The East African - - MARKETS -

Vo­da­com Tan­za­nia on Mon­day named Sa­fari­com’s head of con­sumer busi­ness as its new man­ag­ing di­rec­tor to lead the com­pany that listed in Dar es Salaam last year amid gov­ern­ment ef­forts to ex­pand lo­cal own­er­ship of the in­dus­try. Sylvia Mulinge, who has been at Sa­fari­com since 2006, will take over on June 1, Vo­da­com Tan­za­nia, a unit of South Africa’s Vo­da­com Group, said in a state­ment.she will re­place Ian Fer­rao who joined Vo­da­com Tan­za­nia three years ago. Mr Fer­rao led the com­pany through a $213 mil­lion ini­tial pub­lic of­fer­ing last Au­gust, Tan­za­nia’s largest ever, which at­tracted more than 40,000 lo­cal in­vestors.

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