Zimbabwe suspends gold miner currency rule

Zimbabwe just paused its push to force small gold diggers to take local cash for part of their earnings.

Reserve Bank of Zimbabwe RBZ

• John Mushayavanhu cited snags at Fidelity Gold Refinery as one trigger.
• The 90 percent dollar retention rule from February got put on ice.
• Unbanked artisanal miners needed extra time to sort accounts.
• Suspension buys breathing room until smoother payout systems roll out.

Gold Payment Reversion

• Small-scale miners now receive full United States dollars again.
• The MPC flagged operational headaches with the 10 percent ZiG slice.
• Zimbabwe Mining Federation highlighted banking access gaps.
• Temporary halt lets logistics get fixed before any restart.