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THE disciplinary hearing of the suspended NetOne chief executive Mr Lazarus Muchenje failed to take off last Friday after the embattled executive argued any proceedings would have been illegal since there was a court order barring the hearing. Mr Muchenje was expected to appear before Retired Justice Moses Chinhengo to answer to several charges including...

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NETONE, Zimbabwe’s second largest mobile phone company has extended the forensic audit for the second time in less than a year after previous reports did not find any proof of fraud, embezzlement or theft on part of the management. Sources said a clique of directors are not happy with the outcome of the initial report...

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Zimbabwe’s embattled state-owned mobile company NetOne has failed to attract an investor to take over majority shareholding (a 74% stake). Finance minister Mthuli Ncube had initially set September 2019 as the deadline for selling off the stake, but this was moved to December. Despite an aggressive push by the government to woo potential investors, including...

State-owned mobile network operator, NetOne’s franchise programme is bearing fruit and has racked in nearly $200 million dollars since launch of the programme just over a year ago. The franchise programme is aimed at improving the telecoms operator’s distribution channels as it creates convenience and efficiency, bringing products closer to the market. Chief executive officer...