Record global prices drive more than double surge in Zim gold sales

Martin Kadzere

Business Reporter

ZIMBABWE’S gold revenue more than doubled year-on-year during the first four months of 2026, driven by a combination of resilient industrial capacity and strong global prices.

According to the latest data from the Reserve Bank of Zimbabwe (RBZ), revenue inflows for the first four months of 2026 jumped to US$1.2 billion, up from approximately US$579 million realized during the same period last year.

Sales revenue climbed to US$290 million in January 2026 from US$123 million in the comparative period last year.

February inflows surged to US$278.5 million from US$117 million in 2025, reflecting a 138 percent increase year-on-year.

Gold generated US$274 million in March, against US$155.3 million in the prior year’s comparable period.

About US$374 million was realised from bullion sales in April 2026, compared with US$183.3 million in the same month last year.

 

 

 

Related Posts

President declares September 15 a public holiday

Gibson Nyikadzino Zimpapers Politics Hub PRESIDENT Mnangagwa has declared September 15 a public holiday. In a proclamation through Statutory Instrument 148 of 2026, read in terms of Section 2 (2)…

Cassava Technologies partners Vodafone and Elsewedy Electric to form Africa Data Centres Egypt

Cassava Technologies, Vodafone Business and Elsewedy Electric have signed an agreement to establish Africa Data Centres Egypt, a data centre project that will include Egypt’s first sovereign AI data centre,…

Leave a Reply

Your email address will not be published. Required fields are marked *