CBZ Holdings (CBZ), the biggest financial services group in the country, has commended the Reserve Bank of Zimbabwe’s (RBZ) for introducing gold coins, saying investors would find a store of value in the instruments.
Advertisements
Entities and individuals with excess cash have been struggling to find investment options amid high inflation, which was stood at 285 percent for August, up from 256,9 percent in July and 191,6 percent in June.
In a statement accompanying the financial services group’s results for the half-year to June 30, 2022, group chairman Marc Holtzman said CBZ would throw its weight behind the central bank’s e
Subscribe to The Financial Gazette
This is premium content. Subscribe to read article.
Login if you have purchased