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Zimbabwe set to raise mobile telecoms licence fees

Zimbabwe set to raise mobile telecoms licence fees

GOVERNMENT has raised operating licence fees for fixed and mobile phone operators from US$100 million to US$180 million, to be issued under the converged licensing framework to allow providers to diversify their services. Under the current framework, operators are only allowed to work within the stipulations of their licences but…

Cambria Africa’s efforts to re-shape its businesses are bearing fruit, says broker

Cambria Africa’s efforts to re-shape its businesses are bearing fruit, says broker

Cambria Africa’s efforts to re-shape its businesses are bearing fruit, according to Harare headquartered stockbrokers Invictus Securities. In a note to clients, reflecting on Cambria’s full year results, the broker repeated its ‘speculative buy’ recommendation on the stock, which is listed on London’s AIM, and is about to list on…

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