BUSINESS NEWS

AMG boss proposes gold-backed Zimbabwe currency to RBZ

A leading South Africa precious metals dealer African Medallion Group (AMG) has proposed to the Reserve Bank of Zimbabwe (RBZ) the launch of a digital currency backed by physical gold, with an aim to ...

By Staff reporter | Published: 07 November 2019
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BUSINESS NEWS

3 money changers appear in court

THREE suspected money changers, all women, appeared in court yesterday for allegedly violating the country's Exchange Control regulations. Thelma Moyo, Chipo Muteswa and Rebecca Kurekwechuma appeared ...

By Staff reporter | Published: 15 November 2018
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BUSINESS NEWS

Buyanga's AMG buys Pagliari for R100 million

Businessman Frank Buyanga's African Medallion Group (AMG) has just closed a Rand 100 million acquisition of Pagliari Group (Pagliari), a former subsidiary of Rand Refinery (RF) and supplier of high-qu...

By Staff reporter | Published: 21 June 2018
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FINANCIAL SERVICES

AMG acquires South Africa-based Pagliari

ZIMBABWEAN businessman, Frank Buyanga's African Medallion Group (AMG) has taken control of South Africa-based, Pagliari Group, a subsidiary of Rand Refinery, which manufactures and supplies high qual...

By Staff reporter | Published: 29 May 2018
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BUSINESS NEWS

Buyanga unveils $1bn gold backed certificate

THE African Medallion Group (AMG) has introduced a $1 billion gold-backed bond certificate, in a development that is expected to consolidate the company's status in the yellow metal sector.The latest ...

By Staff reporter | Published: 11 April 2018
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BUSINESS NEWS

AMG surpasses R1 billion gold reserves threshold

ZIMBABWEAN millionaire Mr Frank Buyanga's African Medallion Group says it has exceeded one billion rand gold reserves as it continues to add more stockpiles of the precious yellow metal.The African Me...

By Staff reporter | Published: 07 February 2018
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Business Daily Zimbabwe

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