Day: April 5, 2024

Zim holds 2,5t gold, US$300m cash reserves

ZIMBABWE has 2,5 tonnes of gold and US$300 million in cash reserves, placing it in good stead to introduce a new structured currency. Of the gold, 1,5 tonnes is held in the Reserve Bank of Zimbabwe (RBZ) vaults while one tonne is held offshore. The revelation comes as the new RBZ Governor Dr John Mushayavanhu […]