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Home » RBZ targets gold smugglers
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RBZ targets gold smugglers

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“Certified officers will have the authority to inspect mining locations, examine security systems, and review financial records to ensure compliance with the Gold Trade Act and are required to present official certificates upon request, granting them the legitimacy needed to carry out their duties effectively,”
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THE Reserve Bank of Zimbabwe’s Fidelity Gold Refinery has established a gold trade enforcement unit (GTEU) to bolster the integrity of the country’s precious mineral trading. Fidelity Gold Refinery general manager Peter Magaramombe yesterday said the GTEU had been established following recent amendments to the Gold Trade Act. It is aimed at curbing illegal gold…

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