CIVH, the company whose investments include Vumatel and DFA, has reported a big jump in headline earnings.
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Vumatel is making significant progress with its fibre broadband trial in Alexandra in Johannesburg ahead of a wider roll-out.
Sigfox South Africa is now on a sustainable growth trajectory, its chief commercial officer has told the TechCentral Show.
CIVH, Remgro and Vodacom are prepared to make more concessions to get their Maziv deal over the line.
The Competition Commission has recommended that Vodacom’s acquisition of a stake in fibre operator Maziv be blocked.
Vuma Key is “probably the most exciting thing” Vumatel is doing, a top executive at parent company Maziv has said.
Raymond Ndlovu will step down as CEO of Remgro-controlled CIVH, the parent of Vumatel and Dark Fibre Africa, at the end of March.
Vodacom moved a step closer to a considerable expansion of its fibre footprint after Icasa approved the transfer of Dark Fibre Africa’s licences.
Maziv is the new name of the parent company of Vumatel and Dark Fibre Africa that will soon, pending regulatory approvals, be 30% owned by Vodacom.
CIVH, the Remgro-controlled parent of fibre operators Vumatel and Dark Fibre Africa, has turned profitable.