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Zimbabwe Bans Foreign Companies From Small-Scale Gold Mining to Protect Local Operators: Minister

Zimbabwe Bans Foreign Companies From Small-Scale Gold Mining to Protect Local Operators: Minister

Sputnik Africa

Zimbabwe Bans Foreign Companies From Small-Scale Gold Mining to Protect Local Operators: MinisterThis sector is now reserved primarily for Zimbabwean citizens... 22.05.2026, Sputnik Africa

2026-05-22T18:19+0200

2026-05-22T18:19+0200

2026-05-22T18:24+0200

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Zimbabwe Bans Foreign Companies From Small-Scale Gold Mining to Protect Local Operators: MinisterThis sector is now reserved primarily for Zimbabwean citizens and Zimbabwean citizen wholly owned entities, Polite Kambamura, Minister of Mines and Mining Development, said."All foreign investors and foreign-controlled entities currently participating in the small-scale gold mining sector are required to regularize their operations by transitioning to mining operations above the prescribed small-scale thresholds [by January 2027]," he noted. The measure aims to promote the growth of local mining enterprises and improve the transparency in the sector, the minister emphasized.Subscribe to @sputnik_africa Sputnik Africa | X

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