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Zimbabwean govt still hopes to find investor for 74% stake in NetOne

Monday 2 March 2020 | 10:11 CET | News
Zimbabwean mobile company NetOne has failed to attract an investor for a majority shareholding (74%), ITWeb reported. Finance minister Mthuli Ncube had initially set September 2019 as the deadline for selling off the stake, but this was moved to December 2019. Despite an aggressive push by the government to woo potential investors, including the likes of MTN, there has been no progress, it said.

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Categories: Mobile & Wireless
Companies: MTN / NetOne / Telkom / TelOne
Countries: Zimbabwe
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