Tag: Reserve Bank of Zimbabwe (RBZ)

The Reserve Bank of Zimbabwe (RBZ)’s introduction of a 10% ZiG payment for small-scale gold miners was positioned as a move toward financial inclusion and fairness. But if the government truly wants to promote the ZiG...
Premier African Minerals, has confirmed that its new spodumene flotation plant for the Zulu Lithium and Tantalum Project is expected to arrive on site today, following a short delay from the previously announced timetable, Mining Zimbabwe...

RBZ Drops Fixed Mono-Currency Timeline, Adopts Conditions-Based Transition

…As they assure investors of capital repatriation and forex availability The Reserve Bank of Zimbabwe (RBZ) has moved to adopt a conditions-based transition to a...

RBZ Resume Gold Coin Sales as bullion prices soar

The Reserve Bank of Zimbabwe (RBZ) has resumed the sale of its gold-backed Mosi-Oa-Tunya coins, reintroducing the program after a 10-month break amid soaring...

Zim Gold Export Receipts Up 8.64% Amid Surging Global Gold Prices

Zimbabwe’s gold export earnings grew by 8.64% in the first two months of 2025, reaching US$240.1 million, up from US$221 million during the same...

RBZ Wary of Subdued PGM Prices’ Impact on Export Earnings

The Reserve Bank of Zimbabwe (RBZ) is concerned about the anticipated decline in platinum group metal (PGM) prices in 2025, driven by slowing demand...

The Future of ZiG: RBZ Quells Concerns Over Legal Status

The Reserve Bank of Zimbabwe (RBZ) has issued a public notice to clarify the legal status of the Zimbabwe Gold (ZiG) currency, addressing concerns...

Drop 75/25 export surrender – National Competitive Commission tells RBZ

Miners have been given a glimpse of hope as the government-owned National Competitive Commission (NCC) has urged the government to abolish the export surrender...

Zim introduces another new currency, the”ZiG”

The new Reserve Bank of Zimbabwe (RBZ) governor Dr John Mushayavanhu today unveiled the new structured currency, the "ZiG".Patricia RwafaAddressing the country, Mushayavanhu said...

RBZ Forecasts 5% Economic Growth, Due to Lithium Investments

Despite recent monetary challenges experienced in the country, the Reserve Bank of Zimbabwe (RBZ) through its midterm monetary policy statement has projected robust economic...

BREAKING: Miners to now remit royalties to ZIMRA

The Zimbabwe Revenue Authority (ZIMRA) has advised miners and Mining companies to cease with immediate effect, remitting mining royalties to the Reserve Bank of...

Gold Economy: 10 Advantages of Using Gold Coins in Zimbabwe

The Reserve Bank of Zimbabwe (RBZ) in 2022 introduced Mosi-Oa-Tunya gold coins to alleviate the demand for the US dollar, stabilize the exchange rate...

Issue of escrow shares in the acquisition of the Bilboes gold project

Caledonia Mining Corporation Plc (NYSE AMERICAN: CMCL; AIM: CMCL; VFEX: CMCL) has recently received a notice to issue the Escrow Shares, which were withheld...

Court releases diamonds in custody of RBZ after 13years

AIM-listed Vast Resources says the High Court of Zimbabwe has ordered the release of its 129 400 carats of rough diamonds, which have been...

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