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Makamba’s EC acquires further 11% Telecel stake

HARARE – Empowerment Corporation (Private) Limited (EC), a local investment group led by businessman James Makamba, has acquired an 11 percent stake in Telecel Zimbabwe (Private) Limited (Telecel) and as it seeks to raise its shareholding to 60 percent. This also comes as the diversely-owned investment group has officially announced Patrick Zhuwao’s appointment as its…

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