Africa-Press – Zimbabwe. BEVERAGE maker, Delta Corporation Limited, won the Overall Director of the Year and Director of the Year Large & Listed Firms Awards at last Friday’s annual Director of the Year Awards (Doya) 2025, dominating the prize-giving night.
Doya are annual awards held each year by the Institute of Directors Zimbabwe (IoDZ) to appreciate corporate entities and directors who have run their institutions exceptionally during the given period.
This year’s Doya was held under the theme, Celebrating Leaders Shaping Zimbabwe’s Future with Integrity and Purpose.
Speaking during the awards ceremony in Harare last Friday, IoDZ chief executive officer Cathrine Nyachionjeka said the institute appreciated dedicated individuals who proved to be up to the task amid the current economic volatility.
“The Director of the Year Awards 2025 recognises individuals who have demonstrated an outstanding body of leadership in turbulent times, leaders who have stayed on course, encouraging principle, yet agile enough to navigate complexity,” she said.
“This year’s awards also reflect growing participation from State enterprises, private sector champions and civil society leaders, signalling a collective shift towards governance excellence.”
She said this year, IoDZ noticed increased adherence to good governance.
Despite being weighed down by an unfavourable tax bill of potentially US$329 million, if it loses court appeals against US$74,8 million in additional tax assessments made by the Zimbabwe Revenue Authority, Delta posted a 16% increase in profit after tax to US$116,14 million.
This was during its financial year ended March 31, 2025, wherein, during the same period, Delta posted a revenue increase of 5% to US$807,47 million compared to the prior year.
“We are having more directors who are setting themselves apart from different spheres of the economy, which should surely be uprooted,” Nyachionjeka said.
National Foods Holdings Limited chief executive officer (CEO), Michael Lashbrook, scooped the CEO of the Year Award, with Innscor Africa Limited group CEO, Julian Schonken, getting the runner-up.
Lashbrook has managed to successfully navigate National Foods Holdings Limited post its delisting from the Zimbabwe Stock Exchange in January.
Hospitality firm, African Sun Limited, won the Best Report of the Year Award. Both Dairibord Holdings Limited and First Mutual Properties were runners-up.
The Board of the Year Award went to financial juggernaut CBZ Holdings Limited.
Econet Wireless Zimbabwe was the runner-up in this category.
The State-Owned Enterprise of the Year Award went to telecoms firm, PowerTel Communications (Private) Limited.
The runner-up was TelOne (Private) Limited.
Insurance and Pensions Commission commissioner Grace Muradzikwa won the Woman Director of the Year Award for State-Owned Enterprises and Parastatals, while Felistus Ndawi-Gurajena scooped the Woman Director of the Year Award for Large and Listed Companies.
The Infrastructure and Development Bank of Zimbabwe won the Best Diverse Company Award, with the Zimbabwe National Road Administration and property developer, Mashonaland Holdings Limited, getting the runner-up gongs.
Baker Tilly Africa Regional partner Simbarashe Hamudi won the Young Director of the Year Award.
Meanwhile, IoDZ has appointed four new directors to its board.
These are CBZ CEO Lawrence Nyazema, Seed Co MD Ndawi-Gurajena, First Capital Bank Zimbabwe CEO Tapera Mushoriwa and Stanbic Bank Zimbabwe CEO Solomon Nyanhongo.
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