Remgro-controlled telecoms group Community Investment Ventures Holdings (CIVH), the parent company of Dark Fibre Africa and Vumatel, has appointed ALI Fellow Raymond Ndlovu as CEO.
CIVH has ambitious growth plans, and Ndlovu’s primary role is to drive a diversified wholesale, open-access ICT infrastructure business.
He knows the business well, as he has been investment executive and a management board member at Remgro since 2013. Before this, he moved around in the financial services sector for 15 years, including roles in investment banking, asset management and stockbroking.
Ndlovu’s hobby and other business is wine. He is a co-founder and owner of Black Elephant Vintners, an artisanal premium wine production and marketing business in Franschhoek, Western Cape. There, he makes a significant contribution to the community through serving on the boards of several service organisations, including the Franschhoek Wine Valley and Tourism Association, and the Franschhoek Valley Football Academy, an ALI-inspired social-impact initiative.