Bulls n Bears Investors Notebook Issue 171: 09 January 2019

Wed Jan 9 11:01:29 CAT 2019

 <http://www.bulls.co.zw/> Bulls.co.zw        <mailto:bulls at bulls.co.zw>
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 171: 09 January 2019

 <mailto:info at bulls.co.zw> 

Bulls 'n Bears Investors Diary: Today's Events

Quotable Quote:

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

Govt suspends duty on commodities

Suspension of duty on selected commodities among them luxury and public
service buses, ammonium nitrate fertilisers, fertilised eggs for hatching
and powdered raw milk among other critical goods, came into.
<http://www.bulls.co.zw/2019/01/09/govt-suspends-duty-on-commodities/> Read
more >

Avoid market jitters, stay the course

The recent inflation spike coupled with volatility on the parallel market,
low interest rates and a hazy economic outlook are just a few ingredients of
what seems to be a.
<http://www.bulls.co.zw/2019/01/09/avoid-market-jitters-stay-the-course/>
Read more >

 <http://www.firstmutualproperties.co.zw/> 

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

President lays out 2019 vision

President Mnangagwa will next week go on a five-nation working visit as his
administration intensifies its engagement and re-engagement drive,
Presidential spokesperson Mr George Charamba revealed yesterday. Mr Charamba
also.  <http://www.bulls.co.zw/2019/01/09/president-lays-out-2019-vision/>
Read more >

Zim's currency conundrum

ZIMBABWE'S ongoing currency crisis can be best described as a conundrum. Not
only is it problematic, but it is also confusing and complex. On the one
hand, you have an.
<http://www.bulls.co.zw/2019/01/09/zims-currency-conundrum/> Read more >

Tobacco farmers cautious as El Nino threat lurks

ZIMBABWE'S tobacco farmers have increased the area under the golden leaf
this year, but remain cautious that output will surpass last year's 252
million kilogrammes record as the threat of.
<http://www.bulls.co.zw/2019/01/09/tobacco-farmers-cautious-as-el-nino-threa
t-lurks/> Read more >

Govt wage bill increases 10-fold

ZIMBABAWE'S public sector monthly wage bill has increased 10-fold to $300
million over the past decade, official data has shown. The actual size of
the southern African country's labour force.
<http://www.bulls.co.zw/2019/01/09/govt-wage-bill-increases-10-fold/> Read
more >

Drawing similarities between current economic crisis and 2008 one

The crisis recorded in 2008 and the one currently unfolding share almost the
same umbilical cord and are structurally the same and most of the lessons
call for the application.
<http://www.bulls.co.zw/2019/01/08/drawing-similarities-between-current-econ
omic-crisis-and-2008-one/> Read more >

 <mailto:info at bulls.co.zw> 

Delta hikes beer prices

Beverages giant, Delta Corporation, yesterday announced new recommended
wholesale and retail prices for its clear beer products that are sold across
the country, a move that has resulted in a.
<http://www.bulls.co.zw/2019/01/08/delta-hikes-beer-prices/> Read more >

Natfoods re-opens Mutare milling plant

National Foods Limited will this week re-open its Mutare maize milling plant
as it seeks to meet the growing demand of maize meal, a senior official said
yesterday. The plant.
<http://www.bulls.co.zw/2019/01/08/natfoods-re-opens-mutare-milling-plant/>
Read more >

 <mailto:info at bulls.co.zw> 

2019 ZITF preps underway

Preparation for the 60th edition of the Zimbabwe International Trade Fair
(ZITF) kicked off with reports indicating that at least 64 percent of the 49
631 square metres available for.
<http://www.bulls.co.zw/2019/01/08/2019-zitf-preps-underway/> Read more >

Apex offloads Phoenix shareholding

Engineering group Apex Holdings said yesterday it was offloading its
majority shareholding in Phoenix Consolidated Industries which is currently
under judicial management. Apex holds a 46,68 percent stake in the.
<http://www.bulls.co.zw/2019/01/08/apex-offloads-phoenix-shareholding/> Read
more >

Miners want to import own fuel

ZIMBABWE Miners Federation (ZMF), the representative body of small-scale
miners, says it is pushing for a licence to import fuel for onward
distribution to its members to ensure continuity of.
<http://www.bulls.co.zw/2019/01/08/miners-want-to-import-own-fuel/> Read
more >

Drawing similarities between current economic crisis and 2008 one

The crisis recorded in 2008 and the one currently unfolding share almost the
same umbilical cord and are structurally the same and most of the lessons
call for the application.
<http://www.bulls.co.zw/2019/01/08/drawing-similarities-between-current-econ
omic-crisis-and-2008-one/> Read more >

Coal suppliers demand cash upfront

Major coal suppliers to Zimbabwe Power Company (ZPC), the generation arm of
State power utility Zesa Holdings, are demanding prepayments to guarantee
security of coal supply, according to minutes of a board meeting seen by
Business Weekly. Such arrangement may disrupt power generation at thermal
power stations if ZPC fails to get enough energy coal from the two major
suppliers in instances where it does not have cash for the prepayments or if
it experiences cash-flow hiccups.  <http://www.bulls.co.zw/> Read more >

Govt Releases $2,5 Million For Wheat Following Threats By Supplier To Cut
Off Deal

Government made a $2,5 million payment after Holbud threatened to cut off
the deal citing Harare's delay in meeting its financial obligations. Holbud
delivered 30 000 metric tonnes of wheat worth $12,2 million. The UK based
supplier last week raised concern over Zimbabwe's delay in paying for the
wheat that docked in Beira nine days ago. Full electronic payment of the
bulk consignment was expected on arrival and the wheat has been attracting
$17 000 storage charges daily.  <http://www.bulls.co.zw/> Read more >

Govt Lose $3,5 Billion To Company Directors Who Shut Down Companies, Then
Re-open Under Different Names

The government has reportedly lost over $3,5 billion because of company
directors who shut down their firms in order to avoid payment of taxes only
to re-establish themselves under different trading names. This was revealed
by the Minister of Finance and Economic Development Mthuli Ncube. Ncube
urged the Parliament to support the insertion of a clause to the law that
holds devious directors of companies that are wound up or declared insolvent
liable in their personal capacities. Said Ncube:  <http://www.bulls.co.zw/>
Read more >

INVESTORS DIARY 2019

Company

Event

Venue

Date & Time

REST OF AFRICA

Counters Trading Under Cautionary

Border Timbers

Econet Wireless Zimbawe

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 77 344 1674

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 

-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20190109/c67fbdac/attachment-0001.html>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image001.jpg
Type: image/jpeg
Size: 29401 bytes
Desc: not available
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20190109/c67fbdac/attachment-0003.jpg>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image002.jpg
Type: image/jpeg
Size: 29134 bytes
Desc: not available
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20190109/c67fbdac/attachment-0004.jpg>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image003.jpg
Type: image/jpeg
Size: 4846 bytes
Desc: not available
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20190109/c67fbdac/attachment-0005.jpg>