Zimbabwe’s Gold Production Breaks Records with Government-Driven Growth

Zimbabwe’s gold production has shown remarkable growth since 2021, consistently surpassing the 30-tonne milestone.

This upward trajectory culminated in a new record in 2024, following an impressive output of 35.3 tonnes in 2022, which laid the foundation for the historic achievement.

This success is attributed to deliberate measures introduced by the Government to bolster gold production, with a particular focus on empowering the small-scale mining sector. Recognizing the critical role small-scale miners play in the industry, authorities have implemented policies to enhance their operations and access to markets.

One of the key initiatives has been the expansion of gold-buying centers across the country. Over the last five years, the number of these centers has increased from 12 to 17, significantly contributing to national production targets by streamlining gold trading and reducing losses to smuggling.

The steady rise in production underscores the effectiveness of these interventions and demonstrates Zimbabwe’s potential to further expand its mining sector. By continuing to invest in infrastructure, provide technical support, and promote sustainable mining practices, the nation is poised to maintain its position as a leading gold producer in the region.

As Zimbabwe continues to harness its gold resources, the record-breaking figures reflect the Government’s commitment to strengthening the mining sector as a pillar of economic growth and development.

Business

Nampak Zimbabwe Leverages Volume Recovery and Stable Currency to Grow Revenue, Margins Remain Under Pressure

HARARE — Nampak Zimbabwe Limited delivered improved sales volumes and revenue growth for the nine months ended 30 June 2026, underpinned by a stable operating environment and stronger demand in the plastics and paper segments, even as power outages, input cost inflation and competitive pricing continued to weigh on profitability. The operating environment remained relatively […]

Read More
Business

Hippo Valley Offsets Slow Start With Strong Domestic Sales and Solid Water Reserves

HARARE — Hippo Valley Estates Limited delivered a resilient first quarter ended 30 June 2026, underpinned by improved macroeconomic stability, robust water reserves and strong demand in the local market, even as global cost pressures and a late start to crushing weighed on first-quarter production. The quarter was characterised by improved macroeconomic stability. Inflation remained […]

Read More
Business

Seed Co International Profitability jumps to 88% as Turnover Grows 30% in FY26

HARARE — Seed Co International Limited has delivered a strong turnaround in the year ended 31 March 2026, lifting turnover by close to a third and more than doubling profit after tax despite climate volatility, currency pressure and geopolitical disruption across its African markets. The company posted revenue of $161.3 million, up 30% from $124.3 […]

Read More