Mining contributes 70% of export earnings, 14.5% of GDP, and supports thousands of livelihood

President Emerson Mnangagwa has said Zimbabwe's mining contributes 70% of export earnings, 14.5% of GDP, and supports thousands of livelihoods.

He made the remarks at the Bulawayo Mine Entra Expo in a speech read on his behalf by Acting President  Constantinop Chiwenga.

"Mine Entra is positioned as a strategic convening for shaping Zimbabwe's mining, engineering, and transport sectors. Mining contributes 70% of export earnings, 14.5% of GDP, and supports thousands of livelihoods. Mining is central to Vision 2030 and the transition from NDS1 to NDS2," he said.

"The Mines and Minerals Amendment Bill modernizes the sector, aligning with global best practices enforcing accountability, transparency, and corporate social responsibility.
It promotes development of schools, clinics, roads, and sustainable livelihoods. There is a strong stance against corruption, illicit trading, and leakages with the government implementing licensing transparency, regular audits, community engagement, and whistleblower protection."

He said the projects like Palm River Energy Plant and Zimplats Smelter Expansion are commended, adding that  collaboration with research institutions and adoption of geospatial mapping, artificial intelligence, and automation is urged.

"Mining must be environmentally sustainable and community-conscious. Zimbabwe aligns with Africa Mining Vision (2009) and SADC Protocol on Mining (1997), focusing on climate resilience, renewable energy, and ecosystem restoration," he said.

"Zimbabwe is open for business, but not for mere extraction - seeking mutual partnerships empowering citizens and protecting the environment. Mine Entra is a launchpad for partnerships, investments, and policy alignment driving a mining sector beyond extraction for national renewal."