Telecel Zimbabwe seeks $200mln reboot

HARARE, May 18 (The Source) – Zimbabwe’s smallest mobile network operator, Telecel  is in discussions with investors over a $200 million loan seen as crucial to reviving its operations. Telecel has 1,8 million active subscribers out of its 4,6 million total customers according to the… Read More

Zim telcos raise $20mln for ICT fund

HARARE, July 27 (The Source) – Government says telecommunication companies have contributed over $20 million to a mooted ICT Youth Innovation Fund to provide seed capital to local start-up techies. The fund is a collaborative effort between the ICT ministry, the regulator Postal and Regulatory… Read More

Telecel approaches govt to resolve its licence gridlock

HARARE, March 13, (The Source) – Shareholders of the telecommunications company Telecel Zimbabwe have approached the government to resolve issues surrounding its licencing and non-compliance with local ownership regulations, the company said on Friday. Dutch-headquartered communications firm VimpelCom has a 60 percent shareholding in Telecel,… Read More