FIDELITY PRINTERS MONOPOLY ENDS

THE Reserve Bank of Zimbabwe (RBZ) has privatised its gold
refining business, ending a monopoly that has been enjoyed by Fidelity Printers
and Refiners.

Fidelity controls Zimbabwe’s gold trade as well as the
minting and printing of local currency.

In…

THE Reserve Bank of Zimbabwe (RBZ) has privatised its gold refining business, ending a monopoly that has been enjoyed by Fidelity Printers and Refiners. Fidelity controls Zimbabwe’s gold trade as well as the minting and printing of local currency. In a statement, governor John Mangudya (pictured) said the central bank’s board of directors agreed to a restructuring exercise that will see the