Zimbabwe’s Platinum is not for Zimbabweans!

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Zimbabwe's platinum resources are out of reach for most of the investing public. Platinum is one the largest generators of the foreign exchange for the southern African country. Zimbabwe has generated the most income in foreign exchange since 2013 due in large part to high platinum prices. There is currently no mechanism for investing in platinum for retail investors in Zimbabwe. The Great Dyke in Zimbabwe is the second largest platinum resource in the world. Zimbabwe's platinum is not for Zimbabwean people. This may at first come across as an outrageous and even preposterous statement however, there is plenty of truth in it. This precious metal has been central to the country achieving a trade surplus as reported in the country's Monetary Policy Statement in February 2022. The southern African country received US$ 9 billion in foreign exchange receipts in 2021 which was a staggering 53.5% higher than the figure achieved in 2020 of US$6.3 billion. This metric was the highest amount of foreign exchange income the country has ever recorded since 2013! The increase in foreign exchange receipts was due in part to international remittances of people in the diaspora who send money back home to their relatives (this

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I am a financial services professional with a strong background in diverse areas of banking. My skill set includes among others International Banking, Trade Finance, Commercial Lending, Customer Service, Finance, Banking, Corporate Finance, and Investment Banking. Africa is my home and I am passionate about its development,

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