adminZIMBABWE expects approved investment proposals to reach a record $2,5 billion this year, on the back of growing positive investor sentiment and interest following political changes that took place in November last year. A total of 162 investment projects valued at $1,52 billion were approved in 2017 compared to 164 projects valued at$2,3 billion approved in 2016, according to the latest update from the Zimbabwe Investment Authority.
ALL SHARE
The All Share Index added 0.07 points (0,08percent) to close at 91.39 points. Old Mutual gained $0,0520 to close at $5,2537, Simbisa put on $0,0058 to $0,4033 while Innscor was up by $0,0032 to close at $0,8057. Dairibord rose by $0,0005 to $0,1110 while Axia inched up by $0,0003 to settle at $0,1803.
PPC was the only lame duck shedding $0,0500 to close at $0,8500. Heavyweights Cafca, Delta and Econet traded unchanged at $0,3500, $1,6600 and $0,7000 respectively.
Online Reporter