Telecel Zimbabwe (Pvt) Ltd faces eviction from two rented premises after accumulating rental arrears to the tune of US$40 843.
The two properties belong to First Mutual Investment Company (Pvt) Ltd.
First Mutual has approached the High Court to force Telecel to settle the arrears and vacate its properties in Harare and Gweru.
In respect to First Mutual Gweru, the two parties entered into a lease agreement on August 14, 2013.
Telecel wanted to to operate a base station at its premises and pay a monthly rental of US$1 000. First Mutual said:
In breach of the parties agreement, the defendant (Telecel) failed to pay rentals and operating costs on due dates, resulting in the cancellation of the lease agreement and the lease also expired on July 31, 2018.
Telecel Zimbabwe is a telecommunications services provider with most of its services in the mobile cellular network services. The company is owned jointly by the Empowerment Corporation (40%) and Vimpelcom (60%), one of the largest telecoms companies in the world. In Zimbabwe, Telecel is the... Read More About Telecel Zimbabwe