Invictus farm-in deal off rails
Invictus Energy, which is searching for oil and gas in Zimbabwe’s Muzarabani area, has terminated a farm-in agreement with an unnamed partner after failing to complete a satisfactory due diligence on the investor, the company said.
Could renewed social unrest hinder economic recovery?
Protests driven by the pandemic’s economic fallout are on the rise, with potentially long-lasting economic consequences.
Tourism sector appeals for financial support
The Zimbabwe’s tourism and travel industry has appealed for financial support in State grants to save the industry suffocating from the effects of coronavirus pandemic.
Zim industries to take heat from SA demonstrations
Zimbabwe’s industries will likely feel some pinch from the demonstrations taking place in South Africa, its largest trading partner, as trade becomes clogged.
Drilling starts at Zulu Lithium
Regional mining group, Premier African Minerals, has made progress on drilling at its Zulu Lithium project presently under development in Matabeleland South province.
Econet’s DPA powers Total service stations
Econet Global subsidiary, Distributed Power Africa, has clinched a deal to install solar panels at 15 Total Zimbabwe service stations across the country.
Zim operations sweeten Tongaat
Johannesburg Stock Exchange-listed entity Tongaat Hulett is looking forward to more dividend payments from its Zimbabwe-based operations, chief executive officer Gavin Hudson said while presenting the company’s results for full-year to March 31, 2021.
Is copper on the rebound as new fuel?
As global copper prices continue firming and demand of the commodity likely to surge on massive capital expenditure on the green projects, Zimbabwe has set sights on resuming copper production by 2023, a Cabinet minister said this week.
Now and then: Is the ZSE now overvalued?
At the close of trading on Wednesday, the Zimbabwe Stock Exchange was valued at $765 billion by market capitalisation.
SA farmers plead for state of emergency
The South African Cane Growers’ Association has pleaded with government to declare a national state of emergency in the country as riots and looting wreak havoc on businesses and critical infrastructure.











