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

Sovereign Wealth Fund can empower locals –– BancABC

Posted on 04 June 2010

From Theindependent.co.zw: Zimbabwe’s cABC is lobbying government to set up a Sovereign Wealth Fund (SWF) and implement a broad-based empowerment policy amid a deadline extension for foreign-owned companies to submit their empowerment plans to government.
Blessing Mudavanhu, BancABC group chief risk officer, told journalists and investment analysts at a seminar last Friday that treasury could take a leading role on the country’s empowerment policy………………………………………..Full Article: Source

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