Learn languages naturally with fresh, real content!

Popular Topics
Explore By Region
Zimbabwe raises gold royalties to 10% on sales above $2,501 an ounce in 2026 to boost government revenue.
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.
The move, announced by Finance Minister Mthuli Ncube, seeks to ensure fair contributions from miners and reduce disparities across the sector.
Despite a recent 5% drop from a peak of $4,381.21, gold prices remain above $4,000 an ounce.
The policy is part of broader fiscal reforms to strengthen state income, with gold and tobacco key foreign exchange earners.
Major producers include Kuvimba Mining House, Padenga, Caledonia Mining Corporation, and Rio Zim.
Spending requests were also cut by 62% to manage limited resources.
Zimbabwe eleva las regalías de oro al 10% en ventas por encima de $2,501 la onza en 2026 para aumentar los ingresos del gobierno.