ZNCC calls for Mutapa listing

The country's sovereign wealth fund manages a portfolio of 30 companies, adding up to approximately 70, including associates and subsidiaries.

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. The country’s sovereign wealth fund has a gross asset value under its management amounting to US$16 billion. The Mutapa Investment Fund…

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