Claim: Growth in the mining sector output from US$3-4 billion six years ago to an annual output of US$14 billion.
Fact-check: Chinamasa Exaggerates Mining Sector Growth - FactCheckZW
Verdict: the claim that 'growth in the mining sector output from us$3-4 billion six years ago to an annual output of us$14 billion' is false. when the initial target of us$12 billion in the mining sector was set out in 2019, it was for export earnings. under the us$12 billion mining roadmap, gold was expected to contribute us$4 billion, platinum us$3 billion while chrome, iron, steel diamonds and coal contribution was set at us$1 billion. lithium was expected to contribute us$500 million while other minerals were targeted at us$1,5 billion. this has not been achieved. instead, the government changed this target to include us$5,2 billion investment between 2018 and 2023; us$5,4 billion export earnings plus local consumption. so, no, the mining sector annual output has not reached $14 billion as claimed.
Organisation: FactCheckZW
Author: Lifaqane Nare
Date published: 2024-11-06T06:36:09