Bulls n Bears Investors Notebook Issue 388: 06 December 2019
Bulls n' Bears
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Fri Dec 6 03:36:08 CAT 2019
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Bulls n Bears Investors Notebook Issue 388: 06 December 2019
Bulls ‘n Bears Investors Diary: Today’s Events
Quotable Quote:
Relations are all about: Winning, Losing & Sharing.
Winning Trust, Losing ego
Zim edges closer to oil discovery
AUSTRALIA Stock Exchange (ASX) listed Invictus Energy, says geo-chemical tests on rock samples from its Muzarabani prospect, Mashonaland Central Province, have further affirmed possible existence of oil deposits on its… <http://www.bulls.co.zw/2019/12/06/zim-edges-closer-to-oil-discovery/> Read more »
Govt changes subsidy model
Government is doing away with all subsidies that were creating distortions in the economy and will only maintain or put in place those that are meant to protect vulnerable members… <http://www.bulls.co.zw/2019/12/06/govt-changes-subsidy-model/> Read more »
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For more business & financial updates log onto <http://www.bulls.co.zw/> www.bulls.co.zw
Government starts servicing ZiscoSteel debt
Redcliff Municipality has received $7 million from Treasury as part payment of a $14 million debt owed to the local authority by Government, which it assumed from ZiscoSteel. The debt… <http://www.bulls.co.zw/2019/12/06/govt-changes-subsidy-model/> Read more »
Seed Co to introduce dryer
The Zimbabwe Stock Exchange-listed seed processor, Seed Co, is working on introducing a seed drying facility to enable it prepare the inputs timeously for farmers to receive allocations way ahead… <http://www.bulls.co.zw/2019/12/06/seed-co-to-introduce-dryer/> Read more »
Blending level down to E10
The Zimbabwe Energy Regulatory Authority (Zera) yesterday announced the reduction in the level of petrol blending with ethanol on the market by 10 percentage points to E10. The reduction, which… <http://www.bulls.co.zw/2019/12/06/blending-level-down-to-e10/> Read more »
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JSE records biggest selloff
JOHANNESBURG. — Foreign investors have ditched more than R141 billion ($9,6 billion) of South African stocks and bonds this year — the biggest annual selloff in at least a decade,… <http://www.bulls.co.zw/2019/12/06/jse-records-biggest-selloff/> Read more »
Maize meal price slashed: subsidy restored
Government has announced a new subsidy on maize meal that will see the retail price of a 10kg packet of roller meal pegged at $50. Finance and Economic Development Minister… <http://www.bulls.co.zw/2019/12/06/maize-meal-price-slashed-subsidy-restored/> Read more »
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Help build economy, business urged
Private businesses are critical in growing Zimbabwe’s economy and should exploit the Government’s moves to improve infrastructure,” the President has said. Addressing the Zimbabwe National Chamber of Commerce (ZNCC) 2019… <http://www.bulls.co.zw/2019/12/06/help-build-economy-business-urged/> Read more »
Security firm makes regional inroads
ONE of the country’s leading indigenous security firms, Nokel Security (Private) Limited, has started making overtures into regional markets buoyed by the attainment of an internationally-recognised standards certificate. Nokel Security…… <http://www.bulls.co.zw/2019/12/06/security-firm-makes-regional-inroads/> Read more »
Fastjet launches Bulawayo-Joburg flight
LOW-COST airline, Fastjet, yesterday officially launched its Bulawayo-Johannesburg flight, which is expected to increase capacity utilisation of the Joshua Mqabuko Nkomo International Airport and enhance business linkages. The new direct… <http://www.bulls.co.zw/2019/12/06/fastjet-launches-bulawayo-joburg-flight/> Read more »
EU bankrolls integrated poultry scheme
THE European Union has availed €6 million for the poultry extension services targeting the southern region of the country under the inclusive poultry value chain (IPVC) intervention scheme. The programme… <http://www.bulls.co.zw/2019/12/06/eu-bankrolls-integrated-poultry-scheme/> Read more »
Redcliff gets $7m of Zisco debt
REDCLIFF Municipality has received $7 million from Treasury as part of repayment of a $14 million debt accrued by the now defunct Zisco. The country’s steel manufacturing plant closed down… <http://www.bulls.co.zw/2019/10/22/card-cloning-cases-on-the-rise/> Read more »
Chinese Bus Company Agrees To Set Up Plant In Zimbabwe – First Lady
Zimbabwe’s First Lady, Mrs Auxillia Mnangagwa has said that a Chinese bus company has, in addition to partnering with her Angel of Hope Foundation, agreed to set up a plant… <http://www.bulls.co.zw/2019/12/06/chinese-bus-company-agrees-to-set-up-plant-in-zimbabwe-first-lady/> Read more »
INVESTORS DIARY 2019
Company
Event
Venue
Date & Time
REST OF AFRICA
Counters Trading Under Cautionary
Bindura Nickel Corp
CBZH
Dawn
Delta
Falgold
Fidelity
MedTech
Meikles
Turnall
Unifreight
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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