Foreign dividend payouts up 40pct in 2021

THE Reserve Bank of Zimbabwe (RBZ) says foreign dividend payments were up by 40 percent to US$328 million in 2021, from US$234 million in 2020.

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Payments to foreign investors have surged since the introduction of the apex bank’s weekly currency auctions in 2020, which have been credited by a number of constituencies for improving foreign exchange availability in the c

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