Forex dividend pay-outs tick up

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,…

Subscribe to read full article. Subscribe today

Related posts

Liquidity problems rattle local stocks

First Capital assets double on forex holdings

OK Zimbabwe wants ‘fully’ liberalised exchange rate

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