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Mutapa fund gets approval to take over Rudland's controlling stake in ZimRe – The Zimbabwe Mail

The competition regulator has approved the Mutapa sovereign wealth fund’s takeover of businessman Hamish Rudland’s controlling stake in ZimRe, one of the country’s biggest insurance and property investors. Mutapa bought 33.8% from Day River Corporation, through which Rudland controlled ZimRe. Government already held 18% of the company and has influence over the National Social Security… ....

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