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The CEO of Zambia's state-owned mining investment agency said that the agency plans to draw on Ghana's industry standardization model and strive to release more than 1.8 billion US dollars in economic value from the country's small-scale gold industry. Kakanenwa Muyamwa, CEO of Zambia United Copper Investment Holdings Co., Ltd., said in an interview that restructuring existing informal trade can greatly increase the scale of official gold exports. He pointed out that there is a huge difference between the import data reported by the gold importing country and the shipping data declared by Zambia. According to data from the World Comprehensive Trade Solutions Database, the UAE imported nearly US$1.8 billion of gold from Zambia in 2023, and US$108 million from Hong Kong, China. However, official statistics from the central bank of the country show that the southern African country exported less than 128 million US dollars in gold back then.

Zhitongcaijing·09/02/2026 05:25:01
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The CEO of Zambia's state-owned mining investment agency said that the agency plans to draw on Ghana's industry standardization model and strive to release more than 1.8 billion US dollars in economic value from the country's small-scale gold industry. Kakanenwa Muyamwa, CEO of Zambia United Copper Investment Holdings Co., Ltd., said in an interview that restructuring existing informal trade can greatly increase the scale of official gold exports. He pointed out that there is a huge difference between the import data reported by the gold importing country and the shipping data declared by Zambia. According to data from the World Comprehensive Trade Solutions Database, the UAE imported nearly US$1.8 billion of gold from Zambia in 2023, and US$108 million from Hong Kong, China. However, official statistics from the central bank of the country show that the southern African country exported less than 128 million US dollars in gold back then.