Mutapa seeks new capital

By Mishma Chakanyuka Staff Writer

Mutapa seeks new capital

Staff WriterMUTAPA Investment Fund (Mutapa) is weighing several capital raising initiatives to revitalise its expansive business portfolio, including through joint ventures and cross-subsidising its units to achieve mutual growth.Cross-subsidising is a business practice which involves using profits generated by one profitable business unit to offset losses incurred by another, less profitable unit within the same…

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