Offers by the small and medium enterprises ranged from $5 200 to $7 000 while those by large firms were from $5 900 to $7 155.
A total of 294 bids from SMEs worth USD$7.8 million were accepted but only 101 were allotted US$2.9 million.
Only 17 bids worth USD$16.4 million from large firms were accepted but only one was excluded with 16 being allotted US$15.4 million.
The central bank has released the brakes on the fall of the local currency and it is fast catching up with the black market as the premium is now down to 30%.
The internationally acceptable premium should be around 10%.
(190 VIEWS)
The gazetting into law of the payment of quarterly taxes on a 50-50 basis in…
Zimbabwe has today unveiled a ZiG276.4 billion budget for 2025 during which it expects the…
Zimbabwe President Emmerson Mnangagwa has repeatedly stated that he is not going to contest a…
The Zimbabwe Gold fell against the United States dollar for five consecutive days from Monday…
An Indian think tank has described Starlink, a satellite internet service provider which recently entered…
Zimbabwe’s new currency, the Zimbabwe Gold (ZiG), firmed against the United States dollars for 10…
