The Markets Ledger

Zim mobile network operators double infrastructure spend

Zimbabwe’s mobile network operators (MNOs) sharply increased capital expenditure in the final quarter of 2025, pouring a combined ZiG1,08 billion into infrastructure, more than double the ZiG509 million recorded in the previous quarter, a latest industry report has revealed.

Telecel seeks new investors

Grant Thornton, the business rescue practitioner for Telecel Zimbabwe (Telecel), is seeking new investors for the struggling mobile network operator, once the country’s second largest.