ZNCC calls for Mutapa listing

Mutapa Investment Fund, with a combined value of approximately US$15 billion, 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.

Advertisements 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…

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