Online Reporter
Farirai Machivenyika
Senior Reporter
Mutapa Investment Fund has disbursed over US$31 million to fertiliser companies under its purview as part of efforts to improve production and reduce imports.
This was said by MIF chief executive officer Dr John Mangudya on Tuesday morning when he appeared before the Parliament’s Portfolio Committee on Industry and Commerce to respond to questions on what they were doing to improve the operations of companies under its management in the fertiliser value chain.
Dr Mangudya said Mutapa disbursed US$5,3 million to Dorowa Minerals for the production of phosphates, US$10 million to ZFC, US$ 3 million to Zimphos and US$13,3 million to Sable Chemicals.
