Apollo Blockchain to Develop a Gold-backed Digital ...

Even though the information has not been confirmed by the government quite yet, the local residents are saying that the deal is pretty much done and on top of that, recently the CEO of Apollo Fintech recently publicly confirmed that the collaborations with the Zimbabwe government is in place and the citizens will be able to access a gold-backed cryptocurrency very soon.

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  • Zimbabwe is getting another ‘new’ currency | Business and ...

    Zimbabwe is getting another ‘new’ currency | Business and ...

     · is getting another ‘new’ currency. The new currency will denominations with a maximum value of $0.25, says ’s central bank chief.

  • Natural Resources and Environment - ISS Africa

    Natural Resources and Environment - ISS Africa

    Once the world’s third-largest producer of , holds substantial endowments of close to 40 different minerals. While the country has no known commercial deposits of oil, the country has one of the largest known coal-bed methane gas deposits in Africa. The mining industry contributed 4.5% to GDP in 2005 and employed an estimated 5% ...

  • BBC NEWS | Africa | Making big money in Zimbabwe

    BBC NEWS | Africa | Making big money in Zimbabwe

     · With the dollar in freefall, if someone pays you late, then you may to start all over again." But it is cash itself that is the source of much wealth. In the last three weeks, the dollar has gone from 45m or so to the US$, to around 120m.

  • A gold backed currency for Zimbabwe | Project263

    A gold backed currency for Zimbabwe | Project263

     · Zimbabwe is The Archaean terrain of Zimbabwe is in terms of gold yield per square kilometer, the most productive of its kind in the world. It is more productive in fact than South Africa’s archaean terrain which holds the world’s largest proven reserves of gold.

  • Zimbabwe journalist says will not seek bail but ‘fight ...

    Zimbabwe journalist says will not seek bail but ‘fight ...

     · journalist says will not seek bail but ‘fight’ charges Arrested for the third time in six months, Hopewell Chin’ono says he wants to challenge the state to withdraw charges against him.

  • Banknotes of Zimbabwe -

    Banknotes of Zimbabwe -

    The paper money of were physical forms of s four incarnations of the dollar $ or Z$ from 1980 to 2009. The banknotes of the first dollar replaced those of the Rhodesian dollar at par in 1980 following the proclamation of independence. The Reserve Bank of issued most of the banknotes and other types of currency notes in its history, including the Bearer cheques and ...

  • Hyperinflation in Zimbabwe -

    Hyperinflation in Zimbabwe -

    Hyperinflation in was a period of currency instability in that, using Cagans definition of hyperinflation, began in February 2007.During the height of inflation from 2008 to 2009, it was difficult to measure s hyperinflation because the government of stopped filing official inflation statistics.

  • How to Identify a Gold Bearing Area | Sciencing

    How to Identify a Gold Bearing Area | Sciencing

     · prospecting and identifying -bearing areas become increasingly more feasible, due to research developments on the geological process of formation. See References 1. bearing areas, mostly throughout the western United States, drawn and sprouted entire communities based on prospecting. ...

  • Massive diamond fields discovered in Zimbabwe to save the ...

    Massive diamond fields discovered in Zimbabwe to save the ...

     · Images: ’s diamonds miner, ... Analysts were forecasting prices at $1,558.8/oz on average, up 12% from 2019, still short of the actual price by over $200.

  • Dozens feared dead in Zimbabwe mine collapse as rescue ...

    Dozens feared dead in Zimbabwe mine collapse as rescue ...

     · Mining is a leading source of foreign currency for , where accounts for 60% of exports. The sector provides work for nearly 10% of the country’s population, according to the ...

  • Zimbabwe: Women Blocked From Mining As Gold Disappears ...

    Zimbabwe: Women Blocked From Mining As Gold Disappears ...

    In precolonial , women took part in mining , precious stones and other valuable resources." ... which AllAfrica not the legal right to edit or correct.

  • Why Its Important to Avoid Diamonds From Zimbabwe

    Why Its Important to Avoid Diamonds From Zimbabwe

    The government took over the Marange fields in 2010 and they partnered with a number of private companies that employ around 10,000 miners. But the situation is not good. There been regular reports of diamond workers being raped, killed, tortured and …

  • Zimbabwe: Losing millions from illicit gold mining trade ...

    Zimbabwe: Losing millions from illicit gold mining trade ...

     · is mineral rich, but have los tells The Africa Report.

  • Zimbabwe Maps & Facts - World Atlas

    Zimbabwe Maps & Facts - World Atlas

     · Situated within the tropics of southern Africa, straddles a high inland plateau that drops northwards to the Zambezi valley.. The Inyanga and Udizi Mountains stretch along s eastern border with Mozambique, and the countrys highest and lowest point are both found there.Marked on the physical map above, Mount Inyangani at 8,503 ft. 2,592 m is s highest point its ...

  • Zimbabwe’s trillion-dollar note: from worthless paper to ...

    Zimbabwe’s trillion-dollar note: from worthless paper to ...

     · The central bank of issued $100,000,000,000,000 notes during the last days of hyperinflation in 2009, and they barely paid for a loaf of bread. But their value has shot up

  • Pakistani gold dealer battles for freedom as Zimbabwe ...

    Pakistani gold dealer battles for freedom as Zimbabwe ...

    A Pakistani national, Ali Mohammed, is battling for his freedom from remand prison after being named by suspended Miners Federation president Henrietta Rushwaya as the owner of four bars that are part of a raging US$330,000 smuggling scandal.

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