Zimbabwe's Sovereign Wealth Fund,
rooted in ancient traditions
and modern ambition.
Chipo Mtasa
Chairman of the Board
The Chairman's Message
I am pleased to welcome you to the Mutapa Investment Fund, the Sovereign Wealth Fund of Zimbabwe, which is dedicated to providing strategic leadership and oversight to its portfolio companies. This is essential in order to drive economic growth, create jobs, and generate value and wealth for both the current and future generations.
The Fund is committed to leverage on the balance sheets of its portfolio companies, applying sound corporate governance, and fostering partnerships with global investors to achieve sustainable economic development in Zimbabwe. We achieve this through a forward-thinking approach to investment, innovation, and economic development.
Our Fund is driven by a vision of securing a prosperous future for Zimbabwe, where economic growth and sustainability are intertwined with social responsibility and environmental stewardship. We are committed to exploit the national resources under MIF to create a robust and resilient economy, which will attract foreign investment, stimulate local entrepreneurship, and enhance the overall well-being of all citizens.
As Chairman of the Board of Directors, I am proud to lead a team of experienced professionals who are dedicated to navigating the global investment landscape and identifying opportunities that align with our national priorities.
I would like to express my deepest gratitude to His Excellency the President of Zimbabwe for his vision and leadership in establishing the Mutapa Investment Fund. We are committed to working closely with all stakeholders to achieve our shared goals and contribute to the country’s prosperity.
I invite you to join us on this journey as we strive to build a brighter future for Zimbabwe.
Chipo Mtasa
Chairman of the Board of Directors
Board of Directors
Chipo Mtasa
Chairman
Lesley Ndlovu
Vice-Chairman
John Panonetsa Mangudya
Chief Executive Officer
Simbarashe Chinyemba
Chief Investment Officer
Farai Mutamangira
Bhamre Prassad
Charity C. Jinya
Nqobile Ndlovu
Douglas Hoto
Our Vision.
To secure a successful future for Zimbabwe.
Our Mission.
To preserve and grow wealth on a sustainable basis from the Fund’s portfolio companies and investments for Zimbabwe’s current and future generations.
Our Values.
Accountability
We take responsibility of everything we say and do.
Transparency
Open and honest full disclosure.
Excellence
Focus on achieving outstanding performance.
Commitment
To consistently deliver on the promise of value and wealth creation and to meet the objectives of the Fund.
Integrity
We strive to do what is right, even when it is hard
Sustainability
We are dedicated to achieving the needs of current generations without compromising the needs of future generations – we care about the environment, social and governance (ESG) matters.
The Mutapa State : A Brief History
The Economy of the Mutapa State.
The economy of the Mutapa State thrived on the trade of gold, ivory, copper and animal hides acquired from the territories under its control. These goods were exchanged for embroidered textiles and glass beads imported from India at the major trade cities along the East African coast. Of particular significance to Mutapa was the trade outpost of Sofala, which was then controlled by the northern city of Kilwa. Mutapa merchants used these imported goods to trade for gold and ivory sourced from highland tribes. Trade was solely managed by the ruling elite, leading to substantial wealth for the kings. This wealth not only increased their prestige but also solidified their authority within the empire
