Bulls n Bears Investors Notebook Issue 448: 24 February 2020

Mon Feb 24 03:32:40 CAT 2020

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Bulls n Bears Investors Notebook Issue 448: 24 February 2020

 <http://www.nicozdiamond.co.zw/> 

Bulls 'n Bears Investors Diary: Today's Events

Robert Mugabe National Youth Day

Friday February 21

Quotable Quote:

Relations are all about: Winning, Losing & Sharing.
Winning Trust, Losing ego

RBZ confronts vestiges of USD

The Reserve Bank of Zimbabwe (RBZ) is devising strategies to entrench
de-dollarisation in the informal sector where most transactions are being
done in US dollars. The central bank's Monetary Policy.
<http://www.bulls.co.zw/2020/02/24/rbz-confronts-vestiges-of-usd/> Read more
>

Mangudya under fire over currency

The collapse of the Zimbabwe dollar and government's denial that the country
is dollarising will precipitate a collapse of the economy, a local
securities firm has warned. According to a.
<http://www.bulls.co.zw/2020/02/24/mangudya-under-fire-over-currency/> Read
more >

For more business & financial updates log onto <http://www.bulls.co.zw/>
www.bulls.co.zw

'Mthuli Ncube has no authority to backdate tax'

LEGAL think tank Veritas has said Finance minister Mthuli Ncube, who
recently exempted Chinese telecommunications giant Huawei Technologies from
paying income tax, has no jurisdiction to backdate tax. Two weeks.
<http://www.bulls.co.zw/2020/02/24/mthuli-ncube-has-no-authority-to-backdate
-tax/> Read more >

Zim launches Twalumba travel/tourism awards

THE Ministry of Environment, Climate, Tourism and Hospitality Industry has
launched new national tourism awards, Twalumba Travel and Tourism, aimed at
stimulating individual and collective efforts in pursuit of growth.
<http://www.bulls.co.zw/2020/02/24/zim-launches-twalumba-travel-tourism-awar
ds/> Read more >

NetOne CEO Lazarus Muchenje Suspended

The second largest MNO in Zimbabwe by number of subscribers, NetOne has
suspended its CEO, Lazarus Muchenje. The development is mind boggling to say
the least considering that Muchenje has.
<http://www.bulls.co.zw/2020/02/24/netone-ceo-lazarus-muchenje-suspended/>
Read more >

 <http://www.nedbank.co.zw/> 

Zisco boss Gowo retires

Ziscosteel chief executive Mr Alois Gowo has retired from the parastatal
after serving for 35 years. Zisco acting board chair Dr Gift Mugano
confirmed the retirement and said works executive.
<http://www.bulls.co.zw/2020/02/24/zisco-boss-gowo-retires/> Read more >

Entrepreneurship expo brings together business

Hundreds of businesspersons are expected to attend the inaugural
entrepreneurship expo set for Harare on February 29 which is being organised
by the Zimbabwe African Entrepreneur Association (ZAEA). ZAEA founding.
<http://www.bulls.co.zw/2020/02/24/entrepreneurship-expo-brings-together-bus
iness/> Read more >

 <mailto:info at bulls.co.zw> 

'US$ fuel won't jeopardise de-dollarisation'

The licensing of more service stations to sell fuel in foreign currency will
not jeopardise de-dollarisation, but will increase options for motorists and
help bring more forex from free funds.
<http://www.bulls.co.zw/2020/02/24/us-fuel-wont-jeopardise-de-dollarisation/
> Read more >

NTS volumes fall 37 percent

Zimbabwe Stock Exchange listed tyre manufacturing and retailing concern,
National Tyre Services, recorded a 37 percent volumes fall for the third
quarter to December 31, 2019 as compared to overall.
<http://www.bulls.co.zw/2020/02/24/nts-volumes-fall-37-percent/> Read more >

Rentals, electricity charges tame inflation

The Zimbabwe National Statistics Agency (Zimstat) last week released January
2020 month-on-month inflation figures showing a significant slowdown at the
rate at which prices for goods and services in the.
<http://www.bulls.co.zw/2020/02/24/rentals-electricity-charges-tame-inflatio
n/> Read more >

Housing provision tops Gvt priorities

Government is prioritising the welfare of citizens through provision of
affordable, safe and secure housing, security of tenure and access to social
safety nets, a Cabinet minister has said. Public.
<http://www.bulls.co.zw/2020/02/24/housing-provision-tops-gvt-priorities/>
Read more >

Zim adopts low sulphur fuel

Zimbabwe has adopted low sulphur fuels as the continent presses ahead with
the migration towards cleaner fuels to reduce pollution. So far, only 15
countries out of 54 on the.
<http://www.bulls.co.zw/2020/02/24/zim-adopts-low-sulphur-fuel/> Read more >

$12,6bn loans not enough, say experts

ZIMBABWE's banking sector advanced an incremental $12,6 billion across
different sectors of the economy in 2019, but business analysts say the
amount was not adequate to meet industry needs. Limitations.
<http://www.bulls.co.zw/2020/02/24/126bn-loans-not-enough-say-experts/> Read
more >

INVESTORS DIARY 2020

Company

Event

Venue

Date & Time

Robert Mugabe National Youth Day

Friday February 21

Hippo

AGM

Meikles

Feb 26, 12pm

Cafca

AGM

54 Lyton Road, Workington

Feb 27, 12PM

ART

AGM

202 Seke Road, Graniteside

Feb 27, 2:30pm

GetBucks

Conference Room 1, Monomotapa Hotel

Mar 03, 8:30am

Powerspeed

AGM

Boardroom, Powerspeed Complex, Corner Cripps and Kelvin Road North,
Graniteside

Mar  05, 11am

REST OF AFRICA

Counters Trading Under Cautionary

 Bindura Nickel Corp

CBZH

Dawn

Delta

Falgold

Fidelity

MedTech

Meikles

Turnall

Unifreight

Post your event (AGM, EGM, Analysts Briefing, etc) on the Investor Diary
free of charge and reach out to the market. We have annual gold prices since
1900, monthly since January 1971 and daily prices since January 2000. We
also provide historical ZSE prices on request.

DISCLAIMER: This report has been prepared by Bulls 'n Bears, a division of
Faith Capital (Pvt) Ltd for general information purposes only and does not
constitute an offer to sell or the solicitation of an offer to buy or
subscribe for any securities. The information contained in this report has
been compiled from sources believed to be reliable, but no representation or
warranty is made or guarantee given as to its accuracy or completeness. All
opinions expressed and recommendations made are subject to change without
notice. Securities or financial instruments mentioned herein may not be
suitable for all investors. Securities of emerging and mid-size growth
companies typically involve a higher degree of risk and more volatility than
the securities of more established companies. Neither Faith Capital nor any
other member of Bulls 'n Bears nor any other person, accepts any liability
whatsoever for any loss howsoever arising from any use of this report or its
contents or otherwise arising in connection therewith. Recipients of this
report shall be solely responsible for making their own independent
investigation into the business, financial condition and future prospects of
any companies referred to in this report. Other  Indices quoted herein are
for guideline purposes only and sourced from third parties.

Invest Wisely!

Bulls n Bears 

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