Mutapa considers Tongaat investment

MUTAPA Investment Fund (Mutapa) is evaluating an investment in Tongaat Hulett (Tongaat) alongside Vision Consortium (Vision), officials say.

Advertisements

The development comes as the latter’s spokesperson Rob Bessinger has said a “working arrangement and co-existence with the sovereign wealth fund (SWF) was quite possible based on experiences in other countries”, and the state-controlled behemoth has just snapped up the wealthy Rudland family’s 34 percent stake in Zimre Holdings (

Subscribe to The Financial Gazette

This is premium content. Subscribe to read article.

Subscribe Today

Gain access to all articles. Subscribe Today.

Related posts

Business prays for bold RBZ measures

Growth target faces ‘turbulence’

Zim inflation surges in January

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More