Appointments

Zimbabwe Replaces Mines Minister Amid Proposed Gold Royalty Debate

Zimbabwe Replaces Mines Minister Amid Proposed Gold Royalty Debate
Tuesday, 09 December 2025 10:40
  • Zimbabwe sacks Mines Minister Chitando, replaces him with deputy Polite Kambamura
  • Dismissal follows proposal for 10% gold royalty from 2026 amid industry pushback
  • Mining contributed 80% of exports in 2023; revenue target remains unmet

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

On the same topic
Burkina Faso appoints Wendkuni Zombré as Air Burkina director general Airline resumed operations in 2024 after years of inactivity New leadership...
Chevron appoints former TotalEnergies executive Emmanuelle Garinet to lead exploration She will oversee exploration across sub-Saharan Africa and the...
Asante Gold appoints Campbell Baird as chief operating officer Baird to oversee optimization at Bibiani and Chirano mines Mines target 500,000 ounces...
AXA Senegal chief succeeds Oumou Niang Touré, in post since 2022 Senegal insurance premiums reached 290 billion CFA francs in 2024 Amar Kébé...
Most Read
01

Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...

Togo Passes Law to Criminalize Counterfeiting of West African CFA Franc
02

Since its 2019 IPO, Airtel Africa paid Deloitte over $37 million in audit and non-audit fees,...

Airtel Africa and Deloitte: A Seven-Year Relationship, $37 Million in Fees and a Planned Handover
03

CCR-UEMOA presents mid-term review of private sector competitiveness efforts Reforms, AfCFTA trai...

Strengthening the Business Climate in WAEMU Countries: CCR-UEMOA Reviews Its Midterm Record
04

World Bank announces $137 million to boost West Africa digital economy Program expands broad...

Benin, Liberia and Sierra Leone Receive $137M to Expand Digital Access for 5.2 Million People
05

Tilenga oil project required land from 4,954 households in Uganda Over 99% of affected households...

Report details land compensation for nearly 5,000 households in Uganda’s Tilenga oil project
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.