FX auction spurs dividend payouts

DIVIDEND payments to foreign investors and capital remittances from disinvestments out of Zimbabwe increased 88 percent in 2020 to US$259 million as the central bank’s weekly currency auctions improved foreign exchange availability.

Advertisements

John Mangudya, Reserve Bank of Zimbabwe governor

Subscribe to The Financial Gazette

This is premium content. Subscribe to read article.

Subscribe Today

Gain access to all articles. Subscribe Today.

Related posts

ICT, consumer stocks drive markets growth

Diversification buoys CBZ’s lending portfolio

Delta Corporation to step up cost cuts

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More