Maziv Pledges R9billion and 10,000 Jobs at SA Investment Conference

Maziv, South Africa’s premier open-access fibre infrastructure provider, has pledged a monumental R9 billion investment at the sixth South Africa Investment Conference. This five-year capital injection is meant to dramatically accelerate the nation’s high-speed digital rollout, promising a staggering 10,000 direct and indirect job opportunities over seven years. The move solidifies Maziv’s role in supercharging South Africa’s digital economy and infrastructure evolution.

Catalysing Digital Inclusion and Growth

This significant commitment arrives on the heels of the Competition Commission and ICASA’s approval of Vodacom’s 30% stake acquisition in Maziv. This marks a truly transformative moment, not just for Maziv, but for the millions of citizens who stand to gain from profoundly enhanced connectivity.

“This investment isn’t just capital; it’s a powerful catalyst for true digital inclusion,” states Maziv CEO Dietlof Maré. “We’re not merely building infrastructure; we’re changing lives. By extending high-speed connectivity to every corner of the country, we’re ensuring more South Africans than ever can actively participate in the burgeoning digital economy.”

Prioritising Underserved Areas and Job Creation

Maziv’s strategic rollout will prioritize low-income and underserved regions, ensuring equitable access to high-quality broadband. Beyond commercial expansion, the company’s social mandate includes providing 1 Gbps of free, uncapped access to every public or private school, public clinic, and public library within its network’s reach. This initiative transforms digital infrastructure into a powerful tool for social upliftment, directly supporting the modernization of South Africa’s education and healthcare systems.

The creation of 10,000 job opportunities underscores Maziv’s deep commitment to sustainable economic development. These roles will span both direct employment and a vast ecosystem of indirect opportunities, engaging local Small, Medium, and Micro-sized Enterprises (SMMEs), installers, and community-based service providers. This expansive program is set to cultivate specialized technical skills and foster small business growth across the nation.

Confidence in South Africa’s Digital Future and Open-Access Model

“Our commitment today is a resounding vote of confidence in South Africa’s digital future,” Maré affirms. “By scaling our infrastructure with this R9 billion investment, we are laying the essential foundation for widespread economic participation. We are immensely proud to generate tangible value and guarantee world-class connectivity for all South Africans.”

Maziv remains steadfast in its open-access model, a strategic approach designed to fuel competition among internet service providers, drive down the cost of communication, and ensure a diverse array of service choices for the South African consumer.