Tribunal clears Vumatel’s takeover of Herotel

Tribunal clears Vumatel’s takeover of Herotel

The Competition Tribunal has approved the sale of Herotel to Vumatel, but only subject to an extensive set of conditions aimed at safeguarding competition. The decision clears the way for Vumatel, which is already a shareholder in Herotel, to acquire full control of the business. Vumatel, a subsidiary of Maziv, is South Africa’s largest fibre-to-the-home…

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SITA clears R3.2m municipal shortfall

SITA clears R3.2m municipal shortfall

SITA’s head office in Erasmuskloof, Pretoria. (Photograph by Lesley Moyo) The State Information Technology Agency (SITA) has confirmed it has today settled its municipal account with the City of Tshwane following a temporary suspension of services at its Erasmuskloof head office. In a statement, the agency says it maintains a prepaid account with the municipality,…

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