Johannesburg – Vodacom has announced that it has received the go-ahead from South Africa’s Competition Appeal Court to proceed with its proposed acquisition of a 30% stake in Maziv, the entity that houses all the fibre assets owned by Community Investments Ventures Holdings (CIVH), including Vumatel and Dark Fibre Africa.
The acquisition is subject to a set of revised conditions, proposed by the merger parties and the Competition Commission ahead of the Competition Appeal Court hearing on 22 July 2025.
This approval marks a significant milestone in Vodacom’s strategic efforts to expand its fibre footprint and enhance digital connectivity across South Africa.
The acquisition will enable Vodacom to accelerate the deployment of high-speed broadband services, bridging the digital divide and supporting inclusive growth in underserved communities.
Shameel Joosub, CEO of Vodacom Group, said: “We are delighted with the Appeal Court’s decision, which paves the way for us to bring the benefits of enhanced fibre infrastructure to more South Africans.
“This acquisition is a cornerstone of our strategy to improve connectivity, drive digital inclusion, and support South Africa’s digital economy.”
Vodacom and Maziv will now prioritise finalisation of the only remaining regulatory requirement, which is unconditional approval from the Independent Communications Authority of South Africa (ICASA), which conditionally approved the transaction in November 2022.
Remgro said in a statement it was pleased with this positive outcome, which represents “a significant milestone in the fulfilment of the conditions precedent for the Transaction.”
*This article first appeared in out sister publication techfinancials.co.za
