Government in fresh push to drive industrialisation

In 2018, the Southern Africa Railways Association revealed that Zimbabwe’s rail infrastructure cost was US$1,7 billion.
By Tafadzwa Mhlanga Aug. 22, 2024

Mutapa fund zeroes in on NRZ to bolster economic efficiencies

In an interview with the Zimbabwe Independent, Mangudya suggested that revitalising NRZ could transform  the country into a regional transportation hub.
By Freeman Makopa Aug. 16, 2024

Resource share talks swing to MIF after Invictus move

Sources close to the Invictus project revealed that MIF is now responsible for refining the hydrocarbons policy and the PPSA.
By Tinashe Kairiza Aug. 9, 2024

Mutapa fund eyes global exchanges

The government's objective is to revitalise these underperforming firms and consolidate their management under MIF, creating a portfolio valued in billions of United States dollars.
By Freeman Makopa Aug. 9, 2024

Ballooning public debt: Is Zim in a fix?

Globally, Zimbabwe jumped from 41 out of 120 countries in 2021 to 30 out of 125 countries in 2023.
By Zvikomborero Sibanda Aug. 2, 2024

Invictus, Mutapa in US$5m capital raise deal

Invictus is exploring for gas and oil in Zimbabwe.
By Mthandazo Nyoni Jul. 30, 2024

Shamva plans US$5,5m capex spend

For the current financial year, Shamva is targeting a minimum production of 24 700 ounces of gold or 770kg.
By Mthandazo Nyoni Jul. 29, 2024

POSB privatisation: Mutapa fund seeks minority stake

POSB's privatisation plans were temporarily halted in August 2023 when the government decided to place the bank under MIF, along with 29 other entities.
By Tatira Zwinoira Jul. 26, 2024

‘Zim’s opaque debt data stifles growth’

Expected additions include US$1,9 billion for recapitalising the Mutapa Investment Fund and US$1,2 billion assumed from the central bank.
By Mthandazo Nyoni Jul. 23, 2024