Bulls n Bears Investors Notebook Issue 172:19 September 2018

Wed Sep 19 13:00:49 CAT 2018

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Bulls n Bears Investors Notebook Issue 172:19 September 2018

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

Bulls 'n Bears Investors Diary: Today's Events

Quotable Quote:

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

Zimbabwe motorists to pay more in toll fees

Hard-pressed motorists will have to dig deeper into their depleted pockets
for toll fees, after Zinara announced yesterday that it was increasing the
number of tollgates on the country's highways..
<http://www.bulls.co.zw/2018/09/19/zimbabwe-motorists-to-pay-more-in-toll-fe
es/> Read more >

Ecocash and swipe are gradually being phased out

Norman Mpofu has said the Ecocash and swipe method of payment which has
become the major methods of payment are now being rendered useless as some
shops now demand payment.
<http://www.bulls.co.zw/2018/09/19/ecocash-and-swipe-are-gradually-being-pha
sed-out/> Read more >

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

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

Govt to launch transitional economic plan

GOVERNMENT plans to launch a Transitional Economic Stabilisation Programme
mid next month, which is expected to set the tone for the attainment of a
middle-income economy by 2030. This was.
<http://www.bulls.co.zw/2018/09/19/govt-to-launch-transitional-economic-plan
/> Read more > 

Unclaimed pension benefits rise to $30m

THE value of unclaimed pension benefits has risen to $30 million with about
48 000 pensionable claims on the books of insurance companies lying
unclaimed, the Insurance and Pensions Commission.
<http://www.bulls.co.zw/2018/09/19/unclaimed-pension-benefits-rise-to-30m/>
Read more > 

Asset management key to long-term financial planning

In an effort to make life better, the Zimnat Group offers services essential
for prudent wealth management, from insuring wealth to providing short-term
financing solutions and long-term financial planning. This.
<http://www.bulls.co.zw/2018/09/19/asset-management-key-to-long-term-financi
al-planning/> Read more >

'US dollar to anchor economic recovery'

PRESIDENT Mnangagwa has reassured the nation that the United States dollar
will remain the bedrock of Government plans for accelerated reforms to
address the multiplicity of challenges besetting the economy,.
<http://www.bulls.co.zw/2018/09/19/us-dollar-to-anchor-economic-recovery/>
Read more >

Amtec expands to Vic Falls

AMTEC Motors (Amtec), a local automotive dealer specialising in vehicle
sales, spare parts and accessories and vehicle servicing, says it has
positioned itself for future growth, buoyed by strong automotive.
<http://www.bulls.co.zw/2018/09/19/amtec-expands-to-vic-falls/> Read more >

 <mailto:info at bulls.co.zw> 

Mnangagwa rejects Mines Bill

President Emmerson Mnangagwa has returned the Mines and Minerals Amendment
Bill of 2015 to Parliament to have sticking issues addressed before he can
sign it into law. The legislation was.
<http://www.bulls.co.zw/2018/09/19/mnangagwa-rejects-mines-bill/> Read more
>

Bulawayo hosts youth tourism conference

THE Zimbabwe Youth in Tourism (ZYT) is hosting a five-day conference in
Bulawayo to market Brand Zimbabwe as well as engage in dialogue that will
enhance youth business entrepreneurial skills..
<http://www.bulls.co.zw/2018/09/19/bulawayo-hosts-youth-tourism-conference/>
Read more >

 <mailto:info at bulls.co.zw> 

James North projects 60% growth

JAMES North Zimbabwe, the largest producer of industrial protective wear and
tarpaulins, projects output to increase well above 60% in 2018, buoyed by
increased demand from the formal sector, currently.
<http://www.bulls.co.zw/2018/09/19/james-north-projects-60-growth/> Read
more >

Finance Minister Says Zimbabwe Should Be Investing In Understanding
Cryptocurrencies

There is a ray of hope for cryptocurrencies fans in Zimbabwe after the new
Finance Minister, Professor Mthuli Ncube showed a clear interest in digital
currencies. He said that The.
<http://www.bulls.co.zw/2018/09/18/finance-minister-says-zimbabwe-should-be-
investing-in-understanding-cryptocurrencies/> Read more >

Zim engages Chinese firm over Harare-Beitbridge road

Government says it will engage China's Anhui Foreign Economic Construction
Company (AFECC) to resolve fresh issues that appear to have stalled progress
on the implementation of the $1 billion Harare.
<http://www.bulls.co.zw/2018/09/17/zim-engages-chinese-firm-over-harare-beit
bridge-road/> Read more >

NSSA finds investor for closed Beitbridge hotel

Beitbridge - The National Social Security Authority (NSSA) is working on a
finalising an agreement with a leading hotel company that will see its
Beitbridge hotel re-opening with mixed facilities.
<http://www.bulls.co.zw/2018/09/17/nssa-finds-investor-for-closed-beitbridge
-hotel/> Read more >

Portnex cut off over $28m ZESA debt

Zimbabwe Electricity Supply Authority (ZESA) has cut off power supply to
Kwekwe based ferrochrome producer, Portnex Private Limited over a bill
estimated to be hovering above $28million. Portnex is producing.
<http://www.bulls.co.zw/2018/09/17/portnex-cut-off-over-28m-zesa-debt/> Read
more >

Pension breather for Zim firms

The Insurance and Pensions Commission (IPEC) is pushing to have outstanding
contribution arrears to local pension funds amounting to $600 million
ring-fenced and amortised over a 20-year period - to.
<http://www.bulls.co.zw/2018/09/17/pension-breather-for-zim-firms/> Read
more > 

INVESTORS DIARY 2018

Company

Event

Venue

Date & Time

Hippo

AGM

Meikles

26/09/2018 12PM

Bindura

AGM

Chapman Golf Club, Eastlea

27/09/2018 9AM

CBZH

interim dividend of 0.5c per share record date

28/09/2018

Hippo

final dividend of 2c per share record date

28/09/2018

Star Africa

AGM

45 Douglas Road, Workington

28/09/2018 11AM

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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