The battle for Telecel continues: bid to block sale fails

By Nigel Gambanga The tussle for the ownership of mobile operator, Telecel rages on. According to a report in the Daily News, a court ruling on the upcoming sale of shares was passed yesterday. Jane Mutasa, a shareholder of Empowerment Corporation which owns a 40% in Telecel Zimbabwe, along with Selpon Investments (Mtasa’s investment vehicle) and Magamba eChimurenga, submitted […] …read more

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