Mark Mabhudhu appointed ZCDC CEO

Vastly experienced metallurgist, Mr Mark Mabhudhu, has been re-appointed Zimbabwe Consolidated Diamond Company (ZCDC) chief executive officer.

In an internal memorandum dated September 2,  ZCDC board chairman Mr Wellington Pasipamire said the appointment is with immediate effect.

Mr Mabhudhu’s appointment means he is the first substantive CEO at the state-owned diamond miner since the departure of Dr Morris Mpofu in May 2019.

“The board is pleased to announce to all employees the appointment of Mr Mark Mabhudhu as substantive chief executive officer of Zimbabwe Consolidated Diamond Company (Pvt) Limited with effect from  September 21,” wrote Mr Pasipamire.

“The board welcomes Mark to his new role and request that all employees give him the necessary support as we move forward to turn around the fortunes of the organisation and stabilise it and as we navigate through these difficult times that were further compounded by the effects of Covid-19,” said the board chairman.

Mr Mabhudhu will have his work cut out as he arrives at a time when the Government is seeking to transform the diamond sector.  The diamond sector, and for which ZCDC is the country’s largest player, has been earmarked to contribute US$1 billion under the US$12 billion milestone.

If achieved as is largely expected, this would be a huge jump as the sector managed US$165 million in 2019.

The 2019 contribution came on the back of the sector having previously contributed US$98 million in 2018. –The Herald