New twist to Telecel ownership saga
HARARE – The on-going Telecel ownership saga took a new twist this week when one of the shareholders, Magamba Echimurenga Housing Scheme, distanced itself from the proposed deal to dispose of the 40% stake.
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HARARE – The on-going Telecel ownership saga took a new twist this week when one of the shareholders, Magamba Echimurenga Housing Scheme, distanced itself from the proposed deal to dispose of the 40% stake.
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) shares after failing to pay for their allotted scrip, documents show.