The Sunday News
THE 10 point plan presented by President Mugabe recently can re-energise investors to focus their money of priority areas identified by the Government, economic watchers have said.
They noted that the plan clearly shows in which direction the Government intended to steer the economy making it easy for investors to work hand in hand with the Government.
The Ten Point Plan consists of
1 Revitalising agriculture and the agro-processing value chain
2 Advancing Beneficiation and/or Value Addition to the agricultural and mining resource endowment
3 Focusing on Infrastructure development, particularly in the key Energy, Water, Transport and ICTs subsectors
4 Unlocking the potential of Small to Medium Enterprises
5. Encouraging Private Sector Investments
6 Restoration and building of confidence and stability in the financial services sector
7 Promoting joint ventures and public private partnerships to boost the role and performance of State owned companies
8 Modernising Labour Laws
9 Pursuing an Anti-Corruption Thrust
10 Implementation of Special Economic Zones to provide the impetus for foreign direct investment
Meanwhile, the Industrial index closed the week on Friday lower at 134.85 points after losing 0.62 points (0,46 percent). Econet put off $0,0098 to trade at $0,2702, Meikles was down $0,0087 to $0,1100 and Delta eased $0,0026 to close at $0,8474. Ok Zimbabwe decreased by $0,0020 to settle at $0,0700 while First Mutual was 0,0013 weaker at 0,0200.
However, Padenga was up $0,0040 to trade at $0,0940 and NMB improved by $0,0001 to $0,0361.
Week on week Industrial index retreated 0.68 points (0,50 percent)
The Mining index was flat at 32.97 points. Bindura, Falgold, Hwange and Rio Zim maintained previous price levels at $0,0250, $0,0040, $0,0340 and $0,1200 in that order.
Week on week Mining index lost 2.37 points (6,71 percent)
