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October 04, 2015 12:04 AM ET

Wireless Telecommunication Services

Company Overview of TeleceL Zimbabwe Pvt. Ltd.

Company Overview

TeleceL Zimbabwe Pvt., Ltd., a telecommunication company, operates a mobile network in Zimbabwe. It offers prepaid service and post paid or contract service. The company also provides various services, including money transfer, pay phone, short message service, call forwarding, call barring, call holding, call waiting, mobile data and fax services, conferencing, voicemail, and international roaming service, as well as information briefs, including news items, business and financial briefs, sports news, and lotto results. The company was founded in 1998 and is based in Harare, Zimbabwe. TeleceL Zimbabwe Pvt., Ltd. is a subsidiary of Telecel International Limited.

202 Seke Road




Founded in 1998


263 4 748321


263 4 780999

Key Executives for TeleceL Zimbabwe Pvt. Ltd.

Chief Executive Officer
Finance Director,Company Secretary and Director
Chief Technology Officer
Assistant Technical Director of VAS & Prepaid
Technical Director
Compensation as of Fiscal Year 2015.

TeleceL Zimbabwe Pvt. Ltd. Key Developments

Government To Acquire Stake In Telecel

The Government of Zimbabwe is ready to acquire a 100% stake in TeleceL Zimbabwe Pvt. Ltd. from Empowerment Corporation and VimpelCom who have offered to sell their respective 60% and 40% interests in the business to the government, according to reports.

Government To Reportedly Acquire Telecel

Zimbabwe's Government intends to acquire TeleceL Zimbabwe Pvt. Ltd. A report from News Day quotes an unnamed source as saying: "Telecel shareholders have offered to sell their interests in the business to government. Government has gladly accepted the offer as it sees this as an opportunity to reorganize the sector. Negotiations are currently underway." The deal is expected to be carried out via ZARNet. CBZ Bank is thought to be acting as the financial advisor to the transaction.

Telecel Zimbabwe Announces Executive Changes

Telecel Zimbabwe has appointed Angeline Vere as its new chief executive, she becomes the company's fourth CEO in five years. The last CEO was Francis Mawindi, who had replaced John Swain, while Swain had replaced Aimable Mpore. The new CEO will have her hands full with dealing with the company's licence situation which almost saw it being closed, had it not been for a High Court ruling in its favour. Prior to the latest appointment Vere was the general manager of Telecel, having joined the company in July 2004 as legal manager. In 2010 she was promoted to the position of company secretary and legal director. Telecel's new CEO has more than 17 years of experience in the telecommunications industry. Prior to joining the company, Vere worked at the Broadcasting Authority of Zimbabwe, the Posts and Telecommunications Corporation (now TelOne) and the Attorney General's Office, among other Zimbabwean companies.

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