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51 Zimbabwe parastatals fail to submit financials
A total of fifty-one state-owned enterprises have failed to submit their financial statements for auditing to the Auditor-General, as required by law.The Acting Auditor-General, Mrs. Rhea Kuji...Published: 02 Nov 2023 at 05:40hrs | 7 | by Staff reporter
'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
Govt increases internet access in rural areas
GOVERNMENT has reaffirmed its commitment towards increasing the internet penetration rate to 75,4 percent by year 2025 in order to ensure improved access and usage of Information Communication Technol...Published: 05 Dec 2021 at 06:15hrs | 6 | by Staff reporter
Nearly 1 000 remote schools get Internet
THE Zimbabwe Academic and Research Network (ZARNet) has connected more than 800 schools in remote parts of the country to the internet to promote e-learning after traditional teaching and learning pro...Published: 24 Sep 2021 at 09:11hrs | | by Staff reporter
Mugabe blocked son-in-law, daughter and nephew over attempts to take over Telecel
WHILE the late former president Robert Mugabe's regime was corrupt and incompetent it allowed ministers, top civil servants and its business cronies to loot public resources Mugabe himself was very st...Published: 06 Mar 2021 at 08:00hrs | | by Staff reporter
Cops implicated in Zanu-PF DCC election rigging
POLICE officers have been implicated in the Zanu-PF district co-ordinating committees (DCC) election rigging scandals in Mutoko East with allegations that they were paid to vote as party members....Published: 08 Dec 2020 at 21:26hrs | 7 | by Staff reporter
James Makamba's empire crumbles
PROMINENT businessman Mr James Makamba's empire seems to be crumbling after the High Court placed his Kestrel Corporation under provisional judicial management as Mr George Manyere fights to recover h...Published: 30 Mar 2019 at 22:40hrs | | by Staff reporter
Cabinet approves parastatal reforms
CABINET yesterday approved a litany of measures meant to strengthen under-performing parastatals such as Air Zimbabwe, the Grain Marketing Board and Zesa Holdings.Addressing journalists soon a...Published: 06 Feb 2019 at 08:17hrs | | by Staff reporter
Zimbabwe pushes for increased Internet usage
ICT minister Kazembe Kazembe says government is forging ahead with its plans push to bring high-speed Internet to rural areas around the country in an effort to accelerate economic development....Published: 30 Jan 2019 at 15:13hrs | 1 | by Staff reporter
'Privatising parastatals will bring opportunities'
THE Parliamentary Portfolio Committee on Information Communication Technology says government's plan to privatise parastatals such as TelOne, NetOne, Zarnet and Telecel will bring new opportunities fo...Published: 09 Jan 2019 at 11:24hrs | | by Staff reporter
Mnangagwa's govt unveils parastatal reform strategy
Government has rolled out detailed plans for the restructuring of State-owned Enterprises (SOEs), with 41 entities lined-up for privatisation, departmentalisation and listing on the Zimbabwe Stock Exc...Published: 13 Nov 2018 at 05:42hrs | 8 | by Staff reporter
16 State enterprises to be privatised
The government is undertaking a raft of State enterprise reforms under which 16 entities will be privatised, 13 parastatals merged while two others will be liquidated, State Enterprises Restructuring ...Published: 03 Oct 2018 at 15:22hrs | 1 | by Staff reporter
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....Published: 14 Jun 2018 at 07:54hrs | | by Staff reporter
Government restructures Zesa
GOVERNMENT will not appoint new boards for Zesa subsidiaries after the expiry of their terms today (June 11, 2018) in line with reforms taking place in State-owned enterprises and parastatals, a Cabin...Published: 11 Jun 2018 at 06:59hrs | | by Staff Reporter
WikiLeaks: 25 most corrupt ministers and public figures in Zimbabwe
These individuals will never be prosecuted by the Mnangagwa government because he is involved with entirely all of them. Either they were in the deal together or they know too much of his own dirty de...Published: 03 Jun 2018 at 11:06hrs | 28 | by WikiLeaks
Makamba trying to push Mlotshwa out of Telecel Zimbabwe
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...Published: 23 May 2018 at 07:52hrs | | by Staff rpeorter
'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....Published: 26 Feb 2018 at 05:40hrs | | 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
Mandiwanzira denies he is corrupt
INFORMATION and Communication Technology (ICT) minister Supa Mandiwanzira says his hands are clean in the face of corruption allegations levelled against him by former NetOne chief executive officer R...Published: 09 Feb 2018 at 06:16hrs | | by Staff reporter
Econet maintains market leadership
Econet Wireless Zimbabwe maintained its leading market position with over 50% customer market share of the mobile industry, and 78% revenue market share ahead of its two main competitors, NetOne and T...Published: 22 Oct 2017 at 13:51hrs | | by Staff reporter
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.Howeve...Published: 04 Aug 2017 at 12:58hrs | 14 | by Staff reporter
Mugabe speaks on succession
President Robert Mugabe says he appreciates that there are people in Zanu-PF ambitious to lead the country but says he is not prepared to leave the people divided.Speaking during the fifth Pre...Published: 29 Jul 2017 at 20:40hrs | | by Staff reporter
Telecel takeover in new twist
National Social Security Authority (Nssa) said it will relinquish its controlling stake in Telecel Zimbabwe to Zarnet after three years, as a way of protecting its investment.This was afte...Published: 26 Jan 2017 at 05:50hrs | | by Staff reporter
Telecel takeover above board
Netherlands-based integrated telecommunications services operator, VimpelCom, says the disposal of its 60 percent shareholding in Telecel Zimbabwe (Telecel) was above board.This was after ...Published: 23 Nov 2016 at 14:34hrs | | by Staff reporter
New twist to Telecel takeover
The disposal of Telecel Zimbabwe (TZ) by its international parent VimpelCom continues to be mired in controversy as James Makamba's Empowerment Corporation (EC) has threatened to sue the Netherlan...Published: 18 Nov 2016 at 06:57hrs | | by Staff reporter
Takamuka petition Mugabe on bond notes
Protest movement #Tajamuka has drafted a petition to President Robert Mugabe over planned introduction of controversial bond notes.The group which has in recent months organised demonstrations...Published: 10 Oct 2016 at 09:31hrs | | by Thobekile Zhou
Govt calls NSSA to order over Telecel acquisition
Government has called the National Social Security Authority to order directing the authority to focus on financing the acquisition of Telecel Zimbabwe through Zarnet, instead of attempting to usurp t...Published: 25 Aug 2016 at 08:01hrs | | by Conrad Mwanawashe
New battle erupts over Telecel
Sources said a new battle has erupted between Zarnet and NSSA which now wants to take over Telecel instead of being merely the financier. NSSA initially rejected the proposal saying it was...Published: 19 Aug 2016 at 08:02hrs | | by Staff reporter
Dokora in computerisation scam
PRIMARY and Secondary Education minister Lazarus Dokora has been sucked into multi-million-dollar computerisation scam. This comes amid reports that he incorporated a privately-owned company which...Published: 01 Jul 2016 at 11:16hrs | 3 | by Staff reporter
NetOne manages to set up 652 base stations across the country
The government owned mobile network provider NetOne has reportedly recorded significant grown as it has since managed to set up 652 base stations across the country and having a combination of 3G and ...Published: 23 May 2016 at 07:12hrs | 2 | by Stephen Jakes
Telecel acquisition concluded: Zimbabwe govt becomes major shareholder
THE government is now the major shareholder in mobile phone company, Telecel Zimbabwe, after fully paying $40 million for the 60 percent stake in the firm previously owned by Russian telecoms group, V...Published: 09 Mar 2016 at 05:38hrs | | by Staff reporter
'We still own Telecel Zimbabwe,' says VimpelCom
VimpelCom Limited says it still owns a majority stake in Telecel Zimbabwe Limited, as negotiations with the government over the 60 percent by out continue. Last year, VimpelCom was pressur...Published: 25 Feb 2016 at 07:31hrs | 1 | by Staff reporter
Telecel deal to be finalized
President Robert Mugabe's government this was week expected to pay VimpelCom Limited about $30 million in outstanding funds for a 60 percent stake in Telecel Zimbabwe. Although company exe...Published: 22 Jan 2016 at 07:17hrs | | by Staff reporter
Government yet to court the Empowerment Corporation over Telecel
THE envisaged complete takeover of Telecel Zimbabwe by Government might take long amid indications that the new majority shareholder is yet to engage the minority shareholders – the Empowerment Corp...Published: 13 Dec 2015 at 08:59hrs | | by Africa Moyo
Telecel Zimbabwe sold to government's Zarnet
VimpelCom today announced that its 51.9%...Published: 18 Nov 2015 at 11:36hrs | | by Staff reporter
Govt, NSSA in tussle over Vimpelcom 60% shares in Telecel
Zimbabwe government was recently engaged in hot tussle with the National Social Security Authority (NSSA) over the Vimpelcom 60% shares which were up for grabs in the Telecel Zimbabwe Company....Published: 13 Nov 2015 at 13:03hrs | | by Stephen Jakes
Zimbabwe government takes over Telecel
Government has seized control of Telecel Zimbabwe after concluding a $40 000 million deal to take over the country's third largest mobile operator by buying out international telecommunications gi...Published: 13 Nov 2015 at 07:36hrs | | by Staff reporter
Telecel buyout scandal deepens
It has emerged that influential people in government are using Zarnet as a cover to corruptly take over Telecel for private rather than public benefit.This comes to light after information...Published: 24 Jul 2015 at 09:36hrs | | by Staff reporter
Telecel: Govt shuts out private investors
The government has effectively elbowed out private investors in its quest to acquire equity in Telecel. Despite there being a private investor who is willing to invest capital into Telecel...Published: 17 Jul 2015 at 06:59hrs | | by Staff reporter
Mandiwanzira confirms Government's plans of buying Telecel Zimbabwe
ICT, Postal and Courier Services minister Supa Mandiwanzira has confirmed Government's plans of buying Telecel Zimbabwe, saying the mobile operator's shareholders have offered to sell their stake....Published: 16 Jul 2015 at 06:38hrs | | by Staff Reporter
Govt to buy Telecel Zimbabwe
Government is set to buy the entire shareholding of Telecel Zimbabwe, the country's third largest mobile operator, as it moves to increase its influence in the telecommunications sector. ...Published: 14 Jul 2015 at 08:38hrs | | by Staff reporter
NetOne targets $200m revenue by year-end
State owned mobile telecommunications service provider NetOne is aiming to achieve revenues of $200 million by year end as it moves ahead with its network expansion project which has a strong focus on...Published: 14 Apr 2015 at 16:40hrs | | by Staff reporter
Watch LIVE streaming of Mugabe's 91st birthday party
The Zimbabwe Broadcasting Corporation will stream LIVE President Robert Mugabe's 91st birthday celebrations taking place in Victoria Falls. To watch LIVE, ...Published: 27 Feb 2015 at 10:58hrs | | by Staff reporter
Zimbabwe ICT Policy Review, the Roadmap
The Ministry of Information and Communication Technology (MICT) has embarked on a 2 month long process to craft a new ICT Policy. The current ICT Policy was produced in 2005. At a press conference pri...Published: 09 Jul 2012 at 14:13hrs | 18 | by Brian Gondo I techzim
Mbeki the best candidate for the AU Commission Chairmanship
I read with great interest that the Southern African Development Community is backing Dr Nkosa-zana Zuma to take over from Dr Jean Ping as the next African Union Commission (AUC) Chairperson and...Published: 28 Sep 2011 at 09:12hrs | | by Dr P Chimedz
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