As is the practice everywhere and Central Bank stipulation coupled with the agreement reached by the Banker’s Committee ,the following activities will be covered by the SMIEIS:

1. Agro-allied
2. Information technology and telecommunications
3. Manufacturing
4. Educational Establishments

Services(excluding and insurance)

1. Tourism and leisure
2. Solid Minerals
3. Construction
4. Any activity that may be determined from time to time by the Banker’s Committee.

ACTVITIES NOT COVERED BY SMIEIS

In line with international practices Banks will not invest SMIEIS funds in entities whose principal business involve or comprise the manufacture or supply of,or any activities in the following sectors:

1. Tobacco and Tobacco products
   
2. Armament production or where 25% or more of the total production output or
3. Turnover of the investor company is derived from military related purposes.
4. Beverages with alcoholic content exceeding 15%
5. Casino or companies where the principal source of income is gambling
6. Speculative investment in real estate or commodities
7. Banking ,insurance or financial services