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WATCH: Key Things You Need To Know About Mosi-oa-Tunya Gold Coins

WATCH: Key Things You Need To Know About Mosi-oa-Tunya Gold Coins

The Reserve Bank of Zimbabwe (RBZ) is set to introduce gold coins on the 25th of July 2022 as a measure to stabilise the economy. The central bank has since pre-empted the key features on the gold coins also known as the Mosi-oa-Tuna coins.

In the video below, the apex bank presents key things members of the public need to know about the Mosi-oa-Tunya gold coins.

The bank says the coins are for:

1). Value preservation

2). Can be bought from the RBZ or any bank.

3). Every coin has a unique serial number. You’re given a certificate when you buy the coin to prove it’s yours.

4). They can be purchased in Zimbabwean dollar or foreign currency.

5). The coin is tradable, can be bought and sold.

6). The gold coin will be 1 Oz with a purity of 91.67%. It has 22 carats.

Watch the video for more:

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Chum 3 weeks ago

What happens if one loses the coin ?

Blue 💙 3 weeks ago

What happens if you lose a 10 USD note?

Apple 3 weeks ago

Imagine picking one in the streets it will be a pay day 😁

VYBZ KARTEL 3 weeks ago

Nothing you are already in a loss

Tia 3 weeks ago

Zvavarana.Wakarasa mari anokudzosera ndiani

SC 3 weeks ago

Proof of ownership will not work since if one comes by it will melt it and sell it as just gold

Blue 💙 3 weeks ago

Some people are saying we'll just buy using the zim dollar. That's exactly what the government is aiming for; increase in Zim dollar demand.

Blue 💙 3 weeks ago

The rich

Apple 3 weeks ago

Yeah but hw many pipo can afford the coins ?


Zuze 3 weeks ago

ucharitenga asi hauribate chako kungogara nechi certificate chete chekuti nderako

Blue 💙 3 weeks ago

5.1 Once payment has been received by the Agent through normal banking channels, a buyer of the gold coin is allowed to take physical possession and ownership of the gold coin or opt to keep the gold coin through a registered bank (custodial services) on terms and conditions of the service provider.

Open View 3 weeks ago

Hapana zwakadaro

Blue 💙 3 weeks ago

Go back and read the first article. You can choose if you want physical possession of the coin or not. Don't peddle misinformation.

qsn 3 weeks ago

the cost of melting it is it worth taking

bongo 3 weeks ago

This Mosi-ua-tunya thing has symptoms of the Crpto-currency dealings.

Jah🇿🇼Tsvarie-07 3 weeks ago

The problem we have in Zimbabwe is politics
people want change and wont want to see it work.
Our politics fight the economy for it not to work, unlike in SA Malema calls a spade a spade. if ANC does good he applause and if they fail he fight the leaders to do whats right for their economy.

Mmmm 3 weeks ago

The store of value will be a store of loss.
Will the RBZ buy back the coin at the prevailing 22k gold price + 5%????.

Observer 3 weeks ago

The real problem is the shortage of USD that drives the markets not the need to save some gold for 180 days. Businesses need forex.

John 3 weeks ago

They just found a trillion tons of gold in some African country. Rest assured, now is not a good time to be buying gold. It's about to crash real soon

VYBZ KARTEL 3 weeks ago

In Uganda

Gold dealer 3 weeks ago

Your joking 😂.. right! 😢.

Gafa 3 weeks ago

Ukambobira vaunongamira they wil never trust yu again Zanu makabira vanhu kubva kunaGono chese chomotaura people just do the opposite.@Blue wadzoka ndimi makarova maZinara employees muchiramba kubhadhara tollgate ka.

junior mangudya 3 weeks ago

becareful kubirwamari dzenyu na sekuru's a brass not a real gold.

Mukadota 3 weeks ago

At your own peril comrades!!! Takanzwa kare kuti ponzi scheme inonyodza asi nanhasi unoona vamwe vachiendesa mari Kuma ponzi. ZANU RBZ MINISTRY OF FINANCE inonyodza mari bt fools will experiment again. 🤣🤣🤣🤣 Zvinhu zve ZANU zvinomboita kunge zvakushanda zvozongobvuruvara. Kuita kunge zvehurombwa. Rate yakambogara pa 80 vanhu vakati command economics inoshanda. Nhasi zviripi???

3 weeks ago

Apa haupiwe gold coin racho inoripiswa certificate

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