Masunda leaves Zimplats

HARARE - Former Harare mayor Muchadeyi Masunda (pictured) is resigning from Zimbabwe’s largest platinum miner, Zimplats, where he has been a director for the past nine years.

The prominent barrister was appointed as a director of the platinum producer in 2007.

He was subsequently appointed as deputy chairman of the board with effect from March 1, 2010.

Masunda, who sits on various corporate boards, was acting chairman of the Australia Stock Exchange-listed firm from July 2012 until June last year.

“The board would like to express its sincere gratitude to ... Masunda for his valuable contribution to the company over the years. The board and management wish him all the best in the future,” Zimplats chief executive Alex Mhembere said yesterday.

Another director Khotso David Mokhele will also retire — together with Masunda — at the company’s annual general meeting to be held on October 14, 2016.

Mokhele, who was appointed to the board in 2007, served as the non-executive chairman of Impala Platinum Holdings Limited from 2009 until his retirement from that position in 2015.

Mhembere said Zimplats extends its sincere appreciation to Mokhele for his significant contribution to the company during his period as a director.

Comments (2)

I wish muchadeyi masunda was our president he is an upright man without any fault, very humble, respectful, considerate, and highly blessed

gwashure - 5 September 2016

For sure Much Masunda is an upright gentleman of all times.Thanks uncle Much for all your professional standing look at your with cITY OF Hararae where Zanu PF had a tendancy of intimidating people for nothing.God bless Much.

Cde Hohoho - 9 September 2016

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