Bulls n Bears Investors Notebook Issue 397: 20 December 2019

Fri Dec 20 02:15:52 CAT 2019

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Bulls n Bears Investors Notebook Issue 397: 20 December 2019

Bulls 'n Bears Investors Diary: Today's Events

Quotable Quote:

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

Telcos revenue up

Combined revenues for the country's three mobile telecommunications
companies rose by 121 percent from $375 million to record $828,8 million as
upward adjustments in tariffs shielded the sector from inflationary.
<http://www.bulls.co.zw/2019/12/20/telcos-revenue-up/> Read more >

Emirates doubles export cargo

The volume of export cargo carried by aviation giant, Emirates Airline's
cargo division SkyCargo from Zimbabwe, nearly doubled to 2 000 tonnes
between 2017 and 2019, a senior official said..
<http://www.bulls.co.zw/2019/12/20/emirates-doubles-export-cargo/> Read more
>

 <mailto:info at bulls.co.zw> 

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

Starafrica revenue in profitability jump

A CHANGE in product mix as well as cost containment paid dividends for sugar
processor, starafricacorporation, after the firm's turnover and
profitability improved significantly in the half year to September.
<http://www.bulls.co.zw/2019/12/20/starafrica-revenue-in-profitability-jump/
> Read more >

Mt Hampden City taking shape

The development of residential areas near the new Parliament Building in
Mount Hampden has started with 300 low-density housing stands having been
serviced in a Government-approved new estate. Plans are.
<http://www.bulls.co.zw/2019/12/20/mt-hampden-city-taking-shape/> Read more
>

'Fashion sector lacks investors'

The local fashion sector is struggling to grow due to lack of investors. The
sector, which has seen the rise of many new designers and brands that are
good enough.
<http://www.bulls.co.zw/2019/12/20/fashion-sector-lacks-investors/> Read
more >

 <mailto:info at bulls.co.zw> 

$255m ZimCoke deal still on: Govt

GOVERNMENT has said that the $255 million ZimCoke deal is still on as it has
not yet received any formal communication from the Zimbabwe Iron and Steel
Company (Ziscosteel) board.
<http://www.bulls.co.zw/2019/12/20/255m-zimcoke-deal-still-on-govt/> Read
more >

Schweppes to resume orange crush production

SCHWEPPES Zimbabwe Limited, which recently stopped producing Mazoe Orange
Crush says production of the beverage would resume by weekend following
acquisition of key raw materials. Continued production would, however, be.
<http://www.bulls.co.zw/2019/12/19/schweppes-to-resume-orange-crush-producti
on/> Read more >

 <mailto:info at bulls.co.zw> 

$8m upmarket hotel opens in Vic Falls

A NEW upmarket $8 million hotel has opened in Victoria Falls to cater for
high end clients who seek exclusive experience for holiday. Mbano Manor
Hotel, was built by Dr.
<http://www.bulls.co.zw/2019/12/19/8m-upmarket-hotel-opens-in-vic-falls/>
Read more >

City Of Harare Intends To Extend Vehicle Clamping To Residential Areas

Harare City Council has revealed its intentions to extend vehicle clamping
to residential areas as it seeks to broaden its revenues flows. This was
revealed in the Finance and Development.
<http://www.bulls.co.zw/2019/12/19/city-of-harare-intends-to-extend-vehicle-
clamping-to-residential-areas/> Read more >

EcoCash Loses Ground To NetOne's OneMoney

Ecocash's market share fell slightly in the third quarter to 30 September
2019 while NetOne's OneMoney grew marginally over the same period compared
to the previous quarter of the same.
<http://www.bulls.co.zw/2019/12/19/ecocash-loses-ground-to-netones-onemoney/
> Read more >

Bakers Inn Slashes Price Of Bread

Bakers Inn outlets in Bulawayo slashed the price of a standard loaf of bread
from $18,50 to $16.50, in a bid to lure customers back after sales fell
drastically. Bakers'.
<http://www.bulls.co.zw/2019/12/19/bakers-inn-slashes-price-of-bread/> Read
more >

New Bill Demanding Taxes In Forex If People Can't Prove Transactions Were In
Zimbabwe Dollar

A new Finance (No 3) 2019 Bill sailed through the National Assembly on
Tuesday evening and will give effect to fiscal measures in the 2020 National
Budget. The Bill compels.
<http://www.bulls.co.zw/2019/12/19/new-bill-demanding-taxes-in-forex-if-peop
le-cant-prove-transactions-were-in-zimbabwe-dollar/> Read more >

Parliamentarians Beg Finance Minister To Re-dollarise The Economy

Members of Parliament have urged Finance Minister, Professor Mthuli Ncube to
re-dollarise the economy saying that businesses, including government-owned,
had informally re-dollarised already. These remarks were said by former
Finance.
<http://www.bulls.co.zw/2019/12/19/parliamentarians-beg-finance-minister-to-
re-dollarise-the-economy/> 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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