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Mining Industry Pension Fund
Mining Industry Pension Fund was founded in 1952 to deliver retirement benefits to employees in Zimbabwe's mining industry. The structure stems from agreements...
Mining Industry Pension Fund
Mining Industry Pension Fund was founded in 1952 to deliver retirement benefits to employees in Zimbabwe's mining industry. The structure stems from agreements between the Chamber of Mines of Zimbabwe and the Associated Mine Workers Union of Zimbabwe, each of which appoints four trustees to the board. The fund maintains a portfolio of direct real estate assets. Confirmed holdings include Shurugwi Shopping Mall, Takura Mall in Gweru, MIPF House in Harare, and residential projects such as Impali Housing and Shurugwi Housing. It also runs a micro-loan scheme and a member mortgage program. Geographic focus remains Zimbabwe, with properties concentrated in Harare, Bulawayo, Gweru, Shurugwi, Gokwe, and Kwekwe. Anymore Taruvinga joined as CEO effective November 1, 2025, succeeding prior leadership. The fund lists 48 million USD in assets under management on an Altss internal estimate. It maintains membership in the Zimbabwe Association of Pension Funds and operates under oversight from the Insurance and Pensions Commission. Governance rests with a board appointed through the National Employment Council, creating a direct link between mining employers, unions, and investment decisions rather than a conventional asset manager structure.
General information
Firm type
Pension Fund
Year founded
1952
Location
Region
Africa
Country
Zimbabwe
City
Harare
Corporate office
Harare, Zimbabwe
Principals
Anymore Taruvinga
CEO / Principal Officer
Clara P. Sadomba
Board Chairperson
Thulani Ndlovu
Pensions Manager
Sector focus
Frequently asked questions
Who runs investment decisions at Mining Industry Pension Fund?
Anymore Taruvinga serves as CEO and Principal Officer. The board of trustees includes four representatives each from the Chamber of Mines of Zimbabwe and the Associated Mine Workers Union of Zimbabwe.
Does Mining Industry Pension Fund participate in fund commitments or only direct deals?
The fund executes direct investments, primarily in commercial and residential real estate projects within Zimbabwe.
Where does the underlying wealth come from?
Contributions come from employees and employers in the Zimbabwe mining industry under a collective bargaining agreement.
How is Mining Industry Pension Fund related to the Chamber of Mines of Zimbabwe?
The Chamber of Mines of Zimbabwe appoints four employer representatives to the board of trustees.
What investment stages does Mining Industry Pension Fund typically target?
The fund focuses on direct real estate acquisitions and development rather than venture or growth equity stages.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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