Martin Kadzere
Business Reporter
ZIMBABWE’S gold export earnings for 10 months to October 2025 soared 88,9 percent to US$3,76 billion from the US$1,99 billion earned in the same period last year, latest statistics from the Reserve Bank of Zimbabwe show.
The performance is primarily attributed to the country benefiting from record international gold prices, which have provided a significant boost to the country’s foreign currency income.
Gold is the country’s largest foreign currency earner and production is dominated by artisanal and small-scale miners, who now contribute more than 75 percent of the total output.
Zimbabwe realised its highest monthly export from gold in October, which grossed US$551,6 million, representing 14,67 percent of the total earnings for the year.
Zimbabwe’s
The country’s official gold production for 2025 is projected to reach or exceed a target of 40 tonnes, from 38,4 tonnes last year, driven by record-high global gold prices and increased output from small-scale miners.
Some expert analyses and industry figures suggest the total output, including estimated leakages, could be significantly higher, potentially reaching over 67 tonnes.



