Dr Shingi Munyeza and Mrs Rejoice Nharaunda-Makawa have
resigned while Mrs Karen Dube will be stepping down. The Zimbabwe Mass Media
Trust is Zimpapers’ majority shareholder.
In a statement last night, Zimpapers board chairman Mr
Tommy Sithole said Mrs Dube and Mrs Nharaunda-Makawa have both served for over
seven years.
“I informed the three members of the majority shareholder’s
desire to replace them at the company’s AGM next month and the two decided to
leave with immediate effect,” said Mr Sithole.
“This is normal for a company as diverse as Zimpapers and
whose business model is constantly being reviewed due to the difficult economic
times, to review its management, board, and the business structures to ensure
the company stays ahead of fast-changing developments.
“All three were chairs of our finance, human resources and
business development respectively. I am truly grateful for their contribution
and dedication to the company and wish them well in their future endeavours.”
Mr Sithole said he was continually in conversation with
Zimbabwe Mass Media Trust chairman about the replacements of four members, the
fourth being Ms Primrose Ruvarashe Kurasha, who left earlier.
Ms Kurasha lives in South Africa where she is engaged with
the University of South Africa and commuting constantly to Harare in the midst
of her busy schedule had become a difficult undertaking.
Zimpapers recently posted good financials even though the
economy is being buffeted by the Covid-19 pandemic. The company is one of the
largest and diversified media businesses in Southern Africa.
It publishes over 10 publications, and has four radio
stations and an online television station, ZTN, which will soon be broadcasting
free-to-air after being granted a licence by the Broadcasting Authority of
Zimbabwe along five other operators.
Zimpapers is also into printing with facilities in Harare
and Bulawayo. Herald
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