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NEWS & CURRENT AFFAIRS

Topic : National Oil Infrastructure Company Of Zimbabwe

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 suffers blow in US$160K arbitration award

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

State oil firm defaults on £10m loan

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