THE Mutapa Investment Fund (Mutapa) should be listed on the Victoria Falls Stock Exchange (VFEX) to raise capital for financing and commercialising underutilised State assets, the Zimbabwe National Chamber of Commerce (ZNCC) has recommended.Advertisements The country’s sovereign wealth fund has a gross asset value under its management amounting to US$16 billion. The Mutapa Investment Fund…
ZNCC calls for Mutapa listing
Mutapa, which owns national strategic units such as Air Zimbabwe, Kuvimba Mining House, Zimbabwe Electricity Supply Authority and National Railways of Zimbabwe, among others, is currently valued at approximately US$16 billion.