adminPRESIDENT Mugabe last week cleared the air over one of the most talked about laws in the business circles — the Indigenisation Policy — where he clearly spelt out the mandate of various arms of Government in implementing the law.
This must bring to rest the diverging sentiments that were coming from various Government offices which had resulted in disgruntlements among the business community. Investors must take time to study the latest pronouncements which will help them take proper measures to invest in the country.
Meanwhile, the Industrial index closed the week on Friday higher at 98.35 points after gaining 0.04 points (0,04 percent) to close at 98.35 points.
Old Mutual increased by $0,0047 to trade at $2,2347, Hippo added $0,0044 to $0,2305 while Fidelity Life put on $0,0010 to close at $0,1040.
National Foods was the only counter to trade in the negative after a loss of $0,0035 to trade at $2,0965.
Week on week the Industrial index shifted up 0.43 points (0,44 percent).
The Mining Index was steady at 20.16 points.
Bindura, Falgold, Hwange and RioZim maintained previous price levels at $0,0102, $0,0050, $0,0300 and $0,1100 respectively.
Week on week Mining index was unchanged.
Online Reporter