Invictus Energy identifies 13 potential hydrocarbon zones

Business Writer The Australian company exploring for oil and gas in Muzarabani in Mashonaland Central Province – Invictus Energy, has announced the identification of 13 potential hydro-carbon-bearing zones across the…

ZSE outshines regional exchanges

Business Writer The Zimbabwe Stock Exchange (ZSE) fared well in its performance compared to regional peers last year in US dollar terms, according to the African Financials’ Sub Sahara Africa…

Renewables revolution offers brighter future for SA’s small businesses

Pieter Bensch South Africa’s shortfall of power generation capacity has reached beyond crisis levels. We’ve experienced more days and hours of load shedding in 2022 than in any other year,…

Month-on-month inflation to remain below 3 pc, Govt

Enacy Mapakame While the Government is upbeat of managing inflation to below 3 percent level, market experts opine that failure to keep a tight lead on money supply may trigger…

Getbucks considers full ZSE delisting

Business Writer   GetBucks Microfinance Bank says it is now considering a full delisting of its securities on the Zimbabwe Stock Exchange (ZSE) having initially considered migrating to the Victoria Falls…

Bulawayo City Council now inspecting government buildings for fire safety

The Bulawayo City Council has started inspecting all government buildings for fire safety, a responsibility that it previously left to the Ministry of Local Government and Public Works. Council chamber…

Delta seeks to expand capacity in 2023      

Business Writer The country’s largest beverages maker, Delta Corporation, has lined up several capacity expansion initiatives for financial year 2023 as it seeks to meet consumer demand, especially for its…

Russian oil price cap could save African countries billions, says Yellen

Reuters Russia’s war in Ukraine is hitting Africans particularly hard by exacerbating food insecurity and putting an unnecessary drag on the continent’s economy, U.S. Treasury Secretary Janet Yellen said in…

VFEX turnover bulks 1700 pc

Enacy Mapakame The Victoria Falls Stock Exchange (VFEX) turnover for the year to December 31, 2022 surged 1 700 percent to US$463 855 as both issuer and investor interest increased.…

Zim’s lucrative lithium sector attracts more investors

Michael Tome AFRICAN Lithium Resources Limited (“ALR”), a subsidiary of the AIM-listed Red Rock Resources, is set to expand its lithium extraction operations to Goromonzi as the company applied for…

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