Since 2018, Zimbabwe’s mining industry has generated over $20 billion in export earnings, primarily from investments in key minerals such as gold, platinum, and lithium. The mining sector is a cornerstone of the economy, accounting for over 60% of its exports and contributing approximately 13% to the nation’s GDP. The lithium industry, in particular, has greatly benefited from emerging supportive government strategies since its rise in demand mostly for Electric Vehicles (EVs). The revenue generated from the export of lithium grew from $1.8 million in 2018 to $70 million in 2022. By September 2023, a total of $209 million had been realized from lithium exports showing a significant revenue mobilization potential. Chinese firms, including Zhejiang Huayou Cobalt, Sinomine Resource Group, Chengxin Lithium Group, Yahua Group and Canmax Technologies have spent more than $1 billion over the past two years to acquire and develop lithium projects in Zimbabwe. Projections indicate that the mining industry could generate upwards of $20 billion by 2030, highlighting its vital role in the country’s economic landscape. However, the wealth generated from these natural resources requires effective governance and equitable distribution.
In response, Green Governance Trust (GGT) is dedicated to enhancing accountability through data-driven advocacy initiatives. The organization also provided platforms for young professionals from Zvishavane, Bikita and Mhondoro Ngezi to develop data mining and analysis skills crucial for upholding institutional integrity, accountability and engaging in public consultations. Moreover, GGT has supported youth in participating in local council consultative meetings and by offering necessary partnerships with CBOs like Bikita Institute for Land and Development and Bikita Residence and Rate Payers Association, for effective advocacy. By engaging a variety of stakeholders, including the Chief of Bikita and government departments that regulate the mining sector, local authorities, a robust support system for youth involvement in sustainable mining governance is crucial.
“The mining sector in Zimbabwe possesses tremendous potential. However, without proper accountability, it becomes challenging to ensure that our communities fully benefit from these valuable resources. The GGT is setting a commendable precedent for fostering meaningful engagement between youth and policymakers, ensuring that community interests in mining are protected.” Brian Nyagwande – Director Zimbabwe Youth Council (ZYC).
Image 1: Mr. Brian Nyagwande| Director of the Zimbabwe Youth Council (ZYC), at the speaks at the Parliamentary Youth Caucus in the National Assembly organised by GGT in partnership with ZYC, focusing on opportunities in lithium mining, mineral revenue transparency, and improved accountability in Zimbabwe extractive sector. – New Parliament Building, Mt Hampden; 15 May 2024