Mnangagwa’s Son-In-Law Calls For Resumption Of Telecel EGM To Adopt James Makamba’s Resignation

 

Businessman James Makamba who was in self-imposed exile for the past 12 years is close to leaving Telecel after his former lawyer, Gerald Mlotshwa, called for the resumption of an Extraordinary General Meeting (EGM) to adopt Makamba’s resignation.  Mlotshwa is also President Emmerson Mnangagwa’s son-in-law. The EGM will be a continuation of the meeting held in August 2017 which was not concluded. Sources who spoke to The Zimbabwe Independent said,


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In August 2017, an EGM was called by James Makamba and attended by Jane Mutasa, representing Empowerment Corporation, as well as Vengai Madzima, who was also standing in for Mlotshwa of Empowerment Corporation. The EGM, after passing one resolution, adjourned indefinitely to allow government to appoint its own director to the Telecel board. The idea was that, once the directors were appointed, the EGM would resume.  The EGM is now resuming. Its main intention will note the resignation of Makamba from the Telecel board as a director and chairman.

Mlotshwa and Makamba have been previously reported as fighting for control of Telecel.

More: The Zimbabwe Independent

Gerald MlotshwaJames MakambaJane Mutasa

Gerald Mlotshwa is a Zimbabwean Lawyer, entrepreneur and founder of Titan Law. He has interests in the financial services industry and the media sector. Mlotshwa is the son-in-law of President Emmerson Mnangagwa. He is the current chairman of the board of commissioners at the Sports... Read More About Gerald Mlotshwa

James Chafungamoyo Makamba is a Zimbabwean entrepreneur, politician and former commercial broadcaster. Makamba established a consultancy business which represented the corporation in various sectors in a number of African countries. Makamba is the current chairman of Telecel Zimbabwe, a telecommunications company in which he has... Read More About James Makamba

Jane Mutasa is Zimbabwean businesswoman and investor known for founding Indigenous Business Women's Organisation (IBWO) in 1994 and for being involved in a fight with James Makamba for Empowerment Corporation shareholding. Read More About Jane Mutasa

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