The Reserve Bank of Zimbabwe -RBZ- has released the latest prices for the gold coins and Gold-backed Digital Tokens. The gold-backed digital tokens, now named Zimbabwe Gold or ZiG, became an approved means of payment for domestic transactions few months ago with any transactions going through ...
RBZ governor John Mangudya yesterday told a media briefing in Harare that: “The bank has today released the first batch of 2 000 Mosia-Tunya gold coins into the market. The local agencies commenced selling the gold coins on an agency basis at an initial price of US$1 823 per gold coin...
“Gold-backed digital tokens will be issued for investment purposes with a vesting period of 180 days and redeemable in the same way as the existing physical gold coins. The tokens will be available for sale through banks in both foreign currency and Zimbabwean dollar. “Banks will create spec...