ALPHA Media Holdings (AMH) has made senior management changes in a repositioning exercise in which former CEO Raphael Khumalo has been elevated to the position of deputy chairman.
By Staff Writer.
The restructuring exercise — to take effect from January 1 2014 — sees the appointment of Rita Chinyoka as publisher and Kangai Maukazuva as chief operating officer.
Prior to the appointments Rita Chinyoka was AMH commercial director, a position she assumed last year, having joined the group from Edgars where she was brand executive.
Maukazuva has been elevated from his current position of chief technology officer.
AMH has also appointed Thembe Khumalo to the new position of general manager, Events and Conferencing. She is the outgoing general manager of AMH subsidiary Munn Marketing.
Zita Matonda was recently appointed group financial director having joined AMH from National Foods. Vincent Kahiya remains editor-in-chief.
Commenting on the changes, AMH chairperson Trevor Ncube said: “The changes follow a robust turnaround strategy that management has put in place and was approved by the board and shareholders.”
He added: “Shareholders are injecting fresh capital in the business as part of the turnaround strategy.”
AMH, the publisher of NewsDay, Southern Eye, The Standard and the Zimbabwe Independent, is owned 61% by Trevor Ncube through Vusumuzi Investments and 39% by Media Development Investment Fund.'