By Lehlohonolo Lehana.
Former CEO of JSE-listed Telkom Sipho Maseko has been appointed to grocery retail giant Shoprite’s board as an independent non-executive director, the retailer confirmed.
Maseko, who is involved — with Mauritius-based Axian Telecom — in a consortium seeking to buy a stake in Telkom, will serve as an independent non-executive director, Shoprite said.
The appointment of Maseko comes as Shoprite increasingly embraces technology-led offerings, including its K’nect Mobile telecommunications product and its popular Checkers 60Sixty online shopping app.
Shoprite, meanwhile, also announced the appointment of Hlengani Mathebula to its board. Like Maseko, Mathebula will serve as an independent non-executive director.
Having previously worked in senior roles in the banking sector, Mathebula is currently professor of strategy, finance and investment at the University of Limpopo. He is also chairman of the Media Development and Diversity Agency and chairman of the Black Business Executive Circle, among other roles.
The appointments took effect on Tuesday (27 June).
Both Maseko and Mathebula have extensive experience serving in executive and board positions.
Apart from his stint at Telkom, Maseko once occupied the chief operating officer position at Vodacom. He has also served as chair of South African Petroleum Refineries (Sapref) and is currently an advisory board member of the Centre for Development and Enterprise, Airlink as well as Heidrick & Struggles, according to Shoprite.