TELECOMS & TECHNOLOGY

Shares in Liquid are like $135m cash, says Mboweni

Econet Wireless Zimbabwe (EZW) CEO Douglas Mboweni has described the company's equity stake in Liquid Telecom Holdings, which is just under 10% as "a US$135 million forex reserve".Speaking about the f...

TELECOMS & TECHNOLOGY

Econet owed over $26m

MOBILE telecommunications operator, Econet Wireless Zimbabwe (Econet), is owed over $26 million by local partners, a situation that has affected the firm's cash flow, chairman, James Myers, has said....

AFRICA BUSINESS

Tito Mboweni 'fired' as Brics bank director

Former South African Reserve Bank governor Tito Mboweni has been removed from the board of directors of the New Development Bank - commonly known as the Brics bank - after two years. According to the ...

Tito Mboweni resigns from PPC Board

South African cement producer Portland Pretoria Cement (PPC), which is the parent company of PPC Zimbabwe, has advised its shareholders that Mr Tito Mboweni, an independent non-executive director, and...

TELECOMS & TECHNOLOGY

'Potraz has no business in operational areas,' says Econet chief

Mobile telecommunications giant, Econet Wireless, says statutory regulator, the Post and Telecommunications Regulatory Authority, has no business in operational areas and needs to confine itself to be...