List of companies that obtained forex from the zimbabwe auction in October


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Only US$43.9 million was allotted to 435 businesses through the foreign currency auction market in October, the lowest amount so far this year.

The bulk of the money, US$39.2 million went to 139 large firms while 296 small and medium enterprises got only US$4.7 million.

More companies are, however, relying on their own cash as US$655.6 million was paid from individual foreign currency accounts during the same month.

In March, for example, companies paid out US$403.5 million from their FCAs while US$184.1 million came from the auction.

Here is the list of companies that were allotted forex in October.

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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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