referencing the expected date of ppsa, the invictus board have indicated that John Mangudya will lead negotiations on the ppsa.
so dr Man’s-good-ya can’t really start doing that until he starts in his actual role as ceo of mutapa as per this announcement:
“His Excellency, President Mnangagwa in terms of Section 8 (b) (1) of the Sovereign Wealth Fund Act (Chapter 22:20) has appointed Doctor John Mangudya to the post of Chief Executive Officer of the Mutapa Investment Fund.“His 10-year term of office at the helm of the RBZ ends on April 30 2024 in terms of Section 15 (3) of the RBZ Act. The major appointment has been made in line with the dictates of good corporate governance on succession planning for forward guidance of the market,” he said.
so logically we can’t really expect a ppsa finalised until minimum 30th April - assuming that dr man’s good ya simply rubber stamps the deal which he no doubt already has full visibility over. No doubt he will want to take full credit and hit the ground running in his new role by kicking goals. But also He may take some time to seriously consider it, maybe milk a few paper bags of cash even. Hope Scott has some Unmarked USD bills in bags lying around. So add a few weeks maybe? Making our ppsa expected mid May.
now dr man’s-good-ya is also the chairman of the Zimbabwe industrial development corporation, as the name suggests they fund projects that benefit the industry of Zimbabwe- an industry starved of clean energy, if only there was a gas exploration company looking for partners funding ?
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