The Gold Trade Enforcement Unit (GTEU) operates under a strict legal framework designed to regulate and secure Zimbabwe’s gold sector. Established under the tagline “Boundless Enforcement Without Ceasing,” the unit’s operations are built upon clear legislative mandates, multi-agency collaboration, and dedicated public reporting channels.
Legal Framework & Mandate
• Statutory Establishment: The unit is established in terms of Part 111A of the Gold Trade Act – Chapter 21:03.
• Regulatory Compliance: Its statutory reforms align directly with key ESMA requirements to ensure international standards and financial integrity.
• Official Certification: Operational authorisation is granted directly by the Minister responsible for Finance in terms of Section 24B (4).
Composition
The GTEU leverages a joint-force composition to maximise enforcement capabilities, drawing its members from two primary entities:
• Fidelity Gold Refinery (FGR): Representatives from the National Gold Refinery provide technical, financial, and logistical expertise.
• Zimbabwe Republic Police (ZRP): Law enforcement personnel provide the necessary security, investigative, and arrest powers to curb illegal gold trading.
Core Functions
In terms of Section 22B (4) of the Act, the key operational functions of the GTEU are to:
• Prevent Theft: Assist miners in preventing the theft of gold from mining locations.
• Regulate Sales: Prevent the sale of gold to anyone other than a holder of a gold dealing licence or another authorised person under the Act.
• Combat Smuggling: Prevent the smuggling of gold outside Zimbabwe.
• Resource Safeguarding: Act generally to safeguard the gold resources of Zimbabwe for the public benefit.
Reporting & Contacts
The public can report anonymous tips regarding gold trade violations through the following official GTEU channels:
• Toll-Free Hotline: 08080324
• Active Cellphone Number: +263 786 051 274
• WhatsApp: +263 786 051 274
• Email: [email protected]
