Major International Business Headlines Brief::: 04 June 2018

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Major International Business Headlines Brief::: 04 June 2018

 


 

 


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*  Zimbabwe removes requirement for foreign mines to list locally

*  Kenyan ride-hailing app Little sells stake of around 10 pct for $3 mln

*  Emmerson raises cash for Moroccan potash project

*  South African rand slightly firmer, focus on economic growth numbers

*  Nigerian stocks fall to lowest in more than six months

*  S.Africa to open bidding round for green energy contracts in November

*  Egypt retesting Russian wheat cargo rejected for ergot - sources

*  Tunisia sees grain harvest falling to 1.4 million tonnes this season

*  Ghana gold output up 10.2 pct to 2.805 mln oz in 2017 -Chamber of Mines

*  South African fuel prices to rise by more than 5 pct in June

*  Ghana gold output up 10.2 pct to 2.805 mln oz in 2017 -Chamber of Mines

*  South African fuel prices to rise by more than 5 pct in June

*  Nigerian stocks fall to lowest in more than six months

*  China warns US sanctions will void trade talks

*  Brexit 'weighing on business investment'

*  CYBG improves bid for Virgin Money

*  Under-30s turn away from unions despite wage stagnation

*  Jordanians in third night of tax rise protests

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


 <mailto:info at bulls.co.zw> 

 


 

Zimbabwe removes requirement for foreign mines to list locally

HARARE (Reuters) - Zimbabwe’s parliament has passed amendments to the mining
bill after removing clauses that required foreign mining companies to list
locally, according to an official record of parliament’s debates seen on
Friday.

 

Mines Minister Winston Chitando had last month promised to remove the
requirements, which he said caused panic among foreign mining firms and were
contrary to the government’s push to open Zimbabwe to foreign investors.

 

The southern African nation has seen increased interest from foreign
investors since the downfall of Robert Mugabe in a de facto military coup in
November.

 

The amendments to the mining bill, which were passed on Thursday, also allow
the mines minister, after consulting with the president, to designate any
mineral as strategic if “it would be in the interests of the development of
the mining industry.”

 

Designating a mineral as strategic would grant the government greater
control over mining of that mineral.

 

Mining accounts for more than half of Zimbabwe’s export earnings but
investors had stayed away from the country, partly because of opaque black
economic empowerment rules.

 

The mining bill will also for the first time officially recognise
small-scale miners, who produce more than 40 percent of Zimbabwe’s gold
output, meaning that their operations will no longer be considered illegal.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


 <mailto:info at bulls.co.zw> 

 


 

 

 

Kenyan ride-hailing app Little sells stake of around 10 pct for $3 mln

NAIROBI (Reuters) - Kenyan taxi-hailing firm, Little, which has a
partnership with telecoms operator Safaricom, has sold just under 10 percent
of its shares to an unnamed Indian investor for $3 million, it said on
Monday.

 

Kamal Budhabhatti, the CEO of the firm which was founded in 2016 and offers
12,000 rides a day in peak times, told Reuters the investment was unplanned
and that Little would still raise another $100 million for pan-African
expansion.

 

He said Little had started operations in Uganda and Rwanda would follow
later in June, followed by Zambia, Ghana and Tanzania.

 

Little competes with Uber and Taxify. Little’ s parent company,
Nairobi-based software developer Craft Silicon, has invested $6 million in
the app.

 

Budhabhatti had told Reuters in September last year that the company, which
has about 5,000 active drivers and 345,000 active users, would look towards
Silicon Valley in the United States to raise its target of $100 million.

 

 

Emmerson raises cash for Moroccan potash project

LONDON (Reuters) - Emmerson has raised 6 million pounds by issuing 200
million new shares to develop a potash project in Morocco and on Monday the
company resumes trade on the London Stock Market.

 

Potash prices collapsed two years ago but have begun to recover after the
crash led to mine closures, limiting supply.

 

Emmerson said its share issue had initially aimed to raise 4 million pounds
but was oversubscribed.

 

The project’s advantages, it said, include shallow, cheap-to-exploit
resources and a location in Morocco, where demand for potash is expected to
climb, and access to Europe and other major markets is straightforward.

 

“From a transport perspective, we have an unassailable competitive
advantage,” CEO Hayden Locke told Reuters.

 

He said the project is in the late stages of development and $20 million has
already been spent on it, meaning it could be producing four years from now.

 

By then, Locke is expecting potash prices to have rallied and predicts
escalating demand based on population trends.

 

“Global food security goals cannot be achieved without the significant use
of fertilisers,” he said.

 

Shares have been suspended since October when Emmerson became 100 percent
owner of the Khemisset Potash Project in northern Morocco. Trading will
resume at 8 a.m. (0700 GMT).

 

The economics of potash can be challenging even for the biggest players.

 

The world’s biggest listed miner BHP is considering selling a stake in its
Canadian potash mine, which analysts say would help share the development
risk of a very deep deposit.

 

($1 = 0.7524 pounds)

 

 

South African rand slightly firmer, focus on economic growth numbers

JOHANNESBURG (Reuters) - South Africa’s rand firmed slightly against the
dollar early on Monday, as traders awaited growth and manufacturing numbers
due this week to see how the economy is faring under President Cyril
Ramaphosa.

 

At 0620 GMT, the rand traded at 12.6600 per dollar, 0.26 percent firmer than
its close on Friday.

 

Statistics South Africa publishes first-quarter GDP figures on Tuesday and
April manufacturing data on Thursday.

 

A survey on Friday showed conditions in South Africa’s manufacturing sector
deteriorated slightly last month, suggesting the economy remained fragile
under Ramaphosa, who replaced Jacob Zuma in February.

 

“Locally economic data disappointed in recent days, in our view. In light of
the external environment, the disappointing data should make it more
difficult for the rand to sustain a rally,” Nedbank analysts wrote in a
note.

 

In fixed income, the yield on the benchmark government bond due in 2026 was
down one basis point at 8.61 percent.

 

 

Nigerian stocks fall to lowest in more than six months

LAGOS (Reuters) - Nigerian stocks slid 3.38 percent on Friday to their
lowest level in more than six months as shares in consumer goods stocks and
Dangote Cement suffered.

 

Offshore investors have been exiting local assets as Nigerian treasury
yields have fallen to around 12 percent from as high as 18 percent a year
ago due to government action to lower borrowing costs and U.S. interest rate
rises.

 

Traders expect the bear market to continue even as the capital flight has
also put the local naira currency under pressure.

 

The index fell to 36,816 points.

 

International Breweries shed 9.66 percent. Dangote Cement, which accounts
for around a third of market capitalisation, fell 7.08 percent.

 

 

S.Africa to open bidding round for green energy contracts in November

JOHANNESBURG (Reuters) - South Africa’s next round of bids for renewable
energy agreements with independent power producers will be begin in November
and could unlock investment worth up to 50 billion rand ($3.95 billion), the
energy minister said on Friday.

 

Renewable energy contracts worth 56 billion rand were signed in April, the
first major investment deal under President Cyril Ramaphosa who has promised
to kick-start economic growth since replacing his scandal-plagued
predecessor Jacob Zuma this year.

 

So far, 27 mostly solar and wind projects - that were stalled under Zuma who
favoured plans to build new nuclear plants - have been signed, adding 2,305
MW to the grid.

 

Energy Minister Jeff Radebe said in prepared remarks that liquefied natural
was a “very high priority” and that a gas strategy would be released in July
or August of this year.

 

 

Tanzania and Mozambique have huge gas reserves that South Africa is keen to
tap as it seeks to reduce reliance on coal, which accounts for over 85
percent of the power generated in Africa’s most industrialised economy.

 

Projects from the new bidding round will bring another 1,800 MW of power to
the grid.

 

($1 = 12.6458 rand)

 

 

Egypt retesting Russian wheat cargo rejected for ergot - sources

CAIRO/DUBAI (Reuters) - Egypt is retesting a 63,000-tonne Russian wheat
cargo for the common grain fungus ergot days after rejecting it for
excessive levels, official and trade sources said.

 

The samples were sent from the Red Sea port of Safaga to a central
laboratory in Cairo.

 

Egypt, the world’s largest purchaser of wheat, had said on Thursday that the
cargo, sold to state grain buyer GASC, contained 0.06 percent ergot, just
above the 0.05 percent limit permitted under Egypt’s state tender rules.

 

 

Tunisia sees grain harvest falling to 1.4 million tonnes this season

TUNIS (Reuters) - Tunisia expects its grain harvest to fall to 1.4 million
tonnes this season from 1.6 million tonnes because of lack of rain, the
agriculture ministry said on Sunday.

 

The crop includes 923 tonnes of durum wheat, 119 tonnes of soft wheat and
362 tonnes of barley.

 

 

Ghana gold output up 10.2 pct to 2.805 mln oz in 2017 -Chamber of Mines

ACCRA (Reuters) - Ghana’s gold output rose to 2.805 million ounces in 2017,
up 10.2 percent from the previous year, data from the Ghana Chamber of Mines
showed on Friday.

 

The growth reflected a general increase in output across most of the 12
mining firms operating in the West African country, the chamber said.

 

Total gold revenues amounted to $3.52 billion in 2017, up from $3.25 billion
the year before.

 

 

Ghana is Africa’s second largest gold producer after South Africa. Mining
firms operating in the country include Newmont Mining Corporation, Gold
Fields, Anglogold Ashanti and Asanko Gold.

 

Manganese production increased to three million tonnes in 2017 from two
million the year before. However diamond output declined to 86,924 carats
from 143,000 carats the previous year, the chamber said.

 

 

South African fuel prices to rise by more than 5 pct in June

JOHANNESBURG (Reuters) - The retail price of petrol in South Africa will
rise by 5.5 percent from June 6, while the price of wholesale diesel will
rise by 6.4 percent, the energy department said on Friday.

 

The price of petrol will rise by 82 cents to 15.79 rand per litre in the
commercial hub of Gauteng province, while diesel will go up by 85 cents to
14.19 rand per litre.

 

The Central Energy Fund said the weaker rand exchange rate versus the dollar
was the main reason why fuel prices would rise sharply. The rand has fallen
more than 1 percent since the beginning of May.

 

 

Ghana gold output up 10.2 pct to 2.805 mln oz in 2017 -Chamber of Mines

ACCRA (Reuters) - Ghana’s gold output rose to 2.805 million ounces in 2017,
up 10.2 percent from the previous year, data from the Ghana Chamber of Mines
showed on Friday.

 

The growth reflected a general increase in output across most of the 12
mining firms operating in the West African country, the chamber said.

 

Total gold revenues amounted to $3.52 billion in 2017, up from $3.25 billion
the year before.

 

Ghana is Africa’s second largest gold producer after South Africa. Mining
firms operating in the country include Newmont Mining Corporation, Gold
Fields, Anglogold Ashanti and Asanko Gold.

 

Manganese production increased to three million tonnes in 2017 from two
million the year before. However diamond output declined to 86,924 carats
from 143,000 carats the previous year, the chamber said.

 

 

 

South African fuel prices to rise by more than 5 pct in June

JOHANNESBURG (Reuters) - The retail price of petrol in South Africa will
rise by 5.5 percent from June 6, while the price of wholesale diesel will
rise by 6.4 percent, the energy department said on Friday.

 

The price of petrol will rise by 82 cents to 15.79 rand per litre in the
commercial hub of Gauteng province, while diesel will go up by 85 cents to
14.19 rand per litre.

 

The Central Energy Fund said the weaker rand exchange rate versus the dollar
was the main reason why fuel prices would rise sharply. The rand has fallen
more than 1 percent since the beginning of May.

 

 

Nigerian stocks fall to lowest in more than six months

LAGOS (Reuters) - Nigerian stocks slid 3.38 percent on Friday to their
lowest level in more than six months as shares in consumer goods stocks and
Dangote Cement suffered.

 

Offshore investors have been exiting local assets as Nigerian treasury
yields have fallen to around 12 percent from as high as 18 percent a year
ago due to government action to lower borrowing costs and U.S. interest rate
rises.

 

Traders expect the bear market to continue even as the capital flight has
also put the local naira currency under pressure.

 

 

The index fell to 36,816 points.

 

International Breweries shed 9.66 percent. Dangote Cement, which accounts
for around a third of market capitalisation, fell 7.08 percent.

 

 

 

China warns US sanctions will void trade talks

China has warned that all trade talks between Beijing and Washington will be
void if the US sets up trade sanctions.

 

After talks between Vice Premier Liu He and US Commerce Secretary Wilbur
Ross, China said it was ready to boost imports from many countries.

 

Mr Ross's China visit comes days after Washington threatened to impose extra
tariffs on $50bn of Chinese goods.

 

Meanwhile, G7 nations have hit out at the US over its new steel and
aluminium import tariffs.

 

French Finance Minister Bruno Le Maire warned a trade war could begin in "a
few days".

 

On Saturday President Trump insisted on Twitter that the US had been "ripped
off by other countries for years on trade".

 

He says steel tariffs will protect US steelmakers, which he says are vital
to national security. Mr Trump has also complained about barriers US firms
face in Europe and elsewhere.

 

"Time to get smart!" he added.

 

Is the US-China trade war back on?

US tariffs: The unusual ways nations have retaliated

Why history drives China's tough stance on global trade

Trade sanctions: The basics

What is a trade war? It's when countries attack each other's trade with
taxes and quotas. One will raise tariffs, a type of tax, causing the other
to respond, in a tit-for-tat escalation. This can hurt economies and lead to
rising political tensions.

What are tariffs? Taxes on products made abroad. In theory, taxing items
coming into the country (imports) makes people less likely to buy them as
they become more expensive. They're likely to buy cheaper local products
instead, boosting your country's economy.

What's a trade deficit? The difference between how much your country buys
from another country, compared with how much you sell to that country. The
US has a massive trade deficit with China. Last year, it stood at about
$375bn.

What are the Chinese saying?

A statement released by the Chinese side at the talks with the US in Beijing
said nothing specific about the outcome, and referred back to an agreement
reached in Washington last month to increase the purchase of US goods and
services.

 

"To implement the consensus reached in Washington, the two sides have had
good communication in various areas such as agriculture and energy, and have
made positive and concrete progress while relevant details are yet to be
confirmed by both sides," the statement said.

 

But state news agency Xinhua carried a statement which warned against a
trade war and said the two sides should meet each other half way.

 

"Reform and opening up and expanding domestic demand are China's national
strategies. Our established rhythm will not change," it said.

 

"If the United States introduces trade sanctions including tariffs, all the
economic and trade achievements negotiated by the two parties will be void."

 

What is the US trying to do?

The Beijing talks were aimed at reducing the bilateral trade deficit. The US
currently buys nearly four times as much from China as it sells to them.

 

A White House statement last week, which took aim at years of "unfair" trade
practices, warned the US would pursue 25% tariffs on $50bn (£37bn) worth of
Chinese imports.

 

The tone of the statement suggested that China's concessions at last month's
talks in Washington were not enough for the Trump administration, says BBC
Asia Business correspondent Karishma Vaswani.

 

Analysts say that the statement could have been designed as a bargaining
tactic aimed at increasing pressure on China ahead of Sunday's meeting, amid
criticism at home that Mr Trump is going soft on China.

 

No joint statement was issued at the end of Sunday's meeting in Beijing, and
there has been no response to the Chinese comments by the US side.

 

What about the G7?

At a heated meeting in the Canadian ski resort of Whistler, the EU and
Canada threatened to retaliate against tariffs of 25% on steel and 10% on
aluminium, whose implementation Mr Ross announced on Thursday.

 

But US Treasury Secretary Steven Mnuchin denied that the US had abandoned
leadership in the global economy and said he had passed on the other
countries' strong feelings to Mr Trump.

 

Allies retaliate with levies on jam, lamps and sleeping bags

Four reasons Trump is hanging tough on trade

There was no joint statement at the end of this meeting either, which the
BBC's North America correspondent Chris Buckler says is a clear sign of
discord.

 

Our correspondent says acrimonious debate is likely to continue next weekend
when the leaders of the G7 countries - including Mr Trump - meet for a
summit in Quebec.

 

Canada, Mexico and the EU together exported $23bn worth of steel and
aluminium to the US in 2017 - nearly half of the $48bn of total steel and
aluminium imports last year.

 

The EU has responded to the US announcement with a 10-page list of tariffs
on US goods ranging from Harley-Davidson motorcycles to bourbon.

 

Canada plans to impose tariffs of up to 25% on about $13bn worth of US
exports from 1 July. Goods affected will include some American steel, as
well as consumer products such as yoghurt, whiskey and coffee.--BBC

 

 

Brexit 'weighing on business investment'

Political uncertainty over Brexit is weighing on business investment, which
has fallen to the lowest level for a year, a survey indicates.

 

The research, from manufacturing body EEF and accountancy advisers BDO, said
the outlook for UK manufacturers was "slightly more subdued than it has been
for some time".

 

The poll of more than 300 firms found they were "cautiously optimistic".

 

However, the EEF said growth was looking "fragile".

 

"Manufacturers are still seeing a positive picture and business confidence
indicators are holding up looking forward to the second half of the year,"
it said.

 

But it pointed to "the easing of global growth" and suggested that "the
continued political uncertainty of Brexit negotiations is weighing on
investment".

 

'Crunch time'

EEF chief economist Lee Hopley said: "We continue to see signs of growth
across manufacturing and, given weaknesses elsewhere in the UK economy, it
is vitally important that we sustain this.

 

"However, the durability of this upturn is looking somewhat more fragile as
many of the positive forces driving expansion last year, such as a resurgent
eurozone, a surge in global manufacturing investment and competitive pound,
are starting to fade."

 

Ms Hopley added: "New or heightened uncertainties have also come into play,
not least what feels like crunch time in the Brexit negotiations, which have
led to amber lights flashing again on the business investment outlook.

 

"This matters both for growth now and our longer-term productivity
prospects."

 

BDO's Tom Lawton called on the government not to "lose sight of the needs of
manufacturing, or indeed the wider economy, during the continuing EU
negotiations".

 

He added: "I have no doubt that UK manufacturing will continue to be
successful, but the right support and trading environment will make a huge
difference to manufacturers."

 

 

 

CYBG improves bid for Virgin Money

The owner of Clydesdale Bank and Yorkshire Bank, CYBG, has sweetened its
£1.6bn offer to buy Virgin Money.

 

Under the new terms, Virgin Money shareholders would own 38% of the new
merged business instead of 36%.

 

CYBG and Virgin Money said the move would create "the UK's first true
national banking competitor" as an alternative to the incumbent banks.

 

It would be the UK's fifth largest bank with six million personal and
business customers and a balance sheet of £70bn.

 

CYBG has said it will keep the Virgin Money brand, subject to an agreement
with Richard Branson's Virgin Group.

 

Virgin Money, which was founded in 1995, expanded its business in 2011 when
it bought the remnants of Northern Rock for about £747m.

 

Key figures

CYBG

 

2.8 million customers

169 branches

£2.6bn market capitalisation

Virgin Money

 

3.3 million customers

74 branches

£1.5bn market capitalisation

Sir Richard Branson's Virgin Group is Virgin Money's biggest shareholder
with a 34.8% stake in the business.

 

CYBG's initial bid, made last month, offered 1.1297 of its shares for each
Virgin Money share, giving Virgin Money shareholders about 36% of the new
merged business.

 

However, the revised bid ups that to 1.2125 shares, giving Virgin Money
shareholders about 38% of the combined group.

 

CYBG said discussions were "ongoing" regarding other terms and conditions
and that the announcement of the revised bid did not constitute a firm
intention to make an offer for Virgin Money.

 

CYBG now has until 17:00 on 18 June to make a firm offer or walk away from
Virgin, under rules set down by Britain's Takeover Panel.--BBC

 

 

Under-30s turn away from unions despite wage stagnation

The number of people under the age of 30 who are members of a trade union
has fallen significantly since 2001.

 

Figures from the Trades Union Congress provided to the BBC reveal membership
levels among the under-30s have fallen from 20.1% in 2001 to 15.7% in 2017.

 

In the private sector, which employs more than 80% of 21 to 30-year-olds,
the figure fell from 12.6% to to 9%.

 

It comes despite the pay gap between younger and older workers rising by
more than half in the past 20 years.

 

Younger people are also much more concerned about "insecure work" and their
financial position.

 

Pay gap

Frances O'Grady, the general secretary of the TUC, admitted the union
movement had "a problem" in reaching young people.

 

And it needed to show the under-30s that unions are still relevant in an era
when higher-educated young people have actually seen average earnings drop
over the last 20 years.

 

On average, being a member of a union means your pay is higher - although
that is often to do with the sector worked in and the size of the employer.

 

A new report from the TUC to mark the 150th anniversary of its foundation in
Manchester in 1868 revealed that over-30s are now paid 21.9% more than
under-30s, compared with 14.5% in 1998.

 

That means that on average, young people are earning £2.81 an hour less than
older people, up from £1.51 an hour less in 1998.

 

Although it would be expected that older people earn more than younger
people, the slower pace of wage growth among the young has increased the
gap.

 

Older people are on average earning £5,884 a year more than younger workers,
compared with £3,140 a year in 1998.

 

'Sympathetic'

Ms O'Grady said many young people felt they were in insecure employment in
sectors such as health care or retail sales, but were not turning to the
unions for support.

 

Many employers also made it difficult for people to become a member of a
union, she said.

 

She also admitted that unions had to "earn the right" to represent people at
work.

 

"We know we've got a problem," Ms O'Grady told me.

 

"We know that young people overwhelmingly are sympathetic to our vision and
our values. The problem is that many of their employers, especially in the
private sector, make it hard for us to organise them."

 

Of employees of all ages, 23.2% are a member of a union, itself the lowest
figures since records of the percentage figure began in 1995.

 

Zero-hour contracts

The overall membership of trade unions - at 6.9 million - is well below its
peak above 13 million in the late 1970s.

 

"If you think about where young people are working in hospitality or retail
care industry, often on temporary or zero-hour contracts, often in franchise
organisations that are hard to organise, the model that we have isn't
working for them," Ms O'Grady said.

 

"We've got to fix it, and we've got a chance, we're in the 21st Century, we
can use 21st Century tools like digital to organise young people in new ways
that suit them and give them what they need."

 

The TUC report revealed that younger people were now more concentrated in
lower-paid sectors such as private social care or hotels and restaurants.

 

A survey of 1,500 young people suggested that a quarter had struggled with
living costs and that 41% had put off buying or moving home because of
concern about finances.

 

Just a third believed that their job made the best use of their skills.

 

"What young people are telling us is that they feel stuck, they're stuck in
low-paid insecure employment, they don't know how to get out or get on," Ms
O'Grady said.

 

"What they really want is an online shop steward, an online coach, who will
support them in getting the skills and the opportunities they want to make a
life for themselves."

 

'Male, pale and stale'

She admitted the trades union movement needed to do more on diversity.

 

"I want us to look like modern Britain, a little less of the male, pale and
stale and a bit more of the diversity of Britain," Ms O'Grady said.

 

"Our leadership looks a lot better than most of the leaderships you would
find in the boardroom, or indeed in politics, but that's not good enough for
me.

 

"We've got to look like the people that we aim to represent - including
young people."--BBC

 

 

Jordanians in third night of tax rise protests

Protests in Jordan against tax rises and austerity measures - the biggest
demonstrations in years - continued for a third consecutive night.

 

Police fired tear gas and blocked roads in the capital Amman to stop
protesters getting close to the cabinet office.

 

The protesters say a new tax bill backed by the International Monetary Fund
(IMF) will hurt the poor and middle class.

 

King Abdullah has called for compromise from all sides.

 

Several thousand protesters chanting anti-government slogans and calling for
King Abdullah to dismiss Prime Minister Hani Mulki have been holding vigils
near the cabinet office.

 

There have also been some protests in provincial towns, where police have
reportedly used tear gas. In the southern town of Maan protesters burned
tyres on highways and there were scuffles with police, Reuters reported.

 

Jordanians have seen prices rise with salaries failing to keep up.

 

On Friday King Abdullah intervened to freeze an increase in fuel prices.

 

But the protesters are angriest about the proposed tax bill, which they fear
will further worsen living standards.

 

Read more about Jordan

The BBC's Arab affairs editor Sebastian Usher says the king is urging a deal
that won't overburden ordinary Jordanians while tackling endemic tax
evasion.

 

Mr Mulki has refused to scrap the IMF-backed tax bill, saying it was up to
parliament to decide whether to pass it or not.

 

The government says it needs the money to fund public services and says the
new tax bill will see higher earners pay more.

 

Earlier this year sales tax was increased and bread subsidies were scrapped
as part of a plan to cut the country's debt.

 

Mr Mulki said he hoped the reforms needed to get Jordan's economy "back on
track" would be complete by mid-2019.

 

King Abdullah has said that conflict in neighbouring Syria and Iraq has
worsened Jordan's financial situation.--BBC

 

 

 


 

 


 

INVESTORS DIARY 2018

 


Company

Event

Venue

Date & Time

 


 

 

 

 

 


Edgars

AGM

Edgars Training Auditorium, 1st Floor, LAPF House, 8th Ave/Jason Moyo St,
Bulawayo

07/06/2018 9am

 


Turnall

AGM

Jacaranda Room, Rainbow Towers

07/06/2018 9am

 


FMHL

AGM

Royal Harare Golf Club

11/06/2018 2:30pm

 


 

 

 

 

 


RioZim

AGM

Head Office, 1 Kenilworth Road, Highlands

21/06/2018 10:30am

 


 

 

 

 

 


Zimbabwe

Heroes’ Day

Zimbabwe

13/08/2018

 


Zimbabwe

Defence Forces Day

Zimbabwe

14/08/2018

 


The Harare Agricultural Show

The Harare Agricultural Show

The Harare Agricultural Show

August 27- September 1

 


 

 

 

 

 


 

 

 

 

 


 

 

 

 


 

 

 

 


 <mailto:info at bulls.co.zw> 

 


 

 


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Faith Capital (Pvt) Ltd for general information purposes only and does not
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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
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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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Cellphone:      <tel:%2B263%2077%20344%201674> +263 77 344 1674

Alt. Email:       <mailto:info at bulls.co.zw> info at bulls.co.zw  

Website:
<http://www.google.com/url?q=http%3A%2F%2Fwww.bulls.co.zw&sa=D&sntz=1&usg=AF
QjCNH8LYgdY55h-XKseuM8Kpr-JKdfhQ> www.bulls.co.zw 

Blog:
<http://www.google.com/url?q=http%3A%2F%2Fwww.bulls.co.zw%2Fblog&sa=D&sntz=1
&usg=AFQjCNFoIy6F9IXAiYnSoPSgWDYsr8Sqtw> www.bulls.co.zw/blog

Twitter:         @bullsbears2010

LinkedIn:       Bulls n Bears Zimbabwe

Facebook:
<http://www.google.com/url?q=http%3A%2F%2Fwww.facebook.com%2FBullsBearsZimba
bwe&sa=D&sntz=1&usg=AFQjCNGhb_A5rp4biV1dGHbgiAhUxQqBXA>
www.facebook.com/BullsBearsZimbabwe

Skype:         Bulls.Bears 



 

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