Seacom has appointed Alpheus Mangale, a former head of IT at Standard Bank, as its new CEO, replacing Oliver Fortuin in the role.
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Seacom said on Thursday that its CEO, Oliver Fortuin, is stepping down after two years in the role.
Raymond Ndlovu will step down as CEO of Remgro-controlled CIVH, the parent of Vumatel and Dark Fibre Africa, at the end of March.
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.
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.
South Africa’s mobile operators, including Vodacom, MTN and Rain, are set to face a big challenge to their business models from an unexpected quarter: fixed-line broadband. By Duncan McLeod.
CIVH, the Remgro-controlled company that owns Dark Fibre Africa and Vumatel, is now worth more than Telkom, the company that once enjoyed an absolute monopoly over telecommunications in South Africa.
Remgro said on Monday that it is participating in a the second tranche of a rights offer by CIVH, the parent of fibre telecommunications companies Vumatel and Dark Fibre Africa, aimed at reducing debt.
ICT industry veteran Oliver Fortuin will take over from Byron Clatterbuck as CEO of Seacom with effect from January 2021.