Spartan Security Investments Explained

Spartan Security Investment
Type:Private company
Industry:Investment fund
Location City:Harare
Location Country:Zimbabwe
Key People:
  • K.Mnangagwa (Co-founder)
  • Luka Ignatius Fabris (Director)
  • Edmund Ngandundu (Director)
  • Charles T. Chimbwanda (Director)
Area Served:Zimbabwe
Products:Securities
Assets:undisclosed
Assets Year:2023
Revenue:undisclosed
Operating Income:undisclosed
Net Income:undisclosed
Num Employees:undisclosed
Owner:K. Mnangagwa and others

Spartan Security Investments (Private) Limited is a Zimbabwean owned company which specializes in finance and securities related investments. It is owned by deputy minister of finance and investment promotion of Zimbabwe, David Kudakwashe Mnangagwa.[1] [2] It is accused of shady deals which propel Zimbabwean currency instability alongside Makanaka Investments which trade as Pote Holdings. At one point, the Company bank accounts were frozen for illicit black market trading.[3] [4] [5]

Notes and References

  1. Web site: NewsDay . The . NPF boss faces $10 million lawsuit . 2023-10-09 . NewsDay.
  2. Web site: Staff Reporter . 2019-07-31 . Mnangagwa son’s corruption docket resurfaces . 2023-10-09 . The Zimbabwe Mail . en-GB.
  3. Web site: Local currency manipulation must be stopped . 2023-10-09 . The Herald . en-US.
  4. Web site: Staff Reporter . 2019-09-26 . IMF, RBZ swoop on Sakunda . 2023-10-09 . Zim Morning Post . en-US.
  5. Web site: Government tightens screws on rogue companies . 2023-10-09 . www.hararepost.co.zw.