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Gideon Gono acquires majority shareholding in The Heritage School

Gideon Gono acquires majority shareholding in The Heritage School

Gideon Gono has acquired a 76% shareholding in The Heritage School (THS).

He purchased 50% shareholding from David Rodney, Janet Austin and their son Thomas William for an disclosed amount; and acquired an additional 26% interest from the Pangeti family. The George Pangeti, his wife Evelyn Sandra and son George Jnr retain a 24% stake. The Austins and the Pangetis retain their positions on the school’s reconstituted board.

Gono has since appointed ex-Standard Chartered Bank senior staffer Julius Chikomwe as chairman of the board. The board will comprise of Dr Richard Mukurumbira, Jane Austin as deputy chairperson responsible for establishing beneficial networks.

More: Financial Gazette

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