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Telecel Zimbabwe

Telecel saga takes new twist

The topsy-turvy 40 percent ownership saga of Telecel Zimbabwe’s shares, which are held by Empowerment Corporation (EC) has taken a new twist amid claims and counterclaims between the local grouping’s company secretaries, James Makamba and…
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Makamba dribbles Mlotshwa, partners

Another bruising battle is looming at Telecel Zimbabwe (Private) Limited (Telecel) as company chairman James Makamba has furtively sought to eject one of his Empowerment Corporation (EC) partners and board member Gerald Mlotshwa.
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James Makamba dragged to court

A war veterans group — Magamba Echimurenga Housing Trust (Magamba) — has dragged businessman James Makamba and nine other entities to the High Court demanding an order barring the tycoon from continuing to sell shares in a firm that owns a…
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NSSA pays $7m for Telecel deal

The pay-as-you-go pension scheme, the National Social Security Authority (Nssa), received $7 million from government in the second quarter of the year for facilitating the acquisition of Telecel Zimbabwe (TZ) by the State-run Internet…
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Telecel launches Lucky Number promotion

Telecel Zimbabwe recently launched an SMS based promotion called Lucky Number which gives its subscribers the chance to win up to a total of $5 million in prizes over a three month period by using the last seven digits of their mobile…
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