A Premier Source for Zimbabwe Economic Information
CESPA CEO Dr. Nota will be travelling to several cities in India to explore business partnerships between June 2nd and June 25th, 2011. Among other cities he will visiting Bangalore, New Delhi and the state of Odisha
The Center for Economic and Social Policy Analysis is pleased to welcome Ms. Mufaro Kanyangarara as an Analyst.
Mufaro is a graduate of Harvard School of Public Health where she earned a MSc. in Biostatistics and she also holds a B.S. in Applied Statistics from Mt. Holyoke College.
As an Analyst, Mufaro's primary responsibilities at the CESPA include data management and anlysis; creating new and enhancing existing strategic partnerships; and increasing local and global awareness through marketing, communication and outreach strategies.
The industrial index added 1.06 points (0.66%) to close at 162.77 points as heavyweight counters led the movers. ECONET ended 2 cents higher at 503 cents, INNSCOR rose a cent to trade at 60 cents and DELTA closed at 82 cents following 0.86 cents increase. HUNYANI and TPH were 0.50 cents firmer at 4.50 cents and 9.50 cents respectively. The shakers included MEIKLES which was 2.30 cents lower at 42 cents and HIPPO which shed 2 cents to trade at 105 cents. ASTRA and AFRE both closed at 4 cents after shedding a cent and a 0.50 cents whilst CAIRNS slipped 0.20 cents to close at 1.50 cents.
Total deposits in the banking system increased from US$1.4 billion in January to US$2.1 billion in November 2010. There are now a total of 114 Microfinance banks in Zimbabwe.
Manufacturing sector capacity utilization improved to 43.7% in the first half of 2010 compared to 32.3% for the same period in 2009. Improvements in the agriculture sector are also expected to stimulate manufacturing activity.
In 2011, tobacco output is expected to increase to between 170 and 200 million kgs on the back of increased hectarage. We estimate that above 100 000 hectares of tobacco will be planted in 2011.