Tag: Gold exports

Zimbabwe’s biggest gold producer eyes massive expansion from $4.61 billion

Zimbabwe's largest gold producer is preparing for a major expansion as the country seeks to build on record earnings from gold exports, one of the biggest drivers of its economy.  The state-owned miner, backed by the Mutapa Investment Fund, plans to lift annual output to more than 400,000 ounces from current production of about 220,000 ounces.  The push comes after…

Oluwatosin Alao Oluwatosin Alao

Gold exports drive Ghana’s cedi to world’s best performer

At a Glance Ghana’s cedi has pulled off a striking comeback, rising from the depths of a debt and balance-of-payments crisis to become one of the world’s strongest currencies this year. Only months ago, the West African nation was struggling to steady its finances after a bruising default and painful restructuring talks.  The rebound stands out in a year when…

Oluwatosin Alao Oluwatosin Alao

Ghana’s Gold boom: Record exports and rising prices fuel economic upswing

Ghana’s gold boom, led by small-scale miners and rising prices, fuels record exports, economic growth, and currency stability amid tighter regulations.

Omokolade Ajayi Omokolade Ajayi