The Sunday News
THE Ministry of Foreign Affairs and International Trade is taking part in the second session of the Zimbabwe-Botswana Bi-National Commission (BNC) with the focus to strengthen economic ties between the two countries.
Zimbabwe is looking to increase its exports to regional markets, including Botswana, in line with trade promotion body, ZimTrade’s 2020-2023 Strategy.
The second session of BNC will be held in Maun, Botswana from February the 25th to the 28th.
Botswana is one of Zimbabwe’s traditional trading partners.
However, recent trade statistics between the two countries shows that local companies have not been fully servicing the market, despite proximity to that country.
The All Share index ended the short week on a lower note, after dropping 17.36 points (3,46 percent) to close at 485.05 points as the heavy weight counters continued to lose ground. Old Mutual further retreated by $3,6141 to trade at $44,0004, Delta lost $0,5194 to close at $7,5311 and Econet eased $0,3136 to settle at $3,0456. Other counters to lose ground were Cassava Smartech which traded $0,2979 lower at $3,0356 and OK Zimbabwe which lost $0,2044 to end at $2,0881. Trading in the positive was Cafca Limited which added $1,6500 to close at $9,9300, TSL Limited which advanced by $0,2400 to trade at $1,4500 and Bindura which gained $0,0862 to close at $0,5202. Powerspeed Limited ended $0,0708 higher at $0,4260 and Art Corporation traded $0,0460 higher at $0,3000.
