Search results for 'oil and 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
World
Sheikh’s Zimbabwe spoil: Will the Gas Investment Payoff or Falter?

After triggering a trading halt on the Australia Stock Exchange 4 days ago, Invictus Energy went on to announce a major development with a potentially consequential impact on the company’s future pros

Aug 27, 2025
Companies
Invictus Energy Secures Key Licence Renewals to Advance Zimbabwe Gas Ambitions

Invictus Energy has secured a three-year extension of its exploration licences in Zimbabwe’s Cabora Bassa Basin, paving the way for drilling a high-impact well that could unlock more than a trillion c

Sep 16, 2025

Top Stories

Zimbabwe's Trade Balance Plunges into Red After Maize Ban Lift, Gold Export Slump

Zimbabwe’s trade balance slipped back into deficit in September 2025, recording a shortfall of US$30.8 million after a modest surplus of US$6.9 million in August, a 548.8% swing from black to red. T

7 hours ago

Zimbabwe Starts the Exports of Silver

Zimbabwe has started the export of silver for the first time in 2025, after only registering three episodes of such in 2024.   The country’s first time to export silver was in February 2024 worth US$

9 hours ago

Zimbabwe Records 46% Surge in Irrigated Land to 221k Hectares

Zimbabwe has recorded a 46% increase in irrigated land from 151,000 hectares in 2019 to 221,000 hectares in 2025 in a landmark stride toward climate resilience and national food security according to

14 hours ago

Zimbabwe’s 2025 SONA Vision: From Rhetoric to Reality in a Resilient Economy

On October 28, 2025, President Emmerson Mnangagwa delivered his State of the Nation Address (SONA) to a joint sitting of Parliament in Mt Hampden, Zimbabwe, projecting cautious optimism amid a complex

Oct 29, 2025

ZiG Sustains Momentum: Gold Rally, IMF Optimism Fuel Resilience

The Zimbabwe Gold (ZiG) currency is exhibiting a modest resilience this week in the formal market, appreciating by 0.04% against the US dollar last week. This slight gain aligns with broader stabilisa

Oct 29, 2025

U.S-China Deal Shakes Gold: Golden Correction or New Dawn?

Gold’s 2025 journey has been a rollercoaster, soaring to unprecedented heights before a dramatic plunge that has left investors questioning its next move. As of October 28, 2025, spot gold prices edge

Oct 29, 2025

Government Approves Private Players in Electricity Retail and Distribution

The Zimbabwe Energy Regulatory Authority (ZERA) and the Zimbabwe Electricity Transmission and Distribution Company (ZETDC) are working on modalities to allow private companies to sell and distribute e

Oct 28, 2025

The IMF’s Rosy Projections for Zimbabwe: A Facade of Stability?

he International Monetary Fund’s (IMF) latest economic projections for Zimbabwe, as outlined in its October 2025 Regional Economic Outlook for Sub-Saharan Africa, paint an ostensibly bright picture fo

Oct 28, 2025