Tudzaa

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[🥷 @_iamhabeeb]

I reject stagnation, I move forward

[Apple Hub @theapplehub]

Apple will officially release iOS 27 next month for these supported iPhone models 🔥

[Toneo1st @toneo1st]

NetOne Board Decides Against Renewing CEO Mushanawani’s Contract

The NetOne board has resolved not to renew Chief Executive Officer Eng. Raphael Mushanawani’s five-year contract when it expires in September, TechnoMag can exclusively

By Toneo Toneo

The decision was made during a special board meeting held today, Friday, ending weeks of speculation over Mushanawani’s future at Zimbabwe’s state-owned mobile network operator.

Mushanawani, who was appointed CEO in 2021, began annual leave on July 13 and had been expected to return to work on August 13. However, sources close to the developments said he is not expected to resume his duties ahead of the expiry of his current contract.

https://t.co/RAID4Ui8Wq

[Premier League @premierleague]

The Premier League kicks off THIS MONTH! 🫨

[TheNewsHawks @NewsHawksLive]

A LOCAL investment vehicle, Augustus Capital is snapping up Telecel Zimbabwe for a total USD $175 million under the corporate rescue program, TechnoMag can exclusively reveal.
By Toneo Toneo
This move will see Telecel Zimbabwe partnering with a giant regional telecoms player, a move that will shake up the telecoms landscape in Zimbabwe.
Augustus Capital was established as a special purpose investment vehicle to participate in the restructuring and proposed acquisition of Telecel Zimbabwe pursuant to the Corporate Rescue Proceedings.

Deal Structure

Mutapa Investment Fund, the sovereign wealth fund, will cede most of its 45% stake in Telecel, retaining just 15%, while Augustus Capital absorbs the remaining 40% held by local consortium Empowerment Corporation.

Funding

The investment vehicle secured a capital financing facility with Ecobank of up to USD127 million, which will be available upon the successful adoption of the Plan to support the implementation of the proposed transaction and the Company’s ongoing operations.

Capitilisation

Sources close to the deal told TechnoMag that Augustus Capital entered into contractual arrangements with ZTE and Satewave Technologies for the supply of network equipment (USD60.5 million) and network rollout services (USD28.5 million), respectively, as part of the acquisition.
The new arrangement will see the Telecel staff returning to work whilst employees continue to be employed by the Company, they will be
entitled to their salaries and other accrued benefits.
https://t.co/l162cf9Dl5

[Madrid Xtra @MadridXtra]

🚨💣 BREAKING: ARSENAL HAVE REACHED AN AGREEMENT WITH VINICIUS JR ON PERSONAL TERMS. @HandofArsenal

[My Mixtapez @mymixtapez]

The OG social media app 'MySpace' is coming back after being down for many years and will bring back the same classic vibe and iconic features as the original platform 🔥

[Gentleman Jack @Jt_Ballistk]

Hanzi huyai mutenge veduwe

[DiploMega @vo_te3]

we’re always imitating the Ghanaian accent, I give up she’s too much I love her 😂

[Dexter @SHO_Dexter]

Did somebody order donuts? 🍩 #DexterResurrection Season 2 is coming soon on #ParamountPlus

[yimika. @yimikaaaa]

unfortunately your ability to move on is dependent on how high your self-esteem and self-respect is

[DiploMega @vo_te3]

🔊 ♥️

[DiploMega @vo_te3]

Every Friday I tell myself, “I hope none of my friends invite me out for drinks today.” Then, like they’re monitoring my thoughts, my phone starts buzzing but today I really hope and pray none of my friends invite me out for a drink. Seriously.

[That Tino Your Mama Warned You About😈😂 @TinoRadioActive]

Who is the most MUSIYEMWA company/service provider you know??

[BBC News (UK) @BBCNews]

Uefa to boycott World Cup if Fifa plans go through https://t.co/8Pt08BU02p

[Pubity @pubity]

You'd need over 300 hours to catch up before Avengers: Doomsday.

If you start now, you'll only need to watch around 2 hours a day.

[Shola 👑 @itsSh0la]

Family is everything. Take care of them, those are the only people who can pause their lives to take care of you when needed.