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Telecel approaches government to resolve its licence gridlock

Shareholders of the telecommunications company Telecel Zimbabwe have approached the government to resolve issues surrounding its licencing and non-compliance with local ownership regulations, the company said today. Dutch-headquartered communications firm VimpelCom has a 60 percent shareholding in Telecel, with the remainder in the hands of a consortium of local, increasingly fractious, investors. Government last month
Matabeleland South James Makamba Indigenous Business Women Organization Action Group Engineering Group Zimbabwe Farmers Union

NorthWestern Expects $900M 2002 Net Loss, Larger Than Expected Charges

Upper Midwest combination utility NorthWestern Corp. revealed Tuesday that it will take about $880 million in special charges in 2002, which is $180 million more than previously announced. It expects to post a $900 million net loss for the year compared with net earnings of $37.5 million in 2001.
United States South Dakota Mauricec Worsfold Exchange Commission Northwestern Corp Upper Midwest

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