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…
ZNCC calls for Mutapa listing
MUTAPA Investment Fund’s platinum group metals arm has secured US$100 million to kick-start development of the US$500 million Darwendale platinum project, with first production targeted within 12 months.