Reports have it that finance minister Mthuli Ncube is looking to approach the South African telecoms service provider Telkom.Minister Ncube had originally set September 2019 as the deadline for selling off the majority stake, but this was later moved to December.
Recently, NetOne has been dealing with a series of resignations. The Board Chairperson James Mutizwa resigned, followed by the Audit Committee Chairperson, Sibonile Dhliwayo and then the HR executive Keumetsi Mpandawana.
Meanwhile, NetOne's CEO Lazarus Muchenje was suspended, along with the CFO, Sibusiso Ndlovu.
