By Itai Ndongwe
HARARE – The Mutapa Investment Fund (MIF) has signed a corporate integrity pledge, committing to ethical conduct, transparency, and the fight against corruption in all its operations.
The pledge, administered by Zimbabwe Anti-Corruption Commission (ZACC) Chairperson Michael Reza, binds MIF to uphold accountability across its governance, procurement, and investment systems.
MIF Chief Executive Officer Dr. John Mangudya said the pledge reflects the Fund’s determination to promote transparency and integrity.
“This pledge shows our promise to uphold integrity and apply strong anti-corruption controls in all our processes,” said Dr. Mangudya.
He added that MIF’s governance framework is guided by Zimbabwe’s National Development Strategy 1 (NDS1) and NDS2, which emphasize accountability in managing public resources.
“These measures are meant to ensure that Mutapa remains a trusted and value-driven institution working for the people of Zimbabwe,” he said.
ZACC Chairperson Reza applauded MIF’s move, saying it demonstrates a commitment to building a transparent and fair economic environment.
“Mutapa Investment Fund has shown it is ready to put integrity at the center of its operations. This kind of commitment helps build a fair and transparent economy where opportunities are shared by all,” he said.
Established in 2014 under the Sovereign Wealth Fund of Zimbabwe Act [Chapter 22:20], MIF was capitalized in 2023 through the transfer of selected State-Owned Enterprises (SOEs) and government investments.
The signing reaffirms MIF’s alignment with the Santiago Principles and Zimbabwe’s national anti-corruption framework, reinforcing its role as a credible and accountable sovereign wealth fund.
