The Markets Ledger

Zisco moved under Mutapa Fund

The decision effectively aligns Zisco with a broader restructuring of public assets, including those previously associated with Kuvimba Mining House (KMH). In 2022, Cabinet had identified Kuvimba as the preferred bidder for Zisco, but recent developments have seen Kuvimba itself folded into the Mutapa Investment Fund, tightening government control over strategic resources.