ECONOMIST and public policy commentator Gift Mugano has described the Mutapa Investment Fund as nothing short of revolutionary, arguing that its early performance signals a decisive shift in the management of State assets. “Mutapa is a game-changer. It has the potential to turn around parastatals which have been a burden to the fiscus for decades,”…
‘Mutapa Investment Fund a game changer’
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.