remgro

  1. Luis

    Company offering renewable energy cheaper than Eskom's grid

    Company offering renewable energy cheaper than Eskom's grid Energy Exchange of Southern Africa (EXSA) is offering South African businesses renewable electricity that is typically cheaper than using the traditional Eskom grid. The company, which is owned by Johann Rupert’s Remgro and Rand...
  3. Luis

    Vodacom paid Johann Rupert's company R12.6 billion for its stake in Maziv

    Vodacom paid Johann Rupert's company R12.6 billion for its stake in Maziv Vodacom's annual results for the year ended 31 March 2026 showed that it paid Remgro's CIVH R12.642 billion for its 30% stake in Maziv. Remgro is chaired and controlled by billionaire Johann Rupert. He founded the...
  4. Hanno Labuschagne

    Remgro's curious CIVH valuation

    Remgro's curious CIVH valuation Remgro increased its valuation of Vumatel and Dark Fibre Africa (DFA) owner CIVH to R27.7 billion despite the division's poor performance. Community Investment Ventures Holdings (CIVH) is one of Remgro's key investments. The company is active in the...
  5. Hanno Labuschagne

    eMedia gets approval for big share unlocking deal

    eMedia gets approval for big share unlocking deal The Competition Tribunal has unconditionally approved the proposed merger in which eMedia Holdings (EMH) intends to increase its shareholding in eMedia Investments (EMI). This is part of a larger transaction that will unlock eMedia shares to...
  6. Hanno Labuschagne

    Seacom hammered by cable repair costs

    Seacom hammered by cable repair costs Telecoms company Seacom had a tough second half of 2024 due to the financial impact of a major undersea cable repair, according to Remgro's latest interim financial results. Remgro owns 30% of Seacom, which offers fibre-optic pairs from Mtunzini in...
  7. Hanno Labuschagne

    Competition Commissioner accused of rushing through Vodacom-Maziv deal block

    Competition Commissioner accused of rushing through Vodacom-Maziv deal block Competition Commissioner Doris Tshepe has been accused of "pushing through" a ruling recommending that Vodacom's bid to buy a R13-billion stake in Maziv be blocked, Business Times reports. Sources at the competition...
  8. Hanno Labuschagne

    Remgro earnings take a hit thanks to Vumatel and DFA

    Remgro earnings take a hit thanks to Vumatel and DFA Vumatel and Dark Fibre Africa (DFA) parent company Community Investments Ventures Holdings (CIVH) contributed far less to the headline earnings per share of its majority shareholder — Remgro — in the second half of 2023. According to...
  9. Jan

    Competition Tribunal dates for Vodacom, Vumatel deal

    Vodacom, Vumatel deal heads for big fight at Competition Tribunal South Africa’s Competition Tribunal has set 20 May 2024 as the date for the final hearing regarding a proposed transaction between Vodacom, and Vumatel’s parent company Maziv. Remgro head of strategic investments Pieter Uys...
    • Jan
    • Thread
    • competition commission competition tribunal pieter uys remgro vodacom vumatel
    • Replies: 4
    • Forum: Broadband and IT News
  10. Jan

    Maziv vs Openserve in homes passed, homes connected, and capex

    South Africa's fibre war Vumatel has reported a significant increase in the number of homes connected to its fibre network, once again overtaking Telkom-owned Openserve. Telkom reported higher connection numbers in a voluntary fourth-quarter trading update in February, briefly overtaking...
    • Jan
    • Thread
    • community investment ventures holdings (civh) dark fibre africa (dfa) maziv openserve remgro telkom vumatel
    • Replies: 0
    • Forum: Broadband and IT News
  11. Jan

    Alpheus Mangale to take over as Seacom CEO

    Seacom appoints CEO Seacom has announced that Alpheus Mangale will take over from Oliver Fortuin as chief executive officer. Mangale’s appointment as incoming group CEO is effective 1 April 2023. However, he will work alongside Fortuin for three months to ensure a smooth transition.
  12. Jan

    Remgro expects Competition Commission answer on Vodacom deal to buy CIVH by end-March

    Vodacom's R13.2-billion deal to buy Vumatel — Competition Commission answer expected in days Remgro strategic investments head Pieter Uys says they are confident the Competition Commission will issue a recommendation on Vodacom’s proposed deal to acquire a co-controlling stake in CIVH for...
    • Jan
    • Thread
    • community investment ventures holdings (civh) competition commission competition tribunal dark fibre africa (dfa) maziv remgro vodacom vumatel
    • Replies: 3
    • Forum: Broadband and IT News
  13. Jan

    Remgro report 900% earnings jump from Vumatel and DFA owner CIVH

    Vumatel and DFA earnings jump 900% DFA and Vumatel recorded a massive jump in profits of 900% over the last six months of 2022, according to Remgro's most recent results. The holding company said that the two fibre infrastructure providers' parent Community Investment Ventures Holdings (CIVH)...
    • Jan
    • Thread
    • community investment ventures holdings (civh) dark fibre africa (dfa) maziv remgro vumatel
    • Replies: 5
    • Forum: Broadband and IT News
  14. Jan

    CIVH announces new name of Vumatel and DFA parent company - MAZIV

    Vumatel and DFA get MAZIV Community Investment Ventures Holdings (CIVH) has announced that the parent company's identity for its two fibre network assets — Vumatel and DFA — is MAZIV. CIVH is the Remgro and New GX-controlled parent company of fibre infrastructure operators Dark Fibre Africa...
    • Jan
    • Thread
    • community investment ventures holdings (civh) dark fibre africa (dfa) maziv remgro vumatel
    • Replies: 14
    • Forum: Broadband and IT News
  15. Jan

    Vumatel, DFA parent company makes first profit

    Vumatel parent company turns profitable Vumatel and Dark Fibre Africa parent company Community Investment Ventures Holdings (CIVH) has turned profitable, Remgro reported in its 2022 annual financial results released Tuesday. Vumatel and DFA are wholly-owned subsidiaries of CIVH, while Remgro...
    • Jan
    • Thread
    • community investment ventures holdings (civh) dark fibre africa (dfa) remgro seacom vumatel
    • Replies: 4
    • Forum: Broadband and IT News
  16. Jan

    Herotel reduces 75Mbps and 100Mbps prices, free upgrades for existing customers

    Herotel cuts prices and rolls out fibre speed upgrades Herotel has informed subscribers on its 75Mbps and 100Mbps home fibre services that it is upgrading their speeds for free. This comes as the closed access fibre network operator reduced the prices of its two mid-range fibre products.
    • Jan
    • Thread
    • community investment ventures holdings (civh) derek hershaw herotel pieter uys remgro vumatel
    • Replies: 26
    • Forum: Broadband and IT News
  17. Jan

    Vumatel beats Telkom despite years of monopoly advantage

    South Africa's fibre war goes nuclear Vumatel broke Telkom's fixed-line broadband monopoly in South Africa and established itself as the leader in the fibre-to-the-home market. Telkom must now play catch-up in an area it dominated for over a decade and enjoyed a tremendous advantage.
    • Jan
    • Thread
    • community investment ventures holdings (civh) dietlof mare fibre-to-the-home (ftth) openserve remgro telkom vumatel
    • Replies: 12
    • Forum: Broadband and IT News
  18. Jan

    Seacom has incurred huge losses and its book value has plunged

    Multi-million rand losses and nosediving book value at Seacom analysed Seacom has incurred large annual losses, and its valuation has plummeted since it was launched in 2009, but the company said there is more to its finances than profits and valuations. Seacom was launched in 2009 and was...
    • Jan
    • Thread
    • aga khan fund convergence partners remgro sanlam seacom steve briggs
    • Replies: 3
    • Forum: Broadband and IT News
  19. Jan

    Vumacam's "secret" plan to use CCTV poles as 5G towers

    Using Vumacam poles for 5G base stations Vumatel's Vumacam poles across Johannesburg could soon be used as 5G base stations, the fibre network operator's parent company Remgro revealed during an investor presentation in June 2022. Remgro-owned Community Investment Ventures Holdings is...
    • Jan
    • Thread
    • community investment ventures holdings (civh) pieter uys remgro vumacam vumatel
    • Replies: 4
    • Forum: Broadband and IT News
  20. Jan

    Vumatel hoping to increase Herotel stake to 100%

    Vumatel wants to buy 100% of Herotel Community Investment Ventures Holdings (CIVH), Vumatel's holding company, wants to increase its share in Herotel from 48% to 100% to help it reach "secondary" cities. Vumatel acquired a 45% stake in Herotel in February 2022.
    • Jan
    • Thread
    • community investment ventures holdings (civh) dietlof mare herotel pieter uys remgro vumatel
    • Replies: 13
    • Forum: Broadband and IT News
  21. Jan

    Remgro's Pieter Uys says Vumatel is democratising broadband access in South Africa

    Uncapped fibre to every home in South Africa for under R100 per month Vumatel can offer lower-cost fibre products to low-income regions due to lower rollout costs, and its aim to provide uncapped fibre for under R100 per month appears to be going well. This is according to Remgro's head of...
    • Jan
    • Thread
    • dark fibre africa (dfa) pieter uys remgro vuma core vuma key vuma reach vumatel
    • Replies: 57
    • Forum: Broadband and IT News
Back
Top
Sign up to the MyBroadband newsletter
X