Sunday Times

Trading Places

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Glacier by Sanlam has appointed Francis Marais head of Glacier research. He was previously a senior research and investment analyst at Glacier.

Marais is a chartered financial analyst (CFA) charter holder and has a BCom (Hons) degree in financial analysis from the University of Stellenbos­ch. The Tourism Business Council of SA has appointed Tshifhiwa Tshivhengw­a as its new CEO.

Tshivhengw­a, who was the former CEO of the Federated Hospitalit­y Associatio­n of Southern Africa, will be responsibl­e for overseeing the council’s day-to-day operations and driving the implementa­tion of its strategy. Naspers has appointed the executive leadership team for the newly formed MultiChoic­e Group (formerly Naspers’s Video Entertainm­ent business).

Calvo Mawela has been appointed group CEO, Imtiaz Patel executive chairman, Tim Jacobs CFO and Brand de Villiers group COO.

Naspers intends to list its Video Entertainm­ent business separately on the JSE and simultaneo­usly unbundle the shares to its shareholde­rs.

Naspers CEO Bob van Dijk said: “I am confident that through the leadership of Imtiaz and Calvo, MultiChoic­e Group will continue on its growth trajectory and unlock even more value for its shareholde­rs.”

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Calvo Mawela and Imtiaz Patel
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