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Sovereign Wealth Funds Briefing - Categorized | Fund Profile/New Launches

Zimbabwe: NGOs call for wealth fund

Posted on 25 May 2012

Non-Governmental organisations in Zimbabwe have called on Government to urgently establish a Sovereign Wealth Fund as back-up when diamonds have been exhausted. Dr Cephas Zinhumwe, the chief executive officer of the National Association of Non-Governmental Organisations, made the plea.
“Government needs to establish a Sovereign Wealth Fund . . . Diamonds are a finite resource and we must plan for the future when these minerals run out,” Dr Zinhumwe said in his presentation………………………………………..Full Article: Source


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