Search results: Reserve Bank of Zimbabwe (RBZ)

Controversial Israeli businessman, Luka Ignatius Fabris, is setting up a multi-million-dollar mineral processing plant at Tafuna Hills in Shamva district, Mashonaland Central.Fabris confirmed the development saying he was undertaking the project with some partners.“This is a...

Zimbabwe’s central bank has tabled a shareholding agreement for its subsidiary, Fidelity Printers and Refiners (FPR), almost eight months after a proposal to unbundle the company into two entities was announced.The Reserve Bank of Zimbabwe (RBZ)...

THE country’s gold output last month increased by 75 percent to 2,924 tonnes from 1,668 tonnes in May on the back of incentives availed by the Reserve Bank of Zimbabwe (RBZ).Latest statistics released by Fidelity Printers...

For most entrepreneurs and executives in Zimbabwe the moment mining is mentioned they pay close attention. This is because the mining sector presents many opportunities especially as the businesses generate foreign currency. This article looks at...

Zimbabwe’s gold deliveries more than doubled to 2.92 tonnes in June from 1.409 tonnes during the same period last year on incentives as experts say the upward trajectory would be maintained throughout the year.Last month, the...

WHILE deliberations continue over joining an international group formed to reduce corruption in mining countries, Zimbabwe continues to lose billions of dollars from the smuggling of extracted resources, including gold, diamonds, oil and gas.Queried over the...

Zimbabwe's Apex bank will allow large-scale gold mining companies to directly export a portion of their bullion, an official said, as the bank gradually eases its control of gold trading in the country.The Reserve Bank of...

The Reserve Bank of Zimbabwe (RBZ) has slashed small scale miners’ royalties and the cost of importing cash as part of efforts to improve gold deliveries to Fidelity Printers and Refiners (FPR) and stem the smuggling...

The National Gold Buyers Association (NGBA) an affiliate of the Zimbabwe Miners Federation (ZMF) through its chairperson Mr Pedzisai Scott Sakupwanya has pledged to deliver 37 tonnes of gold to the country’s sole gold buyer and...

The Reserve Bank of Zimbabwe (RBZ) has adjusted gold prices up in a move aimed at improving deliveries to the country's sole gold buyer and exporter Fidelity Printers and Refiners (FPR).The move has come after Zimbabwe...

Zimbabwe’s gold export receipts have plunged 35% to US$78.4m in May from US$120m achieved in the prior comparative period as the yellow metal deliveries to the country’s sole buyer and marketer, Fidelity Printers and Refiners dropped.While...

MINING industry executives yesterday commended the central bank’s move to give the Zimbabwe Revenue Authority (Zimra) the sole mandate to collect fees and commissions previously paid to the Minerals Marketing Corporation of Zimbabwe (MMCZ), saying this...