Mutapa Investment Fund's acquisition of a 37.1% stake in Cottco reflects a strategic decision by the government to transfer its shareholding from the Ministry of Finance and Economic Development. This

The government has implemented a strategic amendment to the Sovereign Wealth Fund Act, effectively enabling the Mutapa Investment Fund to leverage state-controlled assets as collateral for debt financ

Invictus Energy has secured a three-year extension of its exploration licences in Zimbabwe’s Cabora Bassa Basin, paving the way for drilling a high-impact well that could unlock more than a trillion c

The government has formally transferred the long-collapsed Zimbabwe Iron and Steel Company (ZISCO) to the Mutapa Investment Fund, the country’s sovereign wealth vehicle in an attempt to breath life in

Mutapa Investment Fund has delivered its most ambitious set of results since inception, reporting total assets of USD16.5 billion and total comprehensive income of USD1.4 billion for the year ended 31

Mutapa Investment Fund has slated a deal pipeline exceeding USD 1 billion for execution in 2026, spanning mining syndication, commodity offtake financing, energy infrastructure, and rail rehabilitatio

Patrick Maseva-Shayawabaya has been appointed Chief Executive Officer of Mutapa Investment Fund's gold subsidiary, replacing Trevor Barnard, who has held the role since 2024. Maseva-Shayawabaya joins

People's Own Savings Bank and AFC Insurance Company signed a bancassurance partnership agreement on the 16th of June 2026, under which POSB will distribute a suite of AFC Insurance products through it

Zimbabwe's steel sector generated USD 137 million in export proceeds in the first half of 2026, already surpassing the full-year 2025 total of USD 92.1 million in six months. In Q1 2026, steel exports

Cabinet has moved the restructuring of ZESA into implementation, consolidating generation, transmission, distribution, system planning and commercial functions under ZESA Private Limited at a time Zim

Dinson Iron and Steel Company the Zimbabwean subsidiary of Chinese steel and nickel group Tsingshan Holding Groupplans to increase annual steel capacity at its Manhize plant from 600,000 tonnes to abo

One of the more revealing findings in the latest Auditor General report is that Air Zimbabwe can produce a clean set of accounts and still remain economically fragile. The Auditor General issued an un

People’s Own Savings Bank has expanded its balance sheet aggressively during the first half of 2026, but the additional deposits and lending have yet to replace earnings lost as regulatory measures c

National Railways of Zimbabwe is preparing one of its most consequential rolling-stock interventions in years, with Mutapa Investment Fund negotiating a US$115 million Afreximbank facility to acquire

Mutapa Platinum Group, the platinum business within Zimbabwe’s state-owned Mutapa mining portfolio, has secured a US$100 million financing facility to restart development at Darwendale. The company is

Zimbabwe has separated the person selling the investment story from the person controlling the public purse, placing businessman Kudakwashe Tagwirei in charge of Economic Development and Investment Pr

Cold Storage Company, Zimbabwe’s state-owned meat processor under the Mutapa Investment Fund, has increased daily cattle slaughter by 140% to approximately 120 following refurbishment of its Bulawayo

Zimbabwe's diamond sales surged 249.9% to US$71.61 million during the first ten months of 2026, but a sustained decline in the value realised from each carat continues to constrain the industry's rec

ZESA is cutting jobs as part of a government-approved restructuring that combines ZESA Holdings, the Zimbabwe Power Company (ZPC) and the Zimbabwe Electricity Transmission and Distribution Company (ZE

Invictus Energy has moved its drilling rig to the Musuma-1 exploration site in Zimbabwe's Cabora Bassa Basin, bringing the company closer to testing a gas prospect estimated to contain 1.2 trillion cu