Noic expands, eyes gas business

The company disclosed its plans to venture into the gas business, in an invitation for expression of interest.
By Tafadzwa Mhlanga Jan. 30, 2024

Storage facilities to save US$60m

President Emmerson Mnangagwa on Tuesday commissioned a US$7,3 million ethanol storage and handling facility at Noic’s Mabvuku depot that the parastatal says will help save foreign currency.
By Tafadzwa Mhlanga Nov. 10, 2023

Govt payments shambles exposed

The ministry  said regularisation of the transaction took too long to be effected.
By Taurai Mangudhla and Harriet Chikandiwa Sep. 25, 2022

State oil firm defaults on £10m loan

Official reports showed yesterday that the firm had settled most of the principal amount but has defaulted on the final £600 000 since 2002.
By Harriet Chikandiwa Sep. 21, 2022