Embrace plastic money to end bank queues

THE sight of people queuing at banks so that they can access their money is distressful. What are the monetary authorities not doing right to bring this problem to an end?

There are many people who are now transacting using plastic money and of course the bond notes have been with us since November last year. So where is the problem Dr John Mangudya and your colleagues in the banking sector? Time to put this money issue behind and move on.

Meanwhile, the Industrial Index retreated 0.48 points (0,34 percent) to settle at 140.44 points on Friday. Delta was the only counter which traded in the negative losing $0,0125 to close at $0,8800. African Sun, Axia, Fidelity Life and Proplastics traded unchanged at $0,0120, $0,0700, $0,1100 and $0,0500 respectively.

Nampak put on $0,0028 to close at $0,0270 while Hippo added $0,0025 to trade at $0,3675.

The Industrial index shed 0.70 points (0,50 percent) compared to week ending 27 January 2017.

The Mining index was up 0.14 points (0,25 percent) to close at 56.03 points. RioZim advanced by $0,0018 to $0,3250. Bindura, Falgold and Hwange remained unchanged at previous trading levels at $0,0344, $0,0600 and $0,0300 respectively.

The Mining index lost 0.09 points (0.16 percent) compared to week ending 27 January 2017.