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Wealthy in pure assets together with gold, platinum, chrome, diamonds, and lithium, the mining sector generates over 60 per cent of export earnings and underpins the broader economy. Newest news on Zimbabwe, masking politics, financial system, gold and lithium mining, ZiG forex, ZANU-PF, Mnangagwa, elections, human rights, Harare, and Bulawayo. PRESIDENT Mnangagwa continues to walk the speak in his drive to modernise public health establishments, with Government distributing sixty three AutoQuant laboratory machines to district hospitals across the country to enhance entry to healthcare in rural… PRESIDENT Mnangagwa has declared that Zimbabwe has secured its place within the world value chain by transitioning from a mere supplier of raw supplies to a aggressive producer of processed goods—marked by the country’s inaugural export of lithium… THE Second Republic’s strategic initiatives to establish a gold-backed foundation for the financial system are producing substantial outcomes, President Mnangagwa has stated.
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The gold-backed Zimbabwe Gold (ZiG), introduced in April 2024, is the nation’s sixth forex experiment since 2008. Zimbabwe holds Africa’s largest lithium reserves, making it a key participant in the international vitality transition, while gold production alone accounts for roughly half of all export revenue. KEY HIGHLIGHTS Zimbabwe open for enterprise President Mnangagwa invited global investors to associate with Zimbabwe by way of truthful and clear funding. The country, he mentioned, continues to register progress with regard to…