Mr. Peter Madara

Chairman
Mr. Peter Madara is the Chairman of the Olivine Industries (Pvt) Ltd board. Mr. Madara holds a Masters Degree in Business Administration from the University of Zimbabwe, is a fellow of the Chartered Governance and Accountancy Institute in Zimbabwe (CGAIZ) which he served a term as President. Mr. Madara was Chairman of the Public Accountants and Auditors Board (PAAB) when the World Bank Report on Standards and Capacity of the accountancy profession in Zimbabwe was commissioned and presented by PAAB to Government. Thereafter he served on PAAB EXCO, as well as being co-chair of the PAAB’s Project Stakeholder Advisory Group (PSAG) for professionalizing accountancy in the public sector, until the PAAB handed over the completed work to the Public Service Commission for implementation, as a pathway to Professional Accountancy Organization (PAO) membership. Mr. Madara was a member of the Steering Committee and Chairman of the Thematic Committee on Accounting and Auditing Controls in the development of the National Code on Good Governance Zimbabwe (ZIMCODE). Mr. Madara was the founder Chairman of the Development Finance Institute (DFI) sub-Committee and its Development Finance Resource Centre (DFRC), a subsidiary of the Southern Africa Development Community (SADC) that provides capacity building to development finance institutions in the SADC region.

Mr. Madara worked in various capacities for a Zimbabwe DFI which is also a limited liability investment holding company charged with catalyzing industrialization of Zimbabwe through identifying and financing the development of bankable greenfield and brownfield projects in partnership with domestic and foreign direct investors, which is housed under the sovereign wealth fund, the Mutapa Investment Fund Act (Chapter 22:20). Mr. Madara has been involved in greenfield projects of cement and edible oil manufacture, real estate development and granite processing, as well as sat on boards of entities involved in grain bag, ordnance items and civil explosives manufacturing, processing of industrial minerals and silica sands, aluminium metal fabrication and the electricity holding company. Mr. Madara is the Managing Director of Masipe Africa (Pvt) Ltd consultancy company.