2443 SMEs that got forex from the Zimbabwe Auction system between June 2020 and June 2021

2443 SMEs that got forex from the Zimbabwe Auction system between June 2020 and June 2021

A total of 2 443 small and medium enterprises were allotted US$138 million, less than a tenth of what the larger companies got, between June last year and June this year.

1 545 companies were allotted US$1.4 billion. The top 10 companies were allotted US$153 million.

SMEs were initially excluded from the auction market when it was launched on 23 June last year but were roped in on 6 August.

The five top recipients were:

Amalgamated Chemical Industries           US$728 202
Liteflush Investments                                   US$605 262
Douglas St Ledger                                          US$579 831
EID Enterprises                                              US$578 943
Spare Parts Exchange                                    US$577 412

Below is the list of all the SMEs:

Continued next page

(443 VIEWS)

Comments

No comments yet. Why don’t you start the discussion?

Leave a Reply

Your email address will not be published. Required fields are marked *