Vodacom has appointed Dejan Kastelic to replace the long-serving Andries Delport as its group chief technology officer. Kastelic will start on 1 May, subject to receiving a work permit.
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.
Johann Rupert, the billionaire who controls luxury goods giant Richemont, is considering selling stakes in two South African fibre networks valued at as much as R22-billion, people with knowledge of the matter said.
The Competition Tribunal has approved the acquisition by Remgro’s Community Investment Ventures Holdings of Vumatel, but has attached long-term conditions to the sale.
Dark Fibre Africa sees fifth-generation wireless broadband networks as a big growth opportunity as the infrastructure needed to power these networks will require extensive backhaul to a much denser network of base