Two of South Africa’s top investment analysts, Wayne McCurrie from FNB Wealth & Investments and David Shapiro from Sasfin Securities, explain why they prefer Vodacom over MTN.
Wayne McCurrie from FNB Wealth & Investments and David Shapiro from Sasfin Securities said they prefer Vodacom over MTN as an investment.
Vodacom has an excellent local operation but is less geographically diversified and also had to deal with currency volatility in Egypt. It raises the question of what South Africa’s top investment analysts think of investing in Vodacom and MTN. “Twenty years ago, Vodacom and MTN used to be the AI shares of their day. You could not own enough of their shares,” he said.
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