In a dramatic turn of events, outspoken businessman and former legislator Temba Mliswa has publicly rejected his recent dismissal from the CP Chemicals Board, where he served as Director and Chairperson. The company announced his removal on 27 June 2025, citing serious breaches of fiduciary duty, conflict of interest, and unilateral decision-making that allegedly damaged the company’s reputation.
According to the formal termination letter dated 27 June 2025, signed by the Corporate Secretary of CP Chemicals, Mliswa was fired from his roles as both Director and Chairperson of the Board with immediate effect. The dismissal was due to serious breaches of fiduciary duty, conflict of interest, and unilateral decision-making beyond board resolutions, which the Board said harmed the company’s reputation.
Despite the formal termination letter from CP Chemicals, Mliswa has taken to social media to vehemently deny the allegations and assert that he remains firmly in his position. He described the board’s decision as “absolute hogwash and far from the truth,” accusing unnamed elites of political scheming aimed at sidelining him.
Mliswa stated, “While a select few elite figures bend over backwards to appease the whims of the corrupt, let us not forget that many families are bearing the brunt of this absurdity and require leaders with a spine.” His defiant stance signals a brewing power struggle and raises questions about the legitimacy of the board’s actions.
This unfolding dispute highlights the complex intersection of business governance and political dynamics in Zimbabwe’s corporate sector, with CP Chemicals caught in the middle of the controversy.
Further developments are expected as Mliswa promises to provide more details in due course.
