THREE security guards, who allegedly protested over the punishment meted against their colleague by their employer, Morris Levy, at Sam Levy’s Village in Harare, yesterday appeared in court charged with disorderly conduct.
Felex Share Senior Reporter— At least 100 000 civil servants countrywide are set to get residential stands as part of non-monetary incentives under a scheme being worked on by the Government. Chairpersons of civil servants unions have since been tasked to compile lists of willing beneficiaries and submit them to the Ministry of Local Government, […]
The NetOne board has terminated the contracts of all the managers who were part of the alleged corporate malfeasance at the parastatal, which saw the Government-owned mobile operator losing millions of dollars through illicit dealings by management particularly in procurement. Price Waterhouse Coopers conducted a forensic audit at the instigation of the Auditor-General’s Office early this year and found a number of irregularities.
NetOne board chairperson, Mr Alex Marufu confirmed the termination of contracts for all the managers who were on forced leave since March this year. He said the terminations were done in the last two weeks.
The top executives who were on forced leave are chief executive officer Mr Reward Kangai, Mrs Memory Mandiya Ndoro (executive public relations and special projects), Mr Prosper Muvengwa (executive retail and sales), Mr Lindon Nkomo (legal executive) and Mr Rafael Mushanawani (chief information officer).
“They were all (contracts of employment) terminated with two weeks’ notice in line with the law,” said Mr Marufu. “Despite the findings (of the audit) against them, the board chose not to go the route of protracted hearings and possible court proceedings.
“A few are challenging the decision but the majority have accepted their fate and the company is in the process of paying them off. I cannot reveal the names at this moment in time.” It is understood that Mr Kangai is one of the employees challenging their expulsion. Mr Marufu said the board was yet to come up with a decision on a number of long overdue debts by management.
One of the controversial issues at the parastatal is that management, led by Mr Kangai owned Firstel Cellular in their individual capacities but do not want to pay the $11 million that they owe the mobile operator.
NetOne and Firstel Cellular entered a service provider agreement in which Firstel was mandated to find clients for NetOne contract lines and then remit the money collected from the subscribers to the service provider, less its commission.
However, the company did not remit the proceeds resulting in NetOne approaching the courts with the High Court and Supreme Court ruling that Firstel was supposed to pay the mobile operator the debt of about $8,3 million in January last year. But the debt has since ballooned to about $11 million.
Some of the irregularities found by the auditors include breach of standing company procedures by management, breach of sound corporate governance principles by management, conflict of interest in some of the transactions between the company and employees; and the failure of duty of care and prudence in company expenditure by management in acquisition and or service provision agreement.
The other findings were failure by management to adopt, follow or comply with best practice guides in terms of the National Code on Corporate Governance and Corporate Governance Framework for State Enterprises and Parastatals. herald
Afro-Pop sensation Ammara Brown has been announced as the headline act for the US edition of the Zimbabwe Achievers Awards taking place in Texas next month. The Harare based songstress, who has been doing well on the local scene will lead the lineup, and has said she is thrilled to be performing at the inaugural […]
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By Sikhumbuzo Moyo Highlanders’ star defender Peter Muduhwa could miss the clash against Tsholotsho at Barbourfields Stadium on Saturday to prevent him from accumulating a third caution that will make him ineligible for the blockbuster tie against FC Platinum the following weekend. Muduhwa, whose form in the last two games has worried the technical bench […]
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Minister of Sports and Recreation Fikile Mbalula has rewarded Mamelodi Sundowns with R700 000 after their Caf Champions League heroics. The Chloorkop side travelled to Egypt over the past weekend to defend a first-leg lead of 3-0 against Zamalek. Despite losing the match 1-0 in front of 60 000, predominantly Zamalek, fans, Sundowns clinched their […]
LOCAL Government minister Saviour Kasukuwere yesterday said he welcomed any scrutiny of the Zimunya-Marange Community Share Ownership Trust (CSOT) and was ready to answer any queries.
OPPOSITION MPs yesterday violently clashed with police officers in Parliament, disrupting the question-and-answer session for almost one-and-a-half hours.
FORMER Vice-President Joice Mujuru has lashed out at her successor, Vice-President Emmerson Mnangagwa, describing him as a male chauvinist and unelectable because of his alleged role in the Gukurahundi massacres.
GOVERNMENT needs to move at a faster pace in implementing the ongoing ease of doing business reforms to improve Zimbabwe’s global rankings and attractiveness to investment. Efforts by Government to improve the domestic business environment are meant to cut costs, shorten processes for starting a business and getting approvals for investors. Many countries on the continent…