Zimbabwe has developed six strategies to improve the livelihoods of people living in rural areas and who depend 100 percent on agriculture, a cabinet Minister has said. Lands, Agriculture, Water and …

The Zimbabwean government in 1997 decided to provide once-off payments of 16 Z$50 000 dollar (then worth $1 315) and long-term pensions to 60,000 veterans of the

By Ronald Joma, Oct 07, 2023. Harare - In the global diamond mining landscape, Zimbabwe claimed a notable position, ranking 7th in both rough diamond production …

Data on various payments made to government by major mining companies operating in Zimbabwe which are either registered or listed in EU, UK and Canada is already in the public domain. Such companies include Caledonia's Blanket Mine which promotes tax revenue transparency because of Canada's Extractive Sector Transparency Measures …

Mining is currently the backbone of the Zimbabwean economy. The mining sector in Zimbabwe is currently performing under par due to the persistent macro-economic challenges bedeviling the southern African country. Indeed, collective bargaining is a topical and hot issue in Zimbabwe since the early days of inflation to date. The Zimbabwean …

Artisanal and small-scale gold mining (ASGM) in Zimbabwe can significantly contribute to the economy and improve livelihoods but an enabling regulatory environment is lacking to achieve this vision.

(2) a sharp depreciation of the Zimbabwe dollar in 1998, which was due to low prices of Zimbabwe's major minerals on the international market and low international prices of tobacco reducing ...

Zimbabwe's economic development continues to be hampered by several challenges. Real GDP is estimated to have grown by 5.5% in 2023, after a 6.5% growth in 2022, due to an expansion in agriculture, mining, and remittances-induced services growth. Nevertheless, macroeconomic volatility fueled by monetary instability and substantial …

Zimbabwe's mining sector has a significant role in the development of the country as it brings foreign currency, contributes to government revenue and provides for infrastructure development. Since 2009, the mining sector has become the fastest growing with both small-scale mining companies, artisanal miners and multinational companies …

To show its commitment towards ensuring the growth of the sector through the various policies implemented by the government Zimbabwe has set an ambitious goal of transforming its mining sector ...

that Zimbabwe's mining sector has many workers' rights issues, including freedom of association, the right to collective barg aining, occupational safety and health. In Zimbabwe, workers' freedom ...

In conclusion, the improvement of Zimbabwe's health sector is a multifaceted approach that involves various strategies and collaborations. The government's efforts towards building a resilient and efficient health system that caters to the needs of all Zimbabweans is underway. These efforts will improve the health sector …

Gold deliveries for the first ten months of 2021 totalled 22 tonnes, up from 16 tonnes in the same period last year, according to numbers released this week by Fidelity Printers and Refiners (FPR). Gold exports, Zimbabwe's most valuable resource, dropped from US$1.60 billion in 2019 to US$980 million in 2020. The RBZ blamed Covid-19 …

Growth for the sector has leapt from 5.9% in 2021 to an estimated 10% in 2022. The productive capacity utilised on pre-existing infrastructure in the mining sector in 2022 remained relatively flat y/y at 81%, as per the Chamber of Mines. Local gold production increased 19% to 35.2tn in 2022, from the 29.6tn recorded in 2021 signaling …

Here are ten things the Mnangagwa administration has done right in Zimbabwe mining and outstanding issues that need urgent reforms: 1) Mining Law …

Chitando has a remarkable record in his country's mining industry spanning well over 3 decades. Previous to his appointment as Zimbabwe's Minister of Mines and Mining Development, he has held several different positions in major companies such as Hwange Colliery, Anglo-American, and Zimasco, later serving as chairman of the board …

In Zimbabwe's case, the sector is an integral element of the government's plans to revive the economy, which has been battered by hyperinflation, sanctions, and the COVID-19 pandemic. Several Chinese companies that made multimillion-dollar acquisitions in Zimbabwe are engaged in building up lithium processing plants, following the ban on ...

These regulations cover various aspects, including licensing requirements, environmental impact assessments, mine closure plans, and adherence to responsible mining practices. While the Zimbabwean government has taken steps to support the diamond industry, there are areas where improvements can be made chiefly …

It is noteworthy that in 2017, the sector contributed about 10% to GDP and 60% of exports which is a very significant contribution to GDP (Government of Zimbabwe 2017). This study, thus, aims atexamining the effect of foreign direct investment inflows in the Zimbabwean mining sector on country's economic performance over the period …

Abstract. This paper explores the changing dynamics of Zimbabwe's gold mining sector. The paper starts by providing a brief historical overview of gold mining in Zimbabwe before exploring the dramatic increase in Artisanal and Small-scale Gold Mining (ASGM) within the context of Zimbabwe's Fast Track Land Reform Program …

The dramatic increase in ASGM-produced gold can be attributed to the global forces underpinning the gold production system, such as the scarcity (of gold) and the …

Chitando said the government had been lax in enforcing the "use it or lose it" policy but that would change as authorities pin their hopes on the sector to drive the recovery of an economy ...

However, mineral resource rich nations in Africa-and Zimbabwe in particular-are increasingly recognising that beyond fiscal benefits to governments from mining companies, the mining industry can positively contribute to broader social and economic development, especially for women and men through promoting their participation in the …

Lithium mining in Zimbabwe. According to the World Economic Forum, 540 000 metric tonnes of lithium were mined globally in 2021. This is expected to increase to 1.5m metric tonnes and 3m metric ...

By bringing previously unregulated small-scale miners into the formal fold and introducing incentives for established producers, Zimbabwe has boosted its gold …

The government policy framework provides the roadmap that can be used to implement the enacted policies to support the performance of SMEs. The Zimbabwean government came up with sound policies that were deliberately crafted to improve the performance of SMEs, but the main challenge was on the communication, …

Zimbabwe, like many African countries, faces an ongoing struggle to secure fair compensation for its mineral wealth. The question of how to maximise government revenues from the mining sector is a ...

The coefficient of 0.058 indicates that a 1% increase in mining FDI increases growth by 0.058% in the short run. The results are in line with the study by Gochero and Boopen (2020) who posited ...

Zimbabwe Mining StakeholderSector is concerned. 1.1. Research Objectives (1) To establish factors that hinders the mining companies from embarking on environmental accounting. (2) To identify if making environmental accounting work can be a strategic sustainable resource management tool in the mining sector in Zimbabwe.

In November, mining minister Winston Chitando announced that the government will force companies to develop these assets as part of a 'use it or lose it' policy, its latest attempt to remove inefficiencies from and stimulate growth in the mining sector. The policy builds on similar initiatives deployed in the gold mining sector, and …