In a significant administrative shift, Zimbabwe’s Mutapa Fund has announced the appointment of 11 new board members for the state-owned power utility, ZESA. This move signals a major overhaul within the energy sector, aimed at enhancing efficiency and addressing the persistent power challenges faced by the nation. The appointments come as the government seeks to strengthen governance and strategic direction for key parastatals.
Key Players Involved
- Mutapa Fund: The sovereign wealth fund responsible for overseeing state-owned enterprises.
- ZESA (Zimbabwe Electricity Supply Authority): The national power utility.
- New Board Members: 11 individuals appointed to steer ZESA’s strategic direction.
Event Timeline
- September 7, 2026, 23:53 UTC: Announcement of the appointment of 11 ZESA board members by the Mutapa Fund.
