30 July 1999

Africa: TA appoints senior managers

Harare — TA Holdings has made a number of senior management appointments at its core companies and head office as the group continues its restructuring aimed at further improving operational and financial performance, a spokesman said this week.

In the Foods Division, which comprises Blue Ribbon Foods, Aroma Bakeries and United Refineries Ltd., George Nyabadza, a chartered accountant, is the new financial director for Aroma Bakeries. Ronnie Ndlovu, who has been heading United Refineries in an acting capacity, is now the substantive general manager with effect from beginning of this month.

Themba Ndebele, who assumed the position of chief executive of the Foods Division following the recent adoption of an investment holding company structure at TA, will be leaving the company at the end of next month for a position in another listed company. It is understood he will be joining Innscor. In the insurance division, Oliver Mtasa is the new finance director of the combined Zimnat Lion with effect from the beginning of the month.

At TA head office, Amos Manzai, the group treasurer, will be supported by Clive Mukondiwa, who also qualified as a chartered accountant with the then Price Waterhouse. George Mutonhora, who used to head the accounting department within one of TA's divisions, has been transferred to group finance to provide additional capacity.

Passmore Matupire, who has been with TA for 14 years will be leaving TA at the end of this month to take up the position of managing director of TH Zimbabwe.

Copyright © 1999 Zimbabwe Independent. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 2,000 reports a day from more than 130 news organizations and over 200 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.