Cooking Oil Producer Gets Bulk Of Foreign Currency Under RBZ Auction System
18 June 2022
By A Correspondent- Cooking oil producer, Cangrow Trading, received the bulk of foreign currency at the Reserve Bank of Zimbabwe (RBZ) foreign currency auction system in the month of May 2022.
This was revealed by RBZ Governor, Dr John Panonetsa Mangudya, in his update on foreign exchange auction allotments for May 2022 and foreign exchange payments for the period January to May 2022.
Below is the table showing the 64 biggest beneficiaries for the month of May 2022:
Foreign Exchange Auction System Allotments Under the Main Auction for May 2022
Foreign Exchange Auction System Allotments Under the Main Auction for May 2022
| NO. | BIDDER | AMOUNT ALLOTTED (US$) | SHARE (%) |
| 1 | CANGROW TRADING | 2,117,760 | 2.2% |
| 2 | MEGA MARKET MILLING PVT LTD | 1,949,954 | 2.1% |
| 3 | VARUN BEVERAGES ZIMBABWE | 1,798,638 | 1.9% |
| 4 | BLUE RIBBON FOODS | 1,724,815 | 1.8% |
| 5 | VICTORIA FOODS PVT LTD | 1,445,829 | 1.5% |
| 6 | ZFC LIMITED | 1,334,121 | 1.4% |
| 7 | MAFURO FARMING | 1,251,187 | 1.3% |
| 8 | CAFCA LIMITED | 1,039,042 | 1.1% |
| 9 | CAIRNS FOODS LIMITED | 924,387 | 1.0% |
| 10 | BEIT BRIDGE JUICING COMPANY | 904,615 | 1.0% |
| 11 | PURE OIL INDUSTRIES (PVT) LTD | 879,024 | 0.9% |
| 12 | REINFORCED STEEL CONTRACTORS ZIMBABWE (PVT) LTD | 873,634 | 0.9% |
| 13 | AGRIBANK | 850,000 | 0.9% |
| 14 | CAPRI APPLIANCES PVT LTD | 850,000 | 0.9% |
| 15 | FEEDMIX (PVT) LTD | 823,122 | 0.9% |
| 16 | WILLOWTON GROUP ZIMBABWE (PVT) LTD | 750,000 | 0.8% |
| 17 | TREGER PRODUCTS | 750,000 | 0.8% |
| 18 | MEGAPAK ZIMBABWE P/L | 709,277 | 0.8% |
| 19 | BROWN ENGINEERING P/L | 678,901 | 0.7% |
| 20 | HUNYANI PAPER & PACKAGING (1997) (PVT) LTD | 650,000 | 0.7% |
| 21 | ANDALUSIA INVESTMENTS (PVT) LTD TA ZIMBORDERS | 633,281 | 0.7% |
| 22 | NEON SHADES PVT LTD | 616,980 | 0.7% |
| 23 | SCHWEPPES ZIMBABWE LIMITED | 585,669 | 0.6% |
| 24 | UNIVERN ENTERPRISES PVT LTD T/A SOUTHERN REGION TRADING co | 550,136 | 0.6% |
| 25 | ZIMBABWE ONLINE PVT LTD | 537,239 | 0.6% |
| 26 | CHINA NANCHANG ENGINEERING | 500,000 | 0.5% |
| 27 | BARZEM ENTERPRISES P/L | 495,722 | 0.5% |
| 28 | CENTRAL AFRICAN PACKAGING CORPORATION PVT LTD | 491,983 | 0.5% |
| 29 | ALLIANCE MEDIA | 482,005 | 0.5% |
| 30 | NATIONAL FOODS LIMITED | 476,266 | 0.5% |
| 31 | DENDAIRY P/L | 457,743 | 0.5% |
| 32 | SATEWAVE TECHNOLOGIES PVT LTD | 450,000 | 0.5% |
| 33 | LOTUS STATIONERY MANUFACTURERS | 448,105 | 0.5% |
| 34 | MAKOMO ENGINEERING PVT LTD | 431,900 | 0.5% |
| 35 | CZIM CORRUGATED BOX SOLUTION P/L | 424,762 | 0.4% |
| 36 | MANICA BOARDS AND DOORS (PVT) LTD | 422,483 | 0.4% |
| 37 | TELONE PRIVATE LIMITED | 400,000 | 0.4% |
| 38 | ARENEL (PRIVATE) LIMITED | 400,000 | 0.4% |
| 39 | HONDE HYDRO POWER CONSOLIDATED | 398,866 | 0.4% |
| 40 | PUNGWE B POWER STATION PVT LTD | 398,839 | 0.4% |
| 41 | MOUNT MERU MILLERS ZIMBABWE | 395,799 | 0.4% |
| 42 | PAROAN VISTA (PVT) LTD | 391,390 | 0.4% |
| 43 | POLYPACKAGING PVT LTD | 384,949 | 0.4% |
| 44 | PARAGON PRINTING & PACKAGING (PVT) LTD | 372,004 | 0.4% |
| 45 | CENTRAL MILLERS (PVT) LTD | 369,829 | 0.4% |
| 46 | AGRICON EQUIPMENT (PVT) LTD | 365,375 | 0.4% |
| 47 | MOMENTUM IMARA SP REID | 350,000 | 0.4% |
| 48 | ETG INPUTS ZIMBABWE | 350,000 | 0.4% |
| 49 | CROCO HOLDINGS | 340,000 | 0.4% |
| 50 | AGRI VALUE CHAIN ZIMBABWE (PVT) LTD | 326,691 | 0.3% |
| 51 | PARAMOUNT EXPORTS (PVT) LTD | 324,871 | 0.3% |
| 52 | MULLER BROTHERS (PVT) LTD | 320,811 | 0.3% |
| 53 | WILLIAM BAIN & COMPANY | 313,275 | 0.3% |
| 54 | ALL COMMODITY EXPORTS P\L | 311,191 | 0.3% |
| 55 | NATIONAL FOODS PROPERTIES LTD | 310,000 | 0.3% |
| 56 | SCANLINK PRIVATE LIMITED | 309,737 | 0.3% |
| 57 | CBZ BANK LIMITED | 300,000 | 0.3% |
| 58 | AFRICAN BANKING CORPORATION | 300,000 | 0.3% |
| 59 | JP MORGAN | 300,000 | 0.3% |
| 60 | CITI BANK | 300,000 | 0.3% |
| 61 | GRATON INVESTMENTS | 300,000 | 0.3% |
| 62 | PREMIER AUTO SERVICES P/L | 296,408 | 0.3% |
| 63 | LOBELS BREAD | 290,000 | 0.3% |
| 64 | PRODAIRY (PVT) LTD | 281,734 | 0.3% |