Bulls n Bears Investors Notebook Issue 311: 16 August 2019

Fri Aug 16 04:12:22 CAT 2019

 <http://www.bulls.co.zw/> Bulls.co.zw
<mailto:info at bulls.co.zw?subject=View%20and%20Comments> Views & Comments
<http://www.bulls.co.zw/blog> Bullish Thoughts
<http://www.twitter.com/BullsBears2010> Twitter
<https://www.facebook.com/BullsBearsZimbabwe> Facebook
<http://www.linkedin.com/pub/bulls-n-bears-zimbabwe/57/577/72> LinkedIn
<mailto:info at bulls.co.zw?subject=Unsubscribe> Unsubscribe

Bulls n Bears Investors Notebook Issue 311: 16 August 2019

Bulls 'n Bears Investors Diary: Today's Events

Quotable Quote:

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

Padenga diversifies into gold to reduce risk

Listed crocodile breeder, Padenga's proposed diversification into
alternative export oriented business will help the company reduce
concentration risk. The group will seek shareholder approval for the
acquisition of a 50,1.
<http://www.bulls.co.zw/2019/08/16/padenga-diversifies-into-gold-to-reduce-r
isk/> Read more >

Reforms to pay medium, long term dividends

ONGOING economic reforms will pay dividends in the medium to long term, says
leading global economic research firm Fitch Solutions, as the measures being
implemented take time to take root..
<http://www.bulls.co.zw/2019/08/16/reforms-to-pay-medium-long-term-dividends
/> Read more >

 <mailto:info at bulls.co.zw> 

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

ZSE investors lose US$2bn in under two months. . . value of Zim's biggest
firms now at 10-year low

In just over a month since Zimbabwe dropped the multi-currency system,
investors on the Zimbabwe Stock Exchange have lost over US$2 billion, and
brokers say the market is now at.
<http://www.bulls.co.zw/2019/08/16/zse-investors-lose-us2bn-in-under-two-mon
ths-value-of-zims-biggest-firms-now-at-10-year-low/> Read more >

Insurance, pensions players to consider prescribed assets

Zimbabwe's insurance and pensions industry want a broad re-consideration of
the requirements in investing in prescribed assets in view of emerging risks
from recent currency reforms and an inflationary operating.
<http://www.bulls.co.zw/2019/08/16/insurance-pensions-players-to-consider-pr
escribed-assets/> Read more >

US$500m for sugar plantations sought

Zimbabwe needs US$500 million investment to develop new sugar cane
plantations after creating additional irrigation capacity following the
completion of the Tugwi Mukosi Dam in 2017, which has capacity to.
<http://www.bulls.co.zw/2019/08/16/us500m-for-sugar-plantations-sought/>
Read more >

 <mailto:info at bulls.co.zw> 

ICAZ takes energy challenges to SA

Energy development will take centre stage at the Chartered Accountants of
Zimbabwe (ICAZ) Winter School in South Africa as the country seeks
investments and sustainable solutions to the obtaining power.
<http://www.bulls.co.zw/2019/08/16/icaz-takes-energy-challenges-to-sa/> Read
more >

Humps ahead as Zim targets finance centre

Finance and Economic Development Minister Mthuli Ncube says Zimbabwe is
"very serious" about establishing an Offshore Financial Centre (OFC) in the
country, but analysts say given the country's handling of.
<http://www.bulls.co.zw/2019/08/16/humps-ahead-as-zim-targets-finance-centre
/> Read more >

 <mailto:info at bulls.co.zw> 

Lancashire Steel says requires additional funding

KWEKWE-BASED wire-making company, Lancashire Steel says it needs an
additional ZWL$19 million to ensure it smoothly emerges from the woods after
closing down in 2010 due to operational constraints. The..
<http://www.bulls.co.zw/2019/08/16/lancashire-steel-says-requires-additional
-funding/> Read more >

Second quarter power generation below target: ZPC

THE Zimbabwe Power Company (ZPC) says electricity generated in the second
quarter of the year was 7,56 percent below target on the back of a host of
challenges. ZPC generates.
<http://www.bulls.co.zw/2019/08/16/second-quarter-power-generation-below-tar
get-zpc/> Read more >

ZimTrade challenges avocado growers

THE national trade development and export promotion agency, ZimTrade says
the country should take advantage of its favourable climate to grow organic
avocadoes and increase exports of the crop to.
<http://www.bulls.co.zw/2019/08/16/zimtrade-challenges-avocado-growers/>
Read more >

Fotraz warns of cyber criminals

THE Forex Traders' Association of Zimbabwe (Fotraz) has urged its members to
be alert for cyber criminals who are on the prowl using social media
platforms to swindle unsuspecting online.
<http://www.bulls.co.zw/2019/08/16/fotraz-warns-of-cyber-criminals/> Read
more >

Seed Co anticipates firm demand across region

Regional seed manufacturer, Seed Co Limited's expansion initiatives in
Africa are expected to bear fruit this 2019/20 farming season on the back of
increased varieties and capacity, good weather and.
<http://www.bulls.co.zw/2019/08/16/seed-co-anticipates-firm-demand-across-re
gion/> Read more >

Mthuli's budget gets Parly nod

FINANCE Minister Professor Mthuli Ncube's Finance Bill and $10,62 billion
Supplementary Budget as well as measures proposed in the mid-term budget to
boost production and revenue inflows sailed past the.
<http://www.bulls.co.zw/2019/08/16/mthulis-budget-gets-parly-nod/> 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/2019/08/16> 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.

Invest Wisely!

Bulls n Bears

Telephone:    <tel:%2B263%204%202927658> +263 4 2927658

Cellphone:      <tel:%2B263%2077%20344%201674> +263 719 441 674

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 

Whatsapp Group:   <https://chat.whatsapp.com/CF6wllAfScU9Wr6dXxoQnO> Click
Here to Join

---
This email has been checked for viruses by Avast antivirus software.
https://www.avast.com/antivirus
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20190816/15c9cab7/attachment-0001.html>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image001.jpg
Type: image/jpeg
Size: 29845 bytes
Desc: not available
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20190816/15c9cab7/attachment-0004.jpg>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image002.jpg
Type: image/jpeg
Size: 29442 bytes
Desc: not available
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20190816/15c9cab7/attachment-0005.jpg>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image003.jpg
Type: image/jpeg
Size: 29441 bytes
Desc: not available
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20190816/15c9cab7/attachment-0006.jpg>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image004.jpg
Type: image/jpeg
Size: 3256 bytes
Desc: not available
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20190816/15c9cab7/attachment-0007.jpg>