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

Top Stories

Government’s ZiG Policies Half Baked-CZI

The Confederation of Zimbabwe Industries (CZI) has expressed concerns regarding the insufficiency of governmental initiatives aimed at stabilizing the local currency. In its recent report, "Inflation

18 hours ago

Unifreight Africa Engages in Strategic Transaction Talks

Unifreight Africa Limited is presently engaged in negotiations pertaining to a strategic transaction that has the potential to materially impact the Company's financial position and share price.  How

20 hours ago

Global Inflation Projections Diminish: IMF Revises Economic Growth Upwards, Sees Global Rates Falling in 2025

The International Monetary Fund (IMF) has revised its global economic growth forecast upward to 3.3% for 2025, driven primarily by an upward revision in the US economy, which offset downgrades in othe

23 hours ago

Formalizing the Fringes: Can National Venture Capital Company of Zimbabwe Unlock Informal Sector Growth?

The Ministry of Finance in Zimbabwe has unveiled the National Venture Capital Company of Zimbabwe (NVCCZ), an ambitious initiative aimed at catalysing economic expansion through the provision of equit

Jan 17, 2025

‘Gold-Backed’ ZiG Falters: Accumulates 48% Loss Since Launch

The Zimbabwe Gold (ZiG) currency has exhibited a contrarian performance, depreciating to 26.2614 against the US dollar on January 17, 2024, thereby reversing the gains accrued in the preceding week.

Jan 17, 2025

Old Mutual’s Top 10 ETFs Delist from ZSE

Old Mutual’s Top Ten Exchange Traded Funds (OM TT ETF) will be delisted from the Zimbabwe Stock Exchange (ZSE) effective 17 January 2025 after unit holders applied for a voluntary termination due to t

Jan 16, 2025

Mining in Age of IT: Africa’s Wake-Up Call

The mining sector has become a cornerstone of numerous African economies, particularly as the continent, despite being the poorest globally, possesses vast untapped resources. Africa contributes less

Jan 16, 2025

Econet’s Voice, Data Usage up in Q3 as Network Upgrades Pay Off

Econet Wireless Zimbabwe, the largest telecommunications company with a regional footprint, has reported a significant surge in voice and data usage during the third quarter ended 30 November 2024. T

Jan 15, 2025