Categories: Stories

List of all 2 036 companies allotted US$1.6 billion under the forex auction system in 2021

The Reserve Bank of Zimbabwe yesterday released the list of 2 036 companies that received US$1.6 billion under the country’s foreign currency auction system this year.

The largest beneficiaries were Varun Beverages, Blue Ribbon Foods, United Refineries, Dairibord Zimbabwe, Cangrow Trading, Willowton Group, Treger Products, Olivine Industries, Surface Wilmar and Sable Chemical industries.

The top three recipients are all foreign-owned companies.

Below is the full list.

Continued next page

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This post was last modified on December 31, 2021 6:01 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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