Bulls n Bears Investors Notebook Issue 310: 15 August 2019
Bulls n' Bears
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Thu Aug 15 03:56:53 CAT 2019
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Bulls n Bears Investors Notebook Issue 310: 15 August 2019
Bulls n Bears Investors Diary: Todays Events
Quotable Quote:
Relations are all about: Winning, Losing & Sharing.
Winning Trust, Losing ego
Millers favour dialogue to court process over grain trading
THE Grain Millers Association of Zimbabwe (GMAZ) says the milling industry
will not participate in the ongoing litigation against Lands, Agriculture,
Water, Climate and Rural Resettlement Minister Perrance Shiri seeking
<http://www.bulls.co.zw/2019/08/15/millers-favour-dialogue-to-court-process-
over-grain-trading/> Read more »
Diasporans make submissions to NRZ
THE Diaspora Infrastructure Development Group (DIDG) has made submissions to
the National Railways of Zimbabwe (NRZ) following the appointment of
AfreximBank as the mandated lead arranger and co-ordinating bank to
<http://www.bulls.co.zw/2019/08/15/diasporans-make-submissions-to-nrz/> Read
more »
<mailto:info at bulls.co.zw>
For more business & financial updates log onto <http://www.bulls.co.zw/>
www.bulls.co.zw
Choppies to exit SA market, chairman to step down
Botswana-based grocery retailer, Choppies, has announced that it will be
exiting the South African market, four years after expanding into the
country. It also stated that Festus Mogae would be
<http://www.bulls.co.zw/2019/08/15/choppies-to-exit-sa-market-chairman-to-st
ep-down/> Read more »
National project status for Solgas
Solgas, an independent renewable power project being implemented under a
US$7 million facility in Cross Mabale in Hwange District, has been granted
national project status. Ministry of Finance and Economic
<http://www.bulls.co.zw/2019/08/15/national-project-status-for-solgas/> Read
more »
Falgold considers recapitalisation options
LISTED mining group, Falcon Gold (Falgold), says it is considering options
for an additional $2,5 million to recapitalise its operations. The mining
concern, which has been in a loss making
<http://www.bulls.co.zw/2019/08/15/falgold-considers-recapitalisation-option
s/> Read more »
<mailto:info at bulls.co.zw>
400MW Eskom Deal Done, Load Shedding Back To Stage 1 ZESA Spokesperson
The Zimbabwe Electricity Supply Authority (ZESA), has revealed that the
power deal with South Africas power utility, Eskom, has finally been
consummated. Zimbabwe is currently receiving 400MW from Eskom. In
<http://www.bulls.co.zw/2019/08/15/400mw-eskom-deal-done-load-shedding-back-
to-stage-1-zesa-spokesperson/> Read more »
UK Avails £49 Million Towards Drought Relief In Zimbabwe
The United Kingdoms International Development Secretary, Alok Sharma, on
August 9 revealed that her government had availed £49 million towards food
aid for Zimbabwe. This follows an appeal for assistance
<http://www.bulls.co.zw/2019/08/15/uk-avails-49-million-towards-drought-reli
ef-in-zimbabwe/> Read more »
<mailto:info at bulls.co.zw>
Govt must expedite agric exchange facility
ONE of the targets of the Transitional Stabilisation Programme is the
operationalisation of the Agriculture Commodity Exchange to guarantee market
access for farmers and boost their income. Given the critical
<http://www.bulls.co.zw/2019/08/15/govt-must-expedite-agric-exchange-facilit
y/> Read more »
Twenty Third Century Systems wins another deal in Malawi
Zimbabwes pan-African integrated information communication technology
solutions company, Twenty Third Century Systems (TTCS), has won another
tender in Malawi with a new deal to integrate various solutions for the
countrys
<http://www.bulls.co.zw/2019/08/15/twenty-third-century-systems-wins-another
-deal-in-malawi/> Read more »
Comesas Simplified Trade Regime
The Common Market for Eastern and Southern Africa (Comesa) implemented
Simplified Trade Regime (STR) to help the small trader to benefit from the
preferential rates enjoyed by commercial traders when
<http://www.bulls.co.zw/2019/08/15/comesas-simplified-trade-regime/> Read
more »
Confronting unemployment question through research
Graduates should retrace their footsteps from the classroom to the
boardroom to make valuable introspections before they put the obvious
blame on rare job opportunities in Zimbabwe. The recommendation followed
<http://www.bulls.co.zw/2019/08/15/confronting-unemployment-question-through
-research/> Read more »
Finance Bill fast tracked
The House of Assembly yesterday shelved a scheduled temporary recess and
resumed sitting in order to process three major Bills, more importantly, the
proposed legislation relating to the legal status
<http://www.bulls.co.zw/2019/08/15/finance-bill-fast-tracked/> Read more »
Investors are part of economic reforms
Foreign and local investors are a critical element in the ongoing economic
reforms to ensure their success, economic expert Professor Ashok Chakravati
has said. He said this while addressing a
<http://www.bulls.co.zw/2019/08/15/investors-are-part-of-economic-reforms/>
Read more »
Choppies inks debt bailout deal
KENYAN shareholders of the Botswana-headquartered retail chain, Choppies,
will bailout the retailer to settle part of its supplier debt estimated at
Sh600 million as it looks to restock its stores
<http://www.bulls.co.zw/2019/08/14/choppies-inks-debt-bailout-deal/> Read
more »
INVESTORS DIARY 2019
Company
Event
Venue
Date & Time
REST OF AFRICA
Counters Trading Under Cautionary
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.
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