sovereign wealth fund Archives

Grand Heist: Mutapa Investment Fund, a launchpad for massive looting

The decision by President Emmerson Mnangagwa to rename the Zimbabwe Sovereign Wealth Fund into Mutapa Investment Fund has been described as an astonishing creation of a launchpad for large scale looting of Zimbabwe’s natural resources and economic wealth.

Oct 03, 2023 Read more

Zimbabwe plans sovereign wealth fund

HARARE – Zimbabwe plans to craft a law to set up a sovereign wealth fund by next February – but it may not have any money at first as the government desperately needs to develop the country’s crumbling infrastructure, the finance minister said.

Oct 31, 2013 Read more