Bulls n Bears Investors Notebook Issue 142:22 November 2018

Thu Nov 22 09:53:20 CAT 2018

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Bulls n Bears Investors Notebook Issue 142:22 November 2018

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

Bulls ‘n Bears Investors Diary: Today’s Events

Finance minister Mthuli Ncube presents 2019 National Budget

Parliament

Finance minister Mthuli Ncube presents 2019 National Budget

Quotable Quote:

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

All eyes on 2019 Budget proposals

ALL eyes are on Finance and Economic Development Minister Professor Mthuli Ncube as he presents his 2019 National Budget proposals in Parliament today, the first in the Second Republic. The…  <http://www.bulls.co.zw/2018/11/22/all-eyes-on-2019-budget-proposals/> Read more »

RioZim sues RBZ over US$ payments

Resources group, RioZim, has sued the central bank to force it to pay over $92 million it claims is owed dating back to 2016 in a case that highlights the…  <http://www.bulls.co.zw/2018/11/22/riozim-sues-rbz-over-us-payments/> Read more »

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

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

Africa Albida enjoys ‘busiest year ever’ as tourists return

Hospitality group Africa Albida Tourism (AAT) says it is enjoying its busiest year ever, with occupancies at its flagship property Victoria Falls Safari Lodge enjoying occupancies of over 80% over…  <http://www.bulls.co.zw/2018/11/22/africa-albida-enjoys-busiest-year-ever-as-tourists-return/> Read more »

Econet share price drops

ECONET Wireless Zimbabwe Limited’s (EWZL) saw a 32,4% dip to its share price to $1,6531 as of the end of yesterday’s trading as the market re-evaluated the company due to… <http://www.bulls.co.zw/2018/11/22/econet-share-price-drops/> Read more »

Zupco eyes partial privatisation 22 investors eye struggling company

LOCAL Government minister July Moyo yesterday told Parliament that 22 investors from local and abroad had expressed interest in struggling State-owned transport operator, Zimbabwe United Passenger Company (Zupco) as government…  <http://www.bulls.co.zw/2018/11/22/zupco-eyes-partial-privatisation-22-investors-eye-struggling-company/> Read more »

No Harare Carnival this year

AFTER many false starts, the Zimbabwe Tourism Authority (ZTA) – organisers of the Harare International Carnival – have decided to defer the hosting of the event this year. “The much-anticipated… <http://www.bulls.co.zw/2018/11/22/no-harare-carnival-this-year/> Read more »

Comesa–EU sign €48m trade facilitation programme

THE Common Market for Eastern and Southern Africa (Comesa) and the European Union have signed a €48,3 million trade facilitation programme aimed at deepening regional integration, improving inclusive regional economic… <http://www.bulls.co.zw/2018/11/22/comesa-eu-sign-e48m-trade-facilitation-programme/> Read more »

 <mailto:info at bulls.co.zw> 

Agro sector gets 15pc salary raise

Workers in the agro sector – those who process agricultural produce – have been awarded a 15 percent wage increase. The National Employment Council for agricultural industry of Zimbabwe chief…  <http://www.bulls.co.zw/2018/11/22/agro-sector-gets-15pc-salary-raise/> Read more »

Budget should be couched around TSP

Professor Mthuli Ncube’s first National Budget presentation, which is expected today, should be couched around the Transitional Stabilisation Programme (TSP), which is itself the first phase of the Vision 2030,… <http://www.bulls.co.zw/2018/11/22/budget-should-be-couched-around-tsp/> Read more »

 <mailto:info at bulls.co.zw> 

Kwesé iflix hits 5 million users in Zim

Media streaming service, Kwesé iflix, now has more than 5 million users in Zimbabwe and continues to grow rapidly, according to Econet Wireless Zimbabwe CEO Mr Douglas Mboweni. He said… <http://www.bulls.co.zw/2018/11/22/kwese-iflix-hits-5-million-users-in-zim/> Read more »

Govt moves to curb inputs abuse

Vice President Kembo Mohadi hands over maize seed and fertilisers to beneficiaries at the launch of the 2018 Presidential Inputs Support Scheme in Lutumba, Beitbridge, in September Government has come… <http://www.bulls.co.zw/2018/11/22/govt-moves-to-curb-inputs-abuse/> Read more »

‘Zim Airways not part of AirZim’

Zimbabwe Airways is a completely different and autonomous entity from Air Zimbabwe and is therefore not part of the reconstruction process, Ministry of Transport of Infrastructure Development Acting Permanent Secretary…  <http://www.bulls.co.zw/2018/11/22/zim-airways-not-part-of-airzim/> Read more »

Pepsi to double production in Zimbabwe

Indian soft drinks manufacturer, Varun Beverages has said it is doubling production at its recently-commissioned $40 million Pepsi manufacturing and bottling plant in Harare. The company, which is the largest… <http://www.bulls.co.zw/2018/11/22/pepsi-to-double-production-in-zimbabwe/> Read more »

Vaya Rider targets 1 000 drivers

CASSAVA On Demand Services, a division of Cassava Smartech Zimbabwe, has launched its Vaya Rider service in Bulawayo, and intends to recruit 1 000 active drivers in the region by…. <http://www.bulls.co.zw/2018/11/19/vaya-rider-targets-1-000-drivers/> Read more »

Musimboti cashes in on drugs crisis

CERTIFIED herbal medicines manufacturer, Musimboti Traditional Science and Technology Institute (MTSTI), has over the past two months experienced a surge in business as patients resort to traditional medicine following rampant… <http://www.bulls.co.zw/2018/11/19/musimboti-cashes-in-on-drugs-crisis/> Read more »

Building value chains, skills for Vision 2030

Zimbabwe aspires to be an upper middle-income economy with a per capita income of US$3 500 by 2030. This requires fundamental transformations and shifts in the economy. Our Transitional Stabilisation…  <http://www.bulls.co.zw/2018/11/15/building-value-chains-skills-for-vision-2030/> Read more »

INVESTORS DIARY 2018

Company

Event

Venue

Date & Time

Finance minister Mthuli Ncube presents 2019 National Budget

Parliament

22/11/2018

Simbisa Brands

AGM

Standards Association of Zimbabwe, Northend Close, Borrowdale

23/11/2018 (8:15am)

Axia

AGM

Chapman Golf Club, Eastlea

27/11/2018 (8:15am )

Econet

AGM

Econet Park, Msasa

29/11/2018  (9am )

Econet

EGM

Econet Park, Msasa

29/11/2018  (10am )

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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