English>

Market News

Zimbabwe Restarts Minting of Gold Coins as Bullion Prices Soar to Record - BLOOMBERG

APRIL 27, 2025

By Ray Ndlovu

Zimbabwe’s central bank is again issuing gold coins it scrapped 10 months ago, a step it took to ramp up the bullion stockpile used to back up the local currency, the ZiG.

Minting of the so-called “Mosi-Oa-Tunya” 22-carat coins, named after the iconic Victoria Falls, was scrapped in July, central bank Governor John Mushayavanhu told Bloomberg in an interview at the time.

SEE HOW MUCH YOU GET IF YOU SELL

NGN
This website uses cookies We use cookies to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners who may combine it with other information that you've provided to them or that they've collected from your use of their services
Real Time Analytics