Business Reporter
MUTAPA Investment Fund (MIF) has implored ZESA Holdings to adopt aggressive management practices which foster meaningful service delivery systems.
He made the remarks recently during ZESA Holdings Private Limited’s commemoration of a decade of using internal performance audits awards ceremony held in Harare.
“Effective risk management is not merely about avoiding pitfalls; it’s also about identifying opportunities within risks,” Mangudya said in a speech read on his behalf by the fund’s corporate affairs head Rugare Dhobbie.
“By leveraging comprehensive asset risk assessments and fostering transparency, we can empower investors to make informed decisions that strengthen the power sector.”
He highlighted three key areas that must be addressed to unlock capital: the adoption of cost-reflective tariffs, protection against currency volatility and accelerated implementation of energy projects.
“We need clear and bankable frameworks that de-risk investment in generation, especially in solar, where Zimbabwe is targeting 1 000 megawatts,” Mangudya said.
“Our commitment to safeguarding investments is not just about protecting assets. It’s about enhancing trust and building long-term relationships with existing and potential investors.”
