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IMF calls on 'Mutapa Investment Fund not to be used as looting conduit' – The Zimbabwe Mail

AS prevalence of public sector corruption reaches alarming levels, the International Monetary Fund (IMF) has demanded that Zimbabwean authorities ensure the newly-established Mutapa Investment Fund (MIF) - which inexplicably replaced the Sovereign Wealth Fund - plugs potential financial leakages through transparency and accountability systems amid fears that the new scheme is a grand heist. This…
Mashonaland East United States Zimbabwe General Tendai Biti Frederick Nyamande Wojciech Maliszewski

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IMF demand open books: Mutapa Investment Fund dealings under scrutiny – Nehanda Radio

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 misuse.
Mashonaland East Wojciech Maliszewski Mthuli Ncube Emmerson Mnangagwa International Monetary Fund Staff Monitored Program

Exposing Mr Mnangagwa's Looting Gimmicks – ZimEye

BY FADZAYI MAHERE Zimbabwe’s Sovereign Wealth Fund: What Mr Mnangagwa has done & why you must be worried October 2nd, 2023 IntroductionHistorical accounts of the decline and collapse of the Mutapa State offer a cautionary tale for Zimbabwe’s sovereign wealth fund, ironically “renamed” the Mutapa Investment Fund by Mr Mnangagwa in an unconstitutional statutory instrument…
Zimbabwe General Cold Storage Commission National Oil Company Of Zimbabwe Sovereign Wealth Of Zimbabwe Fund Mutapa Investment Fund Board Silo Investments
Source: zimeye.net

Whistleblower exposes $566m NetOne airtime fraud

A WHILSTLEBLOWER has helped police bust a syndicate of sophisticated criminals behind an airtime fraud scam which could have prejudiced the mobile phone network operator, NetOne, of well over $550 million in what could easily rank as one of the biggest cyber heists in the country. The arrest of five fraud suspects last week exposed…
Mashonaland East Samuel Njanji Primrose Maireti James Mwanza Simbarashe Mandimutsira Kumbulani Nyapfumbi

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