Market report: Zim’s exports up 36 percent in 2017

by Sunday News Online | Sunday, Feb 11, 2018 | 480 views

export

ZIMBABWE’s exports grew 36 percent to $3,8 billion in 2017 compared to $2,8 billion achieved in 2016 driven by the Reserve Bank’s export incentives.

Following a dip in the country’s export receipts, the Reserve Bank of Zimbabwe (RBZ) introduced $200 million and $300 million export incentive schemes in 2016.

ALL SHARE

The All Share index closed the week marginally lower at 90.05 points following a 0.01 points (0,01 percent) loss. British American Tobacco led the losers with a $0,5463 decrease to close at $24,4537; Meikles eased $0,0050 to $0,3000 while Axia was $0,0018 weaker at $0,1800.

Old Mutual put on $0,0564 to end at $5,3564, Innscor rose by $0,0156 to $0,8419 while Econet and Seedco both inched up by $0,0001 to settle at $0,7000 and $1,9500 respectively.

WEEK ON WEEK CHANGES
-All Share Index shed 0.92 points (1,01 percent).
-Industrial Index eased 2.96 points (0,97 percent).
-Top 10 Index shed 1.04 points (1,15 percent).
-Mining Index eased up 2.23 points (1,71 percent).

 

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