Invictus identifies potential hydrocarbon traps at Muzarabani

Invictus Energy says it has identified potential hydrocarbon traps following receipt of final processed data from its 2D seismic survey over the Muzarabani gas-condensate...

FIU orders freeze on four company accounts

HARARE - The Financial Intelligence Unit has directed that the accounts of four retail chains be frozen to allow for investigations on possible money...

EU maintains sanctions on Zimbabwe Defence Industries

The European Union has maintained an arms embargo and targeted asset freeze on the Zimbabwe Defence Industries while lifting restrictive measures on three individuals:...

“Confidence in booking Victoria Falls restored to almost pre-pandemic levels”

PRESS RELEASE: Confidence in booking Destination Victoria Falls has risen to 74% in 2021, according to the annual Future Traveller Sentiment Survey conducted by...

IFC, Zimbabwe Partner to Develop Agriculture Insurance to Protect Smallholder Farmers

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Zim secures global association membership

Takudzwa Musakasa  The Zimbabwe Tourism Authority (ZTA) through its Zimbabwe National Convention Bureau has secured international membership with The Global Association of the Exhibition Industry...

Invictus to commence drilling in June

Takudzwa Musakasa  Invictus Energy’s (IVZ) drilling contractor has revised the commencement date of its rig mobilisation to the Cabora Bassa gas project in Zimbabwe to...

Willdale sees 20% volume decline in QDecember

Tadiwa Musiyiwa  Zimbabwe Stock Exchange-listed brick maker, Willdale Limited, says the continuous depreciation of the Zimbabwe dollar against the US dollar has created uncertainty in...

Chinese company to control Bikita Minerals in US$180m transaction

China Nonferrous Metal Mining Group Co. through its subsidiary Sinomine Resource Group has announced it would acquire a lithium project in Zimbabwe, joining the...

Invictus contracts Baker Hughes for Muzarabani project

Itai Ndongwe Invictus Energy (IVZ) has awarded an integrated well services contract to global oilfield service provider, Baker Hughes for its Caborra Bassa project in...