POWER PLAY: Temba Mliswa Ousted from CP Chemicals Amidst Governance Turmoil

In a shocking move, outspoken politician and businessman Temba Mliswa has been unceremoniously dumped as Director and Chairperson of CP Chemicals (Private) Limited, effective immediately. The company’s Board of Directors cited serious allegations of misconduct and governance violations, marking a dramatic fall from grace for the embattled leader.

According to a formal letter signed by Corporate Secretary Ezra Dzoro, Mliswa’s removal follows a series of infractions, including breaches of fiduciary duty, conflict of interest, and unilateral decisions that harmed the company’s image. The Board determined that Mliswa’s continued presence was no longer tenable, paving the way for a new era at CP Chemicals.

Insiders reveal that tensions had been simmering over Mliswa’s leadership style, which was described as “solo” and dismissive of collective decision-making protocols. His tenure, marked by strategic expansion and contentious boardroom decisions, ultimately ended in a dramatic showdown.

As a prominent figure in Zimbabwean politics and business, Mliswa’s removal is expected to spark debate in both corporate and political circles. His outspoken views and frequent run-ins with business and political players have made him a polarizing figure, and his exit will likely have far-reaching implications.

With Mliswa’s departure, CP Chemicals is set to convene an emergency meeting to appoint an interim chairperson and stabilize its governance structures. As one of Zimbabwe’s leading industrial and agricultural chemical suppliers, the company’s future direction will be closely watched by industry stakeholders and observers alike.

end//..

Related Posts

Sengezo Tshabangu Denies Cancer Rumors, Clarifies Medical Trip to India

In a recent development, Sengezo Tshabangu has publicly dispelled circulating rumors alleging that he has cancer and traveled to India for cancer treatment. The well-known figure addressed the misinformation directly,…

Fadzayi Mahere Questions Wicknell Chivayo’s Business Dealings

Fadzayi Mahere, a prominent lawyer and opposition politician, has sparked a heated debate over businessman Sir Wicknell Chivayo’s decision to gift musician Mudiwa Hood a brand-new 2025 Range Rover Sport.…

Leave a Reply

Your email address will not be published. Required fields are marked *