Seacom is targeting the fourth quarter of 2026 to reach financial close on its massive planned subsea broadband cable system.
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With Investec financing, the 25-acre solar farm will generate two million kilowatt-hours of clean energy annually.
Vodacom has announced big changes to the terms of its planned acquisition of Vumatel parent Maziv.
The Competition Tribunal has found that Vodacom’s Maziv deal would have caused harm to competition and market innovation.
Khudusela Pitje, a big investor in Vumatel and DFA, says regulators have hurt investor confidence in the telecoms sector.
CIVH, the Remgro-controlled parent of fibre network operator Maziv, has swung into a big interim loss.
Remgro has placed an equity valuation of R32.4-billion on Maziv, the fibre operator that owns Vumatel and Dark Fibre Africa.
Political tensions in the Red Sea may have added to the cost of Seacom’s cable repairs.
The competition appeal court has set aside three days to hear arguments in the ongoing Vodacom-Maziv merger saga.
Trade, industry & competition minister Parks Tau will appeal the Competition Tribunal’s decision to prohibit the deal.