ZNCC calls for Mutapa listing

Mutapa Investment Fund, with a combined value of approximately US$15 billion — in its annual report released last month — said it needs in excess of US$10 billion in funding to restructure state-owned entities under its portfolio and boost mining and energy sectors.

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…

Subscribe to read full article. Subscribe today

Related posts

Growth outlook cheery: Experts

Mideast conflicts unsettle industry

Tobacco auction floors open 

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More