Operations at Vodafone Zambia have been paralyzed after workers went on strike on Tuesday. Vodafone Zambia Chief Executive Officer Lars Stork has been forced to retire as CEO of the company.
Some workers who spoke on condition of anonymity said Vodafone Zambia is broke and has failed to pay salaries for three months. The workers said the company is in serious debt and everybody at the firm is blaming Mr Stork for the company troubles. Mr Stork, on the other hand, has reportedly put the company on sale and offered to return to his home country, the Netherlands.
And in a statement, Board Chairman Gilbert Temba conformed that Mr Stork has retired. Mr Temba said the Board and management has thanked Mr. Stork for his service to the company and wished him the best in his future endeavors. He said the Board will be announcing a new CEO soon and other structural changes including new ownership of Vodafone Zambia.