JUST IN: NetOne managing director quits

State owned mobile network operator (MNO) NetOne’s managing director for the Mobile Financial Services (MFS) unit Nkosinathi Ncube has resigned with immediate effect, Zim Morning Post can exclusively reveal.

The nomadic yet decorated MFS guru left in a huff on Tuesday and this publication could not ascertain reasons of his resignation at the time of writing.

“Mr Ncube tendered his resignation this week.

“As we speak, Mr Ncube’s credentials have been disabled by the IT guys today a few hours ago including all passwords and staff line and he is nolonger an employee of NetOne,” revealed our impeccable source who spoke on condition of anonymity .

Efforts to get a comment from Netone Corporate Services and Marketing executive Dr Eldrette Shereni hit a snag as her mobile phone could not get through at the time of writing.

Ncube assumed the acting chief executive (CE)position on August 7 2018 after the board suspended substantive firebrand CE Lazarus Muchenje who made a dramatic bounce back on the hot seat this year.

Ncube started off his carreer in telecoms as the head business development and planning at TelOne from the year 2005-2006, while before that, he has been a banker with Standard Chartered Bank of Ghana in 1997, and then Zimbabwe from 1998-2001.

He flexed his financial services muscles as the research and innovation analyst with FNB South Africa from 2006-2008 before joining ABSA bank as the Mobile banking services product owner.

Back Home Nkosinathi Ncube got his name when he was appointed the Ecocash Executive from 2010-2013, the year that saw the boom of mobile money in Zimbabwe.

He moved to become Telecel Chief Commercial Officer where he pushed Telecash before NetOne snapped him to drive their MFS OneMoney which has been gaining ground lately.

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