David Machingaidze’s shines at Massachusetts Institute of Technology
DAVID Takura Machingaidze a hardworking, principled and focused businessman graduated with a distinction in the Masters in Business Administration (Innovation and Global Leadership) degree at Massachusetts Institute of Technology (MIT) in the United States of America.
MIT is one of the leading universities in the world.
He graduated with two other Zimbabweans, Fidelis Chimombe and Tawanda Zimuto who both graduated with a Bachelors degree in Electrical Engineering and Computer Science (from US Achievers Programme Class of 2015).
Chimombe and Zimuto have both been hired by an American firm, Oracle Corporation, as software engineers.
Machingaidze becomes the third Zimbabwean to graduate from the Sloan Fellows Programme to date after Jonathan Hayes and Komborero Shoko (at Saudi Aramco).
The MIT Sloan Fellows Programme is a one-year, full-time executive MBA programme designed to prepare an elite group of global mid-career managers to magnify their impact as leaders.
Machingaidze has also been awarded the MasterCard Foundation Fellowship with the MIT Legatum Centre for Entrepreneurship and Development.
The prestigious Legatum Fellowship is awarded to accomplished personalities with a remarkable background on business.
As part of the larger Legatum Fellowship community, Machingaidze joins an illustrious group of entrepreneurially-minded individuals from around the world who are determined to implement their business plans, along with alumni who have already launched their businesses.
Distinguished African alumni of the Sloan Fellows Programme include Ghana’s Kofi Annan, the former UN Secretary-General, Cameroonian Celestine Monga, the current managing director of United Nations Industrial Development Organisation and Togo’s Claude Grunitzky, the founder of Trace TV and Trace publications.
In addition, Machingaidze has been honoured by being named the MasterCard Foundation Fellow.
The MasterCard Foundation established its Fellowships within the Legatum Centre in 2011 to support MIT students who wish to establish businesses in low-income countries.
Machingaidze is the immediate former managing director of Cotton Company of Zimbabwe and held similar positions at TSL, United Builders Merchants and was once chief financial officer of Mashonaland Turf Club.
A seasoned strategist, Machingaidze has, among his major achievements, turned around five companies under hyperinflation conditions.
He also holds a Bachelors degree in Accounting from the University of South Africa (Unisa), and has completed the Advanced Management Programme at the Harvard Business School.
Meanwhile, another Zimbabwean academic Professor Clapperton Mavunga was recently promoted to a tenured lecturer at MIT.
Some of the best minds that have passed through the Massachusetts Institute of Technology include former Deputy Prime Minister Professor Arthur Mutambara and information technology specialist Dudzai Saburi, among others.
Follow us on Twitter on @FingazLive and on Facebook – The Financial Gazette