Economic
Economic
Sustainability is at the heart of Vodafone's business model, and over the years, our financial success has gone hand in hand with our long-term ESG commitments and performance. Today, and through our unified purpose and vision, our business and sustainability strategies are even more aligned than ever before, helping us not only to be a successful company that serves all its stakeholders but one that serves the planet as well. Year after year, Vodafone has been at the center of developing inclusive prosperity in Egypt. It continues to expand on those efforts towards improving the high quality of life, growing and bold vision of a future ignited by possibility.
Business Performance
The growing needs of the past years have been paired with unequal opportunities, and thus one of our key ambitions was to ensure that while our business grows and makes profits, this comes along with inclusive offering to all our customers. This way, we have been able to achieve solid financial performance while scaling social and economic benefits. With the growing demand for connectivity and diversification of our services, compared to the previous reporting period, we have grown our revenue by 7% while adding almost 1.5 million new customers. For more information on our selected financial information refer to Vodafone Group Plc Annual Report 2021.
Contributing Our Fair Share
Vodafone Egypt recognises that the taxes we pay is part of our broader responsibility towards the society in which we operate and an essential contribution to its long-term flourishing. And we diligently implement this obligation.
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We build upon the Vodafone Group Tax Principles , Tax Risk Management Policy and Tax Strategy to ensure a transparent process on how we pay our taxes.
Tax Strategy Key Components
Tax Value
To manage the tax cost-efficiently to the Group of doing business, including the Group’s cash taxes and effective tax rate, within the ambit of all applicable laws.
Risk and Reputation
To control and manage tax risks and the Group’s reputation through appropriate policies, communication and robust defence.
Business Partnering
To be recognised as a vital business partner by our stakeholders and to facilitate the growth and development of the Group's business activities in a tax-efficient manner.
Customer Experience
To act, where possible, in meeting the above objectives in a way that will enhance our customers' experience.
Influencing
To influence governments and tax authorities constructively and positively in the interests of all our stakeholders.
People
To develop and enhance our people professionally and personally as part of a world-class international tax team.
Compliance
To ensure the integrity of all reported tax numbers and timely compliance with all relevant statutory tax obligations.
Enabling a Vibrant Digital Economy
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Vodafone Cash
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10.7 MILLION REGISTERED USERS
88% TOTAL E-WALLET TRANSACTIONS
65-74% TOTAL E-WALLETS
400 K CHANNELS
11 BANKS PARTNERSHIPS AND ACCESS TO ATMS
11 ROBUST VODAFONE CASH OFFERINGS AND SERVICES
Services and Benefits
Digital Workplace
Starting from managing and securing your data to handing your payments and tracking your fixed as well as moving assets, our IoT & ICT solutions enable your business to optimize your day to day operations.
Digital Customer
We provide you with reliable channels through which you can reach your target audience and engage them efficiently.
TELECOM PAYMENTS
Phone, electricity, water, gas, etc.
AN ONLINE PAYMENT CARD
Usable on local and international platforms
BILL PAYMENTS
Phone, electricity, water, gas, etc.
PAYROLLl SERVICE
PAY BY MOBILE ONLINE AND OFFLINE
Merchant payment
CARD TO WALLET SERVICE
Depositing in wallet through any bank card
ENTERPRISE AND B2B TRANSACTIONS
Pensions
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Vodafone Cash particularly focuses on women’s financial inclusion and empowerment together with partners such as the National Council for Women on VSLA (Village Saving and Lending Association). We facilitate the creation of women circles, online saving and lending, assist in raising digital awareness, facilitate money transfer and financial inclusion. We were also assigned by the government to digitize the pension experience for elders to replace the time-consuming process of the post office. Beneficiaries now get their money with the least effort and time.
Advancing e-Payments with AMAN
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Vodafone provides user consultation services from subject matter experts with knowledge about the needs of different companies, especially SMEs and SOHOs. The platform encompasses more than 100 digital solutions for the companies in collaboration with global companies such as Microsoft, VMware and SAP. It also provides access to experienced local partners with vast knowledge of the Egyptian market such as CSG, Corporate Stack, Weelo, AIM Technologies, Edafa, Widebot and others. These solutions are available on Vodafone Cloud in Egypt with a high level of data security.
begin
As part of our purpose to use our digital capabilities and technical know-how in giving back to the community and developing youth skills, Vodafone Egypt has developed its first digital freelancing platform “Begin” that aims to matchmake talented freelancers with a huge number of SMEs & SOHOs to work on freelancing jobs in various fields. Begin will make it easy for all youth (undergrads, grads and disabilities) and women to get the chance to make money for living through Vodafone Cash as the main payment method using their skills and capabilities in the digital field to serve our SMEs and SOHOs on the platform. It further aims to enhance youth and women’s digital skills and financial literacy so that they can pave the way for their future success and help them gain experience.
40+ OPEN JOBS
3.5K FREELANCERS
2K CLIENTS
BEGIN BENEFITS ZERO COMMISSION DIGITAL CONTENT SECURED PAYMENT PROCESS TWO-WAY RATING BUILT-IN CHATTING
