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City Power CEO Tshifularo Mashava is resigning after a decade, leaving amid a successful turnaround and cleared of misconduct allegations.
City Power CEO Tshifularo Mashava is resigning after a decade, stepping down at the end of March to pursue personal and professional interests.
She led a major turnaround, improving performance from 42% to over 80%, upgrading systems, and expanding generation capacity.
Despite a 2023 raid and allegations, independent reviews found no evidence of wrongdoing, and the board cleared her of misconduct and nepotism claims.
The utility said the transition won’t disrupt operations, and an acting CEO will lead until a permanent successor is named.
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El CEO de City Power, Tshifularo Mashava, dimite después de una década, dejando en medio de un cambio de rumbo exitoso y limpiado de acusaciones de mala conducta.