A subset $S$ of nodes in a graph $G$ is a $k$-connected $m$-dominating set ($(k,m)$-cds) if the subgraph $G[S]$ induced by $S$ is $k$-connected and every $v \in V \setminus S$ has at least $m$ neighbors in $S$. In the $k$-Connected $m$-Dominating Set ($(k,m)$-CDS) problem the goal is to find a minimum weight $(k,m)$-cds in a node-weighted graph. For $m \geq k$ we obtain the following approximation ratios. For general graphs our ratio $O(k \ln n)$ improves the previous best ratio $O(k^2 \ln n)$ and matches the best known ratio for unit weights. For unit disc graphs we improve the ratio $O(k \ln k)$ to $\min\left\{\frac{m}{m-k},k^{2/3}\right\} \cdot O(\ln^2 k)$ -- this is the first sublinear ratio for the problem, and the first polylogarithmic ratio $O(\ln^2 k)/��$ when $m \geq (1+��)k$; furthermore, we obtain ratio $\min\left\{\frac{m}{m-k},\sqrt{k}\right\} \cdot O(\ln^2 k)$ for uniform weights. These results are obtained by showing the same ratios for the Subset $k$-Connectivity problem when the set $T$ of terminals is an $m$-dominating set with $m \geq k$.