TELECOMS & TECHNOLOGY

Telecel ownership storm brewing

A STORM has rocked Telecel Zimbabwe over its ownership structure, as two directors James Makamba and Gerald Mlotshwa, are both claiming chairmanship of the country's third largest telecoms group.Makam...

By Staff reporter | Published: 14 June 2018

TELECOMS & TECHNOLOGY

'Makamba remains in charge of Telecel'

AS the Telecel Zimbabwe ownership wrangle rages on co-founder, Dr James Makamba, has refuted media reports that he has exited the country's third largest mobile network operator, saying he remains in ...

By Staff reporter | Published: 13 June 2018

TELECOMS & TECHNOLOGY

Telecel saga continues, Makamba hangs to shares

A RENEWED ownership wrangle has erupted over the country's third-largest mobile network operator, Telecel Zimbabwe, following the return of self-exiled businessman and co-founder James Makamba after...

By Ngoni Shenjere | Published: 12 June 2018

TELECOMS & TECHNOLOGY

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 ...

By Staff reporter | Published: 28 May 2018

TELECOMS & TECHNOLOGY

James 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 ...

By Staff reporter | Published: 24 May 2018

TELECOMS & TECHNOLOGY

Battle for Telecel control intensifies

TELECEL and Empowerment Corporation (EC) shareholder Gerald Mlotshwa has called for the reconvening of last year's inconclusive extraordinary general meeting (EGM) to adopt the resignation of EC chair...

By Staff reporter | Published: 24 May 2018

TELECOMS & TECHNOLOGY

Nasty fight rocks Telecel

A NASTY fight has erupted in Telecel Zimbabwe as it emerged that one of the shareholders and Empowerment Corporation (EC) chairman, James Makamba, is allegedly trying to push out prominent lawyer Gera...

By Staff reporter | Published: 23 May 2018

TELECOMS & TECHNOLOGY

Telecel top official booted out

PROMINENT lawyer and Telecel board director Gerald Mlotshwa has been booted out of the telecommunications firm by the Empowerment Corporation (EC) which holds a 40% stake in the entity, although share...

By Staff reporter | Published: 18 May 2018

TELECOMS & TECHNOLOGY

Mnangagwa's govt mulls Telecel 100% takeover

GOVERNMENT, which has 60% shareholding at Telecel Zimbabwe, has made a decision not to sell part of its stake to investors interested in the telecommunications company, but instead buy off the minorit...

By Staff reporter | Published: 12 May 2018

TELECOMS & TECHNOLOGY

Govt mulls Telecel 100% takeover

Government which has 60% shareholding at Telecel Zimbabwe, has made a decision not to sell part of its stake to investigators interested in the telecommunications company, but instead, buy off the min...

By Staff reporter | Published: 11 May 2018

TELECOMS & TECHNOLOGY

Telecel board plans recapitalisation

TELECEL Zimbabwe (Telecel) is planning to invest in network expansion as part of strategies to keep ahead of competition in the country's telecommunication industry.This was revealed by the company's ...

By Staff reporter | Published: 13 April 2018

TELECOMS & TECHNOLOGY

Mnangagwa caught up in Telecel Zimbabwe saga

PRESIDENT Emmerson Mnangagwa is caught in an invidious position in the Telecel Zimbabwe saga, as he has to choose between taking sides with his son-in-law and prominent lawyer Gerald Nqobile Mlotshwa,...

By Staff reporter | Published: 06 April 2018

TELECOMS & TECHNOLOGY

EcoCash linked to NetOne, Telecel numbers

ECOCASH's data application is now compatible with NetOne and Telecel numbers, a spokesman for the mobile money service told The Financial Gazette last week.He said holders of lines from other networks...

By Staff reporter | Published: 29 March 2018

TELECOMS & TECHNOLOGY

Tussle for Telecel shares hots up

The ownership of mobile network operator Telecel Zimbabwe continues to hang in limbo amid indication a fresh and potentially bruising legal battle is now brewing within the company after businessman D...

By Staff reporetr | Published: 16 March 2018

INDUSTRIALS & ENERGY

'No need to merge NetOne, Telecel'

THERE is no need to merge NetOne and Telecel Zimbabwe as they have turned the corner, and are now performing well.Government holds 100 percent shareholding in NetOne and 60 percent in Telecel.The rema...

By Staff reporter | Published: 26 February 2018

TELECOMS & TECHNOLOGY

Telecel to launch 'Bundle Mania' promotion

Mobile operator Telecel Zimbabwe has announced that it will be launching a point-based competition, Bundle Mania promotion, for registered subscribers who purchase WhatsApp, Facebook, MegaBoost and Wi...

By Staff reporter | Published: 22 February 2018

TELECOMS & TECHNOLOGY

Investors vie for NetOne, Telecel

FOREIGN investors have tabled offers to buy shareholding in state-owned mobile operators NetOne and Telecel as well as fixed-line telecoms company TelOne, which are all desperate for a fresh capital i...

By Staff reporter | Published: 09 February 2018

TELECOMS & TECHNOLOGY

Mandiwanzira speaks on Telecel deal

THE decision by government to invest in Telecel Zimbabwe where it now has a 60% controlling stake was done in order to resolve shareholder conflicts in the company as well as to empower Zimbabweans, a...

By Staff reporter | Published: 09 February 2018

TELECOMS & TECHNOLOGY

Investors vie for NetOne, Telecel

Foreign investors have tabled offers to buy shareholding in state-owned mobile operators NetOne and Telecel as well as fixed line telecoms company TelOne, which are all desperate for a fresh capital i...

By Staff reporter | Published: 09 February 2018

TELECOMS & TECHNOLOGY

Telecel sues Africom over fees

Local mobile telephone company, Telecel Zimbabwe, has sued Africom over $343 000 from interconnection fees arising from a deal penned in 2011.According to court papers, the two mobile network operator...

By Staff reporter | Published: 05 December 2017

TELECOMS & TECHNOLOGY

Telecel Zimbabwe takeover inches closer

Government is finalising an offer to buy Empowerment Corporation's 40 percent stake in Telecel Zimbabwe, sources familiar with developments have said."It is now clear that the Government wants to buy ...

By Staff reporter | Published: 10 September 2017

TELECOMS & TECHNOLOGY

Telecel begins LTE roll out

Mobile operator Telecel Zimbabwe has announced that it has begun the upgrade of the network in readiness for the launch of LTE services by September and to improve quality of service.The mobile compan...

By Agencies | Published: 24 August 2017

TELECOMS & TECHNOLOGY

Makamba exits Telecel

Self-exiled businessman James Makamba (right) has sold his stake in Empowerment Corporation, a 40 percent shareholder in Telecel Zimbabwe to a local consortium for an undisclosed amount.However, with ...

By Staff reporter | Published: 04 August 2017

TELECOMS & TECHNOLOGY

Zimbabwe govt guns for 100% stake in Telecel

Minister of Information and Communication Technology, Postal and Courier Services, Supa Mandiwanzira told a mobile money conference in Harare on Thursday that the Zimbabwe government is eyeing to who...

By Staff reporter | Published: 03 August 2017

TELECOMS & TECHNOLOGY

Zim mobile industry generates $200m in revenue

Zimbabwe's mobile network industry has grown to become a significant sector of the economy, generating close to $200 million in quarterly revenues and a sizable profits for the three network operators...

By Staff reporter | Published: 25 July 2017
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