‘Mutapa asset base solid’

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.

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…

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