Tag: Reserve Bank of Zimbabwe (RBZ)
A sharp spike in global copper prices has dealt a heavy blow to CAFCA Limited’s bottom line, slashing its profit after tax by a staggering 72% for the half-year ended March 31, 2025.
By Ryan Chigoche
Despite a...
Zimbabwe’s Minister of Mines and Mining Development, Hon Winston Chitando, has issued his sternest warning yet to mining operators flouting environmental and legal regulations: follow the law or lose your mining title, Mining Zimbabwe can report.
By...
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...
Gold deliveries reach the 2022 target
Gold deliveries to the country's sole gold buyer and exporter Fidelity Gold Refinery (FGR) achieved the 2022 projected target of 35 tonnes marking an...
$9 billion worth of gold coins sold
As the uptake of gold coins after their introduction midyear increases significantly, 35 per cent of the coins have been bought by individuals while...
Zimplats dismisses Biti’s ‘Under Declarations, Slow Beneficiation’ claims
ZIMPLATS has dismissed former Finance minister, Tendai Biti's allegations that they were reluctant to build a refinery in a development which exposes the government...
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