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


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Charles Rukuni
The Insider is a political and business bulletin about Zimbabwe, edited by Charles Rukuni. Founded in 1990, it was a printed 12-page subscription only newsletter until 2003 when Zimbabwe's hyper-inflation made it impossible to continue printing.


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