MASIMBA Holdings Limited (Masimba) has urged the Reserve Bank of Zimbabwe to address the backlog at its foreign currency auction system so that companies’ operations are not affected by increased production costs and raw material supply disruptions. In a statement accompanying the construction and engineering company’s financial results for the half year to June 30,…
Masimba urges RBZ to clear auction backlog

According to the Reserve Bank of Zimbabwe, the increase is expected to bolster economic activity and ensure timely foreign payment settlements.