First Independent Mena Newspaper
Australia-listed oil and gas firm Invictus Energy has recently confirmed its discovery of light oil, gas condensate and helium in a remote northeastern region of Zimbabwe, which is hailed as a culmination of months of exploration. Analysis of samples from its remote sites near the border with Mozambique “definitively proves the presence of hydrocarbons in […]
Australia-listed oil and gas firm Invictus Energy on Monday (8 May) confirmed its discovery of light oil, gas condensate and helium in a remote northeastern region of Zimbabwe, which is hailed as a culmination of months of exploration. Analysis of samples from its remote sites near the border with Mozambique definitively proves the presence of […]
Nearly 13 million children in Africa missed one or more vaccinations and 8.7 million didn’t receive a single dose of any vaccine between 2019 and 2021, after Covid-19 caused service disruption, strained health systems, diverted scarce resources, while conflicts, climate change have driven this decline on the continent, a new report from United Nations Children’s […]
General elections that are due to be held later this year will be free and fair, Zimbabwean President Emmerson Mnangagwa vowed during an independence day speech on Tuesday (18 April), but he also issued a warning to “rogue” civic society organizations not to sow “seeds of division and disharmony” in the society. The 80-year-old leader, […]
Africa’s travel market is open again and experiencing a boom, despite the serious damage the industry sustained due to the Covid-19 pandemic — this is a sentiment expressed by an estimated 600 exhibitors at the World Travel Market (WTM) Africa, the continent’s biggest and most important travel and tourism event that has officially opened its […]
Home to the second most crypto-currency holders in the world, Africa is in urgent need for greater consumer protection and regulation of the crypto industry, experts say, which has been highlighted by the collapse of the world’s third largest crypto exchange FTX and subsequent plunge in the prices of major crypto assets, most notably Bitcoin. […]
In their post-Covid recovery plans, East African countries are promoting niche products, such as cruise, adventure, culture and sports tourism, in emerging tourist markets such as China, in a strategy expected to spur growth in the sector. To reduce over-reliance on traditional source markets in Europe and the United States, East African countries are shifting […]
China Natural Resources (CNR) has acquired Zimbabwe’s Williams Minerals lithium mine from Feishang Group and Top Pacific for $1.75 billion, the aim being to strengthen the Chinese company’s position in the lithium market and increase its capacity to supply the critical resource to its customers. This strategic move by CNR was motivated by the rising […]
Zimbabwe plans to create an offshore financial center in the resort city of Victoria Falls that the government hopes will emulate the success of Dubai and the Isle of Man in attracting foreign investment. “The trigger is the success of the VFEX,” Zimbabwean Finance Minister Mthuli Ncube said, referring to the US dollar-denominated Victoria Falls […]
A son of Zimbabwe’s former President, Robert Mugabe, has been arrested for allegedly damaging property during a social gathering, Africa News reports citing the Zimbabwean police. Robert Mugabe junior, aged 31, has arrested by police for destroying cars and other property over the weekend, following a complaint from his friend, Sindiso Nkatazo, also 31. Mugabe […]