Jacques Marais, Vodacom Tanzania CFO, appointed acting MD following Hisham Hendi’s arrest

Following the arrest of Vodacom Tanzania’s newly-appointed MD Hisham Hendi over the alleged fraudulent use of network facilities, the telco has now appointed its chief finance officer (CFO), Jacques Marais, to act as MD.

Mid last week, Hisham Hendi, and four other Vodacom officials, were held in police custody after being charged with economic crimes at court in Dar-es-Salaam.

(TOP: Jacques Marais, the acting MD. BELOW: Hisham Hendi – seated, second from left – with his four co-accused).

On Wednesday last week, the police told Tanzania’s media outlets that “the issue was being handled by Tanzania Communications Regulatory Authority (TCRA), the country’s telco industry regulator with TCRA later confirming that the Vodacom staff would be taken to a Dar-es-Salaam court.

“Vodacom Tanzania Plc can confirm that it is fully cooperating with an investigation led by the Tanzania Police Force. Several Vodacom employees, including managing director Hisham Hendi, are being questioned by relevant
authorities in relation to the alleged fraudulent use of network facilities,” Vodacom Tanzania stated in a statement issued on the same Wednesday, April 3, 2019.

In the statement, the telco had sought to assure its subscribers that the issue would not affect its service delivery, adding that it “has taken measures” to ensure that the company’s operations continue without interruptions and disruptions.

It now seems that in its efforts to act on the assurance, the telco has decided to appoint Jacques Marais to oversea operations as the court matter affecting its substantive MD and his four colleagues is sorted along the corridors of justice.

Jacques Marais, just like Hisham Hendi, is a Vodacom veteran who joined the Group in its South African operation in 2001 in the finance department. From here, he moved to Lesotho, Congo (Brazzaville) then Mozambique before being seconded to Vodacom Tanzania in mid 2016 as the CFO.

The high-profile arrests came less than week after Hisham Hendi (an Egyptian national) took over as the Vodacom Tanzania MD, replacing Ian Ferrao and effectively filling a position that had been without a substantive holder for over a year.

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