Raymond Ndlovu will step down as CEO of Remgro-controlled CIVH, the parent of Vumatel and Dark Fibre Africa, at the end of March.
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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.
Eskom said it is “considering” cutting the power to the City of Tshwane, which includes Pretoria and Centurion, over non-payment by the metro.
Vumacam, the security camera company, has announced plans to expand its presence in Gauteng’s sprawling East Rand.
The thousands of camera poles deployed by Vumacam provide an ideal opportunity to deploy next-generation 5G broadband into neighbourhoods, Remgro said.
Vodacom Group on Monday declared a full-year dividend of R4.30/share after reporting a solid performance from South Africa, its biggest market.
Two of South Africa’s biggest fibre providers, Vumatel and Dark Fibre Africa, are being folded into a new infrastructure holding company to be led by Vuma CEO Dietlof Mare.
CIVH, the Remgro-controlled parent company of Dark Fibre Africa and Vumatel, has reported a sharp reduction in losses in its most recent reporting period.