THE Reserve Bank of Zimbabwe (RBZ) expects gold exports to increase this year on the back of higher global commodity prices and favourable policies domestically. (more…)
ZIMBABWE’S Treasury says the mining sector will this year register a 9,5 percent growth from an eight percent forecast earlier this year, driven by a bullish commodities market. (more…)
THE mining industry is well on course to surpass the government’s growth projections for the sector for the year, amid strong commodity prices and rising export earnings. (more…)
THE state trade development and promotion body, ZimTrade, says value added exports grew by 28 percent from US$221 million in 2020 to US$283 million in 2021 driven by, among other sectors, clothing and textile. (more…)
THE Minerals Marketing Corporation of Zimbabwe (MMCZ) is confident of reaching US$3 billion in mineral sales by year-end, on the back of firming international prices. (more…)
ZIMBABWE’s platinum production increased to 476 000 ounces in 2020, a five percent increase from 455 000 ounces in 2019, as operations continued largely undisrupted during the year. (more…)
BUSINESS is on tenterhooks amid the storm clouds gathering over the global economy, the intensifying war in Ukraine and the labour unrest that has shut down key ports in neighbouring South Africa (SA). (more…)
MINERS are confident that firm commodity prices on the global market, coupled with government support, will spur the extractive sector's performance to meet set targets this year, the Chamber of Mines of Zimbabwe (CoMZ) has said. (more…)
ZIMBABWE'S current account surplus is likely to narrow to 1,5 percent of GDP in 2022 from 4,8 percent in 2020, as demand for consumer and industrial imports strengthens, amid an uptick in economic activity, Fitch Solutions (Fitch) has said. (more…)