Zimbabwe's forgotten State-Owned Enterprises might rise from the dead thanks to the Mutapa Investment Fund. These companies once helped the country grow but fell apart because of bad management. The fund changed its name in September 2023 under President Mnangagwa's orders. Dr John Mangudya leads this team, working hard to fix broken government businesses. They want these companies making money instead of wasting tax dollars.
The fund has jumped into action, helping public transport company ZUPCO buy new vehicles for city travelers. They're also fixing old trains at National Railways to move more goods across the country. Other companies getting help include Cottco, Silo Foods, Air Zimbabwe, and Cold Storage Commission. These improvements create jobs and make the economy stronger for everyone.
Energy problems top their list of plans for the Zimbabwe Electricity Supply Authority. They've started using prepaid meters and smart technology to provide better service. The Hwange power plant fix should add 600MW of electricity. The fund ensures company boards work properly and manage money wisely. They want government businesses to serve people better instead of draining resources.
The fund has jumped into action, helping public transport company ZUPCO buy new vehicles for city travelers. They're also fixing old trains at National Railways to move more goods across the country. Other companies getting help include Cottco, Silo Foods, Air Zimbabwe, and Cold Storage Commission. These improvements create jobs and make the economy stronger for everyone.
Energy problems top their list of plans for the Zimbabwe Electricity Supply Authority. They've started using prepaid meters and smart technology to provide better service. The Hwange power plant fix should add 600MW of electricity. The fund ensures company boards work properly and manage money wisely. They want government businesses to serve people better instead of draining resources.
