Busisa Moyo is a prominent Zimbabwean business executive who sits on various boards in both the public and private sectors, a few of which he chairs. He is currently the Chief Executive Officer of United Refineries and the Board Chairman of the ZITF Company. He is a past president of the Confederation of Zimbabwe Industries and also sits on President Emmerson Mnangagwa’s Presidential Advisory Council.

Professional Background

Moyo’s professional career kicked off in 1999 after graduating from the University of South Africa with an Accounting Degree. During that time he joined TA Holdings Limited and by the time he left in 2005 he had ascended to the position of Senior Manager of Investments and Monitoring. TA is an investment holding company which has interests in the insurance, hospitality and agrochemical sectors in Zimbabwe, Uganda, Botswana, South Africa and Zambia.

He later became the Chairman of Moyo Africa Financial Advisory Limited, a position which he held between 2008 and 2011. Moyo Africa is a financial services firm which provides deal-making and private equity advisory services in the SADC region with a special focus on Zimbabwe, Zambia and Botswana.

In April 2020 Moyo was appointed to chair the board of the newly created Zimbabwe Investment and Development Agency (ZIDA) by President Emmerson Mnangagwa. ZIDA is meant to be a one-stop-shop investment centre. It has representatives from all entities that play a role in the licensing, establishment and operationalization of investments in Zimbabwe. The agency was created by an Act of parliament as part of the government’s efforts to improve the ease of doing business in the country.

In early 2020, Busisa Moyo was appointed the Board Chairperson of the ZITF Company. The ZITF Company is a holding company that has business units offering stand building, event management and consultancy as well as venue hire services. The company organises and oversees the country’s largest trade showcase: the annual Zimbabwe International Trade Fair which is held at the trade fair show grounds in Bulawayo which are also owned by the company.

Moyo was the President and Chairman of the Confederation of Zimbabwe industries from 2015 to 2017. CZI is Zimbabwe’s largest business membership organisation with members from various industries including multinational companies operating in the country.

Busiswa Moyo was a Reserve Bank of Zimbabwe board member between September 2019 and June 2020. He also sat on the board of First Capital Bank from October 2018 to November 2019; he also sat on the board of the bank’s predecessor, Barclays Bank Zimbabwe, before its owner Barclays Bank plc sold its majority shareholding to FMB Capital Holding plc in 2017 and it became First Capital.

Between June 2017 and April 2020, Mr Moyo was a board member of the Zimbabwe Special Economic Zones Authority (ZIMSEZA), a statutory body set up in terms of the Special Economic Zones Act. Its key functions are to designate, administer and attract investment into Special Economic Zones in the country.

He also chairs the Oil Expressers Association of Zimbabwe, an association of companies in the vegetable oil industry. Its mandate is to control and ensure the production of cooking oil.

Busisa Moyo is currently the Chief Executive Officer of agro-commodities and personal care manufacturer United Refineries Limited. He has held the position since January of 2013.

Education

Moyo has a Bachelor’s degree from the University of South Africa (UNISA) and an MBA from IESE Business School (Spain).

Honours and recognition

Busisa has received recognition for his work and achievements from various organisations during his career. These include:

  • Top 100 Most Influential People of African Descent
  • Top 100 Future Economic Leaders in Africa
  • Transformational Leader of the Year
  • CEO of The Year 2013
  • Largest Deal of The Year 2010