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Zimbabwe has prohibited foreign companies and individuals from participating in small-scale gold mining. The policy targets local job protection and domestic economic benefits.
ecns.cnZimbabwe banned foreign companies and individuals from small-scale gold mining. The restriction applies to operations that previously allowed overseas participation.
The government stated the measure aims to protect local jobs.
Officials said the change will direct more economic activity toward domestic participants. The ban covers both companies and individual foreign operators in the small-scale sector. No specific implementation date was provided in the announcement.
Gold mining forms part of Zimbabwe's mining industry.
The sector has involved both local and foreign operators in recent years. The new restriction limits foreign access to these activities. Government statements focused on employment and economic outcomes for citizens.
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