Troubled Zupco to dispose of old buses
Critics say Zupco collapsed as an efficient urban transport company largely because of mismanagement and corruption.
By Nhau Mangirazi
Sep. 29, 2024
Mutapa Fund clinches US$350m power deal
Large corporations have reported spending up to US$300 000 per month on fuel, further driving up production costs.
By Freeman Makopa
Sep. 27, 2024
Mutapa funding to be directed to public services, infrastructure
Due to burgeoning debt, the country now had an annual financing gap of US$3,7 billion, according to the African Development Bank.
By Tafadzwa Mhlanga
Sep. 25, 2024
‘Build credibility with global lenders’
ZIMBABWE needs to prioritise restoring credibility with international financiers to drive economic growth, the Mutapa Investment Fund (MIF) has said.
By Tafadzwa Mhlanga
Sep. 13, 2024
Mutapa makes appointments in 6 boards
At Zesa Holdings, Mangudya retained executive chairperson Sydney Gata, who will be deputised by insurance encyclopedia Albert Nduna.
By Melody Chikono
Sep. 11, 2024
SOEs fuel public debt: Mutapa
Mutapa chief Investment officer Simba Chinyemba said the country’s debt crisis had deprived SOEs of access to funding resulting in them under performing.
By Tafadzwa Mhlanga
Sep. 9, 2024
Government in fresh push to drive industrialisation
In 2018, the Southern Africa Railways Association revealed that Zimbabwe’s rail infrastructure cost was US$1,7 billion.
By Tafadzwa Mhlanga
Aug. 22, 2024
Mutapa fund zeroes in on NRZ to bolster economic efficiencies
In an interview with the Zimbabwe Independent, Mangudya suggested that revitalising NRZ could transform the country into a regional transportation hub.
By Freeman Makopa
Aug. 16, 2024
Resource share talks swing to MIF after Invictus move
Sources close to the Invictus project revealed that MIF is now responsible for refining the hydrocarbons policy and the PPSA.
By Tinashe Kairiza
Aug. 9, 2024