Vodacom have announced this morning that there is going to be a change in directorship at the very top, Pieter Uys is stepping down after having been at the company for two decades, and the Group CEO position will be assumed by Shameel Joosub, who rejoins Vodacom. Joosub of course, if you had been following has been working for parent group Vodafone in Spain. Nice, must have been fun there. Joosub knows the Vodacom business well, he has extensive experience and has lived through the business roll outs. I suspect that this news is about neutral, the appointment would have been by Vodafone with consultation with some of their other big shareholders, including Government and the PIC, the "other" shareholders of size and scale. The free float realistically of Vodacom is much smaller than you think, with around 84 percent in "safe" hands. The price at the get go is unchanged.