Business · South Africa
Remgro’s Fibre Business Profits Boosted by Vodacom Deal
TechCentral · 2026/03/25
Summary
Remgro's fibre business is doing much better now after a big deal with Vodacom called the Maziv fibre transaction. This deal helped CIVH, a company in Remgro's fibre group, to start making profits again. Fibre internet is very important in South Africa because it offers fast and reliable connections, which many people and businesses need. The improvement in CIVH’s performance shows how valuable fibre infrastructure is and how strategic partnerships with big companies like Vodacom can boost growth and profitability. This turnaround is a positive sign that the fibre market in South Africa is growing and may offer good opportunities for investors and businesses looking to expand their digital services.
OnABudget takeaway: As fibre companies like CIVH become more profitable through deals with big players like Vodacom, consumers can expect better internet services. Small businesses and investors should watch this sector closely as it shows potential for growth and improved connectivity across South Africa.