Maziv, South Africa’s leading open-access fibre infrastructure provider, has announced a landmark R9 billion investment pledge at the sixth South Africa Investment Conference. This significant capital commitment, spanning the next five years, is set to accelerate the country’s high-speed digital rollout and includes a dedicated pledge to create 10,000 direct and indirect job opportunities over 7 years, reinforcing Maziv’s role as a primary driver of South Africa’s digital economy and infrastructure development.
The pledge follows the approval of Vodacom’s acquisition of a 30% stake in Maziv by the Competition Commission and ICASA and marks a transformative chapter for Maziv and the millions of citizens who will benefit from enhanced connectivity.
“The investment is a powerful catalyst for digital inclusion. This is much more than infrastructure; it’s about changing lives. By bringing high speed connectivity to every corner of the country, we are ensuring that more people than ever before can participate in the digital economy,” says Maziv CEO Dietlof Maré.
Dietlof Mare – Maziv Chief Executive Officer
Maziv’s rollout plan will prioritise low income and underserved areas; ensuring that residents gain access to high-quality broadband. As part of its social mandate, Maziv will also provide 1 (one) Gbps free, uncapped access to every public or private school, public clinic and public library passed by its network, effectively turning digital infrastructure into a tool for social upliftment while supporting the modernisation of South Africa’s education and healthcare systems.
The pledge to create 10,000 job opportunities underscores Maziv’s commitment to sustainable economic development. These opportunities will include direct and indirect employment opportunities through a vast ecosystem of local SMME partners, installers, and community-based service providers. This initiative aims to foster specialised technical skills and support small business growth across South Africa.
“Our commitment today is a vote of confidence in South Africa’s digital future,” says Maré “By scaling our infrastructure through this R9 billion investment we are building a foundation for economic participation. We are proud to create tangible value and ensure that world-class connectivity is accessible for all South Africans.”
Maziv remains dedicated to its open-access model, which encourages competition among internet service providers, drives down the cost to communicate, and ensures a diverse choice of services for the South African consumer.
