Governance
The Board recognises that the effective fulfilment of its responsibilities – particularly in setting the Group’s strategic direction and overseeing long-term performance – requires adherence to strong corporate governance principles and evolving global governance standards. Accordingly, the Board ensures that the Group observes generally accepted governance practices and complies with applicable regulatory requirements. The Board remains guided by the standards set out in the King Code on Corporate Governance and the Zimbabwe National Code on Corporate Governance.
As a listed entity on the Victoria Falls Stock Exchange, the Group complies with the Exchange’s Listing Rules and other regulatory obligations. In addition, the Group operates within the framework of laws and regulations enacted by national and local authorities. The Board oversees adherence to these requirements and meets four times annually to discharge its responsibilities.
Effective risk management is an integral component of the Group’s governance framework. Comprehensive risk management policies and procedures are in place to identify, assess, and mitigate potential risks, enabling the Group to safeguard its assets, support informed decision-making, and maintain operational continuity.
Effective risk management is integral to our governance framework. We have implemented comprehensive risk management policies and procedures to identify, assess, and mitigate potential risks. This proactive approach enables us to safeguard our assets and maintain business continuity.
Board Responsibility and Composition
The primary responsibility of the Board is to discharge its fiduciary responsibility to the shareholders and the Company. The Board is accordingly the highest policy organ of the Company and also acts to direct strategy. Meeting regularly, with a minimum of four scheduled meetings annually, the Board receives key information pertaining to the operations of Econet InfraCo.
Article 68 of the Company sets the maximum number of directors at twelve (12) and the minimum at four (4).
The primary responsibility of the Board is to discharge its fiduciary responsibility to the shareholders and the Company. The Board is accordingly the highest policy organ of the Company and also acts to direct strategy. Meeting regularly, with a minimum of four scheduled meetings annually, the Board receives key information pertaining to the operations of Econet InfraCo.
Article 68 of the Company sets the maximum number of directors at twelve (12) and the minimum at four (4).
Chairman
Godfrey is a highly skilled business practitioner. He is a Chartered Accountant (Zimbabwe) and sits on a number of other boards. He has vast experience in the corporate world, having held various executive positions over the years.
With an MBA in Finance and 35+ years in executive banking, Zienzi is a global financial expert bringing over two decades of board-level governance experience.
An Independent Consultant and ICT regulation expert, Mgqibelo brings extensive executive leadership experience from top African media and telecom companies, backed by specialised degrees in media and telecom policy.
With an NYU degree in Economics and Journalism, Sarah Masiyiwa brings robust expertise in investment strategy, business development, and the legal and financial management of diverse investment portfolios.
As Co-founder and Creative Director of Batoka Africa, Vimbai leverages her background in entrepreneurship to lead sustainable, purpose-driven hospitality expansion across Sub-Saharan Africa.
As Group CEO of Cassava Technologies, Hardy leverages 25 years of board-level experience to drive Africa’s leading integrated digital infrastructure and services company across 31 countries globally.
With an MBA in Leadership and Sustainability and 35 years of executive experience, Mrs. Shereni is an accomplished Economist driving triple bottom-line management and corporate strategy in the global public and private sectors.
As CEO of Econet Wireless Zimbabwe Limited and a board member since 2003, Douglas combines extensive executive telecommunications leadership with academic expertise as a Professor of Practice.
With over four decades of experience across African markets, Tracy Mpofu brings deep commercial acumen from her tenure as CEO, COO, and Group CFO within the Econet Wireless Group.
With a background as a Deloitte Partner and credentials as a Chartered Accountant, he brings over a decade of strategic financial leadership and governance expertise to the Econet Group and Telrad Networks.
Chief Executive Officer
Over 30 years of experience in telecommunications, information technology, and the digital economy. He has held senior leadership positions across multiple markets.
Chief Financial Officer
With advanced accounting degrees and a background at Deloitte, Cleopas excels in financial transformation, leveraging data analytics and modelling to optimise capital allocation and profitability.
