NetOne crisis: Zacc, AG pounce on State-owned entity

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Zacc chairperson Loice Matanda-Moyo

THE Zimbabwe Anti-Corruption Commission (Zacc) and Auditor General (AG)’s office are reportedly investigating the government-owned telecommunications company, NetOne, for alleged illicit activities, Zim Morning Post has learnt.

A NetOne insider told this publication that Zacc and the office of the AG were on NetOne’s case following alleged corrupt and other illegal activities within the telecoms company.

Zacc, together with AG Mildred Chiri, is launching an investigation on the entity following recent cases of alleged corruption within the board lately,” said the source.

The investigations were triggered by the recent internal audit report which contained allegations that the suspended former chief executive, Lazarus Muchenje and his finance manager were into illicit deals, including the embezzlement of funds.

Muchenje and his finance manager are alleged to have implemented unilateral decisions (which were outside the board’s approval), a move that ignited some boardroom squabbles.

“There is also the issue of buying fuel from the black market, with rates which were too high. The prices were way above the Zimbabwe Energy Regulating Authority (Zera) approved rates, and this is a breach of the Zera laws,” a source told Zim Morning Post.

Early this month, Information Communication Technology minister Jenfan Muswere read the riot act to all State-owned telecoms companies following widespread reports of financial misappropriation and corruption within the entities.

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  132. Hey there! I know this is kinda off topic however , I’d figured I’d ask. Would you be interested in exchanging links or maybe guest authoring a blog article or vice-versa? My blog addresses a lot of the same topics as yours and I think we could greatly benefit from each other. If you are interested feel free to shoot me an email. I look forward to hearing from you! Superb blog by the way!|

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  136. Good post right here. One thing I would like to say is the fact that most professional fields consider the Bachelor’s Degree like thejust like the entry level requirement for an online course. While Associate Certification are a great way to get started on, completing a person’s Bachelors reveals many entrance doors to various employment goodies, there are numerous online Bachelor Course Programs available via institutions like The University of Phoenix, Intercontinental University Online and Kaplan. Another issue is that many brick and mortar institutions present Online types of their college diplomas but normally for a significantly higher price than the providers that specialize in online college degree programs.

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  155. Yet another thing I would like to convey is that instead of trying to match all your online degree training on days that you end work (since the majority of people are drained when they get home), try to obtain most of your sessions on the week-ends and only a couple of courses in weekdays, even if it means a little time away from your weekend. This is beneficial because on the weekends, you will be much more rested and concentrated for school work. Thanks alot : ) for the different tips I have learned from your website.

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  157. Hi there just wanted to give you a brief heads up and let you know a few of the pictures aren’t loading correctly. I’m not sure why but I think its a linking issue. I’ve tried it in two different browsers and both show the same results.|

  158. When I initially left a comment I appear to have clicked the -Notify me when new comments are added- checkbox and now every time a comment is added I recieve four emails with the exact same comment. Is there a means you are able to remove me from that service? Thank you!

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