Mutapa injects US$100 million in state entities

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

MUTAPA Investment Fund (Mutapa) deployed over US$100 million to state-owned entities under its management to boost operations and viability as of September 2025. Minister of Finance Mthuli Ncube said the funds were deployed in direct capital injections, partnerships, and joint ventures. He said the results show a material turnaround, with 53 percent of the state-owned…

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