The Electricity Generation Company (Egenco) has placed its CEO, William Liabunya, and company secretary, Videlia Mluwira, on leave pending an investigation. The decision was made following concerns regarding the company’s operations and management after cyclones Ana and Gombe. Liabunya and Mluwira had previously obtained an injunction against the board’s decision, but the court has now ruled that the injunction is stayed until an inter-parties hearing in October 2023. Egenco aims to address potential issues and demonstrate transparency by placing its CEO and company secretary on leave during the investigation. The move has sparked discussions and raised questions within the company and the industry at large. The outcome of the investigation could set precedents for accountability and governance in the energy sector.
Egenco CEO and Secretary Forced on Leave Pending Investigation
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