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Invictus raises US$23,57m for Zim projects

AUSTRALIAN firm Invictus Energy (Invictus) has raised a combined A$35,4 million (about US$23,57 million) to fund the next phase of its Cabora Bassa exploration and appraisal programme, a company official said.

The company.

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Liquified Petroleum Gas shortage looms

A shortage of Liquified Petroleum Gas (LPG) looms in the country after the Zimbabwe Energy Regulatory Authority (ZERA) ordered wholesale players to have their own branded 48kgs gas cylinders by 31 July.

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Padenga’s revenue to grow by 30%

RESEARCHERS at Inter Horizon Securities have projected that revenue at the Victoria Falls Stock Exchange-listed crocodile breeder Padenga Holdings Limited (Padenga) will increase by 30,4% to US$166,81 million during the financial year.

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