Companies

Australia-based Invictus Energy raises additional A$8m for Zim gas project

Australia-based Invictus Energy raises additional A$8m for Zim gas project

By naturalgasworld.com Australia’s Invictus Energy has raised A$8mn ($5.7mn) to support the development of the Cabora Bassa project in Zimbabwe, it said on January 25. A total of A$8m was raised comprising of A$4mn via a placement and A$4mn via a share purchase plan (SPP). “Due to overwhelming demand and ...

Markets

Zim’s Beef Herd Recovers From Recent Droughts

Zim’s Beef Herd Recovers From Recent Droughts

By Alois Vinga ZIMBABWE’s beef herd has registered significant increases from the drought effects experienced in recent years due to availability of stock feed and grazing pastures. Latest statistics from the Reserve Bank of Zimbabwe (RBZ) reveal the performance of the cattle industry, measured from formal sector slaughters, had improved ...

Economy

CSOs Pressure Gvt To Introduce Tax For The Rich

CSOs Pressure Gvt To Introduce Tax For The Rich

By Alois Vinga A Civil Society Organisations (CSOs) grouping has demanded the urgent introduction of wealth tax to facilitate the trickledown effect of financial resources to the country’s “have nots” in a bid to reduce the alarming poverty levels. Speaking to NewZimbabwe.com, the Zimbabwe Fight Inequality Alliance, a broad based ...