Zimbabwe’s presidency dismissed Mines Minister Winston Chitando on Monday after more than a year in the post and appointed Polite Kambamura to replace him.
The announcement by presidential cabinet secretary Martin Rushwaya did not give reasons for the dismissal, according to local and international media including Bloomberg. The move comes days after the government presented a proposal to introduce a 10 percent royalty on gold starting in 2026, a measure aimed at increasing government revenue amid a rising gold market.
The proposal has already drawn concern from industry players, with the Zimbabwe Miners Federation warning it could discourage investment. Kambamura, previously the deputy mines minister, now takes charge of one of the country’s most important economic sectors. Mining accounted for 80 percent of Zimbabwe’s exports and 19 percent of government revenue in 2023, according to the Chamber of Mines.
The government has set a target of raising annual mining revenue to 12 billion dollars. The goal was originally set for 2023 but has not been achieved, with revenues reaching only 5.4 billion dollars in 2024. Similar reforms to the proposed gold royalty have been announced in recent years to stimulate sector growth.
These measures include incentives to develop domestic lithium-processing capacity, following the government’s announcement earlier this year that exports of unprocessed lithium concentrate would be suspended from January 2027.
It is unclear whether Kambamura will maintain Chitando’s policy direction. One of his immediate tasks will be the gold-royalty proposal, which is currently under parliamentary review. Beyond lithium and gold, Zimbabwe is also a major producer of platinum-group metals and diamonds.
Aurel Sèdjro Houenou
Firms move beyond payments toward integrated SME platforms Services include invoicing, inve...
Cameroon signs MoUs for $1.5 billion waste-to-energy projects Plans target waste treat...
MTN Mobile Money Zambia partnered with Indo Zambia Bank to enable payments via bank POS terminals....
UBA UK, BII sign intent to expand trade finance in Africa Partnership targets funding gaps for in...
The BCEAO now allows UEMOA citizens abroad to open CFA franc accounts under the same conditions as...
Asian and European hubs dominate the 2026 Skytrax ranking, with Singapore Changi leading globally. Only two African airports—Cape Town (74th) and...
Gold Fields will transfer the Damang mine to the Ghanaian state on April 18 after a one-year transition period. A feasibility study confirms the...
Ghana launched a research project to develop tomato varieties yielding up to 20 tonnes per hectare, versus 8 tonnes currently. The country faces a...
A Starlink apresentou um pedido de autorização em junho de 2024 para operar na Namíbia. A empresa continua sua expansão na África, onde já está presente...
AI forces newsrooms to balance automation with credibility and trust Agentic AI boosts efficiency but risks scaling disinformation...
Kumbi Saleh is regarded as one of the earliest major political and commercial capitals of West Africa. Located in present-day Mauritania, near the border...