ZAMTEL BOARD APPOINTS JASON MWANZA AS ZAMTEL NEW CHIEF EXECUTIVE OFFICER.

Lusaka, 1st March, 2024 –

The Board of Directors of the Zambia Telecommunications Company Limited – ZAMTEL, have appointed Mr. Jason Mwanza as Zamtel’s Chief Executive Officer effectives 1st March, 2024.

Mr. Mwanza holds a Bachelor of Engineering in Electrical/Electronics- Telecommunications from
the Copperbelt University, a Master of Science in Telecommunications Engineering from Blekinge Institute of Technology in Sweden and a Master of Business Administration from Edinburgh
Business School of Heriot-Watt University in Scotland.

He has over 19 years experience spanning across technology planning, technological operations, business development of mobile services and strategic management, giving confidence of his ability to lead Zamtel into a new era of growth.

In his previous roles at Zamtel, he served as the Chief Technical Officer, overseeing the company’s technology strategy and capabilities.

He also served as Senior Manager in Network Planning and fixed Network Operations, demonstrating his deep understanding of the telecommunications
industry. Most recently, he served as Acting Chief Executive Officer until his new appointment.

During his tenure as Acting CEO, he implemented a turnaround strategy and introduced a monitoring and evaluation framework that led to significant improvements in productivity and
efficiency at Zamtel. His initiatives resulted in notable achievements, key among them was revenue growth averaging above 31% during the turnaround period from July 2023 to date in comparison with the first and second quarter of 2023 prior to his Acting appointment.

He led Zamtel in recording revenue growth not seen in the company’s history.

He is currently a Fellow of the Engineering Institute of Zambia and a Fellow of the ICT Association of Zambia where he also served as Chairperson of the Technical Committee.
The Board is confident that Mr. Mwanza will continue driving Zamtel on the path of growth and transformation and assured him of the board’s full support.

The Board of Directors, Management and Staff of Zamtel congratulate Mr. Mwanza on this well-deserved appointment and wish him all the success as he undertakes his new role.

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