Spartan Security Investments

Spartan Security Investment
TypePrivate company
IndustryInvestment fund
Founded2013 (2013)
Headquarters,
Zimbabwe
Area served
Zimbabwe
Key people
  • K.Mnangagwa (co-founder)
  • Luka Ignatius Fabris (director)
  • Edmund Ngandundu (director)
  • Charles T. Chimbwanda (director)
ProductsSecurities
RevenueUndisclosed
Undisclosed
Undisclosed
Total assetsUndisclosed (2023)
OwnerK. Mnangagwa and others
Number of employees
Undisclosed

Spartan Security Investments (Private) Limited is a Zimbabwean company that specializes in finance and securities-related investments. It is owned by the country's deputy minister of finance and investment promotion, David Kudakwashe Mnangagwa.[1][2] The company has been accused of shady deals, which have increased Zimbabwean currency instability.[1] In 2023, its bank accounts were frozen for illicit black market trading.[3][4][5]

References

  1. 1 2 NewsDay, The. "NPF boss faces $10 million lawsuit". NewsDay. Retrieved 9 October 2023.
  2. ↑ Staff Reporter (31 July 2019). "Mnangagwa son's corruption docket resurfaces". The Zimbabwe Mail. Retrieved 9 October 2023.
  3. ↑ "Local currency manipulation must be stopped". The Herald. 26 September 2019. Retrieved 9 October 2023.
  4. ↑ "IMF, RBZ swoop on Sakunda". Zim Morning Post. 26 September 2019. Retrieved 9 October 2023.
  5. ↑ "Government tightens screws on rogue companies". hararepost.co.zw. Retrieved 9 October 2023.