Maziv Announces $530 Million Investment to Expand Network Connectivity in South Africa
Maziv, a South African open-access fibre network provider, has announced a significant investment plan to enhance network connectivity across South Africa. The company, which owns major brands like Vumatel and Dark Fibre Africa, committed to investing R9 billion (approximately US$530 million) over the next five to seven years. This investment was announced at the 2026 South African Investment Conference. Maziv aims to prioritize low-income and underserved areas by rolling out new fibre infrastructure, promising high-quality broadband access to these communities. Additionally, the company plans to provide 1Gbps free, uncapped internet access to public and private schools, clinics, and libraries within its network coverage. The initiative is expected to create 10,000 new jobs, either directly through infrastructure rollout or indirectly via partnerships with local small and medium-sized enterprises (SMMEs) and community-based service providers.