List of 1 728 companies that received forex from the Zimbabwe auction from June 2020 to August 2021


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Blue Ribbon, a Zimbabwean food manufacturer which is now a subsidiary of Tanzania’s Bakhresa Group, topped the list of 1 728 companies that were allotted foreign currency through the auction since its launch on 23 June 2020.

It received US$25.2 million followed by Varun Beverages which got US$23.2 million.

A total of US$1.7 billion was allotted with US$1.3 billion being disbursed this year.

Varun Beverages, however, got US$15 million this year while Blue Ribbon was allotted US$14.7 million.

Here is the list of all the 1 728 companies and what they got.

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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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