VODACOM Group (VODJ.J) reported a 10.8% decline in full-year earnings, impacted by start-up losses in Ethiopia and rising costs, but upgraded its group service revenue target thanks to its Egyptian unit and performance of new services. The South African company, majority-owned by Britain's Vodafone (VOD.L), co-launched Safaricom Ethiopia in 2022 as part of a consortium, betting that the populous nation will power growth after about five years of investment. Vodacom has a direct 5.7% stake. The biggest telecoms operator in South Africa said headline earnings per share fell to 846 cents in the year ended March 31, from 948 cents a year…