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Zimbabwe
Mnangagwa transfers opaque statal mining assets to the sovereign fund

Zimbabwean president Emmerson Mnangagwa.
Zimbabwean president Emmerson Mnangagwa. © Aaron Ufumeli/EPA/MaxPPP
The president's 19 September decision to transfer 17 major government assets, including shares in Kuvimba, Defold and Hwange Colliery, to the Mutapa sovereign wealth fund has sparked general outcry in Harare. Moreover, the fund can now make foreign transactions without prior approval. [...]
Published on 03.10.2023 at 04:40 GMT Reading time 2 minutes
Finance, Mining

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Finance Mining

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