Bulls n Bears Investors Notebook Issue 163:24 December 2018

Mon Dec 24 12:15:25 CAT 2018

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Bulls n Bears Investors Notebook Issue 163:24 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

Govt targets $350m for Hwange power

Government is targeting to raise $350 million next year as financing for
ongoing works at Hwange 7 and 8 thermal power stations. The $350 million is
part of $969,4 million.
<http://www.bulls.co.zw/2018/12/24/govt-targets-350m-for-hwange-power/> Read
more >

'Shares in Liquid US$135m cash'

Econet Wireless Zimbabwe (EZW) CEO Douglas Mboweni, has called the company's
equity stake in Liquid Telecom Holdings, which is just under 10 percent, "a
US$135 million forex reserve". Speaking about.
<http://www.bulls.co.zw/2018/12/24/shares-in-liquid-us135m-cash/> Read more
>

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

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

Potraz moves to revive postal services

The Posts and Telecommunications Regulatory Authority (Potraz) says it is
working on measures to resuscitate the country's struggling postal services
sector. This comes as the sector recorded an 8,5 percent.
<http://www.bulls.co.zw/2018/12/24/potraz-moves-to-revive-postal-services/>
Read more >

Use US$31m for development: ED

PRESIDENT Mnangagwa has challenged leaders in Manicaland to identify areas
that need development and to distribute the US$31 million that has been
allocated to the province under the devolution programme.
<http://www.bulls.co.zw/2018/12/24/use-us31m-for-development-ed/> Read more
>

Council tightens land development rules

The Harare City Council has shut the door on individuals and groupings such
as housing co-operatives and pay schemes that went around the city
identifying for land for housing. The.
<http://www.bulls.co.zw/2018/12/24/council-tightens-land-development-rules/>
Read more >

Cotton deliveries top 35 000 tonnes

COTTON deliveries in Manicaland have increased after Government announced
that farmers will get part of the payment in foreign currency, Cotton
Marketers' Association chairman Mr Steward Mubonderi has said. "This.
<http://www.bulls.co.zw/2018/12/24/cotton-deliveries-top-35-000-tonnes/>
Read more >

Mayor to engage Zimra over debt

Harare Mayor Councillor Herbert Gomba is seeking a meeting with the new
Zimbabwe Revenue Authority (ZIMRA) board and Finance and Economic
Development Minister Mthuli Ncube over the $171 million which.
<http://www.bulls.co.zw/2018/12/24/mayor-to-engage-zimra-over-debt/> Read
more > 

 <mailto:info at bulls.co.zw> 

Bulawayo fuel deal.Business people sign MoU with Botswana investors

BULAWAYO business people have signed a Memorandum of Understanding with
private investors from Botswana to supply fuel into the city and setting up
investments in different economic sectors in the.
<http://www.bulls.co.zw/2018/12/24/bulawayo-fuel-dealbusiness-people-sign-mo
u-with-botswana-investors/> Read more >

Government workers urged to play big role in transforming economy

THE Public Service Commission (PSC) has called on civil servants to play a
leading role in implementing the Government's economic transitional
programmes. Officiating at the 2018 Public Service Secretaries' Day.
<http://www.bulls.co.zw/2018/12/24/government-workers-urged-to-play-big-role
-in-transforming-economy/> Read more >

 <mailto:info at bulls.co.zw> 

ZCDC produces over 80% of projected target

STATE-owned diamond mining unit, Zimbabwe Consolidated Diamond Company
(ZCDC) says it has produced over 80 percent of the projected 3,5 million
carats for the year 2018. The diamond mining industry.
<http://www.bulls.co.zw/2018/12/24/zcdc-produces-over-80-of-projected-target
/> Read more >

Raids on rogue fuel stations.Cops & Zera officials deployed for spot checks

ENERGY and Power Development Minister, Dr Joram Gumbo has warned fuel
traders and filling stations that are withholding fuel and those supplying
the black market that they risk losing their.
<http://www.bulls.co.zw/2018/12/24/raids-on-rogue-fuel-stationscops-zera-off
icials-deployed-for-spot-checks/> Read more >

Zimbabwe's economic crisis wipes out Christmas cheer

At Solomon Chakauya's grocery store in Zimbabwe's Chinamhora district
outside Harare, there's no sign of the seasonal Christmas rush that he needs
to keep his business afloat. Even in the.
<http://www.bulls.co.zw/2018/12/24/zimbabwes-economic-crisis-wipes-out-chris
tmas-cheer/> Read more >

Mthuli Ncube warns that scrapping bond a 'costly exercise'

Demonetising the bond note is a "costly exercise", Finance Minister Mthuli
Ncube warned on Wednesday after coming under pressure from Members of
Parliament who labelled his budget announced in November.
<http://www.bulls.co.zw/2018/12/24/mthuli-ncube-warns-that-scrapping-bond-a-
costly-exercise/> Read more >

Zimbabwe start-up targets foreign market

A Zimbabwean start-up, Flexi Africa, has set up an online trade platform
which links local vendors to international markets. Flexi Africa chief
executive Gerald Nyamadzawo told Standardbusiness that there was.
<http://www.bulls.co.zw/2018/12/24/zimbabwe-start-up-targets-foreign-market/
> Read more >

Delta shuts soft drink plants

ZIMBABWE is headed for a dry festive season as stocks of soft drinks are
expected to run out after Delta beverages shut down its plants citing
inadequate foreign currency to.
<http://www.bulls.co.zw/2018/12/24/delta-shuts-soft-drink-plants/> Read more
>

'Fuel supply gaps still exist in Zimbabwe'

Although fuel consumers are generally able to access fuel, some gaps still
exist as we continue to witness fuel queues, even though some are short -
that's a fact. The.
<http://www.bulls.co.zw/2018/12/24/fuel-supply-gaps-still-exist-in-zimbabwe/
> Read more >

INVESTORS DIARY 2018

Company

Event

Venue

Date & Time

Christmas Day

25/12/2018

Boxing Day

26/12/2018

New Years' Day

01/01/2019

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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