adminINVESTORS must take a cue from many European countries and others that used to be hostile and critical that are now beginning to engage Zimbabwe as this was a sign that the country was now pre-occupied with the growth of its economy. Market analysts said re-engagement efforts with countries such as France and Britain was a green signal that the country had turned the corner and many trading partners were beginning to embrace its polices and ready to engage in serious business.
Zimbabwe has been playing host to a number of business delegations from EU countries who expressed willingness to invest in the country.
Meanwhile, the Industrial index lost 1.00 point (0,60 percent) to close at 165.59 points on the back of widespread losses. Delta, FBCH and Innscor shed a cent each to close at 114 cents, 7 cents and 58 cents respectively. Fidelity Life dropped 0,50 cents to close at five cents and Turnall retreated by 0,10 cents to trade at 1,40 cents. SeedCo was the only counter in the positive territory after adding 0,50 cents to trade at 105,50 cents.
The Industrial index went down by 1.57 points (0,94 percent) compared to week ending 27 February 2015.
The Mining index was flat at 54.70 points.
Bindura, Falgold, Hwange and RioZim were unchanged at five cents, one cent, 4,10 cents and 10 cents in that order.
Week on week the Mining index slipped 0.68 points (1,23 percent).
Online Reporter