adminTHE interest the Harare International Carnival has generated has shown that with proper marketing and innovations, tourism can once again take a lead in lifting the economy.
The carnival provided an opportunity for Zimbabwe to reinvigorate itself and show its cultural power. This was also coupled with performances from groups from other countries which afforded Zimbabwe an opportunity to benchmark itself against others.
Meanwhile, the Industrial index closed the week higher on Friday at 131.45 points after gaining 0.27 points (0,21 percent). Four counters traded in the positive territory as BAT rose by $0,0500 to trade at $11,7000. Padenga increased by $0,0100 to settle at $0,0900, Delta recovered $0,0025 to $0,8125 while SeedCo added $0,0020 to settle at $0,9920.
Losses were seen in Old Mutual as it dropped by $0,0500 to $2,4000 and First Mutual slipped $0,0010 to close at $0,0200.
Econet, Innscor and OK Zimbabwe were unchanged at $0,2700, $0,6000 and $0,0600 in that order.
Industrial index remained unchanged compared to week ending 2 October 2015.
The Mining index was flat at 23.57 points. Bindura, Falgold, Hwange and RioZim maintained previous price levels at $0,0130 $0,0050, $0,0340 and $0,1200 respectively.
The Mining index lost 0.40 points (1,67 percent) compared to week ending 2 October 2015.
Online Reporter
Londile Moyo