Finally, someone to buy Telecel. Brainworks moves to end Indigenisation Impasse

By L.S.M Kabweza In a move that’s likely to breath new life into Telecel Zimbabwe, local private equity equity investment and advisory firm, Brainworks Capital Management, has offered to buy the 40% minority stake held by The Empowerment Corporation in the telecoms firm. A report in today’s Herald Newspaper says the investment firm has offered some $20 million for the stake. […] …read more

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