Zimbabwe’s third-largest mobile operator by subscribers, Telecel Zimbabwe, has been taken to the High Court by Egyptian ARPU Telecommunications Services S.A.E Limited over a $749,900 debt.
The plaintiff says the debt is the result of several unpaid invoices inherent in a partnership it signed with ARPU on August 1, 2016, for the provision of technical and infrastructure support enabling the operator to offer its customers value-added services in the fields of sports, religion, information, and entertainment.
The two partners had agreed that a monthly report would be prepared to determine the volume of traffic generated by each service and the subscription fees paid by users. Based on these data, Telecel would pay the Egyptian company 30% of the total subscription fees collected. But Telecel did not respect its commitments.
ARPU Telecommunications Services now requests the Court to order Telecel to pay it, in addition to the $749,900, representing the total amount of the accumulated invoices, damages calculated from the date of the claim to the date of full payment.
Except for Tunisia entering the Top 10 at Libya’s expense, and Morocco moving up to sixth ahead of A...
African startup M&A hits record 67 deals in 2025 Consolidation driven by funding pressures and ex...
Moniepoint, Opay, Kuda, and others gain national status with tighter oversight A naira 5 billion ...
Touted as a tool of emancipation, blockchain was meant to give the Central African Republic a new fo...
CBE introduced CBE Connect in partnership with fintech StarPay. The platform enables cross-border...
The agreement focuses on student, staff, and doctoral mobility It covers engineering, technology, and applied sciences programs The...
Guinea-Bissau’s military authorities released key opposition figures arrested after the November 2025 coup. The transition pledged to form an...
The African Development Fund plans its first-ever market borrowing of about $1 billion. Donor contributions fell sharply, with the latest...
Murphy Oil plans a second exploration well on offshore block CI-502 after inconclusive results from Civette-1X. The company will drill the...
Manovo-Gounda-St Floris National Park is one of the largest protected areas in Central Africa. Located in the northeastern part of the Central African...
Streaming dominates music, reshaping royalties and artist income worldwide Sub-Saharan Africa grows fast, but payouts stay far lower Platform, region,...