NetOne Suspends Chief Commercial Officer Amid Misconduct Allegations

NetOne, the state-owned mobile telecoms giant, has suspended its Chief Commercial Officer, Liberty Masunda, without pay, following an investigation into misconduct, conflicts of interest, and regulatory violations. This action by the parastatal follows an investigation into internal governance issues. Masunda is reportedly seeking presidential intervention from Emmerson Mnangagwa, suggesting a political dimension to the internal corporate dispute and raising questions about accountability within state-owned enterprises. The suspension stems from evidence supporting ten charges, including breaches of governance rules. State-owned enterprise governance faces scrutiny amid high-level misconduct claims, potentially impacting public confidence and future leadership appointments.

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