Zimbabwe Empowerment Fund grows to $4.9bn
Categories: Business, National Tags: Indigenisation and Economic Empowerment Act 2007, Saviour Kasukuwere, Zimbabwe indigenisation minister, Zimbabwe Sovereign Wealth Fund THE Government of Zimbabwe says the Sovereign Wealth Fund (SWF) has grown to a financial capacity of over $4 billion. The fund is expected to be used to ensure that the majority can effectively participate in the mainstream economy. It was created after foreign owned mining companies ceded shareholding to the indigenous people under the […] |