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Zimbabwe’s moves to fully activate and operationalise the national sovereign wealth fund — now known as the Mutapa Investment Fund is a step in the right direction that could generate wealth for future generations, stabilise the economy, and promote economic development. For a long time, sovereign wealth funds (SWF) were thought of as a preserve…
PRESIDENT Mnangagwa has appointed the board of the Mutapa Investment Fund, fully activating and operationalising the national sovereign wealth fund, as Government moves to ensure it gets a return on investment in its companies. Dr Chipo Mtasa is the chairperson, with Mr Lesley Ndlovu the vice chairperson. Other members are Ms Thembelihle Khumalo, Mr Farai…
HARARE- Diversified capital markets can be key to national development as they allow both businesses and Government to raise capital for projects, Mr Bart Mswaka, an expert in the field, has said. He said capital markets, the world over, are recognised as being important in funding businesses, infrastructure projects and general economic growth. Mr Mswaka…