Categories: Stories

More than 600 companies allotted US$57.7 million through the auction in January. Here is the list

A total of 649 enterprises were allotted US$57.7 million through the auction in January, according to figures released by the Reserve Bank of Zimbabwe on Tuesday.

Zimbabwe, however, paid out US$768.4 million in January with the bulk, US$684.8 million, coming from foreign currency accounts and US$26 million from the interbank market.

The auction market has so far disbursed US$3.8 billion since its launch in June 2020.

The top 10 companies allotted money in January were:

  1. Blue Ribbon Foods
  2. Varun Beverages
  3. Willowton Group
  4. Windmill
  5. Pure OIl Industries
  6. Cangrow Trading
  7. Surface Wilmar
  8. United Refineries
  9. Parrogate Zimbabwe
  10. Satewave Technologies

Here are all the 649 companies that were allotted money in January.

Continued next page

(105 VIEWS)

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

This post was last modified on February 17, 2023 11:05 am

Page: 1 2 3 4 5 6 7 8 9 10 11

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

Top 20 countries in debt to China- Zimbabwe is not one of them

Ten African countries are amongst the biggest debtors to China, but Zimbabwe is not among…

May 1, 2024

Is Zimbabwe now on the right track?

The Reserve Bank of Zimbabwe’s Monetary Policy Committee, which met on Friday last week, says…

April 30, 2024

Watch: RBZ governor warns those selling ZiG at 20:1 could be buying it at 10:1 in June

Zimbabwe’s new currency further weakened to 13.4407 to the United States dollar today down from…

April 29, 2024

US loses its place as most influential power in Africa to China

The United States lost its place as the most influential global power in Africa last…

April 27, 2024

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