via Zim’s ex-Industry minister appointed to Implats board – DailyNews Live 6 March 2015
HARARE – Zimbabwe’s former Industry and International Trade minister Nkosana Moyo has been appointed to Impala Platinum Holdings (Implats) board.
Implats is an 87 percent shareholder of Zimbabwe’s largest platinum producer – Zimplats.
Moyo has been appointed along with South Africa’s former Cabinet minister Sydney Mufamadi and ex-Harmony Gold chief executive Bernard Swanepoel as independent non-executive directors, with immediate effect.
As a Zimbabwean national, Moyo – who has a PhD in physics from Imperial College, University of London and is the founder and executive chairperson of the Mandela Institute for Development Studies – served on the boards of several companies in the cement, sugar, finance, tourism, mining, aviation and food sectors in the country.
He previously served as African Development Bank vice president and chief operating officer, Actis managing partner and International Finance Corporation senior adviser and associate.
Mufamadi is the director of the School of Leadership at the University of Johannesburg and serves on the subsidiary boards of Barclays Bank Africa in Mozambique and Tanzania.
He has built a reputation in various political leadership positions, previously occupying the roles of Safety and Security minister and Provincial and Local Government minister in South Africa, during which time he was commended for his mediation and conflict resolution skills, as well as his expertise in bilateral and multilateral diplomacy.
Implats added in a statement that Swanepoel, who previously headed gold companies Village Main Reef and Harmony, would bring to the board “extensive” deep-level mining and commercial experience.
He is currently a partner at To-The-Point Growth Specialists, the nonexecutive chairperson of Village Main Reef and serves as nonexecutive director on the boards of Sanlam and African Rainbow Minerals.
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