If Vodacom had succeeded in its deal to buy fibre operator Maziv, rural South Africans would be the ones to suffer.
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Remgro-controlled CIVH, which ultimately owns Vumatel and Dark Fibre Africa, through Maziv, has swung to a loss.
If Vodacom had succeeded in its deal to buy fibre operator Maziv, rural South Africans would be the ones to suffer.
Shameel Joosub has described the decision to block Vodacom's acquisition of Maziv as a “travesty” for South Africa.
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Pieter Uys, head of strategic investments at investment holding company Remgro described the Competition Tribunal's decision as a "complete shocker".
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