Business & Economy

GOLD OUTPUT INCREASED IN 2021: RBZ

By Staff Reporter

The Reserve Bank of Zimbabwe RBZ  Governor Dr John Mangudya says the 2021  gold deliveries to Fidelity gold refinery private limited recorded a significant increase.

In a statement, Dr Mangudya said  the 55 percent increase was because of  the efforts of both  small and large gold producers who delivered almost  30 thousand kilograms of gold in 2021 compared to   19 thousand and 52 kilograms delievered the previous year.

Dr Mangudya also praised the government for the gold incentive scheme which he said played a crucial role in increasing the deliveries to Fidelity gold refinery private limited.

Dr Mangudya added  that the country’s gold exports are expected to increase further in 2022.

Related Articles

Back to top button