November 25, 2024
Government targets US$5 billion in mining exports
RESERVE Bank of Zimbabwe governor John Mangudya says mining export receipts reached US$4,5 billion in the first 10 months of the year, adding that he expects the figure to breach the US$5 billion mark before year end.
“We expect that figure to get to around $5 billion to $5,3 billion this year,” Mangudya said during the launch of the State of the Mining Industry report in Harare yesterday.
The country is targeting a US$12 billion mining industry by 2023, with gold alone expected to contribute US$4 billion.