Govt squeezes miners for more forex
Zimbabwe’s mining industry badly needs significant capital injection, with the gold sector alone needing US$1 billion in capex, according to the Chamber of Mines of Zimbabwe (CoMZ).
By Staff Writer
Jun. 13, 2025
PGM producers face unsustainable tax burden as effective rate soars to 77%
For years, the platinum sector has been one of Zimbabwe’s top foreign currency earners, consistently contributing over 40% of total mining exports, second only to gold.
By Ashton Ndakusiya
May. 23, 2025
Zim mining push faces headwinds as energy, prices, policy lag
The government projections, as outlined in the 2025 National Budget Statement, place the sector’s growth at a targeted 6%.
By Freeman Makopa
Apr. 26, 2025
Mining sector eyes recovery amid crisis
The government has aggressively pursued the last remaining formal companies, including mines, with higher taxes and broadened the base from which they are collected.
By Freeman Makopa
Feb. 28, 2025
Mining sector to rake in US$6bn in 2025
This shortfall has resulted in power outages, severely impacting businesses and the mining sector, with companies reportedly losing up to US$500 million in potential revenue.
By Blessed Ndlovu
Jan. 7, 2025
Kuvimba hosts Chamber of Mines Golf Tournament
Participants will engage in discourse on critical issues and lobby for the industry's good.
By Mthandazo Nyoni
Sep. 18, 2024
Crisis as metal prices tumble
Against a backdrop of soaring overheads, executives predicted tougher times ahead, warning this will trigger viability challenges in the sector.
By Freeman Makopa
Aug. 25, 2023
Gold production down 11%
Zimbabwe experienced a severe power crisis in the first four months of 2023, resulting in mining houses incurring heavy losses.
By Freeman Makopa
Jul. 23, 2023
Mining sector energy demand to surge 344%
Zimbabwe’s miners often suffer power outages due to frequent breakdowns at the country’s old generation plants.
By Mthandazo Nyoni
Jun. 2, 2023
