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PRESS STATEMENT

FOREIGN EXCHANGE ALLOTMENTS UNDER THE FOREIGN EXCHANGE AUCTION SYSTEM AND FOREIGN EXCHANGE PAYMENTS FOR THE PERIOD JANUARY 2021 TO DECEMBER 2021

In line with the Bank's commitment to regularly keep the public informed of developments in the foreign exchange market, the Bank hereby publishes the following:

  1. A list of the 2 037 beneficiaries of US$1 645 427 941 allotted under the Main Foreign Exchange Auction;
  2. A list of the 5 288 beneficiaries of US$326 018 895 allotted under the SMEs Foreign Exchange Auction; and
  3. A schedule showing the total foreign exchange payments by source amounting to US$6 730 965 540 broken down as follows: -
    1. foreign currency accounts (US$4 449 900 326),
    2. the Foreign Exchange Auction System (US$1 971 446 836); and
    3. the interbank market (US$309 618 378).

From the inception of the Foreign Exchange Auction System on 23 June 2020 to the end of December 2021, an amount of US$2 596 380 813 was allotted to the key sectors of the economy with US$2 238 180 267 being allotted through the Main Auction and

US$358 200 546 through the SMEs Auction.

The bulk of the funds allotted in 2021 (62%) went towards payment for raw materials

(US$777 250 614) and machinery and equipment (US$444 979 034) and US$749 217 188, representing 38% of the total allotments, going towards payment for consumables, pharmaceuticals and other needs of the economy as reflected in the tables below.

John P Mangudya

Governor

30 December 2021

FOREIGN EXCHANGE AUCTION SYSTEM ALLOTMENTS BY PURPOSE FOR THE YEAR 2021 (USD)

Purpose

Main Auc�on

SME Auc�on

Total

Share (%)

Raw Materials

693,453,476

83,797,138

777,250,614

39%

Machinery and Equipment

355,594,113

89,384,921

444,979,034

23%

Consumables (Incl. Spares, Tyres, Electricals)

132,385,258

62,568,632

194,953,890

10%

Retail and Distribu�on (Incl. Food, Beverages, etc)

149,126,291

30,071,046

179,197,338

9%

Pharmaceu�cals and Chemicals

108,893,679

17,091,471

125,985,150

6%

Services (Incl. Educa�on Loans, Dividends and Disinvestments)

98,164,980

25,948,125

124,113,106

6%

Fuel, Electricity and Gas

71,819,717

7,373,459

79,193,176

4%

Paper and Packaging

35,990,427

9,784,103

45,774,529

2%

Total Allotments - 2021

1,645,427,941

326,018,895

1,971,446,836

100%

Total Allotments - 2020

592,752,326

32,181,651

624,933,977

Grand Total (2020 - 2021)

2,238,180,267

358,200,546

2,596,380,813

FOREIGN PAYMENTS FOR THE PERIOD 01 JANUARY TO 27 DECEMBER 2021 BY SOURCE OF

FUNDING (USD)

Month

Foreign Currency Account

Interbank Market Payments

Foreign Currency Auc�on

Total

(FCA)

Allotments

Jan-21

310,456,607

24,276,155

99,194,883

433,927,645

Feb-21

481,620,748

37,049,364

147,216,349

665,886,462

Mar-21

367,394,138

52,958,997

178,876,453

599,229,588

Apr-21

242,140,242

29,558,900

128,056,464

399,755,606

May-21

301,288,223

29,713,430

159,699,141

490,700,794

Jun-21

366,490,525

27,953,907

207,003,995

601,448,427

Jul-21

379,011,505

25,027,355

185,720,760

589,759,620

Aug-21

340,889,557

19,911,086

236,874,671

597,675,314

Sep-21

490,336,111

29,221,093

158,898,808

678,456,013

Oct-21

465,909,508

13,530,327

171,241,942

650,681,776

Nov-21

430,111,945

12,786,835

216,065,135

658,963,915

Dec-21

274,251,216

7,630,928

82,598,235

364,480,380

Total

4,449,900,326

309,618,378

1,971,446,836

6,730,965,540

Propor�on

66%

5%

29%

100%

FOREIGN EXCHANGE AUCTION SYSTEM ALLOTMENTS UNDER THE MAIN AUCTION FOR THE YEAR 2021

AMOUNT ALLOTTED

NO

BIDDER

(US$)

SHARE (%)

1

VARUN BEVERAGES (ZIMBABWE) (PVT) LTD

19,005,187

1.2%

2

BLUE RIBBON FOODS LTD

18,090,343

1.1%

3

UNITED REFINERIES LTD

17,595,833

1.1%

4

DAIRIBORD ZIMBABWE P/L

14,153,392

0.9%

5

CANGROW TRADING

13,667,025

0.8%

6

WILLOWTON GROUP ZIMBABWE

12,336,972

0.7%

7

TREGER PRODUCTS

10,896,137

0.7%

8

OLIVINE INDUSTRIES

10,866,308

0.7%

9

SURFACE WILMAR (PVT) LTD

10,857,727

0.7%

10

SABLE CHEMICAL INDUSTRIES LIMITED

10,793,313

0.7%

11

WINDMILL (PVT) LTD

10,227,517

0.6%

12

DENDAIRY LIMITED

9,898,035

0.6%

13

SCHWEPPES ZIMBABWE LIMITED

9,630,421

0.6%

14

PURE OIL INDUSTRIES (PVT) LTD

9,515,342

0.6%

15

TEL ONE PRIVATE LIMITED

9,054,701

0.6%

16

ZFC LIMITED

8,938,454

0.5%

17

BARZEM ENTERPRISES (PVT) LTD

8,228,114

0.5%

18

REINFORCED STEEL CONTRACTORS ZIMBABWE (PVT) LTD

8,127,889

0.5%

19

UNILEVER ZIMBABWE PVT LTD

8,012,613

0.5%

20

MEGAPAK ZIMBABWE PVT LTD

7,983,976

0.5%

21

HUNYANI PAPER & PACKAGING (1997) (PVT) LTD

7,864,866

0.5%

22

NATPAK PRIVATE LIMITED

7,704,777

0.5%

23

ZIMBABWEAN BRANDS

7,430,386

0.5%

24

CAPRI APPLIANCES

7,321,852

0.4%

25

ALL COMMODITY EXPORTS PL

6,740,437

0.4%

26

PRODAIRY (PVT) LTD

6,626,087

0.4%

27

FARMEC (PVT) LTD

6,593,530

0.4%

28

THE ZIMBABWE BATA SHOE COMPANY (PVT) LTD

6,438,531

0.4%

29

CAFCA LIMITED

6,278,766

0.4%

30

JP MORGAN

6,227,512

0.4%

31

PROBRANDS PRIVATE LIMITED

5,951,180

0.4%

32

SATEWAVE TECHNOLOGIES PVT LTD

5,887,204

0.4%

33

NATIONAL FOODS (PVT) LTD

5,676,334

0.3%

34

INTRACHEM (PVT) LTD

5,627,384

0.3%

35

G NORTH & SONS (PVT) LTD

5,576,473

0.3%

36

ARENEL (PRIVATE) LIMITED

5,444,808

0.3%

37

FARAMATSI MOTORS (PRIVATE) LIMITED

5,271,030

0.3%

38

CITI BANK

5,247,441

0.3%

39

BLACK BOX INVESTMENTS (PVT) LTD

5,183,293

0.3%

40

PHARMACEUTICAL AND CHEMICAL DISTRIBUTORS

5,164,413

0.3%

41

KEFALOS CHEEESE PRODUCTS P/L

5,134,117

0.3%

42

UNIVERN ENTERPRISES

5,071,519

0.3%

43

AGRIBANK

5,050,000

0.3%

44

PAZA BUSTER CAR SALES

5,031,176

0.3%

45

PROPLASTICS LIMITED

4,715,216

0.3%

46

CRASTER INTERNATIONAL PVT LTD

4,707,236

0.3%

47

BANK OF NEW YORK MELLON

4,699,401

0.3%

48

POLYPACKAGING PVT LTD

4,690,705

0.3%

49

BOC ZIMBABWE (PVT) LTD T/A BOC GASES

4,675,809

0.3%

50

ESSAR TUBES AND TOWERS

4,656,289

0.3%

51

NEON SHADES PVT LTD

4,645,614

0.3%

52

LOTUS STATIONERY MANUFACTURERS

4,569,648

0.3%

53

ZUVA PETROLEUM (PVT) LTD

4,514,043

0.3%

54

ISOQUANT INVESTMENTS P/L

4,447,106

0.3%

55

AGRI VALUE CHAIN ZIMBABWE (PVT) LTD

4,401,915

0.3%

56

HASTT ZIMBABWE

4,372,103

0.3%

57

MEGA MARKET MILLING (PVT) LTD

4,359,989

0.3%

58

AFRICA STEEL P/L

4,356,973

0.3%

59

PARROGATE ZIMBABWE (PVT) LTD

4,278,207

0.3%

60

ALLIANCE MEDIA

4,238,754

0.3%

61

CP CHEMICALS

4,122,159

0.3%

62

PARAMOUNT EXPORTS (PVT) LTD

4,083,300

0.2%

63

RESTAPEDIC MANUFACTURING (PVT) LTD

4,041,502

0.2%

64

DULY HOLDINGS PVT LTD

3,976,138

0.2%

65

BRITISH AMERICAN TOBACCO ZIMBABWE

3,962,507

0.2%

66

AGRICON EQUIPMENT (PVT) LTD

3,946,997

0.2%

67

MAFURO FARMING (PVT) LIMITED

3,937,877

0.2%

1/31

AMOUNT ALLOTTED

NO

BIDDER

(US$)

SHARE (%)

68

DISCOUNT STEEL ZIMBABWE

3,925,687

0.2%

69

IETC ZIMBABWE PRIVATE LIMITED

3,904,429

0.2%

70

STEWARD BANK LIMITED

3,901,501

0.2%

71

KINGFAV INCORPORATED

3,892,940

0.2%

72

SUNRAY CORPORATION (PVT) LIMITED

3,871,589

0.2%

73

MEDITERRANEAN SHIPPING COMPANY S.A.(PRIVATE) LIMITED

3,851,649

0.2%

74

BREASTPLATE SERVICES P/L T/A NEMCHEM

3,825,038

0.2%

75

CAIRNS FOODS

3,778,513

0.2%

76

DATA CONTROL SYSTEMS (1996) PVT LTD T/A LIQUID TELECOM

3,775,998

0.2%

77

NEW AVAKASH INTERNATIONAL

3,747,246

0.2%

78

PREMIER AUTO SERVICES P/L

3,693,825

0.2%

79

RARDON INVESTMENTS (PVT) LTD

3,689,064

0.2%

80

BROWN ENGINEERING P/L

3,687,012

0.2%

81

AE ELECTRICAL LIGHTING & MANUFACTURING

3,646,279

0.2%

82

BUFFALO STEEL

3,641,932

0.2%

83

DRIPTECH IRRIGATION

3,635,313

0.2%

84

CABS

3,602,248

0.2%

85

STATE STREET BANK

3,593,528

0.2%

86

GRAIN MARKETING BOARD

3,593,323

0.2%

87

MASHWEDE DIESEL SERVICES

3,564,428

0.2%

88

SCB MAURITIUS - IMARA AFRICA SERIES LIMITED - ZIMBABWE

3,562,215

0.2%

89

PROBOTTLERS PVT LTD

3,561,062

0.2%

90

MOUNT MERU MILLERS ZIMBABWE PVT LTD

3,551,867

0.2%

91

HWANGE COAL GASIFICATION COMPANY

3,526,381

0.2%

92

PAROAN VISTA (PVT) LTD

3,522,914

0.2%

93

TINEO ENTERPRISES

3,514,652

0.2%

94

ACOL CHEMICALS HOLDINGS (PVT) LTD

3,496,445

0.2%

95

OPTIMUM AGRO (PVT) LTD

3,464,190

0.2%

96

RAWFERT OFFSHORE SAL

3,460,718

0.2%

97

TRAYLISH INVESTMENTS

3,435,261

0.2%

98

OMNIA FERTILIZER ZIMBABWE (PVT) LTD

3,413,898

0.2%

99

CURECHEM OVERSEAS P/L

3,410,277

0.2%

100

ACCESS BRANDS PVT LTD

3,407,088

0.2%

101

KERSHELMAR DAIRIES (PVT) LTD

3,360,857

0.2%

102

ALPHA PACKAGING (PVT) LTD

3,329,641

0.2%

103

SONDELANI RANCHING P/L

3,311,755

0.2%

104

MEGA MARKET (PVT) LTD

3,310,196

0.2%

105

PANGOLIN PRODUCTS PVT LTD

3,273,135

0.2%

106

SELONA AFRICA INTERNATIONAL

3,269,086

0.2%

107

UNICARE PVT LTD

3,181,891

0.2%

108

POWERFUL GRAND INDUSTRIES

3,148,565

0.2%

109

KEVKUL INVESTMENTS PVT LTD

3,130,738

0.2%

110

COLOURMAXIMAL INVESTMENTS PVT LTD

3,104,430

0.2%

111

NATIONAL FOODS PROPERTIES (PVT) LTD

3,078,429

0.2%

112

AFGRI ZIMBABWE

3,050,602

0.2%

113

CHINA NANCHANG ENGINEERING (PVT) LTD

3,028,308

0.2%

114

COMOX TRADING PVT LTD

3,024,224

0.2%

115

CHILMUND INVESTMENTS (PVT) LTD

3,022,872

0.2%

116

FEEDMIX (PVT) LTD

3,016,640

0.2%

117

VICTORIA FOODS (PVT) LTD

2,998,186

0.2%

118

THE COPIER PARTS COMPANY

2,962,279

0.2%

119

J MANN & COMPANY (PVT) LTD

2,961,816

0.2%

120

CZIM CORRUGATED BOX SOLUTION (PVT) LTD

2,957,000

0.2%

121

AMTEC MOTORS (PRIVATE) LIMITED

2,951,715

0.2%

122

NOVAFEED (PVT) LTD

2,951,371

0.2%

123

AIR ZIMBABWE PVT LTD

2,950,533

0.2%

124

PETROTRADE

2,941,665

0.2%

125

TOYOTA ZIMBABWE

2,922,678

0.2%

126

BELL PETROLEUM

2,921,410

0.2%

127

AGRO SHAPE PVT LTD

2,876,065

0.2%

128

INNSCOR DISTRIBUTION

2,862,634

0.2%

129

DIVYA ENTERPRISES

2,842,273

0.2%

130

BLACKBOX OILS AND LUBRICANTS (PVT) LTD

2,830,061

0.2%

131

FASTJET ZIMBABWE (PVT) LTD

2,816,096

0.2%

132

TUFF INDUSTRIALS (PVT) LTD

2,798,940

0.2%

133

ETG INPUTS ZIMBABWE P/L

2,796,995

0.2%

134

SAIWIT HOLDINGS (PVT) LTD

2,791,170

0.2%

2/31

AMOUNT ALLOTTED

NO

BIDDER

(US$)

SHARE (%)

135

TRADEKINGS ZIMBABWE PVT LTD

2,788,822

0.2%

136

STAR AFRICA CORPORATION

2,743,458

0.2%

137

IRVINES ZIMBABWE

2,732,972

0.2%

138

NATIONAL PROPSHAFT CENTRE (PVT) LTD

2,714,492

0.2%

139

EUROSTAR ELECTRIC CO PVT LTD

2,686,880

0.2%

140

CLASSECON ROOFING AFRICA (PVT) LTD

2,682,785

0.2%

141

ASTRA CHEMICALS PVT LTD

2,678,073

0.2%

142

AYAN TRADING

2,673,840

0.2%

143

RETVIC TRADING PVT LTD T/A TIGER WHEELS AND TYRE

2,671,474

0.2%

144

CASSETTE TECHNOLOGIES P/L

2,660,597

0.2%

145

GRATON INVESTMENTS

2,647,281

0.2%

146

ZIMBABWE ONLINE PVT LTD

2,636,530

0.2%

147

EAGLE ITALIAN TEXTILE

2,631,800

0.2%

148

BRAND AGRO P/L

2,618,203

0.2%

149

STEELMATE INVESTMENTS

2,606,904

0.2%

150

BLANKET MINE (1983) P/L

2,600,946

0.2%

151

CROCO MOTORS (PRIVATE) LIMITED

2,600,532

0.2%

152

MUTARE MART & EXCHANGE

2,580,108

0.2%

153

LOBELS (PVT) LTD

2,576,550

0.2%

154

INSTANT TAR ZIMBABWE (PRIVATE) LIMITED

2,540,641

0.2%

155

REDAN BULK (PVT) LTD

2,534,969

0.2%

156

PROCUREMART TRADING (PVT) LTD

2,530,354

0.2%

157

MUNELLA ENTERPRISES (PVT) LTD

2,522,905

0.2%

158

ENERGY PARK P/L

2,516,813

0.2%

159

ADLEBON INVESTMENTS

2,479,760

0.2%

160

VIVO ENERGY FORMERLY ENGEN PETROLEUM

2,477,849

0.2%

161

CONSOLIDATED FARMING INVESTMENTS

2,472,534

0.2%

162

PROFEEDS PVT LTD

2,456,914

0.1%

163

WESTBILL TRADING (PRIVATE) LTD T/A STEEL WAREHOUSE

2,447,103

0.1%

164

AFRICAN BANKING CORPORATION

2,445,393

0.1%

165

TYREZIM PVT LTD

2,439,790

0.1%

166

GRAINCO (PRIVATE) LIMITED

2,416,616

0.1%

167

ASTRA PAINTS PVT LTD

2,398,337

0.1%

168

FROLGATE TECHNOLOGY (PVT) LTD

2,380,475

0.1%

169

PRODISTRIBUTION PVT LTD

2,373,959

0.1%

170

POLYOAK PACKAGING ZIMBABWE (PVT) LTD

2,367,845

0.1%

171

PLANAS STATIONERY (PVT) LTD

2,358,056

0.1%

172

CHINYA INVESTMENTS

2,355,724

0.1%

173

FOSSIL AGRO (PVT) LTD

2,349,434

0.1%

174

LAFARGE CEMENT ZIMBABWE LTD

2,348,218

0.1%

175

SEPTEMBER ONE P/L

2,329,502

0.1%

176

BETAR CHEMICALS

2,321,158

0.1%

177

SPEEDLINE MARKETING (PVT) LTD

2,287,079

0.1%

178

CLOVER LEAF MOTORS

2,284,616

0.1%

179

PAULOS CONSTRUCTION

2,260,000

0.1%

180

CUT RAG PROCESSORS

2,258,063

0.1%

181

INDUSTRIAL CHEMICAL IMPORTERS

2,257,365

0.1%

182

UMBINGTON TRADING (PRIVATE) LIMITED

2,252,110

0.1%

183

SUNNY YI FENG TILES ZIMBABWE (PVT) LTD

2,209,885

0.1%

184

LEGEND LOUNGE PRIVATE LIMITED

2,205,063

0.1%

185

MONTERO TRADING INTERNATIONAL (PVT) LIMITED

2,198,263

0.1%

186

PISTA INVESTMENTS

2,183,687

0.1%

187

EXCLUSIVE BRANDS

2,182,812

0.1%

188

SINO TRUK ZIMBABWE (PVT) LTD

2,175,000

0.1%

189

HALSTED BROTHERS

2,173,768

0.1%

190

FLIK NIK ENTERPRISES

2,165,493

0.1%

191

POCK ISLAMP PRIVATE LIMITED TA ZIMBABWE FREIGHT

2,153,580

0.1%

192

KDV BEDDING

2,150,117

0.1%

193

FIRST PACK MARKETING

2,134,594

0.1%

194

ALMAREX INVESTMENTS T/A TENGA4WENA

2,123,932

0.1%

195

WARDSTORE ENTEPRISES (PVT) LTD

2,123,606

0.1%

196

VALLEY SEEDS ZIMBABWE PVT LTD

2,122,740

0.1%

197

BRAFORD INVESTMENTS

2,113,678

0.1%

198

JANI S FABRIC CENTRE T/A ANWAR AND RASHID P/L

2,103,717

0.1%

199

LAUETTA INVESTMENTS PL

2,102,436

0.1%

200

ZHONG JIAN INVESTMENTS

2,097,446

0.1%

201

A.LUCKY BRAND (PRIVATE) LIMITED

2,097,399

0.1%

3/31

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Reserve Bank of Zimbabwe published this content on 30 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 December 2021 14:26:07 UTC.