- TELECEL managing director Mr Anthony Carter, who is among several directors charged with illegally dealing in foreign currency, has resigned from the mobile phone service provider. Mr Philip Van-Brouck has since been appointed the substantive managing director in place of Mr Carter who reportedly left the organisation two months ago. Although no comment could be obtained from Mr Van-Brouck, The Herald understands that he commenced work on Tuesday. Mr Rex Chibesa was until last week acting managing director since Mr Carter's resignation. "Mr Carter left some two months ago and Mr Chibesa has been acting in that capacity. A new MD has since been appointed and has started work today (Tuesday) but people might still refer issues to Mr Chibesa because they have seen the new man but not yet formally introduced to him," said an official at the company. Mr Carter was arraigned before the courts in November last year together with company board chairman Mr James Makamba and company secretary Mr Edward Mutsvairo for allegedly contravening the Exchange Control Act. They allegedly failed to remit US$1,5 million back to Zimbabwe. The three Telecel directors are on $50 million bail each on charges of externalising US$1,5 million between January 2000 and August last year.
- Karim Bernoussi has decided to quit as Regional Director of Microsoft North Africa in July of this year.
- ICTe Africa in Kenya has been postponed to 27-30 June as President Kibaki could not be in the country for the original opening dates. The event has had a troubled history and organiser Global Fairs Ltd has recently fired its Kenyan Managing Director who has only been in post for a few months. There has also been a high staff turnover. AITEC's management contract for the accompanying conference was cancelled three weeks ago for what Global Fairs claimed was non-performance. So why's all this happening? It appears Global Fairs has been selling for prices that are substantially higher than the local market is used to and is frustrated by the speed at which marketing decisions are taken.