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Listed sugar producer Hippo Valley Estates Limited has announced the appointment of Canaan Dube as its new chairman.

Mr Canaan Dube

Dube comes in to replace Daniel Marokane who has stepped down with effect from May 1, 2021.

Said Hippo Valley company secretary Pauline Kadembo:

“The board wishes to advise shareholders of the appointment of Canaan Farirai Dube, as chairman to the Hippo Valley Estates board, with effect from 1 May 2021. Canaan is an accomplished lawyer and senior partner in one of Zimbabwe’s leading law firms, Dube, Manikai and Hwacha Legal Practitioners.

“He has extensive knowledge and experience in Corporate Governance, Mergers and Acquisitions and Trade and Investment Law and will bring the much needed legal and public relations guidance to the board.

Dube is highly experienced in corporate leadership mandates and investment analysis and holds the distinct honour of having contributed significantly to the National Code on Corporate Governance in Zimbabwe in 2014.

He serves as a director in a number of companies listed on the Zimbabwe Stock Exchange and is the chairman of Delta Corporation Limited.

Dube replaces Marokane who has resigned after a 3 year tenure.

“Daniel Leseja Marokane has resigned from the board of Hippo Valley Estates Limited with effect 1 May 2021.

“Daniel gave his professional and personal commitment throughout the 3 years that he served as chairman of the board,” said Hippo Valley.

“He provided the board with strategic
leadership in commercial, governance and risk management which assisted the company in navigating through complex challenges.”

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