Bulls n Bears Investors Notebook Issue 173: 11 January 2019

Fri Jan 11 11:59:52 CAT 2019

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Bulls n Bears Investors Notebook Issue 173: 11 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

Industry To Shut Down In 30 Days If Foreign Currency Is Not Availed - CZI
President

The Confederation of Zimbabwe Industries (CZI) revealed that businesses are
left with less than a month's supply of foreign-sourced raw materials. In
essence, the industry will shut down in a.
<http://www.bulls.co.zw/2019/01/11/industry-to-shut-down-in-30-days-if-forei
gn-currency-is-not-availed-czi-president/> Read more >

Delta Sold Much More Beer In 2018 Festive Season Than 2017

Even as the economic crisis worsened in December, Delta Corporation has said
that it sold more Lager and Sorghum beers in the October to December period
of 2018 than they.
<http://www.bulls.co.zw/2019/01/11/delta-sold-much-more-beer-in-2018-festive
-season-than-2017/> Read more >

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

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

One month's raw materials supply left: CZI

THE majority of Zimbabwe's businesses are left with less than a month's
supply of foreign-sourced raw materials and could come to a complete
standstill if the country's foreign currency shortages.
<http://www.bulls.co.zw/2019/01/11/one-months-raw-materials-supply-left-czi/
> Read more >

Firm launches ICT fuel management system

A FUEL solutions technology company, Garage and Forecourt (Pvt) Ltd, is
rolling out an ITC based fuel management system that it argues might be
panacea to manual and less accurate.
<http://www.bulls.co.zw/2019/01/11/firm-launches-ict-fuel-management-system/
> Read more >

Zimbabwe Uses 480 Million Litres Of Fuel In 6 Months, 77% Increase In Fuel
Consumption Unexplained

Zimbabwe consumed 480 million litres of petrol and diesel in six months
between June and November last year than in the same period in 2017. This is
a 77 percent.
<http://www.bulls.co.zw/2019/01/11/zimbabwe-uses-480-million-litres-of-fuel-
in-6-months-77-increase-in-fuel-consumption-unexplained/> Read more >

FOREX WOE: Unable to take its US$120m out of Zim, global brewer buys RBZ
bonds

HARARE: Global brewing giant Anheuser-Busch Inbev will invest more than $120
million of its dividends and fees trapped in Zimbabwe in the central bank's
savings bonds. The development was confirmed.
<http://www.bulls.co.zw/2019/01/11/forex-woe-unable-to-take-its-us120m-out-o
f-zim-global-brewer-buys-rbz-bonds/> Read more >

Manufacturers favour tuckshops paying forex

GOVERNMENT'S battle to provide lowly priced products to citizens could be
futile as long as manufacturers continue to deliver goods to traders in the
informal sector, particularly the tuck shops.
<http://www.bulls.co.zw/2019/01/11/manufacturers-favour-tuckshops-paying-for
ex/> Read more >

 <mailto:info at bulls.co.zw> 

SA waste management firm keen to invest in Zim

A SOUTH African company, Mashana Business Enterprises - whose
representatives met President Mnangagwa at the World Economic Forum in
Davos, Switzerland last year - has approached Government with a US$327.
<http://www.bulls.co.zw/2019/01/11/sa-waste-management-firm-keen-to-invest-i
n-zim/> Read more >

Industry engages Government

GOVERNMENT is working towards resolving production bottlenecks in the
manufacturing sector that have seen high prices for several products and
shortages in some cases. This comes as industrialists engaged Industry.
<http://www.bulls.co.zw/2019/01/11/industry-engages-government/> 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 

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