Vodacom Group Limited has announced that its proposed acquisition of a 30 interest in Maziv Proprietary Limited has received the necessary regulatory approvals and met all conditions precedent. Maziv is the holding company for fibre assets owned by Community Investment Ventures Holdings CIVH, including Vumatel and Dark Fibre Africa. The transaction, first announced on SENS on 10 November 2021, is set for implementation on 1 December 2025.
The Independent Communications Authority of South Africa ICASA has granted approval for the transaction, enabling Vodacom to proceed with its strategic investment in South Africa's fibre infrastructure. The company confirmed that all remaining conditions required to finalize the deal have been satisfied, marking a major milestone in the expansion of its fibre network capabilities.
Shareholders were also referred to a related announcement published by Remgro on SENS, which provides additional context on the transaction. Vodacom's sponsorship and advisory services for the deal are provided by Investec Bank Limited.