Investor Presentaiton
Forex Disbursements to Small Scale Gold Producers
Small scale gold producers shall continue to receive 55% of their gold sale proceeds
in foreign currency. Those with Nostro FCAs shall receive their funds in their FCAs for
utilisation.
Upon receipt of foreign currency cash payments, small scale and artisanal miners are
required to sell their cash holdings to a bank or bureau de Change in exchange for
local currency in cases where they intend to transact locally.
Any payments to local suppliers for goods or services shall be settled in local currency
in line with Statutory Instrument 142 of 2019.
Large scale gold producers shall continue to receive 55% of their sale proceeds into
their Nostro FCA (Exports) for utilisation towards import payments for goods and
services.View entire presentation