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.

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.