MONDAY’S introduction of the Mosi-Oa-Tunya gold coins is likely to “cool-off Zimbabwe’s raging parallel market” – in the short to medium term – as they will provide investors with “access to an American dollar-priced asset at a good local currency rate”, Platinum Investment Managers (PIM) says.
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This comes as another wealth manager Zimnat Asset Management (ZAM) has said, investing in the gold coins would present a good opportunity for institutional investors to increase their regulatory compliance by investing in an asset with prescribed assets
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