The introduction of gold coins attracted the attention of consumers, business people, and investors. Featuring high in the discussion is whether these can curb inflation that seems to be spiralling out of control or are a form of investment but still some people are not sure what they represent and have no confidence in them.
Two things are however clear, that the gold coins are an alternative investment product for those who want to store value and also that they are being used as a monetary tool to stabilise the exchange rate through the mopping of excess Zimbabwe dollars. This can be testified to by the parallel market rate that has remained stagnant following the introduction of the gold coin. Whatever the case may be, the subject of taxation regarding the buying and selling of gold coins has remained alien to most Zimbabweans and it is surprising that this so important aspect is not even dis
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