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MIF is working with the government to find sustainable solutions. In addition to tackling the debt issue, MIF is exploring potential partnerships to enable these companies to operate at full capacity
The Mutapa Investment Fund (MIF) said that it would take decisive steps to address the issue of legacy debts burdening Air Zimbabwe (AirZim) and other state-owned enterprises under its control.
The national airline has been hampered by heavy debts on its books for many years, stifling its operations. MIF chief executive John Mangudya said the fund would engage the government to assume these legacy debts, easing the financial strain on the affected businesses.
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MIF is working with the government to find sustainable solutions. In addition to tackling the debt issue, MIF is exploring potential partnerships to enable these companies to operate at full capacity.
