Major International Business Headlines Brief::: 03 December 2018

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Major International Business Headlines Brief::: 03 December 2018

 


 

 


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*  IMF agrees new loan programme for Sierra Leone

*  South Africa's Naspers H1 profit jumps, Tencent robust

*  Egypt to stop discounted customs exchange rate for some imports

*  Four Libyan oil export ports reopen after closures for bad weather

*  Iluka resumes operations at Sierra Leone rutile mine as strike ends

*  Tanker docked at two Libyan ports closed last week due to bad
weather-engineer

*  South African Eskom implements power cuts for second day

*  Rwanda's economy to grow 7.2 percent this year - IMF

*  Nigeria's Diamond Bank in talks to raise medium-term funding

*  South Africa's rand steady, eyes on Trump-Xi meeting

*  Asia markets jump after US and China agree to trade truce

*  Tribune Media and Nexstar in $4.1bn local TV takeover

*  Microsoft beats Apple for biggest market value

*  Danish firm claims first biofuel commercial sea voyage

 

 

 

 

 


 <mailto:info at bulls.co.zw> 

 


 

                                      

IMF agrees new loan programme for Sierra Leone

FREETOWN (Reuters) - The International Monetary Fund (IMF) board has
approved a new $172 million loan programme for Sierra Leone to help the West
African country combat rising inflation and lacklustre economic growth.

 

The 43-month agreement follows a previous $240 million financing plan that
was suspended in February over foot-dragging on reforms such as taxing
luxury car imports, and removing subsidies on fuel and rice.

 

“The objectives of the previous program remain appropriate, but
circumstances call for a recalibration,” the IMF said in statement.

 

“The main objectives of the current program are to safeguard macroeconomic
stability, deepen structural reforms, and advance the country’s education
for development and poverty reduction agendas.”

 

Representatives of Sierra Leone’s finance ministry and central bank did not
immediately respond to requests for comment.

 

After recovering from a civil war ending in 2002, the country saw impressive
growth but its economy was then battered by an Ebola epidemic and falling
commodity prices. Economic growth has declined from 6.3 percent in 2016 to
an estimated 3.75 percent this year.

 

The IMF has reclassified Sierra Leone as a “high risk” for debt distress as
a result of the economic slowdown.

 

As a part of its deal with the Fund, the finance ministry and central bank
have signed a memorandum of understanding that the new government, elected
in April, will cooperate with IMF conditions in terms of budget spending and
accounting.    

 

“The economic environment remains challenging, with output growth still
recovering from the recent loss in iron ore mining and reduced activity in
the non-mining sectors,” IMF representative Brian Aitken said during a visit
to Sierra Leone in October.

 

Aitken added that Sierra Leone’s growth is unlikely to pass 4 percent this
year, warning that inflation remained high at 18 percent.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


 <mailto:info at bulls.co.zw> 

 


 

South Africa's Naspers H1 profit jumps, Tencent robust

JOHANNESBURG (Reuters) - South African media and e-commerce giant Naspers
reported a 39 percent jump in half-year profit on Friday, thanks to a strong
performance in its investment in China’s Tencent.

 

Naspers, which owns about a third of Tencent, said core headline earnings
came in at $1.7 billion, or 385 cents per share, in the six months ended
September compared with $1.2 billion, or 277 cents per share, a year
earlier.

 

Core headline EPS is Naspers’ main profit measure that strips out
non-operational and one-off items.

 

Tencent’s contribution to core headline EPS of $1.8 billion helped offset
weakness at the company’s other businesses that include e-commerce platforms
MakeMyTrip and Delivery Hero.

 

Founded more than 100 years ago in Stellenbosch, South Africa, Naspers has
transformed itself from a newspaper publisher into a $87 billion empire but
it owes all of that valuation to its one-third stake in Tencent.

 

The stake has become not just a moneyspinner for the group but also a
headache as it dwarfs Naspers’ own market capitalisation by 40 percent.

 

Share in Naspers rose 1.1 percent to 2,280 rand as of 1348 GMT.

 

 

Egypt to stop discounted customs exchange rate for some imports

CAIRO (Reuters) - Egypt is set to end a discounted customs exchange rate in
December for imports of goods that are considered non-essential, the finance
minister said on Friday.

 

Egypt began setting a monthly fixed customs exchange rate in January last
year, following the flotation of its pound currency in November 2016.

 

In recent months the customs rate for all goods had been set at 16 Egyptian
pounds to the dollar. On the currency market, Egypt’s pound has held steady
in a narrow range of 17.78 to 17.98 to the dollar over the last six months.

 

>From Dec. 1 the rate for strategic and essential goods will remain at 16,
while the rate for non-essential goods will be set as the average exchange
rate listed by the central bank during the preceding month, Finance Minister
Mohamed Maait said in a statement carried by state news agency MENA.

 

The non-essential goods include tobacco products, alcohol, pet food and
cosmetics, the statement said.

 

Some goods, such as mobile phones and computers that are exempt from customs
taxes, goods including furniture and shoes that are manufactured locally,
and cars and motorbikes, will also be subject to the new rate.

 

Industrial and agricultural raw products will still be imported at the
discounted rate, according to the finance minister’s statement.

 

 

 

Four Libyan oil export ports reopen after closures for bad weather

BENGHAZI, Libya/LONDON (Reuters) - Four Libyan oil export ports that were
closed last week because of bad weather have reopened, a Libyan shipping
source and port engineers said on Sunday.

 

Tankers were docking at the eastern Ras Lanuf, Es Sider, Zueitina and Brega
ports as well as the western Zawiya terminal linked to the El Sharara field,
they said.

 

On Friday state oil company NOC said bad weather had forced shutdowns at the
Ras Lanuf, Es Sider, Zueitina and Zawiya terminals.

 

Only the western Mellitah port remained closed because of bad weather, the
shipping source said.

 

NOC could not be reached for immediate comment.

 

The company had said on Friday that production was down by 150,000 barrels
per day (bpd), with a a further drop of 50,000 bpd expected because of a
lack of storage capacity. Storage tanks at Es Sider are expected to fill
within two days.

 

Production from the country’s Sharara oilfield, which exports crude from
Zawia, is expected to fall by 150,000 bpd if the bad weather persists, NOC
said on Friday.

 

Libyan oil production recently hit a five-year high of about 1.3 million
bpd.

 

 

Iluka resumes operations at Sierra Leone rutile mine as strike ends

FREETOWN (Reuters) - Mineral sands miner Iluka Resources resumed operations
at its Sierra Leone project, Sierra Rutile, on Friday, after workers ended a
strike that had stalled work for the last eight days, a senior union
official told Reuters.

 

The strike was the second in the past month to hit Sierra Rutile, one of
Sierra Leone’s largest companies, following a week-long stoppage in October
that led Iluka to cut its output forecast of rutile, which is used to make
white pigment and titanium metal.

 

Henry Samai, vice president of the worker’s union, said operations resumed
on Friday after negotiations in Freetown with government and Iluka
representatives in the preceding days.

 

On Wednesday, Iluka said it was expecting mining to restart at Sierra Rutile
in the wake of the talks.

 

“The impact on Iluka’s rutile production and sales commitments will be
dependent on the time required to return to full operations but is likely to
be around the low end of the guidance range of 125,000–130,000 thousand
tonnes,” it said in a statement.

 

Sierra Rutile, a wholly-owned subsidiary of Australia-based Iluka, produces
rutile, ilmenite and zircon from one of the world’s largest rutile deposits.

 

 

Tanker docked at two Libyan ports closed last week due to bad
weather-engineer

BENGHAZI, Libya (Reuters) - A tanker first docked at Libya’s Ras Lanuf oil
port and then later went to the Zueitina port, a port engineer said on
Sunday.

 

On Friday, state oil firm NOC said bad weather had forced the shutdown of
Ras Lanuf, Zueitina and two other oil export ports.

 

NOC could not be immediately reached for comment.

 

 

 

South African Eskom implements power cuts for second day

JOHANNESBURG (Reuters) - South Africa’s struggling power firm Eskom
implemented controlled power cuts on Friday for the second day in a row, as
unplanned outages of some generating units put the power system under
strain.

 

State-run Eskom said it would rotationally shed up to 2,000 megawatts of
power from the grid from 0900 local time (0700 GMT), likely until 2200 local
time (2000 GMT).

 

On Thursday it shed 1,000 megawatts nationwide.

 

Eskom has been battling to recover from a severe financial crisis,
compounded by coal shortages and poor power station performance.

 

President Cyril Ramaphosa has made reforming Eskom a priority since taking
office in February, but he has been hampered by fiscal constraints and
infighting in the ruling African National Congress.

 

Eskom said on Wednesday that it expected to make a loss before tax of more
than 11.2 billion rand ($820 million) in the current financial year.
[nL8N1Y322W]

 

($1 = 13.6629 rand)

 

 

Rwanda's economy to grow 7.2 percent this year - IMF

KIGALI (Reuters) - The International Monetary Fund (IMF) said it expected
Rwanda’s economy to grow a projected 7.2 percent this year, up from 6.1
percent last year.

 

“Growth averaged 8.6 percent in the first half of 2018 and, despite a
temporary deceleration in Q2, remains in line with projections for 7.2
percent for the year,” it said in a statement late Friday.

 

The east African nation’s economic growth in the medium term was expected to
remain at, or higher than, historical averages, based on tourism, new mining
operations, more resilient agriculture, new and more diversified exports and
the construction of a new airport.

 

External balances and foreign reserve continued to improve, while the
financial sector remains healthy, it said.

 

Over two decades after the 1994 genocide, Rwandan president Paul Kagame has
been hailed for the economic recovery but rights groups say he has muzzled
independent media and suppressed opponents. The government rejects the
criticism.

 

 

 

Nigeria's Diamond Bank in talks to raise medium-term funding

LAGOS (Reuters) - Nigeria’s Diamond Bank is in talks with a multilateral
agency to raise medium-term funding over a 5-year period and will repay a
$200 million Eurobond due in May on maturity from its own cash and other
sources, the mid-tier lender said on Friday.

 

The bank said it has completed due diligence and agreed indicative terms
with the agency, which it declined to name.

 

Diamond Bank shares, which have been in freefall this month, dropped 3
percent on Friday to a new record low of 0.65 naira each.

 

 

 

South Africa's rand steady, eyes on Trump-Xi meeting

JOHANNESBURG (Reuters) - South Africa’s rand steadied against the dollar in
early trade on Friday, with investors cautious ahead of a crucial weekend
meeting between the Chinese and U.S. presidents that could determine the
course of a heated trade war over the next year.

 

At 0630 GMT, the rand traded at 13.6600 per dollar, not far off its New York
close of 13.6575 on Thursday.

 

The currency opened at 13.6700 a dollar.

 

Investor attention is on planned talks between Chinese President Xi Jinping
and his U.S. counterpart Donald Trump over the weekend on the sidelines of a
G20 summit in Argentina.

 

“Markets will likely be waiting for indications of an agreement between the
U.S. and China, in an effort to avoid an escalation in the trade war.
Liquidity is likely to be limited at month-end,” Nedbank analysts wrote in a
note.

 

Locally, focus on October trade and budget balance numbers due later in the
day.

 

 

 

Asia markets jump after US and China agree to trade truce

Asian markets jumped after the presidents of China and the US reached a
temporary truce in their trade war.

 

At the G20 summit, Donald Trump and Xi Jinping agreed to halt new trade
tariffs for 90 days to allow for talks.

 

An escalating trade war between the world's two largest economies has
weighed on markets generally.

 

The US and China have imposed tariffs on billions of dollars worth of one
another's goods, posing risks to global trade and the world economy.

 

In China, Hong Kong's Hang Seng index jumped 2.7% and the Shanghai Composite
index rallied 2.9%. Japan's Nikkei 225 index rose 1.4%.

 

"I do not think market consensus is looking for very significant progress,
this is a temporary truce," Masamichi Adachi, senior economist at JP Morgan
in Japan, said.

 

"Many people suspected that there may be a more disastrous outcome, this is
definitely a relief."

 

The US and China have been embroiled in a trade war this year which has seen
the US hit China with tariffs on $250bn (£195.9bn) worth of goods since
July, and China retaliate with duties on some $110bn of US goods over the
same period.

 

The US has said the tariffs are in response to China's "unfair" trade
practices and accuses it of intellectual property theft.

 

The Trump and Xi deal: A temporary truce

US-China trade row: What has happened so far?

A quick guide to the US-China trade war

Stakes were high at a meeting between President Trump and President Xi at
last week's G20 summit.

 

Failure to strike a deal would have seen tariffs on $200bn worth of Chinese
goods rise from 10% to 25% at the start of next year, and would have opened
the way for tariffs on additional Chinese goods.

 

What has been agreed?

In a statement, the White House said US tariffs on Chinese goods will remain
unchanged for 90 days, but added: "If at the end of this period of time, the
parties are unable to reach an agreement, the 10 percent tariffs will be
raised to 25 percent."

 

The US said China agreed to "purchase a not yet agreed upon, but very
substantial, amount of agricultural, energy, industrial, and other products
from the United States to reduce the trade imbalance between our two
countries".

 

Both sides also pledged to "immediately begin negotiations on structural
changes with respect to forced technology transfer, intellectual property
protection, non-tariff barriers, cyber intrusions and cyber theft",
according to the White House.

 

Chinese Foreign Minister Wang Yi told reporters after the talks that "the
principal agreement has effectively prevented further expansion of economic
friction between the two countries".

 

He hailed "new space for win-win co-operation", while Chinese state TV said
negotiations would continue.

 

Are tariffs still in place?

Yes. The truce prevents raising tariffs as planned on $200bn worth of
Chinese goods.

 

But it does not remove tariffs that apply to a total of $250bn of Chinese
goods targeted since July.

 

The truce also does not affect the existing duties China has imposed on
$110bn of US goods in a tit for tat retaliation.

 

Will this resolve the dispute?

While the result of the G20 meeting was better than expected, it is unclear
how the two countries will manage to resolve the underlying differences
behind the conflict.

 

"There should be no wishful thinking that the truce would end the trade war
between the world's two largest economies," DBS strategist Philip Wee wrote
in a research note.

 

He said it "remains to be seen if real progress could be achieved during
this narrow window to resolve the contentious issues, not just on trade, but
also intellectual property."

 

Louis Kuijs, head of Asia economics at Oxford Economics, said while the
agreement itself was "positive" the next steps remained unclear.

 

"Whether we will see further de-escalation or whether it is temporary
reprieve continues to be very much up to a political decision in Washington
DC - that will continue to make this uncertain," Louis Kuijs, head of Asia
economics at Oxford Economics said.--BBC

 

 

US, Mexico and Canada agree new trade deal

The deal has been signed after more than a year of talks between the
countries

US President Donald Trump and leaders from Canada and Mexico have signed the
successor to the North American Free Trade Agreement (Nafta).

 

The revised deal has been renamed as the United States-Mexico-Canada
Agreement, or USMCA.

 

Renegotiating Nafta was a key pledge of Mr Trump's 2016 White House
campaign. The US President claimed the update "changes the trade landscape
forever".

 

USMCA will govern more than $1tn worth of trade between the countries.

 

Shortly after the signing, Mr Trump tweeted: "The terrible NAFTA will soon
be gone. The USMCA will be fantastic for all!"

 

The deal comes after more than a year of negotiations between the countries,
with agreement on new car and dairy industry regulations proving
particularly challenging.

 

 

Throughout the start of his presidency, President Trump had repeatedly
threatened to withdraw the US from Nafta, unless he could secure a better
deal.

 

However, after a deal was agreed in principle on 30 September, Mexican
President Pena Nieto hailed it as a "win-win-win."

 

Canadian Prime Minister Justin Trudeau was less enthusiastic about the new
regional trade pact on Friday, but said the USMCA would resolve the threat
of "serious economic uncertainty" that "would have gotten more damaging".

 

In May this year, President Trump slapped increased tariffs on Canadian and
Mexican steel and aluminium coming into the US.

 

Mr Trudeau told Trump at the signing that the two leaders should work
together to reduce those tariffs.

 

Politicians from each country will still need to ratify the USMCA before it
can take effect.

 

The head of the World Trade Organization, Roberto Azevedo, has said the
post-war multilateral trading system is facing its worst crisis.

 

He sounded the alarm in a BBC interview, where he did not name names, but
it's pretty clear that President Trump's combative approach to trade policy
is at the centre of his concerns.

 

The signing of the deal to replace the North American Free Trade Agreement -
even though it still needs to be ratified by all three countries legislators
- does perhaps tick off one item on the list that Mr Azevedo is worrying
about.

 

But there are plenty more. The big one must be the continuing tensions
between the US and China. The two countries have already imposed new tariffs
on one another's goods and the US plans to raise them further in the New
Year.

 

Perhaps President Trump and his Chinese counterpart Xi Jinping will defuse
the situation when they meet at the G20 summit this weekend. But
expectations are not very high.

 

While most analysts expect the deal to win easy approval in Canada and
Mexico, it has received a lukewarm response in the US.

 

Democrats say the new pact does not do enough to protect the environment or
dissuade companies from locating jobs in lower-cost Mexico.

 

Meanwhile, many business groups and some free-trade Republicans still want
to see the White House lift the steel and aluminium tariffs.

 

Despite the criticism, Mr Trump said he expected Congress to ultimately back
the deal.

 

What are some key provisions?

The deal requires 75% of auto content to be made in North America to qualify
for tariff-free treatment. Roughly 40-45% of the content must be made by
workers making at least $16 an hour.

Canada agreed to lift some rules that hindered US exports of dairy products.

There are new sections governing digital trade, including a ban on rules
that would require firms to store data in specific countries.

Pharmaceutical companies won longer patent protections for certain kinds of
medicines.

The three countries committed to review the deal every six years, deciding
whether to extend its 16-year duration.--BBC

 

 

 

Tribune Media and Nexstar in $4.1bn local TV takeover

US media group Nexstar is set to become the country's largest operator of
local TV stations after a deal to buy Tribune Media for about $4.1bn
(£3.2bn).

 

It comes three months after Tribune's sale to Sinclair Group, currently the
largest US local TV operator, failed over regulatory hurdles.

 

Full details were expected to be confirmed on Monday, but the deal was
widely reported in the US on Sunday.

 

Tribune's 42 TV stations reach approximately 50 million households.

 

The Chicago-based company also owns national entertainment cable network WGN
America, whose reach is more than 77 million households, and a number of
websites. It also has a stake in the Food Network.

 

Nexstar, based in Irving, Texas, owns, operates and provides sales and other
services to 174 television stations reaching nearly 39% of all US television
households.

 

Reuters, which first disclosed the deal, said that US private equity Apollo
Global Management had also been in talks with Tribune.

 

Tribune emerged from bankruptcy in late 2012 and completed a spinoff of its
newspaper assets in 2014.

 

More deals

The company's sale to Sinclair fell foul of the US Federal Communications
Commission (FCC) over promises to divest television stations. The regulator
said Sinclair did not "fully disclose facts" over the sale.

 

But that prompted an intervention from President Donald Trump, who tweeted
in July: "So sad and unfair that the FCC wouldn't approve the Sinclair
Broadcast merger with Tribune. This would have been a great and much needed
Conservative voice for and of the People."

 

The news broadcasts of many Sinclair's TV stations are viewed as politically
conservative.

 

More TV broadcasting deals are excepted. Privately held Cox Enterprises
announced in July that it was exploring strategic options, including a
potential sale of broadcast TV stations it owns in cities such as Atlanta,
Boston and Memphis.

 

It is also thought that Sinclair is pursuing other deals, having partnered
with private equity firm CVC Capital Partners to bid for the regional sports
networks that 21st Century Fox is selling following its deal to merge most
of its assets with Walt Disney.--BBC

 

 

 

Microsoft beats Apple for biggest market value

Microsoft has unseated Apple to rank as the world's most valuable listed
company, reclaiming the number one spot after more than 15 years.

 

The software giant ended Friday with a market value of more than $851bn
(£668bn) compared with Apple's $847bn.

 

The two firms have been vying for top place all week, with Apple remaining
ahead at the end of each trading day.

 

But the iPhone maker, which has seen its share price plunge in recent weeks,
finally lost its lead.

 

On Friday, Microsoft shares gained more than 0.6% to close at $110.89, while
Apple shares finished at $178.60, down about 0.5%.

 

Apple's shares have fallen almost 25% since October - more steeply than the
market overall - amid concerns about slowing smart phone demand and the
possibility of additional US tariffs on Chinese-made goods.

 

The sell-off has erased more than $200bn from the firm's market value, which
is calculated by multiplying the share price by the number of traded shares
cited in the firms' most recent quarterly reports.

 

Four reasons that Apple shares have been falling

Why tech is taking a hammering

By many measures - including annual revenue and profit - Apple remains the
bigger company.

 

For now, however, investors are betting that Microsoft's prospects are
brighter.

 

The firm's cloud services unit, which sells to other businesses, has driven
the firm's growth in recent years.

 

Apple, by contrast, depends on consumer spending, which investors are
worried could slow.

 

Daniel Ives, managing director of equity research at Wedbush Securities,
said Microsoft is poised for significant growth, as more companies sign up
for the firm's cloud products.

 

Microsoft boss Satya Nadella is well-positioned to "further transform
[Microsoft] into a cloud behemoth over the coming years," he wrote in a
research note.

 

Microsoft flourished in the 1990s and ranked as the world's most valuable
company in the early 2000s.

 

But the firm took a hit after a landmark anti-trust case and fell farther
out of favour as mobile phones emerged to challenge desktop computers.

 

In 2010, Apple overtook Microsoft as the most valuable technology firm.

 

The iPhone maker unseated Exxon Mobil for the overall number one spot for
the first time in 2011, and has held the title largely uninterrupted since.

 

It became the first trillion dollar company in the US this summer, but lost
that distinction this autumn as its share price started to plunge.--BBC

 

 

 

Danish firm claims first biofuel commercial sea voyage

As things stand, the vast majority of ocean-going vessels that transport
goods across the globe run on what is known as "heavy fuel oil".

 

It is thick, black and cheap.

 

Dirk Kronemeiier describes it as the "dirtiest fuel ever invented by
mankind."

 

He believes his biofuel company, Good Fuels, has developed part of the
solution to cutting the shipping industry's huge carbon footprint.

 

Shipping is estimated to contribute more than 2% of global carbon dioxide
emissions. However, as global trade grows, that figure is expected to rise.

 

The UN body that regulates shipping, the International Maritime Agency, says
the industry needs to cut total CO2 emissions by 50% by 2050.

 

Mr Kronemeiier describes his company's biofuel as "a game changer" because
existing ships do not need to be modified to run on it.

 

Over three years, bioengineers at his Dutch company developed the fuel,
which is made from used cooking oil, but could also be made from urban waste
or forest residue.

 

When burnt, the fuel produces carbon dioxide. But the firm says this is
offset by the fact that the fuel is made from organic material, which has
absorbed a similar amount of the gas at a previous stage.

 

It is therefore deemed to be mostly carbon neutral.

 

The company says its fuel has been certified by independent experts and is
sustainable. It says it would never use controversial materials such as
palmoil.

 

Shipping first

In September a ship belonging to the Danish company D/S Norden travelled
from the Netherlands to Estonia, powered solely by the biofuel.

 

The company says this is the first time that an ocean-going vessel has made
such a voyage.

 

D/S Norden's chief executive, Jan Rindbo, plans to start offering
carbon-neutral shipping to his customers early next year.

 

"The beauty of this is that we can take existing ships and burn this
biofuel," he says.

 

Mr Rindbo says powering his ships on biofuel is more expensive than the
traditional heavy fuel oil.

 

But new restrictions, which take effect in 2020, mean shipping companies
will no longer be able to use the cheapest, sulphur-rich type of shipping
oil, and so biofuels will become more competitive.

 

"There is potential for this to be larger scale," he says, adding that some
of D/S Norden's customers have already shown an interest.

 

Biofuels have "a significant role to play" in cutting the shipping
industry's carbon emissions, according to Edmund Hughes from the
International Maritime Organization.

 

He says as long as biofuels are made from a sustainable source using
renewable energy, they are a big part of the answer as to how to clean up
the shipping industry.

 

However Mr Rindbo says the shipping industry as a whole needs to wake-up and
realise the potential benefits of biofuels.

 

"I don't think it is really on the radar," he says.

 

Most of the talk is still about the transition to fossil fuels with a lower
sulphur content.

 

He believes biofuels presents a much bigger opportunity as they address the
crucial issue of carbon emissions as well.--BBC

 

 

 

 

 

 

 

 

 

 

 


 

 


 

INVESTORS DIARY 2018

 


Company

Event

Venue

Date & Time

 


 

 

 

 

 


GetBucks

AGM

Conference Room 1, Monomotapa Hotel

04/12/2018 (10am )

 


Innscor

AGM

Royal Harare Golf Club

05/12/2018 (8:15am)

 


Truworths

AGM

Boardroom, Prospect Park, 808 Seke Road

06/12/2018 (9am)

 


TSL

EGM

Head Office, 28 Simon Mazorodze Road, Southerton

07/11/2018 (10am )

 


Cassava shares list on the ZSE

 

11/12/2018

 

 


 

 

 

 

 


 

 

 

 

 


 

 

 

 

 


 

 

 

 


 

 

 

 


 <mailto:info at bulls.co.zw> 

 


 

 


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for guideline purposes only and sourced from third parties.

 


 

 


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