THE Mines ministry says it is grappling with significant budget constraints despite the sector’s growing economic importance, contributing a huge stake to the national gross domestic product (GDP) as well as over 70 percent of export receipts.
As of September 2024, according to ministry of Mines deputy minister Polite Kambamura, the mining sector had generated US$4,5 billion in exports and is a major driver of foreign direct investment, evidenced by numerous mega-projects.