Bulls n Bears Investors Notebook Issue 390: 10 December 2019
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Tue Dec 10 04:12:36 CAT 2019
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Bulls n Bears Investors Notebook Issue 390: 10 December 2019
Bulls 'n Bears Investors Diary: Today's Events
Quotable Quote:
Relations are all about: Winning, Losing & Sharing.
Winning Trust, Losing ego
Citizens Living Outside Zimbabwe to Pay Over US$300 for New Passports
The Zimbabwean government says passport seekers living outside the country
are now supposed to fork out US$318 with immediate effect. According to the
state-controlled Herald newspaper, the government has given.
<http://www.bulls.co.zw/2019/12/10/citizens-living-outside-zimbabwe-to-pay-o
ver-us300-for-new-passports/> Read more >
VAYA Launches 'Mushika Shika' Service In Harare
One of Zimbabwe's ride-hailing services VAYA from CassavaSmartech has
launched an auto-rickshaw service to beat the traffic blues in the Harare's
Central Business District. Dubbed the VAYA Hopper, The taxi.
<http://www.bulls.co.zw/2019/12/10/vaya-launches-mushika-shika-service-in-ha
rare/> Read more >
<mailto:info at bulls.co.zw>
For more business & financial updates log onto <http://www.bulls.co.zw/>
www.bulls.co.zw
'Address forex access issues'
Varun Beverages Zimbabwe's billionaire Indian investor, Ravi Jaipuria, says
the Government must address issues around access to foreign currency needed
by industry for key raw material imports to make the.
<http://www.bulls.co.zw/2019/12/10/address-forex-access-issues/> Read more >
Gold deliveries lose glitter
GOLD deliveries to Fidelity Printers and Refineries (FPR), the country's
sole legal gold buyer, are now certain to fall below Government set target
of 40 tonnes for the year after.
<http://www.bulls.co.zw/2019/12/10/gold-deliveries-lose-glitter/> Read more
>
ZSE, GetBucks join hands for SMEs
The Zimbabwe Stock Exchange (ZSE) is collaborating with GetBucks
Microfinance Bank Limited (Getbucks) to operationalise the Zimbabwe Emerging
Enterprise Market (ZEEM). A memorandum of understanding between the two has
already.
<http://www.bulls.co.zw/2019/12/10/zse-getbucks-join-hands-for-smes/> Read
more >
<mailto:info at bulls.co.zw>
Prospect gets 5-year tax break
Prospect Resources, which is developing a lithium mine in the Goromonzi
area, will be exempt from paying export tax on unprocessed lithium from its
planned Arcadia Mine for five years,.
<http://www.bulls.co.zw/2019/12/10/prospect-gets-5-year-tax-break/> Read
more >
Ecobank rules the roost
Ecobank Zimbabwe Limited was named the Best Bank in Zimbabwe 2019, at the
Europe, Middle East, and Africa (EMEA) Finance African Banking Award
ceremony held in London last week. According.
<http://www.bulls.co.zw/2019/12/10/ecobank-rules-the-roost/> Read more >
<mailto:info at bulls.co.zw>
ZSE engages Getbucks over SME stock exchange
The Zimbabwe Stock Exchange (ZSE) is collaborating with GetBucks
Microfinance Bank Limited (Getbucks) to operationalise the Zimbabwe Emerging
Enterprise Market (ZEEM). A memorandum of understanding between the two has
already.
<http://www.bulls.co.zw/2019/12/10/zse-engages-getbucks-over-sme-stock-excha
nge/> Read more >
Chinese firm willing to invest in Zim
A CHINESE medical oxygen engineering firm has expressed willingness to set
up manufacturing plants at Zimbabwe's five referral hospitals in a
development expected to reduce the country's medical oxygen import.
<http://www.bulls.co.zw/2019/12/10/chinese-firm-willing-to-invest-in-zim/>
Read more >
Zimplow on course to meet targets
FARMING implements manufacturer, Zimplow Limited, says it is targeting niche
opportunities and balance sheet management to consolidate positive
performance and meet its full-year targets. In a trading update for the.
<http://www.bulls.co.zw/2019/12/10/zimplow-on-course-to-meet-targets/> Read
more >
SA investor makes bribery claims
A South African investor, who was recently awarded a licence for a US$250
million 100MW solar project, claims the deal is being frustrated by
officials who are pressing for a.
<http://www.bulls.co.zw/2019/12/10/sa-investor-makes-bribery-claims/> Read
more >
Choppies sells ailing SA operations
BOTSWANA grocery retailer, Choppies Enterprises, will sell its loss-making
South African operations for only a rand to escape existing liabilities and
inject 100 million rand ($6.8 million) into the business..
<http://www.bulls.co.zw/2019/10/22/card-cloning-cases-on-the-rise/> Read
more >
Exchange rate gains boost BNC profits
BINDURA Nickel Corporation (BNC) says its net profit for the half-year ended
September, 2019 surged 136 percent to US$6.6 million on the back of exchange
rate gains and a decline.
<http://www.bulls.co.zw/2019/12/10/exchange-rate-gains-boost-bnc-profits/>
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.
Invest Wisely!
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