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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… ....

Mashonaland Central , Victoria Falls , Matabeleland North , Hamish Rudland , National Social Security Authority , Tariff Commission , Zimre Properties , Eagle Real Estate Investment Trust , Day River Corporation , Stalap Holdings , Glenara Estate , Victoria Foods , Fidelity Life ,

CFI to prioritise milling, low-cost housing investments

LISTED agro-concern CFI Holdings says it will continue to prioritise continued investments in its milling operations in the short term to underpin the group’s long-term competitiveness. Group chairperson, Ms Itai Pasi, said in a statement of financials for the year ended September 30, 2023, that the long-term focus remained on the development of low-cost housing… ....

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