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flag Zimbabwe raises gold royalties to 10% on sales above $2,501 an ounce in 2026 to boost government revenue.

flag Zimbabwe will raise gold royalties to 10% on sales above $2,501 per ounce in its 2026 budget, aiming to increase government revenue during high global gold prices. flag The move, announced by Finance Minister Mthuli Ncube, seeks to ensure fair contributions from miners and reduce disparities across the sector. flag Despite a recent 5% drop from a peak of $4,381.21, gold prices remain above $4,000 an ounce. flag The policy is part of broader fiscal reforms to strengthen state income, with gold and tobacco key foreign exchange earners. flag Major producers include Kuvimba Mining House, Padenga, Caledonia Mining Corporation, and Rio Zim. flag Spending requests were also cut by 62% to manage limited resources.

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