It looks like the rumor was true after all. The visionary former Netone boss Lazarus Muchenje is back with full force, reclaiming his position as the Chief Executive Officer.
Although Netone is yet to give an official statement on the development, reliable sources within the sector have it on good authority that Muchenje is now back.
The sources claim that the NetOne board recommended the reinstatement of the suspended Muchenje, regardless of earlier reported challenges by chief secretary to the president, Dr Misheck Sibanda who was alleged to be blocking his reinstatement.
However, it is claimed ICT minister, Kazembe Kazembe had already accepted the board’s recommendation. He takes over from
Although there are mixed feelings over the reinstatement of Muchenje, the man has worked remarkably well when he was in office.
The visionary genius is well known for bringing back the state-owned operator back to profitability after posting its first profit barely a month after his aoppointment as CEO.
Under the leadership of Muchenje, Netone introduced many services to its ever-expanding customers. Among them, he was quite aggressive on pushing the mobile money platform, OneMoney, which now has over 152,415 active subscribers and the consumer favorite, One Fusion.
Through OneMoney, Netone subscribers are now able to send and receive money using their mobile phones.
Clients can also do bank to wallet or wallet to bank transaction through OneMoney. Other services like airtime purchasing, bill payments are also offered through OneMoney.
This was a life serving initiative by Muchenje and his board considering the cashless society the country once went through. One Fusion was another initiation Mr Muchenje can be applauded for.
Due to the economic hardships the country is facing, One Fusion was introduced to help tOne clients as one can be offered airtime data bundles and bonus minutes at only one purchase.
The services were offered in different values to suit everyone depending on your income with the cheapest costing as little as $3.