South Africa

Berg Insight forecasts that the market for fleet management (FM) in South Africa is in a growth period which will continue in the years to come.

While Vodafone Group’s adjusted operating profit for the year ended 31 March 2012 fell by 2.4% year-on-year to £11.5 billion (US$18.2 billion), due to the sale of its interest in SFR, the company has seen major growth in M2M connections, notably in the automotive and utilities markets.