Zim: Telecel investor may just hang up
Telecel’s foreign financier, Global Telecom, is getting cold feet because of bickering among its local empowerment shareholders.
Telecel’s foreign financier, Global Telecom, is getting cold feet because of bickering among its local empowerment shareholders.
An empowerment deal puts the telecommunications group back into the government’s good books.
Zimbabwe cellphone subscribers have increased four-fold since a unity government took office, but firms say they battle to attract investors.