MORE companies on the Zimbabwe Stock Exchange are declaring dividends in foreign currency as domestic US dollar earnings soar across the economy, with rising usage of the currency.
It comes as a number of companies have also reported growing foreign currency sales.
First Mutual Holdings (FML), a publicly traded insurance company, has declared an interim dividend of $125 million ($80 million plus US$125 000) for the half year ended June 30, 2022. Its last dividend was exclusively in Zimbabwe dollars.
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