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.
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CIVH, the Remgro-controlled parent of fibre operators Vumatel and Dark Fibre Africa, has turned profitable.
Vodacom and MTN have said the severe load shedding that Eskom has subjected South Africa to since last week is having a big impact on their networks.
South Africa’s biggest telecommunications operators have called for more consultation over government’s plan to terminate 2G and 3G services by 2025.
Government has proposed that South Africa switch off its 2G cellular networks by June 2024 and its 3G networks by March 2025.
Opensignal has found that MTN tops rival Vodacom in 5G availability and 5G upload speeds, while the companies draw level on other criteria.
Vodacom Group is now offering cash advances to its underbanked client base in South Africa as it pushes deeper into financial services.
Massmart reported a 50% year-on-year jump in e-commerce sales for the period to 26 June, even as its income statement was once again stained in red ink.
The country has banned some telecoms executives from leaving the country after they resisted paying a new tax on the industry, sources said.
The Vodacom Group parent has agreed to sell its Hungarian unit in a deal valued at €1.8-billion as part of its plan to simplify its sprawling business.