ZIMRE Holdings says it is looking forward to working closely with Mutapa Sovereign Wealth Fund in its pursuit of initiatives that seek to yield considerable return on investment from agri-business firm, CFI Holdings.
The National Social Security Authority (NSSA) and Zimre have a 38,91 percent shareholding in CFI held through Stalap Investments making them joint-largest shareholders in the agri-business firm.
Mutapa recently acquired a controlling stake in Zimre after securing 33,8 percent from Day River Corporation, through which businessman Hamish Rudland controlled Zimre.