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
Kamativi delays completion of processing plant
According to the company, the completion of phase two will have a production of 2,3 million tonnes of ore producing 350 000 tonnes of spodumene concentrate for exports.
By Blessed Ndlovu
Jul. 16, 2024
Mutapa announces ESG board committee
The awards were organised by the Institute of Directors Zimbabwe (IODZ) and held under the theme, Celebrating Leadership Excellence.
By Belinda Chiroodza
Jul. 15, 2024
US$400m legacy debt keeps TelOne aground
TelOne’s legacy debt left the firm in a net liability position of $177,7 billion (about US$29,1 billion) as of the end of last year, according to the firm’s financial statements.
By Tafadzwa Mhlanga
Jul. 5, 2024
Interview: Mutapa fund drafts experts to evaluate balance sheet
Mutapa is a wealth creation entity formed by the government to ensure that we create intergenerational wealth for Zimbabweans - current and future generations.
By Mthandazo Nyoni
Jun. 28, 2024
Mutapa portfolio grows to 66 companies
There are 30 SOEs under Mutapa, from 22 in February, which the fund wants to use to attract international investment to channel into the country’s critical capital projects.
By Tafadzwa Mhlanga
Jun. 16, 2024
IDC in US$500m strategic shift to bolster Sadc push
It is a mammoth capital outlay that IDC, which is now under Mutapa Investment Fund (MIF), may struggle to bankroll.
By Freeman Makopa
May. 17, 2024
Mangudya talks profits as MIF begins operations
In his address to staff, Mangudya indicated he would push to drive most of them to profit under his plan to create value.
By Freeman Makopa
May. 10, 2024