CP Chemicals dismisses Temba Mliswa over governance and conduct breaches
HARARE, Zimbabwe (Epicstorian News) — Zimbabwean businessman and politician Temba Mliswa has been removed as Director and Chairperson of CP Chemicals, effective immediately, following allegations of misconduct and governance breaches.
A formal letter issued by the company’s Corporate Secretary on June 27, 2025, confirmed the board’s decision.
According to the letter, Mliswa’s dismissal was due to “breaches of fiduciary duty, conflict of interest, unilateral decisions made outside board approval, and conduct that damaged the company’s public image.”
The decision was made in accordance with the Companies and Other Business Entities (COBE) Act and the firm’s internal governance documents.
Governance Conflict Triggers Mliswa CP Chemicals Removal
Internal sources cite mounting tensions within the boardroom over Mliswa’s “solo leadership style” and his alleged failure to follow collective decision-making protocols. The company has not disclosed specific incidents but noted that his continued involvement was “no longer tenable.”
CP Chemicals, a key player in Zimbabwe’s industrial and agricultural chemical supply chain, is expected to appoint an interim chairperson to stabilize governance and restore stakeholder confidence.
Boardroom Misconduct Sparks Corporate Leadership Shake-up
Mliswa, known for his outspoken views and controversial political career, had served as Chair since early 2023. His leadership was marked by ambitious expansion moves and internal boardroom disputes. Analysts believe this removal will stir public discourse about corporate governance in Zimbabwe.
Efforts to reach him for comment were unsuccessful. His dismissal adds to a growing list of corporate clashes involving prominent figures in Zimbabwe’s public and private sectors.
CP Chemicals Moves to Rebuild Reputation After Mliswa Exit
CP Chemicals is reportedly preparing for an emergency board meeting to nominate a replacement. The company has also begun reviewing internal policies to prevent similar governance issues in the future.
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This high-profile ousting signals rising expectations for compliance and transparency in Zimbabwe’s business sector. The case is likely to be cited in future debates on executive accountability and board ethics.
