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 20h ago

‘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