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'Mugabe did not actively push for his family's primitive accumulation of wealth'
THE late president Robert Mugabe stopped his son-in-law Simba Chikore and daughter Bona from joining the scramble to take over the country's third-largest mobile network operator, Telecel Zimbabwe....Published: 13 Mar 2023 at 08:13hrs | | by Staff reporter
ZSE outsmarts African peers
THE Zimbabwe Stock Exchange (ZSE) was the second best performing bourse, after the Egyptian Exchange, last week among seventeen regional stock markets tracked by researchers at African Markets....Published: 22 Jan 2021 at 06:41hrs | 8 | by Staff reporter
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...Published: 09 Feb 2018 at 07:44hrs | | by Staff reporter
Telecel closure: Zanu-PF double standards exposed
Telecel Zimbabwe (Telecel) licence cancellation by the country's telecommunication regulator smacks of hypocrisy and Zanu-PF-led government's double standards when dealing with perceived political ene...Published: 12 May 2015 at 14:14hrs | | by John Kachembere
'Telecel could yet retain mobile license,' says Mandiwanzira
Telecel Zimbabwe still has an opportunity to keep its mobile-phone license after it was withdrawn by the industry regulator for a failure to comply with local ownership laws.The company "has a...Published: 04 May 2015 at 18:19hrs | | by bloomberg
Burning Telecel to get Mujuru
THE Telecel Zimbabwe (TZ) case study is pregnant with lessons that, at the very least, require critical analysis in order to appreciate the inherent contradictions in the ideology and practice of the ...Published: 03 May 2015 at 13:26hrs | 2 | by Mutumwa Mawere
Telecel teeters on brink of insolvency
Zimbabwe's beleaguered mobile network operator Telecel Zimbabwe's finances are in a sorry state amid indications the company is bankrupt. The company reportedly has management inefficienci...Published: 20 Mar 2015 at 07:56hrs | | by Staff reporter
Telecel Zimbabwe will not be forced to close
GOVERNMENT - through the Ministry of Information Communication Technology, Postal and Courier Services - has effectively cancelled the agreement that has allowed Telecel Zimbabwe to operate, but it wi...Published: 22 Feb 2015 at 08:16hrs | | by Staff reporter
Telecel executive expected in Zimbabwe this week
A Telecel International delegation is expected in Zimbabwe this week to discuss plans to off-load its local unit sources said. This comes amid a crises around Telecel Zimbabwe's licence, ...Published: 22 Jan 2015 at 06:39hrs | 17 | by Staff reporter
Telecel network coverage increase to 85%
TELECEL Zimbabwe network coverage has increased by 35 percentage points to 85 percent since Zimbabwe's economy was dollarised in 2009. According to Telecel, which has invested over $50 million...Published: 10 Apr 2014 at 16:19hrs | 1 | by Paul Nyakazeya
Telecel to be indigenised by month end
TELECEL International, the Egyptian controlling shareholder in Telecel Zimbabwe, has committed to addressing its lopsided shareholding in the mobile phone operator by the end of this month in what wi...Published: 12 Aug 2013 at 08:31hrs | | by Business Reporter
Econet, Telecel disconnection continues
THE standoff between Zimbabwe's largest mobile phone operators has continued a few days after the country's telecoms regulator renewed Telecel's licence after the mobile phone operator submitted a pl...Published: 09 Aug 2013 at 09:29hrs | | by Business reporter
Telecel in negotiations with government over shareholding
TELECEL Zimbabwe has started regularising its lopsided shareholding, a precondition for the renewal of its expired mobile licence, after emissaries of its shareholders met Government officials ...Published: 19 Jul 2013 at 04:57hrs | | by Business Reporter
Orascom team in Zimbabwe to renew Telecel licence
A TEAM from Orascom Telecom Company, Telecel Zimbabwe's parent company, will this week engage Ministry of Transport, Communication and Infrastructural Development officials in a bid to renew the mobil...Published: 17 Jul 2013 at 04:27hrs | | by Business reporter
Telecel licence expires
TELECEL Zimbabwe's mobile operator's licence has expired and the company is battling to address anomalies in its shareholding, a precondition to having it renewed.The country's second biggest...Published: 11 Jul 2013 at 06:28hrs | | by Business reporter
Orascom's Telecel in Zimbabwe snooping storm
EGYPT headquartered mobile telecommunications giant, Orascom Telecom has been battered by allegations of interference in the procurement policy of its Zimbabwean unit, Telecel Zimbabwe, with fears thi...Published: 27 Jun 2013 at 07:58hrs | | by Financial Gazette
Telecel cobbles 'superficial' indigenisation deal
Telecel Zimbabwe is reportedly putting together a "superficial" empowerment deal which it plans to rope in Zanu-PF legislator, Paddy Zhanda, as it races against time to comply with the country's econ...Published: 13 Jun 2013 at 05:12hrs | | by Business reporter
Telecel expanding banking services via mobile phones
TELECEL Zimbabwe Ltd, a unit of Orascom Telecom Holdings Ltd, sees an opportunity expanding banking services via mobile phones as it seeks to generate higher revenue per user, general manager Angeline...Published: 07 Jun 2013 at 03:20hrs | | by Bloomberg
Orascom in talks with Zimbabwe over the Telecel license renewal
The Egyptian owners of Telecel Zimbabwe, Oracom Telecom, revealed yesterday that they are in talks to sort out the license renewal issues they have with the government and local telecommunications reg...Published: 06 Jun 2013 at 04:03hrs | | by Staff reporter
Former Telecel chief demands $1 million
FORMER Telecel Zimbabwe chief executive officer Francis Mawindi has challenged his dismissal and is demanding over $1 million in damages or reinstatement as details emerge that he was firedMaw...Published: 06 Jun 2013 at 03:20hrs | | by Staff reporter
Telecel licence will not be renewed
GOVERNMENT says Telecel Zimbabwe should first address its lopsided shareholding by transferring majority stake in the firm to locals before its mobile phone operator's licence can be renewed. Transpor...Published: 30 May 2013 at 14:08hrs | | by Business reporter
Telecel management mere placeholders
Fresh details have showed that excessive shareholder control and lack of management autonomy pushed out former Telecel Zimbabwe chief executive officer Francis Mawindi from the telecommunications fir...Published: 16 May 2013 at 09:55hrs | | by Staff reporter
'Govt should not allow Telecel to appoint a Swedish national' - AAG
THE Affirmative Action Group says Government should not allow Telecel Zimbabwe to appoint Swedish national and Canadian resident Mr John Swaim as interim managing director of the mobile phone operator...Published: 14 May 2013 at 02:53hrs | 1 | by Golden Sibanda
Telecel risk losing its Zimbabwe operating licence
Government says Telecel Zimbabwe risks losing its operating licence if it fails to comply with the Indigenisation and Economic Empowerment Act.As the mobile operator's saga unfolds, governmen...Published: 05 Apr 2013 at 18:05hrs | 7 | by Business reporter
Telecel leadership squabbles, AAG slams government
The Affirmative Action Group (AGG) has raised concern over failure by government to intervene in the Telecel leadership squabbles and the mobile operator's deliberate disregard of the country's indige...Published: 04 Apr 2013 at 18:30hrs | | by Staff reporter
Telecel Zimbabwe aims at increasing network coverage
Telecel Zimbabwe is aiming for its its network to cover 85% of the country by year end under its 2G network.New chief executive Francis Mawindi told a parliamentary committee on media, inform...Published: 21 Jul 2012 at 06:04hrs | | by Business reporter
Telecel subscribers continue to grow
Mobile telecommunications company Telecel Zimbabwe says its subscribers base has reached 2 million and continues to grow.Telecel Zimbabwe chief commercial officer Ashraf Elguindy said the figu...Published: 12 Jul 2012 at 06:08hrs | | by New Ziana
Telecel Zimbabwe gets Zimbabwean CEO
Mobile network operator, Telecel has appointed a Zimbabwean, Francis Mawindi as chief executive officer, effective from this month, Zimbabwean news agency New Ziana reported.A subsidiary of Or...Published: 04 Jul 2012 at 06:17hrs | | by New Ziana
Telecel network to cover 85 percent of the country
ORASCOM Telecom Holdings has said its local unit, Telecel Zimbabwe, will expand its network to cover at least 85 percent of the country. Orascom has invested US$70 million in the company...Published: 07 May 2012 at 07:56hrs | | by Staff reporter
Telecel Zimbabwe targeting a 60 percent growth in subscribers
TELECEL Zimbabwe is targeting 60 percent growth in subscribers this year in line with its planned US$70 million network expansion and upgrade programme. But newly appointed managing director Mr John S...Published: 03 Feb 2012 at 06:30hrs | | by Staff reporter
Telecel officially launches rebranded image
Telecel Zimbabwe today officially launched its rebranded image, changing its corporate colours to red and white and simplifying its logo.This brings its visual branding in line with that of o...Published: 02 Feb 2012 at 15:28hrs | | by TechZim Staff writer
Orascom Telecom to invest US$70 million Telecel
Egypt-based Orascom Telecom reiterated its commitment to its majority-owned mobile subsidiary Telecel Zimbabwe, after announcing it will invest US$70mn to enhance the GSM operator's national 2G and no...Published: 30 Nov 2011 at 17:22hrs | | by Staff reporter
Foreign mobile phone companies scramble for Zimbabwe's NetOne
Zimbabwe's state-owned mobile phone operator NetOne has attracted interest from at least six foreign investors to buy a stake in the company, NetOne MD Reward Kangai revealed today."In the la...Published: 21 Jul 2011 at 22:20hrs | | by Moyo Roy
Zimbabwe's new mobile operator, Spiritage, to deploy 4G WiMAX
Encouraged by earlier successful African 4G projects, the start-up Spiritage is about to enter the data and voice telephony network market in Zimbabwe and plans to take on its competitors. For over a...Published: 21 Jun 2011 at 06:14hrs | | by Moyo Roy
Econet increase its earnings by 27 percent
Zimbabwe's largest mobile phone operator Econet Wireless recorded a 27 percent rise in full-year earnings after spending $270 million to expand its voice and data services.Earnings per share...Published: 20 Apr 2011 at 19:08hrs | | by Byo24News
Telecel Globe to reduce stake to 49 percent: Mugabe to increase his stake
An Egyptian company Telecel Globe, a subsidiary of Orascom (Pvt) Limited which holds a controlling stake in Zimbabwe's Telecel mobile provider has announced that it will scale down its stake....Published: 01 Apr 2011 at 04:41hrs | | by Byo24News
Orascom Telecom set to comply with Zimbabwe indigenisation laws
Orascom Telecom Holdings SAE is in talks with Zimbabwe’s government on cutting the stake in its unit in the country to 49 percent from 60 percent, the Egyptian company said....Published: 30 Mar 2011 at 12:31hrs | | by Byo24News
MTN wants to buy into Netone
Zimbabwe's state-owned mobile operator NetOne is in talks with South Africa's Sifiso Dabengwa led MTN and other African mob...Published: 09 Mar 2011 at 12:56hrs | | by Byo24NEWS
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