The mining sector already accounts for 60% of Zimbabwean exports, raking in around US$$1 billion a year, and represents half of the country’s foreign direct investment.
Browsing: Gold
Zimbabwean Police have arrested at least four people in connection with a high profile gold smuggling case involving a relative of President Emmerson Mnangagwa. The case…
According to a statement from Sudanese Prime Minister, Abdalla Hamdok, Africa’s third biggest gold producer, Sudan, is setting up a bourse for the precious metal and…
By the first half of 2019/2020, covering more than six months of imports, Tanzania accumulated $5.5 billion worth of gold and dollar reserves The country’s benchmark…
Countries in the East Africa region are discussing the adoption of stringent traceability mechanisms for the gold industry to stamp out rampant smuggling across East and…
Tanzania and Canadian mining giant, Barrick Gold Corp have signed an agreement to kick-start a new joint venture company overseeing Barrick’s future gold mining operations in…
Sudan will now allow private traders to export gold, in an effort to curb smuggling and attract foreign currency into the country’s cash-strapped treasury. Prior to…