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War over Telecel shares

HARARE – Empowerment Corporation (Private) Limited (EC)’s February 20 extra-ordinary general meeting (EGM) to ratify the sale of its 40 percent stake in Telecel Zimbabwe (Private) Limited (Telecel) hangs in the balance after key shareholder Jane Mutasa has moved to oppose it. This comes as squabbling and infighting has intensified among the founding empowerment shareholders…

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