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Kalaa Mpinga

Oliver Kazunga Acting Business Editor
PAN African multi-commodity mining and development concern, Mwana Africa has appointed Ngoni Kudenga and Herbert Mashanyare to its board as non-executive directors with immediate effect.

Kudenga, a chartered accountant has more than 30 years experience in finance and commercial roles accumulated from positions in accounting firms and private and public corporations.

He is founder and managing partner of Kudenga & Co Chartered Accountants Zimbabwe, an affiliate of BDO since 1998, and a member of Council of the BDO International Network.

Mashanyare is a mining engineer and member of the Institute of Materials, Minerals and Mining, with over 30 years experience in the mining industry.

At present, he acts as a consultant to Mimosa Mining Company, where he was previously executive director.

Mashanyare has also previously worked at Zimbabwe Mining and Smelting Company, Rio Tinto Zimbabwe and the Institute of Mining Research.

Mwana Africa chief executive officer Kalaa Mpinga said the appointment of Kudenga and Mashanyare was invaluable to the growth and development of the mining concern.

“I am delighted that Ngoni and Herbert have accepted our invitation to join the board as non-executive directors. Not only will their appointments strengthen the independence of the board but also their wealth of experience and knowledge in a wide range of business areas in Zimbabwe will ensure that they will make a valuable contribution to the ongoing growth and success of the company,” he said.

Mwana Africa, which has operations and exploration activities covering gold, nickel and diamonds in Zimbabwe, South Africa and the Democratic Republic of Congo, locally owns Bindura Nickel Corporation, Freda Rebecca Gold Mine, Trojan Nickel Mine and Shangani Nickel Mine, which at present was under care and maintenance.

Recently, the group announced its intent to reduce costs to allow its operations to remain profitable despite the decline of metal prices on the international market.