Almot Maqolo, Staff Writer 
ASSET management firm Bard Santner Investors, says it aims to resuscitate Zimbabwe’s dying savings culture with its Gold Coin Unit Trust, which was launched this week.
Zimbabwe’s savings culture has deteriorated over the years due to high inflation and an uncertain currency regime.
The asset management firm’s Gold Coin Unit Trust comes six months after the central bank introduced gold coins as an investment alternative and to mop up excess liquidity.
The Gold Coin Unit Trust is also designed to promote financial inclusion.
“We cannot think of a more stable asset for our clients than gold. It also happens to be a resource, like numerous others, that we have in abundance in Zimbabwe. We are keen to see our clients’ portfolios hold the most stable asset humankind has ever known,” Bard Santner Investors executive director Alfred Mthimkhulu said.
He said the company sees the innovation as enriching lives and deepening capital markets.
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