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Zimbabwe platinum producers owed $228m in unpaid export earnings (opens original article in a new tab)

TL;DR

Zimbabwe's government owes platinum miners $228m in unpaid export earnings, with delays in foreign currency payments exacerbating challenges for the sector.

  • Zimbabwe's government owes platinum miners $228m in unpaid export earnings as of May 2026.
  • The foreign currency retention system requires exporters to convert 30% of proceeds into local currency, but payments are delayed.
  • Platinum producers, including those owned by South African companies, earned $1.8bn in export revenue in 2025.

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