The Reserve Bank of Zimbabwe (RBZ) has dismissed fake, videos and messages circulating on social media suggesting that some members of the public are already in possession of gold coins which are set to be released for purchase on the 25th of July.
RBZ last week announced that it would introduce gold coins to ensure that investors and the public have alternative means to store value at a time the local currency was rapidly depreciating.
A growing number of videos showing gold-colored coins and messages on social media have, however, raised concerns that gold coins may be in circulation.
“Videos and messages circulating on social media purporting or giving out that gold coins are available for sale and that some people already have them are nothing but fake news,” said the RBZ in a statement.
“For the record, RBZ has not released any gold coins and the gold coins will become available on 25 July 2022 as earlier advised by RBZ.”
The “Mosi-oa-Tunya Gold Coin”, which means “The Smoke Which Thunders,” a reference to Victoria Falls will be sold in both the local and foreign currencies.
However, there are worries about the Central Bank’s low level of public trust, which is expected to undermine the value of gold coins and present a challenge for monetary policymakers.
The gold coins will be available for sale to the public from 25 July 2022 in both local currency (ZW$) and United States Dollars (US$) (and other foreign currencies) at a price based on the prevailing international price of gold and the cost of production.
The coins will be sold through the Bank and its subsidiaries, Fidelity Gold Refinery (Private) Limited and Aurex (Private) Limited, local banks, and selected international banking partners. Entities selling the coins shall be required to apply to Know Your Customer (KYC) principles.
You take us to be fools nhai
King Ziro inodherera mipurwa iyi kusarohwa
Toy Country vanofunga Zimbabwe ituckshop yavo zvavo
Tengai ikoko mega
Go and arrest those claiming to have the coins… just so you can prove to us that they ar fake. Or else they ar genuine… period
Anyone remember the brand new wards of new notes circulating in the streets of Harare when banks didn’t have the notes?
I knew it very well that they are fake.Zanu Pf is trying to raise USD from nothing.They are Broke after looting everything out of Zimbabwe.
Braty furu
Ko vana killer zivhu munotii navo nhai comrade
Kkkkk what a lame excuse
Ko anga aina Killer Zivhu ndee fake futi here
Isu takamaona pavideo pacho
Y cant u just resign
This one is a fool ever to be produced in Zimbabwe
so why cant you arrest the faker
They already have them these guys, ko zvitsva hr aaah. Taingozviona pamari mabond notes wani kuti vanenge vatova nawo asati abudiswa nebank officially.
Kkkkkkk, hanzi hatipererwe
Fake yechii iye killer zivhu takamuona achimahwerengedza achitoti awa ndinawo corruption ndokubasa kwenyu but zvapedo kupera hewo mapurisa omamiswa nechaunga vanhu taneta kuitiswa nhaka munomama basi
ho, kana vari vavo vabatwa it is members of the public.ko ave efake futi which means we are being taken for a ride a bumpy one.
They are fake already? Trying times.
It’s true..mavaakungonyara kuburitsa
Mangundya is a waste of black skin, kusekesa rudzi rwechitema
What about crips bond notes in treets are they real or fake if fake where did the money changer get them from when they are limited from banks
haihwawoo..
We saw Killer Zivhu with Gold coins like pa Facebook and twitter, are u saying they were fake
Trust zanupf at your own risk