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NEWS & CURRENT AFFAIRS

Topic : Fidelity

Company ordered to pay back US$552 000
The chemicals company argued that it made two payments in local currency to Fidelity, but the latter demanded payment in United States dollars.
By Desmond Chingarande Apr. 24, 2025
Company ordered to pay back US$552 000

Fidelity to expand Vaka Yako to Malawi, amid regional expansions
Driving this growth was its investment properties, trade and other receivables and financial assets at fair value through profit or loss.
By Tafadzwa Mhlanga Apr. 17, 2025
Fidelity to expand Vaka Yako to Malawi, amid regional expansions

Gold deliveries fall by 18% in February
Moving towards formalisation would allow small-scale miners to have better access to financing, improved safety standards, and steady production.
By Ashton Ndakusiya Mar. 7, 2025
Gold deliveries fall by 18% in February

Artisanal miners push for ‘command mining’
They also requested Fidelity to increase gold buying points by contracting banks to be gold buyers.
By Rex Mphisa Mar. 4, 2025
Artisanal miners push for ‘command mining’
Premium

Zimbabwe’s gold miners defy odds with record deliveries
Large scale miners ramped up output during the year. Dallaglio, the gold arm of Padenga, produced 2,025kg in the nine months to September, up 22% from the same period of 2022.
By Own Correspondent Jan. 5, 2025
Zimbabwe’s gold miners defy odds with record deliveries

Fidelity sees jump in gold deliveries on prompt payments
ZiG has depreciated by over 40% on the formal market and 50% on the thriving parallel market since its debut in April.
By Nizbert Moyo Oct. 15, 2024
Fidelity sees jump in gold deliveries on prompt payments

Gold mobilisation national taskforce dispatched to shore up deliveries
Speaking at the second gold mobilisation send-off workshop held in Harare yesterday, Mines and Mining Development minister Winston Chitando said global demand for gold was on the increase.
By Chantay Ruswa and Lawrence Maphosa Sep. 17, 2024
Gold mobilisation national taskforce dispatched to shore up deliveries

Fidelity moves to preserve cash reserves
Gwata outlined Fidelity’s focus on preserving its cash reserves while making targeted investments to ensure long-term sustainability and growth in the company’s 2023 annual report.
By Tafadzwa Mhlanga Jul. 24, 2024
Fidelity moves to preserve cash reserves

PSMAS bosses removed from remand
It is the State’s case that sometime in 2020, the PSMAS board resolved to venture into gold trade.
By Trevor Mutsvairo Jun. 24, 2024
PSMAS bosses removed from remand

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