Invest Wisely
THE Africa Investment Forum presented four renewable energy and sustainability projects worth nearly US$1,5 billion to investors on the sidelines of the African Development Bank Group’s 2023 Annual Meetings in … Read More
AUSTRALIA-HEADQUARTERED Invictus Energy has awarded Polaris Natural Resource Development a contract to provide 2D seismic acquisition services for its phase two exploration campaign in the Cabora Bassa Basin. Polaris is … Read More
Fuel smuggling in Zimbabwe is hampering Government’s revenue collection efforts – a serious threat to economic growth – despite tax and law enforcement authorities’ attempt to curb the scourge. “The … Read More
THE Zimbabwe Power Company (ZPC) says final touches are being put on Hwange Power Station Units 7 and 8 expansion and the Deka Pipeline Upgrade projects, which have above 90 … Read More
BETA Holdings is engaging the Zimbabwe Electricity Transmission and Distribution Company (ZETDC) to connect its aggregate plant (stone crusher) in Shamva to a dedicated power line that is waived from … Read More
INVICTUS Energy, the Australian company searching for oil and gas in the north of Zimbabwe, has declared that Zimbabwe “definitely” hosts significant hydrocarbons (fossil) deposits, breaking new ground in the … Read More
CENTRE for Natural Resource Governance (CNRG) executive director Farai Maguwu has warned that the proposal by Shalom Mining Corporation Private Limited (SMCPL) to explore Mana Pools for oil could result … Read More
FURTHER daily power cuts loom following the temporary shutdown of a 300-megawatt (MW) unit at the country’s second largest power generation unit, Hwange Thermal Power Station. On Wednesday, the Zimbabwe … Read More
(Reuters) – Australia-listed Invictus Energy (IVZ.AX) on Monday confirmed the presence of light oil, gas condensate and helium at its Cabora Bassa project in Zimbabwe, sending its shares up 8.7%. … Read More
POWER utility, Zesa, says 120MW of electricity will be ringfenced to ensure uninterrupted power supply to wheat farmers this coming winter. This comes as Zimbabwe is steadily increasing its power … Read More
