GOVERNMENT must develop industries that beneficiate exports and promote import substitution in order to boost the country’s earnings, Old Mutual Securities (OMSEC) has said. Zimbabwe exports largely unprocessed goods, which analysts say results in less earnings for the country, desperately in need of foreign currency. “…the bulk of these exports remain largely unprocessed and relate to primary mining output,” OMSEC said. “We reckon that developing value added industries would increase export value and the development of import substitution industries within the agricultural sector would go a long way in reversing the trade deficit,” the advisory firm said. It said the growth in exports cannot be attributed to export incentives alone, but other government policy measures not limited to de-regularisation for…