Wed, Mar 4, 2015
A A A
Welcome preal121
RSS

Sovereign Wealth Funds Briefing - Categorized | Performance

Zimbabwe Empowerment Fund grows to $4.9bln

Posted on 08 January 2013

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 51-49% ratio as stipulated by the Indigenisation and Economic Empowerment Act 2007………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 15841 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
March 2015
M T W T F S S
« Feb    
 1
2345678
9101112131415
16171819202122
23242526272829
3031