Search results: Reserve Bank of Zimbabwe (RBZ)

The Reserve Bank of Zimbabwe (RBZ)’s introduction of a 10% ZiG payment for small-scale gold miners was positioned as a move toward financial inclusion and fairness. But if the government truly wants to promote the ZiG...

Zimbabwe’s gold exports rose by 135.6 per cent in January 2026 as sustained global bullion price strength continued to support mining revenues and foreign currency inflows, latest data from the Reserve Bank of Zimbabwe (RBZ) show. By...

Zimbabwe generated its highest foreign currency earnings since independence after raking in more than US$16 billion in 2025, with mining once again anchoring the country’s export performance, Mining Zimbabwe can report. By Ryan Chigoche The milestone reflects a...

The International Monetary Fund (IMF) has projected Zimbabwe's economy will rebound to 6 percent growth this year, but warns that the recovery, powered by record-high gold prices, is shielding the nation from its unresolved and deep-seated...

Zimbabwe’s gold sector recorded a strong performance in July 2025, with export earnings jumping past US$400 million to reach US$487 million, Mining Zimbabwe can report. By Ryan Chigoche This marks a 172% increase compared to the US$179 million...

Zimbabwe’s gold sector is enjoying a period of exceptional growth, with export earnings in the first half of 2025 soaring to US$1.84 billion—more than double the US$870 million recorded during the same period in 2024. By Ryan...

In a landmark transaction that signals a deepening shift toward cleaner, decentralised power in Zimbabwe’s extractive industries, Caledonia Mining Corporation has formally handed over its 13.9MW solar photovoltaic plant at Blanket Mine to CrossBoundary Energy under...

London Stock Exchange-listed diamond mining company Vast Resources Plc has officially regained control of its historic diamond parcel in Zimbabwe after a prolonged 15-year dispute. The long-awaited inspection of the sealed security boxes confirmed that the...

Zimbabwe's ambitious attempt to stabilize its economy using gold reserves and the Zimbabwean gold-backed currency (ZiG) is facing significant challenges, despite assurances from the Reserve Bank of Zimbabwe (RBZ) Governor, Dr John Mushayavanhu, that gold would...

The mining sector remains the backbone of Zimbabwe's economy, contributing significantly to GDP and export revenues.By Rudairo MapurangaIn 2024, the Zimbabwe mining sector solidified its position as the most crucial industry, accounting for approximately 12% of...

In order to fully support the recently devalued Zimbabwe Gold ( ZWG) currency analysts have implored the authorities to shore up the reserves as the current gold reserves of 2.5 tonnes are not sufficient to fully back the...

Zimbabwe’s mining sector is a critical contributor to the country's economy, with the government pushing to ensure the sector contributes significantly towards the achievement of Vision 2030, where Zimbabwe is expected to become an upper-middle-income economy...