ZSE optimistic of listing Mutapa subsidiaries

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THE Zimbabwe Stock Exchange chief executive, Justin Bgoni, says the local bourse anticipates obtaining additional new listings from the Mutapa Investment Fund.

“We anticipate obtaining additional new listings from the Mutapa Fund, where several state enterprises could undergo privatisation and be listed on our exchanges, enabling them to raise the necessary capital,” Bgoni said this week.

The Mutapa Investment Fund is Zimbabwe’s sovereign wealth fund expected to play a pivotal role in revitalising the country’s State-owned enterprises and contribute to the nation’s long-term economic stability and prosperity.

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