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Vumatel Appoints New CTO

Fibre network operator, Vuma has appointed Francois Swart as its Chief Technology Officer (CTO), a role that it believes will bolster the company’s continued focus on innovation and industry leadership. Swart, who has more than 30 years experience in the telecommunications industry believes that customer-centricity is the cornerstone of working in this industry and that it is important to never lose sight of who the end result of innovation, investment and solutions are for. Dietlof Mare, CEO of Vuma, says “Francois brings to our leadership team a unique experience and skillset that spans IT and telecommunications and we look forward to the role he will play in shaping our company’s technology portfolio.” /* custom css */ .tdi_3_e45.td-a-rec-img{ text-align: left; }.tdi_3_e45.td-a-rec-img ...

Vumatel and Dark Fibre Africa Prepare for Massive Demand in Data Services

Since the onset of COVID-19 and the consequential lockdown, reliable and fast Internet connectivity has become a vital requirement for businesses and individuals working and learning from home. Expansion in the digital economy and the resultant exponential growth in demand for connectivity is driving the laying of underground fibre-optic cable to feed internet-hungry homes and businesses. It is arguably the highest-growth industry in South Africa today, outstripping other sectors of the economy – even before the current crisis. That’s according to Jessica Spira, Business Development Director at Rand Merchant Bank (RMB). The bank was the joint mandated lead arranger and co-funder of an $8.7-million (R16-billion) senior debt financing package provided to Community Investment Ventures Holding...