3 articles

Gold smuggling from Africa to the United Arab Emirates (UAE) has seen a dramatic increase over the past decade. Each year, hundreds of tonnes of gold, worth tens of billions of dollars, are illegally transported out of Africa, according to a report released on Thursday. SwissAid, an organization dedicated to development aid and advocacy, conducted […]

Zimbabwe’s newly introduced gold-backed currency, the ZiG, experienced its first weakening since its launch earlier this month. According to central bank data, the currency traded nearly 1% lower at 13.38 per dollar on Thursday compared to the previous day, reflecting the recent decline in gold prices, which have seen a downward trend over the past […]

Harare- In a startling disclosure, Zanu PF spokesperson Christopher Mutsvangwa has asserted that Zimbabwe’s gold reserves were clandestinely relocated from the Reserve Bank of Zimbabwe (RBZ) during the era of the late President Robert Mugabe. click here to watch Chris Mutsvangwa video IMG_8141 The purported scheme, according to Mutsvangwa, involved collusion with a retired governor, […]
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