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Vimpelcom seeks Mugabe help

by Staff reporter
10 May 2016 at 08:57hrs | Views

Amsterdam based mobile phone operator Vimplecom is seeking president Mugabe's assistance to secure an outstanding $30 million for the sake of its 60% shareholding in Telecel Zimbabwe.

People privy to goings on at the Nasquad-listed telecommunications company said that Vimplecom has since written to the non-agrarian leader to allow his government to expedite the payment which as supposed to have been completed two months ago.

Vimplecom announced in November last year  it had agreed to sell to the government its shares in the southern African nations smallest mobile telecommunications company on conditions that the transaction had to be conclude within 120 days.

Source - dailynews
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