James Makamba faces the boot

James Makamba faces the boot
Published: 01 June 2018 (1322 Views)
Telecel Zimbabwe will convene an extraordinary general meeting by next Friday to effect the removal of James Makamba as a shareholder and director of the country's second-largest mobile firm.

The development comes as Makamba now appears to be backtracking on an earlier agreement to dispose of his entire shareholding in Empowerment Corporation to businessman George Manyere and prominent lawyer Gerald Mlotshwa in May last year.

Subsequent to that, the businessman was expected to step down as Telecel chair at the initil EGM in August last year.

- Business Weekly

Tags: Makamba, Telecel, Boot,
 0

You May Like These Videos

Comments

There are no comments.

Latest stories

Theresa May quits as UK prime minister

by Staff Reporter | 24 May 2019 | 65 Views

Dilemma of political emotions vs the Unity Accord of 1987

by D. Kamamba. | 24 May 2019 | 81 Views

Another Zimbabwean 'Beast' charms Sharks

by Staff reporter | 24 May 2019 | 74 Views

What Dabengwa said about Chiwenga and Perence Shiri

by Mandla Ndlovu | 24 May 2019 | 138 Views

Chiwenga, Zimbabwe army to boot out Mnangagwa through 'operation restore economy'

by Itai Mushekwe/Mary-Kate Kahari | 24 May 2019 | 132 Views

Dedication to Cde Dabengwa

by Iphithule Thembani KaMaphosa | 24 May 2019 | 77 Views

Devolution confusion - marginalised communities lose out

by MakhoPrecious Moyo | 24 May 2019 | 69 Views

'Hello Congress delegates! May I deeply kiss your conscience?'

by Nhlanhla Moses | 24 May 2019 | 113 Views

Political Reforms can UNITE Zimbabwe

by Darlington Nyambiya And Farai Maguwu | 24 May 2019 | 72 Views

Zanu-PF and the football connection

by AT Kadada | 24 May 2019 | 71 Views

A candle blown off from Chinehasha Village in Chiweshe

by Thomas Murisa | 24 May 2019 | 56 Views

Mthwakazi National Party pay tribute to Dr Dumiso Dabengwa!

by Mthwakazi National Party | 24 May 2019 | 41 Views

Zimbabwe EFF CIC's profile

by Zim EFF | 24 May 2019 | 85 Views

'Mining sector to reap from liberalised inter-bank rates'

by Staff reporter | 24 May 2019 | 79 Views

Another 'Beast' charms Sharks

by Staff reporter | 24 May 2019 | 73 Views

Mnangagwa's 'Open for business' mantra collapses

by Staff reporter | 24 May 2019 | 68 Views

Mugabe's spooks boss bashed to death: Post-mortem

by Staff reporter | 24 May 2019 | 83 Views

Canada miner in talks to buy Zimbabwe gold project

by Bloomberg | 24 May 2019 | 73 Views

Populist policies can only suffocate Zupco more

by Faith Zaba | 24 May 2019 | 74 Views

Monetary policy unlikely to resuscitate Zimbabwe economy

by Staff reporter | 24 May 2019 | 79 Views

'No immediate end to load-shedding'

by Staff reporter | 24 May 2019 | 80 Views

Air Zimbabwe legacy debts spook investors

by Staff reporter | 24 May 2019 | 92 Views

'Gukurahundi' stifling healing process

by Staff reporter | 24 May 2019 | 75 Views

Air Zimbabwe stashes US$5m in UK

by Staff reporter | 24 May 2019 | 81 Views

MDC congress: Redefining the people's agenda

by Tendai Biti | 24 May 2019 | 76 Views

Mnangagwa now more paranoic and desperate

by Staff reporter | 24 May 2019 | 87 Views

'ZBC losing $220 million annually'

by Staff reporter | 24 May 2019 | 79 Views

Chigwedere seeks son's incarceration

by Staff reporter | 24 May 2019 | 80 Views

Mnangagwa proving to be another Mugabe

by Staff reporter | 24 May 2019 | 53 Views

MDC member challenges Nduna's election

by Staff reporter | 24 May 2019 | 83 Views

MPs demand salary hike

by Staff reporter | 24 May 2019 | 103 Views

Chamisa rivals in disarray after MDC's court appeal

by Staff reporter | 24 May 2019 | 110 Views

Dabengwa: Struggle stalwart, war strategist, epitome of unity

by Sifelani Tsiko | 24 May 2019 | 63 Views