Monetarypolicyoutlook

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