Johann Rupert’s Remgro said on Tuesday that it is not looking to sell fibre providers Vumatel and Dark Fibre Africa , but rather seeking a BEE partner and to raise money.
This followed Bloomberg reports that Remgro, a holding company worth more than R100bn, is in conversations to sell stakes in the two fibre companies. CEO Jannie Durand said: “[We are] definitely not selling. We are raising raising capital and introducing a BEE partner.” On Monday, Bloomberg reported that Rupert was considering selling stakes in two SA fibre networks valued at as much as R22.19bn, according to people with knowledge of the matter.
Bloomberg said the tycoon is working with an adviser to gauge interest from potential investors in buying stakes in Vumatel and DFA, attributing this to people who asked not to be identified. Rupert owns stakes in the two companies through Community Investment Ventures Holdings, a unit of JSE-listed Remgro.
Their simply hunting for corruption
Try a school as a beneficiary - real benefits to real people.
daisy_matlou They are just trying to be seem as if they are about transformation
Hunting 🤣🤣🤣 Please just once assume that SAns aren't idiots...
Ngikhona bo...
Remgro has a direct contact to ANC moss
Unathi_Kwaza Fuck BEE, BBBEE and AA!! It's killing our country! Cc: CyrilRamaphosa
Unathi_Kwaza Shame. They are not free to choose .... what has it all come to.
Unathi_Kwaza Eazy peazy ..... Get hold of CR17.Fixed it ....
Hunting ?
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