ZMF NewsNews

Fidelity resumes bullion payments

By Business Reporter – Thursday 3 September 2020

LOCAL – HARARE (Mining Index) – FIDELITY Printers and Refiners (FPR) gold buying centres around the country have started paying out outstanding bullion payments as promised last week.

“We are pleased to announce that FPR gold buying centres began paying out all outstanding areas for gold bullion delivered to them by Tuesday the 1st of September 2020,”

“This set up of prompt payment by FPR after receiving bullion shall be the order of the day going forward,” said ZMF chief executive officer, Wellington Takavarasha.

Last week, ZMF president Henrietta Rushwaya met with the Reserve bank of Zimbabwe (RBZ) governor John Mangudya over unpaid FPR bullion payments.

Fidelity had not been able to pay gold miners for gold delivered due to foreign currency scarcities. ENDS//

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