Vodacom reports 15.7% jump in H1 earnings

South African mobile operator, Vodacom Group, on Monday reported a 15.7% rise in half-year earnings, boosted by a once-off deferred tax rate adjustment and reinstated medium-term targets.

The firm, which is majority owned by Britain’s Vodafone , said headline earnings per share for the six months ended Sept. 30, rose to 532 cents from 460 cents a year earlier.