Telecel Zimbabwe

Government to buy Telecel through NSSA?

According to sources, NSSA will either front the funds on behalf of ZARNET or be a guarantor for the ISP. Should ZARNET fail to reimburse the pension fund then NSSA will take over the 60% shareholding in the entity. Little has been said of the involvement the Empowerment Corporation (EC), Telecel's minority shareholder, will have.