Harare – Auditors have raised serious concerns over the financial viability of Invictus Energy, casting uncertainty over Zimbabwe’s flagship oil and gas ambitions in the Cabora Bassa Basin.

Bulawayo – Minister of Local Government and Public Works Daniel Garwe has convened a high-level consultative meeting to address the growing impact of illegal and destructive mining activities in the uMzingwane catchment. The meeting brought together key stakeholders, including Levi Mayihlome, Deputy Minister of Defence and Member of Parliament, officials from the City of Bulawayo, the Ministry of Mines and Mining Development, the Environmental Management Agency, the Zimbabwe

MUTAWATAWA – Police have arrested two teenagers in connection with a violent robbery at a quarry mine in Svisviro Village, Maramba, in a case that has raised concern over rising rural crime. In a statement, the Zimbabwe Republic Police (ZRP) confirmed that the suspects, both aged 17, were apprehended on 9 April 2026, the same day the robbery occurred.

HARARE – The Reserve Bank of Zimbabwe (RBZ) has suspended its controversial 10% local currency retention requirement for small-scale gold miners, reverting to 100% US dollar payments following strong resistance from the sector. The policy reversal comes less than a month after the central bank introduced a 90:10 payment framework on February 27, requiring artisanal miners to receive a portion of their gold proceeds in Zimbabwe Gold (ZiG).

HARARE, ZIMBABWE – Zimbabwe is accelerating development of the Muzarabani oil and gas project as part of efforts to reduce reliance on imported fuel, stabilise local supply, and shield the economy from volatile global energy prices driven by Middle East tensions. The project, located in the Cabora Bassa Basin, is now the country’s most advanced hydrocarbon exploration initiative, according to government officials.