Tag Archives: NetOne

TelOne and NetOne to be privatised

Zimbabwe government-owned telecoms company, TelOne, and its mobile subsidiary NetOne, will be partially privatised by September 2019 according to the country’s finance minister, Mthuli Ncube. The government is looking to fast-track the partial privatisation process that would result in the state owning at least 40% equity in TelOne and NetOne, which are offered as a [...]

NetOne negotiates with Telkom for a possible joint venture in Zimbabwe

NetOne, the state-owned mobile operator has begun negotiations with South African telecom operator Telkom to form a new joint venture in Zimbabwe. NetOne is among the 35 state-owned enterprises that the government has decided to privatize to raise funds to strengthen the state’s finances and finance its Transition Stabilization Program (TSP). Zimbabwes treasury is extending [...]

Government to privatize TelOne and NetOne in the next six months in Zimbabwe

Zimbabwe’s finance minister, Mthuli Mcube, announced on October 5, 2018 that the government will privatize TelOne and NetOne, within the next six months. During a press conference, the government representative explained that this operation is part of the Transitional Stabilization Program (TSP). The finance minister said it is a set of institutional reforms taken by [...]