Bulls n Bears Investors Notebook Issue 152:06 December 2018

Thu Dec 6 12:31:21 CAT 2018

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Bulls n Bears Investors Notebook Issue 152:06 December 2018

 <mailto:info at bulls.co.zw> 

Bulls 'n Bears Investors Diary: Today's Events

Quotable Quote:

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

Duly's ready for agric season

Duly's has heeded the national clean-up campaign call and pledged to clean
surrounding areas across its nationwide branch network. Motor company Duly
Holdings Limited (Duly's) is ready to supply farmers.
<http://www.bulls.co.zw/2018/12/06/dulys-ready-for-agric-season/> Read more
>

Firm Nickel prices spur Bindura's half year

BINDURA Nickel Corporation Limited (BNC) registered a 26% increase in profit
after tax to $2,8 million in the six months to September, buoyed by firm
mineral prices on the international.
<http://www.bulls.co.zw/2018/12/06/firm-nickel-prices-spur-binduras-half-yea
r/> Read more >

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

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

Zim seeks to improve wheat yield

ZIMBABWE is undertaking research to improve its wheat yields in order to
reduce reliance on imports, a Cabinet minister has said. The southern
African nation produces 158 100 metric tonnes.
<http://www.bulls.co.zw/2018/12/06/zim-seeks-to-improve-wheat-yield/> Read
more >

Batoka: Chinese firm to meet ED

A SEVEN-member delegation from China Gezhouba Group Company (CGGC), the main
subsidiary of State-owned Energy China, will visit Harare to meet President
Mnangagwa and Government officials, over the firm's interest.
<http://www.bulls.co.zw/2018/12/06/batoka-chinese-firm-to-meet-ed/> Read
more >

Gold deliveries slump 44pc

SMALL-scale miners have called on Government to consider paying 100 percent
of gold deliveries in hard currency after deliveries to Fidelity Printers
and Refineries (FPR) for November plummeted by 44.
<http://www.bulls.co.zw/2018/12/06/gold-deliveries-slump-44pc/> Read more >

Econet unit launches instant loan platform

CASSAVA Smartech banking unit, Steward Bank and Ecocash yesterday launched a
platform where Econet mobile network subscribers will be able to open bank
accounts through cell phones in a minute..
<http://www.bulls.co.zw/2018/12/06/econet-unit-launches-instant-loan-platfor
m/> Read more >

Paladium tops gold

Gold just got left behind by one of its sister metals. After a
demand-fuelled rally over the past four months that's seen prices hit a
record, palladium for immediate delivery.
<http://www.bulls.co.zw/2018/12/06/paladium-tops-gold/> Read more >

 <mailto:info at bulls.co.zw> 

Forex shortages, inflation weigh on Innscor

Diversified Industrial group, Innscor Africa Limited says gross profit
margins during the first quarter of the 2019 financial year remained under
pressure due to foreign currency and inflationary pressures, resulting.
<http://www.bulls.co.zw/2018/12/06/forex-shortages-inflation-weigh-on-innsco
r/> Read more >

Reminder on Voluntary Disclosure

The Zimbabwe Revenue Authority (Zimra) would like to advise the public that
the Voluntary Disclosure Programme is still going on and will end on
December 31, 2018. Any persons that.
<http://www.bulls.co.zw/2018/12/06/reminder-on-voluntary-disclosure/> Read
more >

 <mailto:info at bulls.co.zw> 

$25m to ease drug shortages

Government has pledged $25 million to the health sector for the purchase of
medical goods, medicines and surgical sundries to ease drug shortages and
deal with price distortions in the.
<http://www.bulls.co.zw/2018/12/06/25m-to-ease-drug-shortages/> Read more >

Deadline for NRZ $400m deal

THE National Railways of Zimbabwe (NRZ) has to conclude the legal framework
for its $400 million recapitalisation agreement with the Diaspora
Infrastructure Development Group (DIDG)/Transnet before February 2019,
failure to. <http://www.bulls.co.zw/2018/12/06/deadline-for-nrz-400m-deal/>
Read more >

Government works to restore price stability

VICE President Kembo Mohadi has said swift measures are being implemented to
restore price stability in the market so as to ensure consumers get value
for their money. In a.
<http://www.bulls.co.zw/2018/12/06/government-works-to-restore-price-stabili
ty/> Read more >

Law to compel forex recipients to charge in bonds   

Government is crafting a law that compels business people who receive
foreign currency allocation from Treasury to charge their products in local
currency, President Mnangagwa said yesterday. Further, Government will
revoke licences of such business people with immediate effect if they fail
to comply. Addressing traditional chiefs during the official opening of the
2018 Annual Chiefs Conference in Kadoma , President Mnangagwa said it was
important for Government to engage the business people more often.
<http://www.bulls.co.zw/> Read more >

CABS is the top bank

FINANCE minister Mthuli Ncube has urged banks to diversify and develop
business models tailored to meet special requirements of the unbanked and
underserved segments of the population. Ncube was speaking at the launch of
the Zimbabwe Independent's Banks and Banking Survey in Harare on Thursday,
where he was the key speaker.  <http://www.bulls.co.zw/> Read more >

Cassava Smartech unveils education insurance cover

Cassava Smartech has launched an education insurance cover product called
Enda Education Cover, an official has said. The launch of the Enda Education
product, which is underwritten by Econet Life, Cassava Smartech's Insurtech
arm, offers a school fees benefit for primary and secondary education in the
event of the death of the parent or legal guardian of the student.
<http://www.bulls.co.zw/> Read more >

Incentives excite tour operators   

THE restoration of fiscal incentives for the tourism industry in the 2019
national budget has excited tour operators who say the move will stimulate
the growth of their business. In his budget speech last week Finance and
Economic Development Minister Professor Mthuli Ncube emphasised the need to
among others, improve business confidence by removing various policy and
price distortions.  <http://www.bulls.co.zw/> Read more >

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

REST OF AFRICA

Counters Trading Under Cautionary

Border Timbers

Econet Wireless Zimbawe

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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