Bulls n Bears Investors Notebook : 10 November 2021

Wed Nov 10 08:16:01 CAT 2021

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Bulls n Bears Investors Notebook : 10 November 2021

 <https://www.cbz.co.zw/> 

Bulls 'n Bears Investors Diary: Today's Events

Quotable Quote:

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

DPC to compensate small depositors

THE Government has availed, through Kuvimba Mining House, US$400 000 to the
Deposit Protection Corporation (DPC) for the compensation of small
depositors. The funding is meant to compensate the small .
<https://bullszimbabwe.com/dpc-to-compensate-small-depositors/> Read more >

Zim banks overwhelmed

ZIMBABWE'S banking system has been overwhelmed by rocketing demand for
United States dollars on the foreign currency auction system, the central
bank said on Tuesday, as it moved to adjust .
<https://bullszimbabwe.com/zim-banks-overwhelmed/> Read more >

For more business & financial updates log onto
<http://www.bullszimbabwe.com> www.bullszimbabwe.com

Lobby groups advocate for wealth tax

ZIMBABWE Fight Inequality Alliance, a coalition of 18 lobby groups, is
advocating for government to introduce wealth tax to address economic
inequality and developmental deficits in the country. In its .
<https://bullszimbabwe.com/lobby-groups-advocate-for-wealth-tax/> Read more
>

Simbisa unveils new purchase app

The InnBucks mobile application will enable customers to load money in US
dollars at till points into their wallets. FAST food restaurant operator,
Simbisa Brands has unveiled a new service .
<https://bullszimbabwe.com/simbisa-unveils-new-purchase-app/> Read more >

 <mailto:info at bulls.co.zw> 

Accolades up for grabs at Capital Markets Awards

A total of 16 local capital markets players will today walk away with
accolades at the inaugural Capital Markets Awards that are being hosted by
Business Weekly in partnership with .
<https://bullszimbabwe.com/accolades-up-for-grabs-at-capital-markets-awards/
> Read more >

Natfoods sees output growth

National Foods says it will ramp up production and expand its market share
driven by a new flour mill that will be installed to replace the existing
plant at its . <https://bullszimbabwe.com/natfoods-sees-output-growth/> Read
more >

Meikles upscales climate proof measures

CONGLOMERATE, Meikles Limited, says it is upscaling its climate
sustainability efforts as they have a direct bearing on the group's
operations, especially the agriculture segment. This comes as climate change
. <https://bullszimbabwe.com/meikles-upscales-climate-proof-measures/> Read
more >

Hoteliers appeal for bail out

Zimbabwe's tourism industry has appealed to the Government for a stimulus
package to drive recovery from the negative impacts of the Covid-19
pandemic. The tourism and hospitality sector was the .
<https://bullszimbabwe.com/hoteliers-appeal-for-bail-out/> Read more >

'We'll not adopt cryptocurrency'

Finance and Economic Development Minister Mthuli Ncube has already openly
said cryptocurrency would not beused as a currency in Zimbabwe. The
Government has denied reports that it was contemplating adopting .
<https://bullszimbabwe.com/well-not-adopt-cryptocurrency/> Read more >

RBZ amends forex auction rules

The freezing of bank and mobile money accounts and the blacklisting for two
years are part of the RBZ's efforts toclamp down on the black market by
removing the middlemen. .
<https://bullszimbabwe.com/rbz-amends-forex-auction-rules/> Read more >

Agric sector hits US$8,2bn target

The agriculture sector has already hit the initial 2025 target of US$8,2
billion a year as the industry grew by 36,2 percent to US$8,19 billion in
2021, Lands, Agriculture, Fisheries, .
<https://bullszimbabwe.com/agric-sector-hits-us82bn-target/> Read more >

Harare hikes rates

Harare City Council has proposed rate hikes that will see an average
high-density suburban householder paying $2 387 a month, up from the present
$1 736, from January for basic .
<https://bullszimbabwe.com/harare-hikes-rates/> Read more >

NRZ restructuring exercise bears fruit

THE National Railways of Zimbabwe (NRZ) says the ongoing restructuring
exercise is bearing fruit as evidenced by the ability to clear a nine-year
salary backlog and meet operating expenses on .
<https://bullszimbabwe.com/nrz-restructuring-exercise-bears-fruit/> Read
more >

Telecoms sector appeals for tax reduction

ZIMBABWE'S Mobile Network Operators (MNOs) have appealed to the Government
to reduce multiple taxes levied on the telecommunications industry to
enhance operational viability and new investments. In a virtual address .
<https://bullszimbabwe.com/telecoms-sector-appeals-for-tax-reduction/> Read
more >

CZI annual congress kicks off

THE Confederation of Zimbabwe Industries (CZI) annual congress begins in
Harare today with delegates seeking to align and reach consensus on the
complementary business and policy imperatives towards achieving industrial .
<https://bullszimbabwe.com/czi-annual-congress-kicks-off/> Read more >

INVESTORS DIARY 2021

Company

Event

Venue

Date & Time

Bindura

AGM

virtual

September 29 - (9am)

National Unity Day

December 22

Christmas Day

December 25

Boxing Day

December 26

Public Holiday in lieu of Boxing Day falling on a Sunday

December 27

REST OF AFRICA

Counters Trading Under Cautionary

ART

PPC

Zimre

Starafrica

Fidelity

Turnall

Medtech

Nampak Zimbabwe

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.

 Invest Wisely!

Bulls n Bears 

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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.

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