Oil major Total closes purchase of Anadarko’s Mozambique LNG asset

PARIS – French oil major Total has completed the acquisition of Anadarko’s 26.5% stake in Mozambique’s liquefied natural gas project for $3.9 billion, Total said on Monday, in a deal expected to raise much-needed revenue for Mozambique.

Fuel prices marginally up

HARARE – The Zimbabwe Energy  Regulatory Authority (Zera) said on Sunday fuel prices will effective  Monday increase by 21 cents and 34 cents respectively for petrol and  diesel.

Fuel prices marginally up

HARARE – The Zimbabwe Energy  Regulatory Authority (Zera) said on Sunday fuel prices will effective  Monday increase by 21 cents and 34 cents respectively for petrol and  diesel.

TV Sales & Home in major synergistic investments

HARARE – Furniture and electrical  appliances retailer, TV Sale & Home (TVSH) has acquired a 49 percent  stake in bed maker, Restapedic and also separately established a joint  venture lounge suite manufacturing company, an official has said.

TV Sales & Home in major synergistic investments

HARARE – Furniture and electrical  appliances retailer, TV Sale & Home (TVSH) has acquired a 49 percent  stake in bed maker, Restapedic and also separately established a joint  venture lounge suite manufacturing company, an official has said.

RioZim closer to 2 400MW power deal

RIOZIM will sign an engineering procurement and construction contract (EPC) with Power China for the first phase of its 2 400 Megawatts (MW) Sengwa Thermal Power Plant next month, a highly placed company director has revealed.

RioZim closer to 2 400MW power deal

RIOZIM will sign an engineering procurement and construction contract (EPC) with Power China for the first phase of its 2 400 Megawatts (MW) Sengwa Thermal Power Plant next month, a highly placed company director has revealed.

Headwinds forecast to persist

Zimbabwe is projected to face persistent economic headwinds in the short to medium term as the domestic economy remains vulnerable to both endogenous and exogenous factors, leading UK-based global economic research firm, Fitch Solutions says.

Headwinds forecast to persist

Zimbabwe is projected to face persistent economic headwinds in the short to medium term as the domestic economy remains vulnerable to both endogenous and exogenous factors, leading UK-based global economic research firm, Fitch Solutions says.

IMF speaks on staff-monitored programme

Weakening confidence, policy uncertainty, a continuation of forex market distortions and a recent expansionary monetary stance, has increased pressure on the country’s exchange rate, the International Monetary Fund (IMF) has said.

×