DAR ES SALAAM, Sept. 18 -- The share performance of Vodacom Tanzania, the only major telecom listed on the Dar es Salaam Stock Exchange (DSE), has become a source of unease for investors and policymakers.

Vodacoms stock, which debuted at 850/- per share in 2017, closed at 575/- last Friday, leaving early investors with deep losses despite the companys solid operational performance.

This decline stands in stark contrast to the firms strong financials. Vodacom has reported robust growth in key revenue streams, particularly from its M-Pesa mobile money platform and data services, while maintaining a dominant market position.

After a difficult period between 2020 and 2022 marked by regulatory levies and external pressures, the company has ...