Mutapa Investment Fund

HARARE - The Mutapa Investment Fund (MIF) is facing intensifying scrutiny from governance experts and political commentators who argue that the fund is failing to deliver on its promise of generating national income, despite controlling…
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HARARE - The proposed sale of the state-owned Post Office Savings Bank (POSB) remains shrouded in controversy and conflicting information, following the latest statements from the Minister of Finance Mthuli Ncube stating that his ministry…
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Former Zimbabwean ministers Tendai Biti and Saviour Kasukuwere have strongly criticised President Emmerson Mnangagwa's decision to establish the Mutapa Investment Fund, labeling it a "grand heist" of the country's resources.
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A staggering US$2 billion debt to the Mutapa Investment Fund and excessive government spending have sparked widespread criticism of the 2025 National Budget, raising concerns over fiscal transparency and the prioritisation of essential…
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Mutapa Investment Fund, a Zimbabwean sovereign wealth fund, is set to participate in Invictus Energy's Petroleum Production Sharing Agreement (PPSA) for Zimbabwe's Cabora Bassa gas project.
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Invictus Energy Limited has listed on the Victoria Falls Stock Exchange (VFEX) in Zimbabwe following a US$10 million strategic institutional placement. The listing was completed on August 2, 2024, and trading commenced on August 5, 2024,…
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HARARE - Invictus Energy has secured a major investment boost for its Muzarabani gas project, with Mangwana Capital and the Mutapa Investment Fund committing US$10 million to advance the discovery.
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Zimbabwe's new sovereign wealth fund, Mutapa Investment Fund, has reportedly paid US$1.6 billion using public debt for a 35% stake in Kuvimba Mining House, a mining conglomerate with ties to presidential advisor and ruling party donor…
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HARARE - The International Monetary Fund (IMF) has called on President Emmerson Mnangagwa’s regime to establish clear accountability measures for the recently launched Mutapa Investment Fund, addressing concerns about its potential for…
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The Zimbabwe United Passenger Company (ZUPCO), which now is now part of the country’s sovereign wealth fund, called Mutapa Investment Fund, an alleged shadowy launchpad for large scale looting of Zimbabwe’s natural resources and economic…
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