Bulls n Bears Investors Notebook Issue 116:26 June 2018

Tue Jun 26 06:16:58 CAT 2018

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Bulls n Bears Investors Notebook Issue 116:26 June 2018

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

Bulls 'n Bears Investors Diary: Today's Events

GB Holdings

AGM

Cernol Chemicals Boardroom, 11 Dagenham Road, Willowvale

26/06/2018 11:30am

Quotable Quote:

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

President opens women's bank . . . lasting solution to cash shortages
underway   

President Mnangagwa yesterday launched the Zimbabwe Women's Microfinance
Bank in Harare where he announced that Government is working on permanent
solutions to the current cash shortages. The bank is the first of its kind
in the Sadc region and it will offer loans to women, youths and other
small-scale businesses. President Mnangagwa, who was accompanied by First
Lady Auxilia Mnangagwa, said the bank laid the foundation for Vision 2030
which entails that Zimbabwe should attain middle-income economy status in
the next 12 years.

"I am aware of the cash and foreign currency challenges, which are a result
of various reasons," he said.  <http://www.bulls.co.zw/> Read more >

Zimbabwe Women Micro-finance Bank Opens, Collaborates With OneMoney To
Disburse Loans

Today marked the opening of Zimbabwe's first women's bank, Zimbabwe Women
Micro-finance Bank (ZWMB) which is mandated to give women increased access
to finance at befitting terms. Zimbabwean women are said to be unsatisfied
with the current bank services because banks are developing products that
don't resonate with female consumers. Hence bringing in a financial
institution that pays attention to women's requirements was imperative.
<http://www.bulls.co.zw/> Read more >

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

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

NRZ eyes more agreements

THE National Railways of Zimbabwe (NRZ) is currently negotiating with some
partners in the shipping line, with a view to signing more service level
agreements to boost business, an official has said. Last year, NRZ signed a
deal with Zimasco and CFM of Mozambique, which saw the parastatal moving
about one million tonnes of chrome annually from the Great Dyke to the ports
of Beira and Maputo along the Mozambican rail network.
<http://www.bulls.co.zw/> Read more >

ZNCC chapter seeks decentralisation

THE Zimbabwe National Chamber of Commerce (ZNCC) Matabeleland Chapter has
called for the business association to decentralise its operations, saying
the current set up was making decision making cumbersome. Decentralisation
is the process of distributing power away from the centre of an
organisation.  <http://www.bulls.co.zw/> Read more >

Govt still to process title deeds for Colleen Bawn, Byo factories

LOCAL cement producer, PPC Zimbabwe, says the disposal of houses at its
Colleen Bawn and Bulawayo factories will be completed during the 2019
financial year, as government was still processing sectional title deeds. In
September 2015, the PPC Zimbabwe board approved the disposal of houses at
its Colleen Bawn and Bulawayo factories, which was anticipated to be
finalised in 12 months.  <http://www.bulls.co.zw/> Read more >

CAAZ sheds light on Turkish Airlines deal

Civil Aviation Authority of Zimbabwe's acting general manager, Tawanda Gusha
has said Turkish Airlines has not made any formal communication with
Zimbabwe to establish flights between Harare and Turkey despite reports the
deal is nearing fruition. In 2016, there were reports that Turkish Airlines
would introduce direct flights to Harare at the beginning of 2017, as a move
to improve the ease of doing business between Harare and Istanbul.
<http://www.bulls.co.zw/> Read more >

Zimpapers To Introduce News Channel By 30 July

Zimpapers will be introducing 6 new channels, the first of which will be
going on-air before the end of July. Zimpapers CEO, Pikirayi Deketeke,
disclosed this information at Zimpapers' annual general meeting. 'Feel Good'
news? Broadcasting is not exactly a new avenue for Zimpapers. Last year,
Zimpapers introduced ZTN Network and these were the baby steps necessary to
ready Zimpapers for this transition to video content. Mr Deketeke said:
<http://www.bulls.co.zw/> Read more >

 <mailto:info at bulls.co.zw> 

Multichoice Africa Rakes In $3.7 Billion In Revenues

The company which own's Multichoice -Nasper's- managed to grow their video
entertainment segment's revenue to $3.7-billion. This video segment is
getting the bulk of it's revenue from DStv, GOtv and Showmax (Multichoice's
Netflix competitor) which are all Multichoice services. Whilst a stronger
rand had positive impact, the revenues and overall results are being said to
have been affected by the devaluation of the Naira (Nigeria) and Kwanza
(Angola). <http://www.bulls.co.zw/> Read more >

'Banks to lead economic recovery'   

Government is working with the Reserve Bank of Zimbabwe (RBZ) and other
relevant bodies to ensure the country's banking sector is in a position to
play key intermediary roles in the recovery of the economy, President
Mnangagwa said yesterday. The President said this while officially launching
the Zimbabwe Women's Micro-Finance Bank in Harare.
<http://www.bulls.co.zw/> Read more >

 <mailto:info at bulls.co.zw> 

Tobacco production hits 207 million kgs   

Zimbabwe's tobacco production hit 207 million kg yesterday, the highest
volume produced in post land reform, according to Tobacco and Industry
Marketing Board. Sales went up 29 percent from 161 million kg while the
total value of the crop increased 29 percent to $605,8 million from $470
million realised in the previous comparable period. Zimbabwe is the world's
fourth largest tobacco producer of flu cured tobacco.
<http://www.bulls.co.zw/> Read more >

Harare congestion calls for action

Industry, Commerce and Enterprise Development Minister Mike Bimha and
Corporate Social Responsibility Network Zimbabwe executive director Willard
Razawo follow proceedings at the Zimbabwe Urban Future Conference, where the
minister was guest of honour last week. Policy makers and corporates have
been encouraged to take action towards challenges of rapid urbanisation and
rural urban migration as well as come up with inclusive and innovative waste
disposal strategies.  <http://www.bulls.co.zw/> Read more >

Zim steps up marketing efforts in UK   

The Government has stepped up  marketing efforts in the United Kingdom (UK)
as a way to regain the  tourism market in that country, a Cabinet Minister
has said.  Since the ushering in of a new administration, Zimbabwe has been
taking  positive steps in mending relations with the international
community. Through the Zimbabwe Tourism Authority (ZTA), the country is
participating at the Experience Africa Travel Trade Show in London, the UK,
from Monday to Wednesday.  <http://www.bulls.co.zw/> Read more >

Zimre conversion to boost revenue growth   

Zimre Holdings Limited (ZHL) says conversion of proceeds from sale of Zimre
Centre in Harare towards construction of the Victoria Falls Sawanga Mall,
will enhance revenue growth for the firm in the financial year 2019.
Conversion of Nicoz House in Bulawayo into student accommodation is also
expected to boost the firm's numbers going forward.
<http://www.bulls.co.zw/> Read more >

Real estate's contribution to economic growth   

Zimbabwe real estate business activities primarily deal with the ownership
and transfer of physical properties.  Almost all the real estate companies
in Zimbabwe provide some common real estate services, which are designed to
satisfy the needs of the customers. Some of the essential real estate
services provided by these companies are property sales, property valuation,
property management, auctioning, property development among other services.
<http://www.bulls.co.zw/> Read more >

CFI still working on reversing Langford sale   

Zimbabwe Stock Exchange listed entity CFI Holdings Limited, says it is still
working on reversing the sale of one of its assets Langford Estates and has
since instituted legal proceedings. Langford Estates was sold to Fidelity
Life back in 2015 in exchange of CFI's $18 million debt. From Langford's 834
hectares, Fidelity Life expected to generate $200 million through the sale
of more than 12 000 residential stands.  <http://www.bulls.co.zw/> Read more
>

How cryptocurrencies will disrupt real estate industry   

CRYPTOCURRENCY has been on a wild ride lately, with massive fluctuations in
both directions. The fluctuations understandably make some real estate
brokers nervous, but many of us believe that cryptocurrencies are the future
of money, and savvy brokers are getting in on the ground floor. As one of
the founders of Lemon Wallet, which laid the foundation for a Bitcoin wallet
framework back in 2012, I've been fascinated with how Bitcoin and the
block-chain could transform the fundamental industries that make up the
modern economy.  <http://www.bulls.co.zw/> Read more > 

INVESTORS DIARY 2018

Company

Event

Venue

Date & Time

GB Holdings

AGM

Cernol Chemicals Boardroom, 11 Dagenham Road, Willowvale

26/06/2018 11:30am

MedTech

AGM

Head Office, Boardroom, Stand 619, Corner Shumba/Hacha Roads, Ruwa

27/06/2018 3pm

Dawn Properties

AGM

Ophir Room, Monomotapa Hotel

28/06/2018 10am

NicozDiamond

Scheme meeting

7th Floor, 30 Samora Machel Ave

28/06/2018 10am

ZBFH

AGM

Boardroom, Ground Floor, 21 Natal Road, Avondale

28/06/2018 10:30am

African Sun

AGM

Kariba Room, Holiday Inn Harare

28/06/2018 12pm

FBC

AGM

Royal Harare Golf Club

28/06/2018 3pm

Hwange

AGM

Royal Harare Golf Club

29/06/2018 10:30am

Fidelity Life

AGM

Great Indaba Room, Monomotapa Hotel

29/06/2018 11am

Barclays

EGM to consider the change of registered statutory name to First Capital
Bank Limited

Meikles Hotel

03/07/2018 3pm

NicozDiamond

shares delist from the ZSE

06/07/2018

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

REST OF AFRICA

Counters Trading Under Cautionary

NicozDiamond

Ariston

Barclays

Dawn

Unifreight

Hwange

RTG

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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