Zero Pindula

WhatsApp Message

*James Makamba to sell Telecel shares*

*Follow Pindula on WhatsApp for daily new updates*
https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?qq

In emailed responses to NewsDay, James Makamba’s Empowerment Corporation Private Limited (EC) corporate adviser Tapiwa Shamu confirmed that they are in talks to sell their 40% stake in Telecel Zimbabwe.

He said that he would give more details when the negotiations reach a conclusion. Said Shamu:

----------
itel A70 256GB
$99USD

WhatsApp: https://wa.me/+263715068543
Calls: 0772464000
----------

> I can confirm that EC is currently in discussions with potential purchasers. TZL is an attractive asset in a high-growth sector with a strong market position, so we have received a number of approaches as you would expect over time. The discussions are, as is customary in these types of transactions, covered by confidentiality clauses so I cannot provide any details at this stage. Should the negotiations reach a conclusion, whether in a transaction or not, I will be sure to brief the media promptly.

Last week, Information Communication Technology minister Supa Mandiwanzira disclosed that the government wants to buy the remaining 40% shares in Telecel Zimbabwe to make it a parastatal.

More: NewsDay

_If you found this article useful_
*Please support Pindula by forwarding to friends and groups*