A full-blown brawl is playing out at Telecel Zimbabwe as board members cross swords over attempts to oust current chief executive officer Mrs Angeline Vere over allegations that she turned the mobile telecommunications company into a loss-making entity since taking over the reins in 2015.
Government assumed a controlling stake in Telecel after buying a 60 percent stake in 2016.

Those pushing for Mrs Vere’s ouster also claim that in addition to failing to uphold her fiduciary duties, she has reportedly failed to produce audited financial statements through the five-year period through 2018.

However, there are board members who are fiercely fighting in the embattled CEO’s corner.

As the messy fight escalated last week, board chairperson Mr James Makamba moved to suspend board member and ex-CEO Mr Francis Mawindi for allegedly leaking confidential company information.

It is believed that Mr Mawindi has been persistently raising the flag over Mrs Vere alleged failure to adhere to prudential management practices and unilaterally making questionable decisions, which had negative connotations on the company’s finances, without seeking board approval.State media