has over 12 million subscribers.
According to Vodacom’s Board Chairman Mr. Ali Mufuruki, “Ian has been a tremendous asset to Vodacom Tanzania. We are grateful for his strong leadership over the 3 years which was grounded by a resilient and sustainable 3-year turnaround strategy and a vision which transformed how Vodacom does business today. He leaves behind a strong leadership team which is committed to the Company’s success.”
Though not without blemish, Mulinge has been instrumental in growing Safaricom’s consumer business to its over 29.5 million subscribers and to its annual revenues in excess of KES 200 Billion. As a director of consumer business at Safaricom, Mulinge was in charge of several consumer initiatives such asG and 3G coverage and providing 2G coverage to 95% of Kenyans. Safaricom has harnessed its proprietary fibre infrastructure to build a dedicated enterprise business, which provides managed I.T. services to clients in the East African region.
Safaricom pioneered commercial mobile money transfer globally through M-PESA, the most successful service of its kind anywhere in the world. Launched in March 2007, M-PESA now has over 27.8 million customers and over 148,000 M-PESA Agent outlets countrywide.