Mutapa Fund Tightens SOE Oversight

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Zimbabwe’s Mutapa Investment Fund says reforms introduced in 2024 are improving oversight and performance across its portfolio of 30 state-owned enterprises. Annual audits, professional management and new public-private partnerships have helped identify gaps, restore assets and attract investment. The fund is backing projects in rail, energy and mining, including up to US$950 million for mineral expansion, aiming to grow jobs, output and long-term national wealth.