Categories: Stories

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

(442 VIEWS)

Don't be shellfish... Please SHARE
Google
Twitter
Facebook
Linkedin
Email
Print

This post was last modified on July 10, 2021 4:46 pm

Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34

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.

Recent Posts

Zimbabwe central bank chief says street forex dealers cannot destabilise the ZiG

The Reserve Bank of Zimbabwe governor John Mushayavanhu says street money changers who cash in…

April 26, 2024

Zimbabwe International Trade Fair plans to turn exhibition centre into commercial complex

The Zimbabwe International Trade Fair (ZITF) has announced an ambitious long-term plan to turn the…

April 25, 2024

ZiG falls against US dollar

Zimbabwe’s new currency today fell against the United States for the first time since its…

April 25, 2024

ZiG plays havoc on the Zimbabwe Stock Exchange

Zimbabwe’s new currency has wiped out a more than 330% gain on the stock market…

April 24, 2024

Jonathan Moyo tells Mushayavanhu to stick to monetary policy and leave money changers to the police

One bane of recent public discourse in Zimbabwe is not only that it is never…

April 23, 2024

ZiG kicks off third week on a stronger note

Zimbabwe’s new currency kicked off its third week on a stronger note raising questions as…

April 22, 2024