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

Reactions to the 2014 budget

Tendai Biti – Former finance minister and MDC-T secretary-general The projected GDP growth rate for 2014 is unrealistic. The underlying projections that the economy will grow are false and fictitious. The country is starved of capital hence the modest budget of $4 billion. The budget… Read More