Sat, Oct 25, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

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

Zimbabwe’s planned ‘wealth fund’ to target mines

Posted on 11 March 2011

From CNN: Zimbabwean officials have said the government will create a fund that will take control of 51% of the country’s mines to finance development. “We have been careful to implement this … We need the 51% (equity) to come into our sovereign wealth fund,” said Saviour Kasukuwere, the minister of youth and empowerment. “We all agreed as a government.”
New guidelines on the mine policy, which will affect foreign-owned businesses, will be published Friday, the minister said……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 15018 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
October 2014
M T W T F S S
« Sep    
 12345
6789101112
13141516171819
20212223242526
2728293031