ZMDC fires top management for being incompetent

Posted by Tayana

The Zimbabwe Mining Development Corporation has dismissed its top three executives for alleged gross incompetence. Acting chairman Dr Farai Karonga confirmed the corporation had parted ways with general manager Sydney Simango, chief operating officer Caesar Zishumba and chief finance officer Wilson Chinzou.

Sources interviewed by The Herald said although the disengagement was mutual, the three had been under pressure after failing to turnaround the fortunes of the parastatal,

The board made a resolution that the current top management had failed to drive the corporation forward as mandated and therefore they reached a mutual agreement to part ways. Obviously the board wants to pursue a new performance-based direction.

More: Herald



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