Portfolio
The Fund operates in the following multiple sectors of the economy that include thirty (30) investee companies and more than thirty (30) subsidiaries of the portfolio companies, namely: Mineral Resources, Energy & Trading, ICT, Transport & Logistics, Agriculture & Industrials, Financials Services and Real Estate.
Mineral Resources
Mining Companies
Our mining portfolio is critical to the extraction of natural resources that fuel Zimbabwe’s economy. They extract valuable resources that contribute to the country’s economic growth and development. We are committed to ensuring responsible and sustainable mining practices that benefit the people of Zimbabwe and the environment.
Our Mining Companies
Kuvimba Mining House (Pvt) Ltd
Bio Metallurgical Zimbabwe (Pvt) Ltd.
Bindura Nickel Corporation (Pvt) Ltd.
Freda Rebecca Gold Mine (Pvt) Ltd.
Great Dyke Investments (Pvt) Ltd.
Homestake Mining and Technical Services (Pvt) Ltd.
Jena Mines (Pvt) Ltd.
Kwekwe Consolidated Gold Mines Pvt) Ltd.
Mineral Development (Pvt) Ltd.
Shamva Mining Company (Pvt) Ltd.
Sandawana Mines (Pvt) Ltd.
Zimbabwe Alloys (Pvt) Ltd.
Hwange Colliery Company (Pvt) Ltd.
Defold
Kamativi Tin Mines (Pvt) Ltd
Transminerals (Pvt) Ltd
Zimbabwe Consolidated Diamond Company (ZCDC) (Pvt) Ltd
Karo Platinum Project (Pvt) Ltd.
Energy & Trading
Energy
Our energy companies are essential to powering Zimbabwe’s economy. With a portfolio that includes ZESA, Zimbabwe Power Company, and other energy-related entities, we are committed to providing reliable and affordable energy solutions to our customers.
ZESA Holdings (Pvt) Ltd
- PowerTel Communications (Pvt) Ltd
- ZESA Enterprises (Pvt) Ltd
- Zimbabwe Electricity & Transmission
- Distribution Company
- Zimbabwe Power Company (Pvt) Ltd
Trading
Our trading portfolio companies are involved in the refinery and trading of gold and the distribution of fuel and electricity.
- Fidelity Gold Refinery (Pvt) Ltd
- Genesis Energy (Pvt) Ltd
- Petrotrade (Pvt) Ltd
ICT, Infrastructure
& Logistics
ICT
Telecommunication Companies
Our telecom companies are at the forefront of connecting Zimbabweans and driving economic growth. They provide essential communication services to the nation, connecting people and businesses across the country and with the rest of the world. With a portfolio of three companies, we are committed to providing high-quality communication services to individuals and businesses across the country.
• NetOne Cellular (Pvt) Ltd
• TelOne (Pvt) Ltd
• Telecel Zimbabwe (Pvt) Ltd
Transportation Companies
Our transportation companies are essential for the movement of goods and people across Zimbabwe. With a portfolio comprised of National Railways of Zimbabwe, Air Zimbabwe, and Zupco, we are committed to providing safe and efficient transportation services that meet the needs of our customers. Our transportation companies play a vital role in the movement of goods and passengers, ensuring that the economy remains globally connected and efficient.
Air Zimbabwe (Pvt) Ltd
National Railways Holdings Zimbabwe
• Emerging Railway Properties
• National Railways of Zimbabwe (Pvt) Ltd
• Road Motor Services (RMS)
• Zimbabwe Zambia (Pvt) Ltd
Logistics
National Oil Infrastructure Company
• Fuel Ethanol Company of Zimbabwe (Pvt) Ltd
• INPETRO SAR
• Petrozim Line (Pvt) Ltd
Zimbabwe United Passenger Company (ZUPCO)
Agriculture & Industrials
Agriculture Companies
Our Agricultural companies are critical to feeding Zimbabwe’s growing population. With a portfolio that includes Cottco, Arda Seeds and Cold Storage Company Limited (CSC). We are committed to promoting sustainable agriculture practices that benefit both our customers and the environment. Our agriculture companies focus on increasing commercial farming for domestic demand and export, promoting food security and economic growth.
Manufacturing Companies
Our manufacturing companies are essential to producing goods that meet the needs of Zimbabwe’s consumers. With a portfolio that includes Chemplex Corporation, Willowvale Motor Industry Development, Silo Investments, Allied Timbers, and other manufacturing entities, we are committed to promoting industrial development and economic growth in the country. Our manufacturing companies produce essential goods and services, promoting industrial development and economic growth.
Industrial Development Corporation of Zimbabwe
Afroran Spinners (Pvt) Ltd
Amtec (Pvt) Ltd
Allied Insurance Company (Pvt) Ltd
Chemplex Corporation
Deven Engineering (Pvt) Ltd
Dorowa Minerals Limited
Ginhole Investments Limited
G&W Industrial Minerals (Pvt) Ltd
GD Haulage (Pvt) Ltd
Modzone Enterprises (Pvt) Ltd
Motira (Pvt) Ltd
Sable Chemicals Limited
Sunway City (Pvt) Ltd
Sino-Zimbabwe Cement Company
Surface Investments (Pvt) Ltd
Willowwale Motor Industries (Pvt) Ltd
Wetblue Investments
Zimbabwe Phosphate Industries
Zimbabwe Grain Bag (Pvt) Ltd
Zimbabwe Fertilisers Limited
Aurex Holdings
Aurex Pvt Ltd
Aurex Diamonds (Pvt) Ltd
Cottco Holdings Limited
Cotton Company of Zimbabwe Limited
Cold Storage Company Limited (CSC)
Allied Timbers (Pvt) Ltd
Allied Timbers Saligna (Pvt) Ltd
ARDA Seeds (Pvt) Ltd
AgriFoods
AgriMix
Crest Breeders International
Farm & City
Hubbard Zimbabwe
Langford Estates 1962 (Pvt) Ltd
Silo Food Industries Limited
SunCrest Chickens
Vetco
Victoria Foods
Banking & Financial Services
Our financial institutions provide critical banking and savings services to individuals, government and businesses across Zimbabwe, promoting economic stability and growth. With a portfolio that includes People’s Own Savings Bank of Zimbabwe (POSB), Export Credit Guarantee Corporation of Zimbabwe (ECGC), AFC Holdings Limited and Homelink (Pvt) Ltd, we are committed to promoting financial inclusion and stability in the country.
- AFC Holdings Limited
- AFC Commercial Bank
- AFC Land and Development Bank
- AFC Leasing Company
- AFC Insurance Company
- CFI Holdings Limited
- Credsure
- Emeritus Reinsurance
- Export Credit Guarantee Corporation of Zimbabwe (ECGC)
- Fidelity Property
- Homelink Holdings (Pvt) Ltd.
- Homelink (Pvt) Ltd.
- Homelink Finance (Pvt) Ltd
- People’s Own Savings Banks of Zimbabwe
- Stalap Investments
- Special Auto Underwriters Association of Zimbabwe
- United General Insurance Limited
- ZIMRE Holdings Limited
- ZIMRE Capital
- ZIMRE Property Investments
Real Estate
The Real Estate Portfolio of the Mutapa Investment Fund focuses on creating value through income-generating properties.
Central to this portfolio is the establishment of a Real Estate Investment Trust (REIT), offering investors a diversified property portfolio designed for stable returns and long-term capital growth. Complementing the REIT is a dedicated property management division, ensuring efficient tenant and facilities management for optimal performance.
