This might be a clear indication that the market has not bought the CCC claim that it was robbed of its victory and is going ahead with its business as usual.
The last auction was held 13 days ago.
President Emmerson Mnangagwa won last week’s elections polling 52.6% of the vote while Nelson Chamisa got 44%. ZANU-PF won 136 seats and CCC, 73.
Chamisa, however, claims he won the elections.
CCC has called for fresh elections but has not indicated whether it is going to court to challenge the results.
Offers at the auction ranged from $4 570 to $4 650 and US$19.6 million of the US$20 million on offer was taken up.
(64 VIEWS)
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…
Zimbabwe is among the top 30 countries in the world with the widest gap between…
Zimbabwe’s battered currency, the Zimbabwe Gold, which was under attack until the central bank devalued…
Plans by the ruling Zimbabwe African National Union-Patriotic Front to push President Emmerson Mnangagwa to…
The Zimbabwe government’s insatiable demand for money to satisfy its own needs, which has exceeded…
