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FULL Text: Francis Mawindi Says Makamba Has No Authority To Remove Him From Telecel Board

4 years agoSat, 08 Jun 2019 08:55:28 GMT
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FULL Text: Francis Mawindi Says Makamba Has No Authority To Remove Him From Telecel Board

Francis Mawindi, the former Telecel who now serves as part of the Telecel Zimbabwe board has said that the company’s board chairman, James Makamba, has no right to fire him from the Telecel board. Mawindi said in a statement posted on Techzim that only the appointing authority, Telecel International, has the right to remove him. Telecel international is controlled by the government.

Here’s the full text of his statement:

My response is that the resolution that has been passed is false and therefore null and void due to the fact that I never communicated with the press on any matters concerning the company and never in any way, shape or form misrepresented confidential company information. I believe that the chairman seized an opportunity to cover up the shenanigans happening in the company and I’m sure the truth will soon come out.

It’s important to note that I was appointed to the board of directors of Telecel Zimbabwe by the principal and majority shareholder of the company, Telecel International and not by the chairman of the company and as such the purported resolution of the board is null and void. There are supposed to be a minimum of 3 board directors from TI and 2 from EC as per the existing shareholder’s agreement and since the resignation of Barbara Rwodzi from the Board late last year (who represented TI) there has not been a replacement and so to date the board is still not fully represented.

The appointment to the board can only be rescinded by the appointing authority, which in this case is Telecel International, the majority shareholder.

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