State-Owned Enterprise, NetOne Cellular has “welcomed back” its Chief Executive Officer from suspension, exactly 13 months today. Mr Lazarus Muchenje who is famed for having brought back the limelight to NetOne in 2018, the year the loss-making enterprise declared its first profit, is back at the helm.
In a momentous and landmark judgment the High Court stated that the termination of a CEO of a State-Owned Enterprise (SOE) should be done in accordance with the Public Entities and Corporate Governance Act, and not in terms of the Labor Act.
The ruling puts on hold the current rat race, for the post which was already ongoing, with some applicants already complaining that they have not yet received their feed back or acknowledgement of application, 14 days after the pronounced deadline, crying foul over lack of transparency in the process.
In his ruling, Justice Chinamhora said he had come to the conclusion that there was no inconsistency between the Labour Act and the Public Entities Corporate Governance Act within the contemplation of section 2A (3) of the Labour Act.
The provisions of section 12(4) should not have been utilised to bring an end to Muchenje’s employment, he said.
The visionary genius who bought the state-owned operator back to profitability posting it first profits in years, just one month after his appointment.
Mr Muchenje, a Chartered Account by profession who has previously held the titles, Group CEO at Intarget Group, Group CEO at FirstRand Bank Celpay International BV, Executives Head of Sales (Vodacom SA), Head of Wireless Application, Sales and Marketing Director (Vodacom DRC) and Founding Finance Director (Vodacom DRC).