Online Reporter
Martin Kadzere
Zimbabwe’s gold exports have registered a strong performance, surging to $1,385 billion in the first seven months of 2025, a significant 60,5 percent increase from the $863,1 million earned during the same period in 2024, latest figures from the Reserve Bank of Zimbabwe (RBZ) show.
The growth means that Zimbabwe has already generated over 91 percent of the $1,52 billion total from gold exports for the entire previous year.
A month-by-month analysis of the data reveals a sharp acceleration in earnings.
While January to April showed consistent gains, the performance in the mid-year months was particularly higher.
After a slight dip in May, exports skyrocketed to $300,1 million in June and reached $310,8 million in July, marking a phenomenal leap from the $105,7 million and $158,2 million recorded in the same months last year, respectively.
Analysts attribute the robust performance to a combination of factors, including increased output from both large-scale mining operations and the growing contribution of artisanal and small-scale miners.
Favourable international gold prices and government initiatives aimed at formalising gold trade are also cited as key drivers behind the sector’s impressive growth.
With five months still remaining in the year, the country is well on course to surpass its 2024 full-year total and solidify gold’s position as the country’s largest foreign currency earner.
