Shareholder says refurbished locomotives and wagons signal that Zimbabwe's logistics gap is closing and "the giant is awakening" Harare- The Chief Executive Officer of the Mutapa Investment Fund (MIF), Dr John Pagwesese Mangudya, has described the refurbishment of three locomotives and 100 high-sided wagons under a Public–Private Partnership (PPP) between…
Harare – Cotton Company of Zimbabwe (Cottco) has been placed under a voluntary business rescue plan after years of financial distress, weak balance sheets, and an inability to pay salaries, creditors, and other obligations, lawmakers heard. Cottco board chairperson, Sifelani Jabangwe told the parliamentary portfolio committee on Agriculture, Mechanisation and…
-As Dorowa is set for May restart. Harare – Mutapa Investment Fund has committed $153 million to resuscitate Zimbabwe’s fertiliser manufacturing value chain, with the first disbursements already enabling Dorowa Minerals to resume phosphate production in May, fund chief executive Dr John Mangudya told parliament. Presenting before the Parliamentary Portfolio…
