Categories: Stories

List of all 1 632 companies that received forex from the auction between June 2020 and July 2021

A total of 1 632 companies received foreign currency from the auction system from its launch on 23 June 2020 to the end of July 2021.  They were allotted a total of US$1 557 840 624.

According to the central bank 70% of the funds allotted went to the productive sector namely the procurement of raw materials, machinery and equipment and consumables.

Here is the list of beneficiaries.

Continued next page

(523 VIEWS)

This post was last modified on August 7, 2021 9:59 am

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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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