President inspects RBZ vaults as gold reserves rise to 3.4 metric tonnes

Harmony Agere

PRESIDENT Mnangagwa today inspected the Reserve Bank of Zimbabwe vaults, where he was given an update on the country’s national gold reserves, which are now standing at 3.4 metric tonnes.

The RBZ has been steadily converting royalties from other precious metals into gold to stockpile reserves and ensure confidence in the ZiG.

The central bank is targeting to build reserves up to 5 metric tonnes by the end of 2025.

RBZ Governor, Dr John Mushayavanhu, said...