Search results for 'Gas'
World
Flying Invictus: Volatility surges as Invictus search for Zim gas

There are likely to be further swings in the share price until the drilling and sampling process is completed. The counter’s future prospects clearly lie in the outcome of the exploration across a num

Nov 15, 2022
Zimbabwe
Invictus energy up 245% on gas shows at frontier well

Over the last week, Invictus has released a throve of updates concerning the Mukuyu-1 well that is currently being drilled in its 80% owned SG 4571 licence in Zimbabwe’s Cabora Bassa Basin, with early

Nov 15, 2022
Botswana
Tlou Advances Gas-to-Power Project, Cementing Position as Key Power Player in Southern Africa

Tlou, an energy solutions company operating in Sub-Saharan Africa, showcased remarkable progress in its gas-to-power project during its fourteenth Annual General Meeting (AGM). The company's concerted

Nov 01, 2023
Companies
Invictus’ Mukuyu 2 Oil Discoveries: New Findings or Recycled Claims?

Invictus Energy Limited made an announcement on November 20, 2023, revealing the presence of hydrocarbon reservoirs, including natural gas and oil, at their secondary drilling site, Mukuyu 2. However,

Nov 29, 2023
Zimbabwe
Zimbabwe's Power Crisis Deepens: Hwange Units 7, 8 Go Offline

Zimbabwe's electricity prospects have taken a hit as Hwange Units 7 and 8 undergo Class C maintenance, a statutory requirement that will take 600 megawatts off the national grid. This is a substantia

Sep 17, 2024
World
Climate Round-Up: Trump's Climate Betrayal

The withdrawal of the United States from the Paris Climate Agreement has sent shockwaves throughout the global community, exacerbating concerns about climate change mitigation. This move, orchestrated

Jan 24, 2025
Zimbabwe
Government Sets New Prices for LPG Gas

The Ministry of Finance, Economic Development, and Investment Promotion has reiterated its call for Liquefied Petroleum Gas (LPG) operators to lower prices following the removal of Value Added Tax (VA

Jan 31, 2025
Companies
Invictus Energy Gets EMA Approval for Cabora Bassa Project

Invictus Energy Limited, an Australian Securities Exchange (ASX) and  Victoria Falls Stock Exchange (VFEX) listed company, has secured approval from the Zimbabwe Environmental Management Agency (EMA)

Apr 30, 2025

Top Stories

Trump’s Tariffs Take Effect Today: Zimbabwe’s Export Levy Slashed from 18%

President Donald Trump’s new tariff regime kicks off today, on the first of August 2025, with Zimbabwe facing a 15% ad valorem tariff on its exports to the United States, moderated from an initial pro

1 day ago

Ariston Holdings Posts Early Recovery Signs in HY2025

Ariston Holdings Limited, a diversified agricultural company, has reduced its net loss from US$2.1 million  to US$1.44 million a 32% decline in losses according to the financial statement for the six

Jul 31, 2025

Nickel, Coal Dominate Zimbabwe’s SADC, AfCFTA Exports Amid Trade Imbalance

Zimbabwe’s trade deficit widened to USD 158.5 million in June 2025, a 2.9% increase from May’s USD 154.0 million, despite record gold exports and influence of regional trade policies under frameworks

Jul 31, 2025

Zimbabwe's Inflation Soars in ZiG, USD Terms: Widens Gap with SADC Peers

Zimbabwe’s inflation in July surged in both ZiG terms and US dollar terms driven by a unique blend of domestic policy shifts and external pressures. According to the latest trade data from Zimstat, a

Jul 30, 2025

Record Winter Lager Sales Fuel Delta’s Q1 Revenue Surge

Delta Corporation, Zimbabwe’s largest beverage manufacturer has recorded a 25% year on year increase in revenue for the first quarter ended 30 June 2025 according to its latest update. The growth was

Jul 30, 2025

Afdis Toasts Record Q1 Growth: Anti-Smuggling Blitz Fuels Turnover Surge

Afdis, Zimbabwe’s leading spirits and wine producer, has commended the government’s anti-smuggling initiatives, which have significantly boosted the company’s performance in the first quarter ending J

Jul 30, 2025

Illicit Capital Floods Zimbabwe’s REITs: Tigere Maintains Full Occupancy Amid Concerns

A concerning surge in illicit capital inflows and fuel arbitrage, is increasingly being channelled into Zimbabwe’s urban commercial property market, including the real estate investment trust (REIT) s

Jul 29, 2025

Controlled Exchange Rates, ZiG Devaluation Sink Meikles into FY2025 Financial Loss

Meikles Limited, Zimbabwe’s second-largest retailer by store count, reported a significant financial setback in FY2025, plunging into a loss of ZWG 264 million from continuing operations, a contrast t

Jul 29, 2025