Maguwu
made
the
remarks
following
an
announcement
on
Thursday
morning
by
Mines
and
Mining
Development
Minister
Zhemu
Soda
that
Geo
Associates
and
its
partners
Invictus
Energy
and
One
Gas
Resources
have
successfully
declared
a
gas
discovery
in
Zimbabwe.
Invictus
Energy
also
announced
on
the
Australia
Stock
Exchange
that
four
samples
from
the
Upper
Angwa
section
of
its
Mukuyu-2
exploration
well
confirm
the
presence
of
gas
at
the
site.
Posting
on
X,
Maguwu
said
Zimbabwe
has
exploited
diamonds,
chrome,
gold,
platinum
and
lithium
for
years
but
has
nothing
to
show
for
it. He
wrote:
Before
we
hype
about
gas,
let
us
ask
questions:
What
did
we
do
wrong
with
diamonds,
chrome,
gold,
platinum
and
now
lithium?
Why
did
these
fail
to
transform
our
economy?What
shall
we
do
differently
this
time?
Otherwise,
it
is
repeating
the
same
things
and
expecting
different
outcomes.Dubai,
a
favourite
holiday
destination
for
our
leaders,
discovered
Oil
in
1966.
In
1969
it
began
exporting
oil.Instantly,
its
ruler
Sheikh
Rashid
bin
Saeed
Al
Maktoum,
decreed
that
Oil
profits
would
be
used
to
transform
the
lives
of
his
people.
Today,
the
Emiratis
are
a
prosperous
people.In
2023,
they
say
Oil
production
now
constitutes
a
tiny
%
of
their
economy.
They
have
diversified
to
wholesale
&
retail
trade,
transport
and
logistics,
banking
and
capital
markets,
manufacturing,
real
estate,
tourism,
construction
etc.
It
all
starts
with
leadership.If
a
desert-like
Dubai,
with
only
oil,
can
transform
itself
so
rapidly,
think
of
a
country
like
Zimbabwe
with
the
best
climate
in
Africa,
the
best
arable
land
in
SADC,
many
minerals
found
in
large
quantities,
vast
tourism
potential
where
all
big
5
are
found
in
their
natural
habitat.The
possibilities
in
our
country
are
limitless.
But
it
starts
with
a
vision
and
political
will.
Scott
Macmillian,
Invictus’
Managing
Director,
on
Thursday,
said
that
“the
discovery
represents
one
of
the
most
significant
developments
in
the
onshore
Southern
Africa
oil
and
gas
industry
for
decades”.
Soda
said
that
the
“discovery
will
have
a
positive
impact
on
the
economic
and
social
development
of
Zimbabwe”.