Did you know?
Fidelity Gold Refinery’s (FGR) core business currently encompasses the following: Security and commercial printing operations, Gold buying and gold refining operations, and Disbursement of the Gold Development Initiative Fund (GDIF).
FGR is a wholly owned subsidiary of the Reserve Bank of Zimbabwe (RBZ).
At inception in 1966, Fidelity Gold Refinery’s business was largely to print secure banknotes.
Fidelity Gold Refinery was incorporated under the Companies Act on the 18th of December, 1978.
In 1987 a decision is made to enhance the Company’s strategic role through the establishment of a gold refinery.
Following the opening of the high-tech refinery at No. 1 George Drive, in October 1989, the company is accredited to the London Bullion Market Association (LBMA) an exclusive club for the best minds, skills, referees and markets for gold and silver.
The printing of other security documents, separate from bank notes started with the printing of recharge cards.
In 2001 a world class coin minting plant is established in Bulawayo, Zimbabwe’s second largest city.
In 2006, the Company increased its portfolio from being a security printer to being a commercial printer.
In 2016, the Gold Development Initiative Fund (GDIF) is created by the Reserve Bank of Zimbabwe (RBZ) as part of its initiatives to enhance economic productivity through promotion and development of the gold mining industry in Zimbabwe.
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No. 1 George Drive, Msasa, Harare
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