Search results for 'Gold smuggling'
Zimbabwe
Zimbabwe Zero Rates Gold Deliveries: Uncovering Incentives Behind the Policy Shift
The government has implemented a zero-rating policy for gold deliveries to Fidelity, the state-owned gold buying entity. This policy change comes after gold deliveries have been sustaining a downward
Jun 13, 2024
Zimbabwe
Zimbabwe’s Anti-Corruption Drive Under President Mnangagwa: Progress, Setbacks, Persistent Challenges
President Emmerson Mnangagwa took office in November 2017 after the late President Robert Mugabe’s resignation, pledging decisive action against corruption. In his 2018 State of the Nation Address, h
Oct 21, 2025
Zimbabwe
Mthuli’s 2026 Budget : Drops Tax Hammer on Miners, Hands Citizens the Keys to Gold
Finance, Economic Development and Investor Promotion Minister, Professor Mthuli Ncube has tabled the most aggressive mining tax reforms since dollarisation, aimed at lifting the sector’s effective con
Dec 03, 2025
Zimbabwe
Gold Revenue Slide: Why Zim’s Main Forex Earner Hit a 13-Month Low and What It Means for the Economy
Zimbabwe's gold export revenue recorded its fourth consecutive monthly decline in April 2026, falling to USD 394.2 million from USD 427.1 million in March, USD 461.4 million in February, USD 493.0 mil
Jun 05, 2026
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Zimbabwe Raises Minimum Wage by 80% as ZiG Delivers First Credible Local-Currency Wage Floor Since Dollarisation
Zimbabwe has approved a review of minimum wages and related conditions of employment for domestic workers and workers in unclassified operations, acting on recommendations from the tripartite Wages an
1 hour agoZimbabwe Still Outpaces Sub-Saharan Africa’s Average Despite World Bank Growth Downgrade
The World Bank's June 2026 Global Economic Prospects report has placed Zimbabwe's 2026 GDP growth at 4.6%, a downward revision from the 5% projected in its January 2026 edition, with a further easing
2 hours agoCheaper Credit, Tight Money: RBZ Cuts Productive Sector Credit Rate, Keeps Liquidity Brakes On
Zimbabwe’s Apex Bank, Reserve Bank of Zimbabwe has reduced the Targeted Finance Facility rate from 20% to 15% with a cap on banks' on-lending to productive sectors at an all-inclusive rate of 25%, an
6 hours agoWhat to Read From Latest Gold Data: Deliveries Hit 2026 High as Zimbabwe’s 50-Tonne Target Faces Second-Half Test
Gold deliveries to Fidelity Gold Refinery have reached 3,951 kilograms in May 2026, the highest monthly figure recorded in Zimbabwe so far this year and an 18.8% advance from April's 3,325 kilograms.
8 hours ago
