CIVH, the Remgro-controlled holding company that owns both Vumatel and Dark Fibre Africa, is talking to both local and international investors to raise R6-billion in new funding.
Browsing: Dark Fibre Africa
Promoted podcast | TechCentral speaks to Dark Fibre Africa executive for strategy, mergers & acquisitions Vino Govender about the digital transformation project the company embarked on and the lessons learnt.
Remgro, the largest shareholder in CIVH – the parent company of Vumatel and Dark Fibre Africa – has attached a R19.3-billion valuation to the telecoms infrastructure holding company.
Promoted | There is a huge responsibility on Dark Fibre Africa to deliver digital infrastructure at scale to support South Africa’s future industrial, business, social and economic development plans. By Vino Govender.
Reshaad Sha is leaving Liquid Telecom Group, where he has served as CEO of the South African subsidiary since 2018, to start his own venture in the field of artificial intelligence.
Promoted | Dark Fibre Africa executive for strategy, mergers & acquisitions Vino Govender joins the TechCentral podcast for a discussion on how Covid-19 and the lockdown in South Africa have affected both DFA and the telecommunications industry more broadly.
Promoted | A lasting effect of Covid-19 will be the increased demand for reliable connectivity. The industry must embrace the opportunity to enable a more digitalised society. By Vino Govender.
Remgro-controlled fibre operator Dark Fibre Africa has become the first telecommunications provider in 10 years to be granted an operating licence in Zimbabwe, paving the way for the company to build a network there.
Fibre network operators Vumatel and SA Digital Villages will in future operate as a single entity following the transfer of the SADV wholesale fibre assets to Vumatel.
The contribution to Remgro’s headline earnings from CIVH – the parent company of Vumatel and Dark Fibre Africa – amounted to a loss of R197-million in the six months ended 31 December 2019.