Articles tagged 'african medallion group'

SA firm offers Zim govt bail out deal 1 November 2018 HARARE - A South Africa-registered firm has tabled before the Reserve Bank of Zimbabwe governor John Mangundya a bailout package to import fuel and basic commodities into Zimbabwe as the economy sinks into recession. African Medallion Group (AMG) said — in a letter to Mangudya — the move is ai...
AMG gold reserves top $412m 16 October 2018 HARARE - The African Medallion Group's (AMG) gold reserves last week breached the $412 million mark in the 10 months to October. “The African Medallion Group is pleased with the current global Gold markets performance. On October 5, 2018, gold was trading at an average of R17'848, which is a 1...
Let's enhance beneficiation: Buyanga 4 October 2018 HARARE - Beneficiation is the only way Zimbabwe can create significant employment and possibly structure more meaningful asset-backed deals to finance its economic revival projects, businessman Frank Buyanga says. This also comes as the South African-based entrepreneur has rallied African yout...
Buyanga's AMG buys Pagliari for R100 million 21 June 2018 HARARE - 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-quality gold products. The development also comes as the South African-based company h...
Buyangs' AMG joins jewellers association 9 February 2018 HARARE - The African Medallion Group (AMG) has joined the Jewellers Council of South Africa (JCSA), in a development that is expected to boost trust and confidence in the group’s gold products. AMG, which manufactures and trades gold-backed medallions, was admitted into the elite 1 580-member ...
Buyanga offers Rand 1 billion for Zimbabwe's sovereign wealth fund 30 January 2018 HARARE - The African Medallion Group (AMG) says it has mobilised Rand 1 billion worth of gold assets, which can be leveraged to jump-start Zimbabwe's sovereign wealth fund (SWF). This also comes as the Johannesburg-based yellow metal processor's founder Frank Buyanga has reiterated his call fo...
AMG coins gain value 5 June 2017 HARARE - The African Medallion Group (AMG)'s special coins to commemorate the African Union (AU)'s 54th anniversary have risen by 1 400 percent in value — barely two weeks after they were launched. This also comes as the Frank Buyanga-led outfit has launched at least two batches of these uniqu...
AMG to launch more gold medalions 19 May 2017 HARARE - The African Medallion Group (AMG) is next week expected to launch another batch of its gold medallions to commemorate the African Union (AU)'s 54th anniversary, officials say. This also comes as debate over the use of these bullion coins as a future currency and the need for greater b...
Buyanga's gold medallions a 'future currency' 5 April 2017 HARARE - African Medallion Group (AMG)'S gold medallions can be “a future global currency”, a leading South African millionaire and currency trader says. This also comes amid indications that the bullion initiative launched by Zimbabwean entrepreneur and philanthropist Frank Buyanga, is one of...