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Netone’s CEO Muchenje withdraws

Tactically Muchenje wants to reserve energy for the big kill by choosing his battle wisely in order to win the war overally
”The new digital economy is all about bits and bytes and traditional companies have to ensure that they acquired a digital presence and understood the new business models that shall drive these new information age economies,” said the technology expert Mr muchenje.

Netone Chief Executive Officer, Lazarus Muchenje, who was recently re-instated by the High Court pending appeal by the former board to the Supreme Court on Tuesday withdrew one of his applications in a case where he is being charged of signing a contract with a Mauritanian company without a resolution of the board of directors

In a statement through his lawyer Mr Innocent Chingarande, the Netone CEO said he wanted to wait for a determination in another case where he made a similar application.

Muchenje added that the outcome of the matter, which will be presented on April 28, would have a direct impact on his other affairs, in which he allegedly signed the agreement without approval.

Muchenje’s matter was deferred to April by Harare regional magistrate Mr Stanford Mambanje and he will jointly appear with other employees, Darlington Gutu, Spencer Manguwa and Sharmaine Kadende, on criminal abuse of office charges.

They are alleged to have entered into an agreement with a Mauritanian firm, Bankai International (Pvt) Limited, which saw NetOne Cellular supplying 2 000 virtual lines, which were configured on NetOne Nokia Mobile Switching Centre without subscriber identification module and subscriber details without board’s approval.

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