‘Resource Curse’ Hangs Over Muzarabani Oil Hunt
December 9, 2020
INVICTUS Energy, the Australia firm currently exploring for oil and gas in the Muzarabani area, is almost certain to face demands from residents and the local leadership to prioritise employment of locals and investment in community initiatives like road, bridge and dam construction if it makes a commercial discovery.
There already are growing calls for transformative investment, by the local communities surviving out of not so productive farming in the almost semi-arid region. This comes as the Australia Stock Exchange listed oil and gas exploration firm prepares to start drilling two test wells in October next year.
‘Resource curse’ hangs over Muzarabani oil hunt
Golden Sibanda
INVICTUS Energy, the Australia firm currently exploring for oil and gas in the Muzarabani area, is almost certain to face demands from residents and the local leadership to prioritise employment of locals and investment in community initiatives like road, bridge and dam construction if it makes a commercial discovery.
There already are growing calls for transformative investment, by the local communities surviving out of not so productive farming in the almost semi-arid region. This comes as the Australia Stock Exchange listed oil and gas exploration firm prepares to start drilling two test wells in October next year.