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Another Telecel blow for Mutasa

HARARE – Zimbabwe’s High Court has dismissed businesswoman Jane Mutasa’s bid to block the sale of Empowerment Corporation (Private) Limited (EC)’s 40 percent stake in Telecel Zimbabwe (Private) Limited (Telecel), thus further muddying the investment firm’s boardroom wars. The ruling, however, comes as the government has threatened to cancel the mobile operator’s licence and EC…

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