Remgro swells CIVH shareholding in R3.7bn rights offer
Remgro is set to increase its shareholding in Community Investment Ventures Holdings after participating in the company’s rights offer.
DFA CEO Andries Delport eyes telco sites in fibre push
The new CEO wants to use the experience from Vodacom to target mobile businesses, as the open-access fibre provider looks to grow its market share in SA.
Former Vodacom CTO Andries Delport appointed DFA CEO
Community Investment Ventures Holdings today announced Thinus Mulder will formally step down as CEO of its subsidiary DFA on 30 September.
Lack of IOT growth in SA was SqwidNet’s biggest undoing
Community Investment Ventures Holdings says the decision to wind-down operations of its Internet of things unit boils down to the technology failing to take off in SA.
Vumatel rakes in R1bn as DFA’s revenue remains flat
COVID-19 accelerated the requirements for data and, in turn, assisted in the performance of the fibre business for the six months ended 31 December.
Community Investment Ventures continues to drown Remgro
Remgro-controlled Community Investment Ventures reports a R197 million loss for the six months ended December 2019, up from the previous R104 million loss.
Remgro unit appoints CEO to exploit DFA, Vumatel assets
After poaching Vodacom CTO Andries Delport, Community Investment Ventures names Raymond Ndlovu as its CEO, along with other executive appointments.
Vumatel, CIVH merger gets green light
The Competition Tribunal approves the proposed merger whereby Community Investment Ventures Holdings seeks to increase its shareholding in Vumatel.
Tribunal to decide on Vumatel, CIVH union
The Competition Tribunal hosts a competition hearing, as CIVH seeks to increase its shareholding in Vumatel.
Vumatel suitor foresees fibre market consolidation
Although there are many players in the market, in future the industry will consolidate, says Community Investment Ventures Holdings.