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.

Sponsor Logo

Rainbow Hotels — Experience Luxury Across Zimbabwe

Rainbow Hotels continues to redefine hospitality standards in Zimbabwe, offering world-class accommodation, fine dining, and modern conference facilities in Harare, Bulawayo, and Victoria Falls.

Whether for business or leisure, Rainbow Hotels delivers unmatched comfort, exceptional service, and a truly premium guest experience tailored to modern travellers.

Book Now
Sponsored Content

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

National Foods Loses Tax Case, Highlights Importance of Compliance

National Foods Ltd has lost a tax case against the Zimbabwe Revenue Authority (ZIMRA) over input tax deductions, emphasizing the need for corporates to comply with tax laws. The Fiscal Appeals Court ruled that National Foods’ invoices and credit notes did not meet the Value Added Tax Act’s (VAT) requirements, making them ineligible for deductions. […]

Read More
Business

CFI Revenue Dip Amid Informal Sector Competition

CFI’s revenue declined 5.46% to ZWG2.72 billion in the year ended September 30, 2025, largely due to increased competition from the informal sector. The Group’s retail operations contributed 83.53% to turnover, while food manufacturing and down-packing operations contributed 12.99%. Farming operations accounted for 2.82% of turnover. The company returned to profitability, recording a profit before […]

Read More
Business

TIMB Assures Farmers of Price Recovery in Tobacco Market

The Tobacco Industry and Marketing Board (TIMB) has urged growers to remain calm amid concerns over low prices at the start of the marketing season. According to TIMB, the situation has stabilized, with encouraging price improvements recorded at auction and contract floors. The regulator attributed the initial price dip to early season opening and limited […]

Read More