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THE United States government says Zimbabwe’s latest economic blueprint, The Transitional Stabilisation Programme (TSP) can address the economy’s weaknesses if fully implemented and help boost investor confidence.
The TSP, a child of Finance and Economic Development Minister Mthuli Ncube, is the foundation upon which President Mnangagwa’s government aims to springboard the economy to an upper-middle-income status by 2030.
The blueprint themed “Towards a prosperous & empowered upper-middle-income society by 2030,” runs until December 2020.
In its 2019 assessment of the investment climate in Zimbabwe, the US State Department noted positive moves taken by the new administration in Harare, while expressing reservations on what it said were slow pace of reform implementation and rampant corruption.
ALL SHARE
The All Share index closed the week on a lower note losing 0.25 points 0,13 percent to close at 191.47 points. Econet led the shakers with a $0,0073 loss to settle at $1,6838, Cassava Smartech eased $0,0066 to $1,6834 and Simbisa traded $0,0063 weaker at $1,0737. Other counters to lose ground include Willdale which decreased by $0,0050 to end at $0,0350 and Padenga which dropped by $0,0034 to close at $1,9365.
Trading in the positive was Innscor which gained $0,0195 to settle at $2,2695 and Masimba which was $0,0098 stronger at $0,0998.
Online Reporter
Londile Moyo