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Gwanda Community Share Ownership Trust (GCSOT) is set to receive its 10 percent dividend from Blanket Mine, a subsidiary of Caledonia Mining Corporation Plc. In 2012, Caledonia Mining Corporation facilitated the ownership of 51 percent of Blanket mine by indigenous Zimbabweans in accordance with the prevailing

Business

RTGS Dollars To Eliminate Multiple Pricing: RBZ

March 15, 2019

author: Jeoffrey Ncube

Reserve Bank of Zimbabwe (RBZ) has revealed that the formal use of the Real Time Gross Settlement (RTGS) dollars as a unit of account and settlement currency will help eliminate multiple pricing and other distortions; while preserving foreign currency for foreign payments. Addressing a Minex stakeholder