MUTAPA Investment Fund (MIF) has the capacity to unlock fresh capital to resuscitate struggling entities under its ambit, leveraging its US$14,9 billion asset base, experts have said. The country’s sovereign wealth fund manages a portfolio of 30 companies, adding up to approximately 70, including associates and subsidiaries. In its inaugural annual report for 2024, released…
‘Mutapa asset base solid’
CSC, under the Mutapa Investment Fund, is among the key strategic national assets earmarked for recapitalisation following its exit from corporate rescue in October last year after successful interventions.