KMH CEO gets Mutapa Fund post
VIMBAI TANDI
Zimbabwe’s mining giant, Kuvimba Mining House (KMH) today bid farewell to its Group CEO, Simbarashe Chinyemba, who takes up a senior post as Chief Investment Officer for the Mutapa Fund.
Chinyemba was at the helm of the mining conglomerate since 2021 where observers say he propelled the company to greater heights in all subsidiaries that fall under KMH.
KMH runs several mining companies including Bindura Nickel Mine, Shamva Gold Mines, Sandawana Mine among many others that Chinyemba was overseeing.
Chinyemba, a fellow of the Institute and Faculty of Actuaries (UK), replaced David Brown who is now late.
After taking over, Chinyemba implemented several strategies that saw the company on the map and directed several projects that saw the firm registering successes in several areas including resuscitation of ailing companies that were acquired by KHM.
Defunct mining operations including Shamva Gold Mines, Sandawana among others were resuscitated into profitable ventures.
Under his watch, KMH was also involved in several corporate social responsibilities and also took several students to universities in and out of the country under the ED-UNZA project.
Last year, the company streamlined operations and decentralised decision making in a development that saw four main clusters — gold, energy, platinum group minerals (PGMs) and bulk metals.
The strategy set the mining firm on a growth path and enhanced its resilience.
In different mines under KMH, Chinyemba implemented several gender sensitive projects that saw women considered for key decision-making positions while he is also credited for ensuring communities benefit from the company operations through employment and projects that include rehabilitation of roads, construction of schools, clinics and other critical social amenities.
