THE Government has rejected claims that all Government parastatals under the recently promulgated Mutapa Investment Fund will not be subject to the Public Procurement and Disposal of Public Assets Act (PPDPA). Addressing delegates during the Zimbabwe Economic Development Conference (ZEDCON 2023) in Victoria Falls on Monday, Finance, Economic Development and Investment Promotion permanent secretary George…
WITH the recent changes to the Sovereign Wealth Fund (SWF), the Mutapa Fund, President Emmerson Mnangagwa is building a new empire of parastatals away from the influence of his Ministers. For Finance Minister Prof. Mthuli Ncube, this is what he has been craving for over the past three years. In 2020, presenting the 2021 budget,…