
GREAT DYKE NEWS
June 19, 2025 at 11:02 AM
*President Mnangagwa Inspects RBZ Gold Reserves, Zimbabwe Now 6th in Africa*
President Emmerson Dambudzo Mnangagwa this morning visited the Reserve Bank of Zimbabwe (RBZ) to inspect the country’s gold holdings—now exceeding three tonnes, following a directive he issued two years ago to build strategic gold reserves as a foundation for national currency stability.
The gold accumulation milestone positions Zimbabwe as the sixth-highest gold reserve holder in Africa, trailing behind Algeria, which tops the continental rankings.
The inspection comes at a time of growing global economic uncertainty, with many nations reverting to gold as a secure store of value. Zimbabwe, already recognized as a leading gold producer, has taken deliberate steps to use its mineral wealth to bolster monetary sovereignty.
Government sources say the reserve build-up is part of broader efforts to anchor the Zimbabwean dollar on tangible assets and increase investor confidence in the local currency.
With geopolitical tensions and currency volatility reshaping global financial systems, President Mnangagwa’s strategy is being viewed as a bold step to protect national wealth and insulate Zimbabwe from external shocks.
Experts say the development enhances Zimbabwe’s reputation as a country taking proactive measures in economic resilience and value preservation, especially in the face of shifting global financial dynamics.

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