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Cresta Marakanelo Limited, the Botswana-listed hotel group, has appointed Nozipho Ramokgalo and Rowesai Mosarwe as independent non-executive directors, adding financial management, risk oversight and operational experience to its board.
The appointments took effect immediately, according to a notice to shareholders issued on October 23, 2026, in accordance with the Botswana Stock Exchange’s equity listing requirements.
Ramokgalo is currently chief finance officer of the Botswana Vaccine Institute and brings more than 20 years of leadership experience across manufacturing, petroleum, aviation, utilities, insurance and development.
Her expertise includes corporate strategy, financial reporting, internal controls, enterprise risk management, treasury management, capital raising and operational transformation.
Before joining the Botswana Vaccine Institute, she held senior finance positions at Botswana Oil Limited, Air Botswana, Maemo Cell Insurance and Botswana Power Corporation. She also serves as a board committee member of the Botswana Institute of Chartered Accountants.
Ramokgalo holds an MBA from the University of Derby and has completed the Management Development Programme at the Gordon Institute of Business Science at the University of Pretoria. She is a Fellow Chartered Certified Accountant.
Mosarwe brings more than 22 years of experience in financial management, operations, risk management, restructuring and value creation, including more than two decades in insurance broking.
She is currently a partner at Leafhouse Chartered Accountants. Previously, she served as group chief financial officer and chief operating officer of Minet Botswana Holdings, having earlier held the position of finance director at Minet Botswana.
Her experience spans strategic planning, financial reporting, internal controls, mergers and acquisitions, cash and asset management, digital transformation and organisational change.
Mosarwe also serves as an independent non-executive director of Letshego Financial Services Botswana and Letlole La Rona Limited.
She holds a Bachelor of Accountancy from the University of Botswana and is a Fellow of both the Association of Chartered Certified Accountants and the Botswana Institute of Chartered Accountants.
Cresta Marakanelo said its board welcomed the two appointments and looked forward to their contributions to the company.
The appointments bring additional financial and governance expertise to the board of the hotel group, with both directors having held senior finance positions and serving in governance roles across different sectors.