Zimbabwe Hopes To Raise US$350-Million From Telco Shares

According to Zimbabwe’s Finance Minister Mthuli Ncube, Zimbabwe is hopeful that it will raise approximately US$350-million from selling shares in state-owned telcos as part of the country’s economic reforms. Ncube said that the reforms are aimed at strengthening the economy and cutting down on expenditure. The fixed phone operator TelOne and mobile operators Telecel and NetOne, as well as the …Read the Original Article

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