Following the resignation of three NetOne board members including Board Chairman Mr. James Mutizwa Netone Board has suspended its CEO Mr Lazarus Muchenje and Chief Finance Officer, as the current rigorous audits continue to haunt the state-owned enterprise. RELATED READING: NETONE BOARD CHAIRMAN RESIGNS INCLUDING TWO OTHER BOARD MEMBERS The board had instituted 6 separate audits…
State-owned mobile network operator, NetOne has recently been accredited as a Gold Partner and Approved Employer by the Association of Chartered Certified Accountants (ACCA) for their Trainee Development Programme. This milestone makes NetOne the first Public Sector and State Owned Enterprise, in Zimbabwe, to attain this world class status. As part of Government’s focus on…
NetOne has been aggressively repositioning itself to increase its market share in the very competitive mobile industry. NetOne rolled out a franchise model in May 2018, to increase its reach whilst affording its customers the much-needed accessibility of its products and services across the country and enhance its distribution capacity over and above the 34…
Telecommunications giant NetOne has extended its zero-tariff transaction charges on its mobile money platform – OneMoney – to March 2020. The bold move by NetOne rides on the Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ)’s abridged third quarter report for 2019, that saw One Money growing by 27% from 335,132 active mobile subscriptions to…
Government has intensified efforts to partially privatise telecommunication companies Telone and NetOne and is offering the two entities to potential investors as a joint package. Cabinet yesterday gave the nod to this arrangement after a presentation by Finance and Economic Development Minister Professor Mthuli Ncube. Public enterprise reforms are espoused in Government’s Transitional Stabilisation Programme…
State-Owned mobile communications firm, NetOne, recorded the biggest growth rate of 32,7 percent on its mobile money platform, OneMoney in the fourth quarter of last year. OneMoney, which has been battling for acceptance by the market since launch about one and half years ago, saw subscriptions rising to 241 566 in Q4 2018, up from…
NetOne Board reinstated suspended CEO Mr Lazarus Muchenje as the new NetOne CEO, regardless of the challenge by Chief Secretary to the President, Dr Misheck Sibanda. Sources close to the developments have reiterated that the chief secretary is acting outside his jurisdiction and has no mandate to appoint or dismiss NetOne employees, while he has…
NetOne has sent on forced leave its top two executives who are Sibusiso Ndlovu, the Chief Finance Officer (CFO) as well as its Chief Operating Officer (COO) Brian Mutandiro. “One of the two executives was force-marched off the building while resisting the suspension and suspected to be concealing evidence. The two executives will be on indefinite…
By Byron Mutingwende One of the leading mobile telephony service providers, NetOne is set to transform the lives of the generality of the Zimbabwean population following its launch of two important products namely OneCover and OneTech. Speaking during the launch in Harare on 17 August 2017, Brian Mutandiro, the NetOne Acting Chief Executive…
