The Sunday News
FINANCE and Economic Development Minister Cde Patrick Chinamasa presents the 2015 national budget on Thursday which analysts say must provide stimulus to attract investment and improve the ease of doing business in the country.The national budget gives an overview of how the Government intends to manage its income and expenditure for next year.
It also proffers new policies that the country needs to explore in the year aimed at either raising money to spend or giving financial reprieve to companies and individuals.
Analysts said the market was starved of positive news to stimulate trade hence traders and investors were hoping the budget would provide the right tonic to re-ignite interest.
Meanwhile, the Industrial index closed the week on Friday lower at 170.49 points after losing 0.68 points (0,40 percent).
FBC was down five cents to close at seven cents, Pioneer lost a cent to trade at two cents while RTG eased 0,40 cents to 1,20 cents.
Hunyani was the only counter to trade in the positive after gaining 0,30 cents to settle at 4,50 cents.
The Industrial index lost 3.61 points (2,07 percent) compared to week ending 14 November 2014.
The Mining index added 1.21 points (1,90 percent) to 65.00 points, after Hwange surged 0.99 cents to close at 7,99 cents. Bindura, Falgold and RioZim were unchanged at 5,09 cents, four cents and 16 cents respectively.
The Mining index gained 1.12 points (1,75 percent) compared to week ending 14 November 2014.
