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Home » Forex dividend pay-outs tick up

Forex dividend pay-outs tick up

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DIVIDEND payments to foreign investors climbed by 24 percent to US$269 million for the six-month period ending in June 2022, continuing a pattern that began in 2020 with the introduction of weekly currency auctions by the Reserve Bank of Zimbabwe (RBZ).
These numbers are from the midterm monetary policy statement by RBZ governor John Mangudya, which was released last week.
The apex bank prioritises dividends and disinvestments on the platform, along with a few other purposes.

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RBZ governor, John Manguda

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