Invest Wisely
OIL and gas exploration firm, Invictus Energy, says it has successfully commenced the drilling of its second exploratory well, Mukuyu-2 side-track, with a 100% new formation having been drilled. Drilling … Read More
Zimbabwe Electricity Supply Authority (Zesa) in conjunction with National University of Science and Technology (Nust) is capacitating its workforce by providing critical skills in renewable energy equipment installation. The power … Read More
ZIMBABWE Energy Regulatory Authority (Zera) has remitted more than $113 million in surplus funds to the Rural Electrification Fund, a development which will see rural electrification projects moving forward. The … Read More
Australian firm, Invictus Energy, which is scouring the ground for petroleum deposits in Mbire and Muzarabani districts (Mashonaland Central province) north of Zimbabwe, moved closer to its objective of discovering … Read More
A high-impact energy project — a 1 200-megawatt coal-fired plant under Prestige Massive (Private) Limited at River Ranch in Beitbridge is seeking a power generation licence to feed an energy-consuming … Read More
AUSTRALIAN energy firm, Invictus Energy Limited, has recovered hydrocarbons at its second drill site in north-east of Zimbabwe, indicating further natural gas and oil deposits. The second drilling site, called … Read More
Power cuts being experienced across the country are expected to ease by the end of this month when power generation will increase on the back of two units being brought … Read More
THE 300MW Hwange Thermal Power Station Unit 7 would be back online in the next three weeks while negotiations are underway to increase electricity imports and speed up rehabilitation of … Read More
THE 2024 fiscal year wii likely be underfunded to the tune of $62,2 trillion because Treasury is broke, a development likely to sink consumers and businesses into deeper poverty next … Read More
Zimbabwe’s power supply situation remains a liability to businesses with the sustained electricity tariff hikes, without guaranteeing consistent supply, disrupting operations and threatening viability, business member groups and analysts said. … Read More
