Divisions pose threat to Netone operations?

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Netone

Zimbabwe’s second-largest mobile operator, Netone has been hit by divisions among the top brass. The ever-growing mobile operator which has recently attained the “network of choice” tag due to its relatively affordable products as compared to its rival, is facing serious internal squabbles.

Fears are that NetOne, (the only profitable state-owned Mobile Network Operator at the moment) operations could be negatively affected by the ongoing internal instability.

Last week the nation shockingly learnt of the sudden resigning of the newly appointed NetOne Board Chairman Mr. James Mutizwa, audit committee chair, Sibongile Dhliwayo and human resources committee chair, Keumetsi Mpandawana. The trio is citing a lack of professionalism and objectivity in the conduct of business by some of the members.

The trio is accusing the other four members led by vice-chairperson Ms. Susan Mutangadura. The four “rivals” are accused of opposing five forensic audits among them the Netone Statutory Audit for 2019 Financial Statements (Grant Thornton), ZIMRA audit, ZACC audit on fuel procurement and security payments as well as Deloitte Forensic Audit for 2015-2019.

Ms. Mutangadura, however, dismissed the allegations saying the trio is only expressing their perspectives after their departure from the company.

NetOne had just taken positive trajectories under the leadership of its young CEO, Lazarus Muchenje such that it is disheartening to imagine the company sinking after such a massive revamp especially in revenue. However, the CEO is said to be exonerated in all these ongoing shenanigans.

Meanwhile the Minister of Information Communication Technology Postal and Courier Services, Dr. Jenfan Muswere is yet to formally communicate any changes at the State-owned enterprise. The Minister is said to be waiting on the final audit to be presented to him before he acts.

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