Empowerment Corporation

HARARE - Harare businesswoman Jane Mutasa’s Indigenous Business Women Organisation (IBWO) and several other Telecel Zimbabwe (Private) Limited (Telecel) founding shareholders forfeited their Empowerment Corporation (Private) Limited (EC)…
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HARARE - Telecel Zimbabwe (Private) Limited management has denied claims that its suspended chairperson Jane Mutasa is still a shareholder. This follows a court application by the businesswoman demanding company minutes and resolutions.
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The Zimbabwean government has declined to renew the operating license of Telecel Zimbabwe, the country's second-largest mobile operator, for allegedly refusing to abide by the country's foreign ownership law.
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