James Makamba faces the boot

James Makamba faces the boot
Published: 01 June 2018 (1140 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,
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