Johannesburg, Gauteng, South Africa, October 2025 – Vumatel, South Africa’s pioneering Fibre-to-the-Home (FTTH) broadband infrastructure company, has announced the appointment of Wayne Levitas as its new Chief Financial Officer (CFO). In this key leadership role, Wayne will oversee Vumatel’s financial strategy, governance, and operational performance as the company continues to expand its digital infrastructure footprint and enable affordable, high-speed connectivity across South Africa.
With over two decades of leadership experience in finance, strategy, and commercial operations, Wayne Levitas brings a dynamic blend of corporate finance expertise and entrepreneurial insight to his new role at Vumatel.
Before joining Vumatel, Wayne served as Chief Commercial Officer at Tudortech, where he led business transformation, commercial strategy, and financial performance initiatives, strengthening the company’s market competitiveness. Prior to that, he held the position of Chief Financial Officer at AKELO Group, driving strategic financial management and operational efficiency across the group’s portfolio of businesses.
Wayne also served as Chief Financial Officer at Cell Network SA, where he was responsible for leading corporate finance, compliance, and restructuring during a crucial growth phase. Earlier, at FrontierCo, he held dual leadership roles—first as Finance Executive and later as Chief Financial Officer—where he played a pivotal role in aligning financial strategy with expansion goals, investor relations, and multi-entity governance.
Earlier in his career, Wayne spent several years with CAVI Brands, where he progressed from Commercial Executive to CEO of INCO Beverages, overseeing both operational and strategic business growth. His leadership at EY as Head of Enterprise Performance Management in the Management Consulting division further deepened his capabilities in corporate performance optimization, digital transformation, and business process improvement.
Wayne’s early career included finance and consulting roles at Raizcorp, Prostart Investments, and Transaction Capital, as well as audit and managerial positions at Deloitte South Africa and EY, where he began his career as an articled clerk. This extensive experience across industries—ranging from telecommunications and finance to consumer goods and consulting—has equipped him with a holistic perspective on business performance and value creation.
About Vumatel
Founded in 2014 by Niel Schoeman and Johan Pretorius, Vumatel is widely recognized as the pioneer of Fibre-to-the-Home (FTTH) in South Africa. Beginning with its pilot project in Parkhurst, Johannesburg, Vumatel has since revolutionized digital connectivity by building open-access fibre networks that serve homes, businesses, and schools across Johannesburg, Cape Town, and Durban.
Vumatel’s model ensures that every home, complex, and apartment block is connected to high-speed fibre infrastructure, while partnering with more than 20 Internet Service Providers, including Cell C, Afrihost, MWEB, and Telkom, to deliver affordable, world-class broadband services. The company is also committed to bridging the digital divide by providing free 1Gbps connections to every primary and high school it passes, supporting education and digital inclusivity across communities.
As the FTTH industry leader, Vumatel continues to champion a connected and future-ready South Africa, ensuring that its open-access model drives competition, reduces prices, and supports long-term digital transformation.
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