RBZ releases an additional list of Forex Auction beneficiaries

A couple of weeks ago The Reserve Bank of Zimbabwe (RBZ) released a list of the Top 100 Beneficiaries of the Forex or Foreign Exchange Auction. The list however only accounted for 45% of the total amount auctioned off by the RBZ since the Forex Auction was commissioned in June last year. This left a lot of people wondering why the RBZ didn’t release a full list or as one member of the Techzim community pointed out “why the Foreign Exchange Auction beneficiaries aren’t publicly tracked on a website“.

Well, it looks like the RBZ has heard those calls (to a degree) and has released a more comprehensive list of Forex/Foreign Exchange auction beneficiaries. You can download the document with the link below:

The list accounts for 91.019% of the money auctioned off with 8.981% or US$57 433 513 classified as other.

If you by some chance missed the announcement of the Top 100 and you dont want to go through the entire document. The Top 100 beneficiaries of the Foreign Exchange Auction are below:

Top 100 Beneficiaries of the Reserve Bank of Zimbabwe (RBZ) Forex Auction

#	COMPANY	AMOUNT (USD)	PROPORTION
1	CANGROW TRADING (PVT) LTD	12,000,127	1.9%
2	STANBIC INVESTOR SERVICES (NOMINEES)	11,198,929	1.8%
3	BLUE RIBBON FOODS LTD	10,498,404	1.6%
4	SURFACE WILMAR PVT LTD	9,178,889	1.4%
5	NATIONAL FOODS LIMITED	8,306,107	1.3%
6	VARUN BEVERAGES ZIMBABWE PVT LTD	7,695,496	1.2%
7	SABLE CHEMICAL INDUSTRIES LIMITED	7,547,696	1.2%
8	ZIMBABWEAN BRANDS	6,205,024	1.0%
9	WILLOWTON GROUP (ZIMBABWE)	5,671,914	0.9%
10	WINDMILL (PVT) LTD	5,487,243	0.9%
11	UNITED REFINERIES P/L	5,094,302	0.8%
12	NEON SHADES PVT LTD	5,056,800	0.8%
13	DENDAIRY LIMITED	4,886,259	0.8%
14	MEGA MARKET	4,498,823	0.7%
15	FERTS SEED & GRAIN P/L	4,421,245	0.7%
16	NATPAK (PVT) LTD	4,361,120	0.7%
17	DAIRIBORD ZIMBABWE LIMITED	3,817,199	0.6%
18	ZIMBABWE SILICATES HOLDINGS	3,763,604	0.6%
19	PRODAIRY (PVT) LTD	3,575,974	0.6%
20	TELONE	3,565,905	0.6%
21	ZIMBABWE FERTILISER COMPANY LIMITED	3,365,159	0.5%
22	PAPERHOLE INVESTMENTS	3,361,285	0.5%
23	VALLEY SEEDS ZIMBABWE PVT LTD	3,350,000	0.5%
24	HAMPTONS INCORPORATED PVT LTD	3,215,607	0.5%
25	RAWFERT OFFSHORE SAL	3,162,000	0.5%
26	PURE OIL INDUSTRIES	3,132,500	0.5%
27	BLACKBOX INVESTMENTS PVT LTD	3,100,313	0.5%
28	ESSAR TUBES AND TOWERS	2,926,626	0.5%
29	AFRICA STEEL (PVT) LTD	2,743,840	0.4%
30	CRASTER INTERNATIONAL (PVT) LTD	2,713,204	0.4%
31	BOC GASES ZIMBABWE	2,702,266	0.4%
32	FARM AND CITY (CFI)	2,681,788	0.4%
33	OMNI TECHNOLOGIES	2,540,428	0.4%
34	HUNYANI PAPER & PACKAGING 1997 (PVT) LTD	2,538,544	0.4%
35	FASTJET ZIMBABWE P/L	2,491,604	0.4%
36	SCB SECURITIES SERVICES AC	2,487,039	0.4%
37	LOTUS STATIONERY MANUFACTURERS	2,379,849	0.4%

#	COMPANY	AMOUNT (USD)	PROPORTION
38	TETTOLA INVESTMENTS PVT LTD	2,366,771	0.4%
39	CHINA NANCHANG ENGINEERING P/L	2,323,280	0.4%
40	OILMARK PVT LTD	2,260,865	0.4%
41	ATRIA COMMODITIES P/L	2,250,321	0.4%
42	CENTRAL AFRICAN BUILDING SOCIETY (CABS)	2,233,983	0.3%
43	PANGOLIN PRODUCTS PVT LTD	2,222,423	0.3%
44	IETC ZIMBABWE (PVT) LTD	2,220,000	0.3%
45	TYREZIM PVT LTD	2,209,589	0.3%
46	EKEZAL ENTERPRISE PVT LTD	2,206,387	0.3%
47	BREASTPLATE SERVICES	2,149,710	0.3%
48	CITY GLASS & PAINT SUPPLIERS	2,145,512	0.3%
49	SYNDICATED RESOURCES PVT LTD	2,111,950	0.3%
50	REINFORCED STEEL CONTRACTORS ZIMBABWE (PVT) LTD	2,057,657	0.3%
51	ENGEN PETROLEUM ZIMBABWE (PVT) LTD	2,054,734	0.3%
52	MEGA MARKET MILLING PVT LTD	2,015,876	0.3%
53	ALL COMMODITY EXPORTS P/L	1,995,502	0.3%
54	PROBOTTLERS (PVT) LTD	1,976,469	0.3%
55	GRIPTON INVESTMENTS PRIVATE LIMITED	1,970,318	0.3%
56	INTREPID TRADING	1,964,270	0.3%
57	THE ZIMBABWE BATA SHOE COMPANY LTD	1,946,163	0.3%
58	MASHWEDE DIESEL SERVICES (PVT) LTD	1,941,978	0.3%
59	OLIVINE INDUSTRIES (PVT) LTD	1,935,440	0.3%
60	GERIBRAN SERVICES T/A TRANSERV	1,934,506	0.3%
61	INNSCOR DISTRIBUTION LTD	1,934,413	0.3%
62	ZUVA PETROLEUM PVT LTD	1,929,929	0.3%
63	DULY HOLDINGS LTD	1,929,900	0.3%
64	PROBRANDS (PVT) LTD	1,907,377	0.3%
65	BULLION COMMODITIES INTERNATIONAL	1,907,194	0.3%
66	NETONE	1,885,339	0.3%
67	AFGRI ZIMBABWE (PVT) LTD	1,878,117	0.3%
68	BARZEM P/L	1,875,016	0.3%
69	MEGA PAK ZIMBABWE PVT LTD	1,856,111	0.3%
70	CP CHEMICALS	1,851,433	0.3%
71	CAFCA LIMITED	1,790,002	0.3%
72	SONDELANI RANCHING	1,774,938	0.3%
73	PAZA BUSTER CAR SALES	1,724,942	0.3%
74	YZ HOLDINGS PVT LTD	1,716,688	0.3%
75	POMONA HARDWARE SUPPLIES (PRIVATE) LIMITED	1,692,075	0.3%
76	POLY PACKAGING PVT LTD	1,691,359	0.3%
77	VITAL LOGISTICS ZIMBABWE (PRIVATE) LIMITED	1,678,699	0.3%
78	POWERSPEED ELECTRICAL LTD	1,668,401	0.3%
79	BLOOMSHELTER INVESTMENTS PVT LTD	1,653,469	0.3%
80	FLIK-NIK ENTERPRISES	1,652,453	0.3%

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#	COMPANY	AMOUNT (USD)	PROPORTION
81	NATIONAL AIDS COUNCIL	1,650,000	0.3%
82	CREDFIN PVT LTD	1,618,623	0.3%
83	BRITISH AMERICAN TOBACCO ZIMBABWE P/L	1,612,101	0.3%
84	CONTINENTAL MILLERS PVT LTD	1,607,670	0.3%
85	CAPRI APPLIANCES P/L	1,593,774	0.2%
86	PROTON BAKERS (PVT) LTD	1,588,671	0.2%
87	GRAINCO (PVT) LTD	1,582,794	0.2%
88	PHARMACEUTICAL & CHEMICAL DISTRIBUTORS	1,552,171	0.2%
89	LEMONSEED INVESTMENTS PVT LTD	1,544,842	0.2%
90	PAROAN VISTA P/L	1,535,574	0.2%
91	PREMIER AUTO SERVICES	1,528,224	0.2%
92	TRAYLISH INVESTMENTS (PVT LTD	1,518,507	0.2%
93	IRVINES ZIMBABWE (PVT) LIMITED	1,514,535	0.2%
94	DRIP TECH IRRIGATION	1,511,908	0.2%
95	AE ELECTRICAL	1,508,987	0.2%
96	ORIGEN CORPORATION GROUP	1,470,405	0.2%
97	EDNAT MINING SOLUTION PVT LTD	1,453,578	0.2%
98	SANDVIK MINING AND CONSTRUCTION ZIMBABWE	1,450,000	0.2%
99	AGRICON EQUIPMENT (PVT) LTD	1,439,284	0.2%
100	ARENEL (PVT)LTD	1,429,718	0.2%
	SUBTOTAL	290,926,036	45%
	OTHER COMPANIES/INDIVIDUALS	348,576,671	55%
	TOTAL	639,502,707	100%