{"id":225729,"date":"2026-03-02T01:09:52","date_gmt":"2026-03-01T23:09:52","guid":{"rendered":"https:\/\/southafricatoday.net\/africa-news\/southern-africa\/zimbabwe\/zimbabwe-owes-valterra-platinum-100-million-in-unpaid-export-proceeds\/"},"modified":"2026-03-02T01:09:52","modified_gmt":"2026-03-01T23:09:52","slug":"zimbabwe-owes-valterra-platinum-100-million-in-unpaid-export-proceeds","status":"publish","type":"post","link":"https:\/\/southafricatoday.net\/africa-news\/southern-africa\/zimbabwe\/zimbabwe-owes-valterra-platinum-100-million-in-unpaid-export-proceeds\/","title":{"rendered":"Zimbabwe Owes Valterra Platinum $100 Million in Unpaid Export Proceeds"},"content":{"rendered":"<p><\/p>\n<div>\n<p class=\"story-body-text\" data-para-word-count=\"30\">South Africa&#8217;s Valterra Platinum <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/companies\/VALJ.J\" rel=\"noopener\">(VALJ.J),<\/a> said on Wednesday it is owed $100 million in 2025 export proceeds by Zimbabwe&#8217;s government, which has started making some payments to clear the arrears.<\/p>\n<p class=\"story-body-text\" data-para-word-count=\"75\">Zimbabwe requires all exporters to retain only 70% of their proceeds in foreign currency, with the balance being converted to local currency.Valterra and its platinum industry peers have faced <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/africa\/zimbabwe-platinum-miners-owed-millions-unpaid-export-earnings-2025-08-05\/\" rel=\"noopener\">delayed payments<\/a> from the government under the retention rule, according to Zimbabwe&#8217;s mining chamber. The&#8230;<\/p>\n<\/div>\n<p><a href=\"https:\/\/allafrica.com\/stories\/202602270316.html\" target=\"_blank\" rel=\"noopener\">Read more on AllAfrica.com<\/a><br \/>\n<br \/>South Africa Today Africa \u2013 Southern Africa <a title=\"Zimbabwe\" href=\"https:\/\/southafricatoday.net\/africa-news\/category\/southern-africa\/zimbabwe\/\">Zimbabwe<\/a> News<\/p>\n","protected":false},"excerpt":{"rendered":"<p>South Africa&#8217;s Valterra Platinum (VALJ.J), said on Wednesday it is owed $100 million in 2025 export proceeds by Zimbabwe&#8217;s government, which has started making some payments to clear the arrears. Zimbabwe requires all exporters to retain only 70% of their proceeds in foreign currency, with the balance being converted to local currency.Valterra and its platinum [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":188473,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[248],"tags":[258,256,10346,5118,257,14099,4645,17125,254,10393,53796,4686,421],"class_list":["post-225729","post","type-post","status-publish","format-standard","has-post-thumbnail","category-zimbabwe","tag-africa","tag-africa-news","tag-export","tag-million","tag-news","tag-owes","tag-platinum","tag-proceeds","tag-south-africa-today","tag-unpaid","tag-valterra","tag-zimbabwe","tag-zimbabwe-news"],"_links":{"self":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/225729","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/comments?post=225729"}],"version-history":[{"count":0,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/225729\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media\/188473"}],"wp:attachment":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media?parent=225729"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/categories?post=225729"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/tags?post=225729"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}