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Zimbabwe's merry-go-round finance measures fail to cheer up economy - Vimarsana News

Zimbabwe's merry-go-round finance measures fail to cheer up economy

New gold coins, an interest rate at 200% - among the highest in the world – and jotting down the legal currency status for US dollars into law are all part of the latest money merry-go-round finance measures put in place by Zimbabwe to try to attract investors.

Source: news24.com
Gold coins hailed as an inflation hedge investment - Vimarsana News

Gold coins hailed as an inflation hedge investment

Analysts have said plans by the Reserve Bank of Zimbabwe to introduce gold coins would enable Zimbabweans to significantly hedge their

Zimbabwe's Richest Gold Buyer? Scott Kupa Made US$460 Million Last Year - Vimarsana News

Zimbabwe's Richest Gold Buyer? Scott Kupa Made US$460 Million Last Year

Pedzisayi Sakupwanya popularly known as Scott Kupa is arguably Zimbabwe's richest gold buyer after making US$460 million in 2021.

'US$12bn mining target on course' - Zimbabwe Situation - Vimarsana News

'US$12bn mining target on course' - Zimbabwe Situation

Zimbabwe is on course to attain the US$12 billion mining industry target next year, according to Mines and Mining Development Minister Winston Chitando

Zimbabwe's gold plunderer Henrietta Rushwaya wants gold posession de-criminalised - Vimarsana News

Zimbabwe's gold plunderer Henrietta Rushwaya wants gold posession de-criminalised

CONTROVERSIAL Zimbabwe Miners Federation (ZMF) president Henrietta Rushwaya has made a shocking plea to the Zanu-PF government to repeal a piece of legislation which criminalises the possession of gold without a valid licence from the authorities. Rushwaya, who represents the country's small-scale miners, is currently facing charges of attempting to smuggle six kilogrammes of the…