NOIC suffers blow in US$160K arbitration award
The court ordered NOIC to pay US$164 631 after it had initially refused to honour the arbitration award.
By Desmond Chingarande
May. 28, 2024
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