Invictus Energy to get National Project Status for oil/gas initiative

GOVERNMENT has sent an updated draft of the Petroleum Production Sharing Agreement (PPSA) and consent to National Project Status for Invictus’ oil and gas project north of Zimbabwe, marking another key milestone in advancing the project.

Invictus, Govt make progress on oil/gas sharing agreement

INVICTUS Energy says it has received from the Government an updated draft of the Petroleum Production Sharing Agreement (PPSA) and consent to National Project Status for its oil and gas project, north of Zimbabwe, marking another key milestone in advancing the project.

OK Zim to use 50pc of rights issue proceeds to clear debts

OK Zimbabwe plans to allocate just over 50 percent of funds raised from a rights issue and property disposals to settle current creditors, thereby reducing the cost of debt and re-establishing a normal trading cycle.

Premier African Minerals appoints veteran miner Graham Hill as MD to steer Zulu Lithium project

  Nqobile Bhebhe, Zimpapers Business Writer PREMIER African Minerals Limited has appointed seasoned mining expert Mr Graham Hill as the company’s Managing Director, effective 16 July, in a move expected…

Leather industry appeals for Government support

Sikhulekelani Moyo, Zimpapers Business Hub THE Zimbabwe Leather Development Council (ZLDC) has appealed to Government to put in place measures to boost the leather sector value chain, including mandating the…

‘Private sector must lead economic transformation’

THE private sector must play a leading role in economic transformation, Vice President Dr Constantino Chiwenga said here yesterday.

Government says to root out side marketing in cotton industry

Nqobile Bhebhe, Zimpapers Business Hub Lands, Agriculture, Fisheries, Water and Rural Development Minister, Dr Anxious Masuka, said Government is committed to rooting out the scourge of cotton side marketing, describing…

Zireva to assume OK executive chairmanship

OK Zimbabwe’s interim chief executive, Mr Willard Zireva, will become chairman of the supermarket chain to ensure stability of the retail giant when the incumbent Mr Herbert Nkala steps down next month.

Ariston to modernise macadamia, tea processing plants

  Luthando Mapepa Correspondent ARISTON Holdings is making significant investments to enhance the processing of macadamia nuts and tea at its estates in Chipinge. The company is modernising its facilities…

Zimbabwe showcases cultural excellence at 3rd Art Hong Kong Expo

  Lloyd Makonya Correspondent ZIMBABWE’S cultural diplomacy took centre stage at the 3rd Art Hong Kong Expo, where the country delivered a compelling exhibition highlighting its artistic heritage, vibrant traditions,…

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