Governance reforms now taking root, says Mtasa

Mutapa Investment Fund Board Chairperson Chipo Mtasa says the Fund has laid "strong institutional pillars" during its inaugural reporting period, emphasising governance, transparency and accountability as the foundation for safeguarding Zimbabwe's sovereign wealth.

In her statement in the 2024 Annual Report, Mtasa said the Board had prioritised disciplined oversight, risk management and alignment with international best practice to ensure national assets are protected and optimally managed.

"The stewardship of national wealth demands exceptional care, foresight and integrity. The Board has upheld the highest standards of corporate governance," she said.

Mtasa said the Fund's first audited financial statements reflected the diversity of accounting practices inherited from the 30 State‑Owned Enterprises transferred to Mutapa. She said the Fund would now harmonise policies and systems across the portfolio to improve consistency, transparency and financial discipline.

She said Mutapa's investment strategy was aligned with national development priorities, focusing on energy, logistics, industrialisation and export competitiveness.

Mtasa said the Fund's long‑term vision was to build a resilient, diversified investment portfolio that secures enduring value for Zimbabwe.