Tongai Muzenda
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Business Briefs
Zimbabwe mineral exports exceed target
ATTRACTIVE international prices for major minerals except gold, coupled with stability in the mining sector despite the COVID-19-related lockdowns has seen Zimbabwe’s mineral exports exceed the projected numbers for the 11 months of 2020 by 29,4%, according to latest figures. The Minerals Marketing Corporation of Zimbabwe (MMCZ) revealed that cumulative mineral exports, excluding gold which falls under the Reserve Bank…
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Top Stories
Zimbabwe loses millions to well-connnected gemstones cartels
INTERNATIONAL buyers and local players have established a cartel which is conniving to bleed the government of millions of dollars amid revelations there is rampant theft and illegal export of the country’s semi-precious metals, the Minerals Marketing Corporation of Zimbabwe (MMCZ) has said. The smuggling has jolted the government into action and there are now plans to regulate the sector…
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