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

Zim gets a new currency today!

The currency launch will mark Mushayavanhu’s first move to tackle one of the country’s longest running crises.
By Shame Makoshori and Freeman Makopa Apr. 5, 2024

ED ends Mangudya’s tenure as RBZ governor

In December, Mnangagwa appointed Mushayavanhu as Mangudya’s successor and was supposed to begin new duties on May 1.
By Business Reporter Mar. 28, 2024

Mutapa Investment Fund: Extracting value from SOEs

The SOEs are a vital cog in the economy. Various texts have been known to indicate that our SOEs used to contribute somewhere in the region of 40% towards the country’s GDP.
By Owen Mavengere Mar. 28, 2024

Mutapa chief lays out game plan to state CEOs

Some of the firms are saddled with legacy debts that cumulatively run into billions of dollars. Mangudya did not give details on how the debts would be cleared.
By Freeman Makopa and Tinashe Kairiza Mar. 22, 2024

Incoming Mutapa fund boss Mangudya allays graft fears

Mangudya said a diagnostic assessment of MIF revealed too many bureaucratic processes.
By Tatira Zwinoira Feb. 23, 2024

More questions raised over Mutapa Investment Fund

Late last year President Emmerson Mnangagwa renamed the Sovereign Wealth Fund (SWF), established in 2015 through an Act of Parliament, to MIF through two Statutory Instruments.
By Brent Shamu Feb. 23, 2024