Vumatel-CIVH merger: RMB's Jessica Spira on her bank's role in the deal

Loading player...
At the end of April this year, the Competition Tribunal approved, subject to conditions, a merger involving Community Investment Ventures Holdings (CIVH) and Vumatel, bumping up CIVH's shareholding in the fibre-broadband provider. The deal means that Johann Rupert-linked CIVH now has sole control of Vumatel in what is a major local technology play. Interestingly, Rand Merchant Bank had a pivotal role to play in this transaction. The bank's Business Development Director, Jessica Spira, explains more in this interview. - Gareth van Zyl Learn more about your ad choices. Visit megaphone.fm/adchoices
26 May 2019 11PM English South Africa Investing · Business News

Other recent episodes

Grant Abbott: Hope for Fort Hare after VC’s suspension

The suspension of Fort Hare Vice Chancellor Professor Sakhela Buhlungu has been hailed by Grant Abbott, the General Secretary of the National Tertiary Education Union. “He came in as a corruption buster, saying he's going to renew the institution and root out corruption. If anything, he's allowed the corruption to…
1 Apr 9AM 14 min