Bulls n Bears Investors Notebook Issue 288: 12 July 2019

Fri Jul 12 04:15:53 CAT 2019

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Bulls n Bears Investors Notebook Issue 288: 12 July 2019

Bulls 'n Bears Investors Diary: Today's Events

Quotable Quote:

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

Humps ahead as Govt targets export-led industrialisation

The use of antiquated machinery coupled with shortages of both foreign
currency and electricity will derail the country's potential to achieve
export-led industrialisation as highlighted in its recently launched
industrial.
<http://www.bulls.co.zw/2019/07/12/humps-ahead-as-govt-targets-export-led-in
dustrialisation/> Read more >

Telecoms sector, let's pay attention

The latest telecoms sector statistics, released by the Postal &
Telecommunications Regulatory Authority of Zimbabwe (Potraz), for the first
quarter to April 2019, should make worrying reading for all Zimbabweans.
<http://www.bulls.co.zw/2019/07/12/telecoms-sector-lets-pay-attention/> Read
more >

 <mailto:info at bulls.co.zw> 

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

Zim needs $34bn for infrastructure upgrade

Zimbabwe will need as much as US$43 billion in the next decade to revamp
infrastructure to achieve sustainable levels of economic growth, according
to the African Development Bank. The water.
<http://www.bulls.co.zw/2019/07/12/zim-needs-34bn-for-infrastructure-upgrade
/> Read more >

Zim poised for gold boom

Zimbabwe is poised for a boom in gold production after Government announced
that it will henceforth enforce a clause of the Mines and Minerals Act that
gives the state the.
<http://www.bulls.co.zw/2019/07/12/zim-poised-for-gold-boom/> Read more >

Edgars hit by working capital constraints.Will resort to borrowing to close
gap .SI 142 slows demand

Zimbabwe Stock Exchange-listed entity, Edgars Limited, says it intends to
borrow more capital to fund its capex requirements, enhance growth in the
micro finance unit and working capital, which has.
<http://www.bulls.co.zw/2019/07/12/edgars-hit-by-working-capital-constraints
will-resort-to-borrowing-to-close-gap-si-142-slows-demand/> Read more >

 <mailto:info at bulls.co.zw> 

CBZ scoops best bank award

The country's biggest financial services group, CBZ Holdings Limited, on
Wednesday scooped Zimbabwean best bank award at the Euromoney awards held in
the United Kingdom. This award recognises the bank's.
<http://www.bulls.co.zw/2019/07/12/cbz-scoops-best-bank-award/> Read more >

ZHL seeks to raise US$10m offshore

Zimbabwe Stock Exchange-listed entity Zimre Holdings Limited (ZHL), is
looking at raising US$10 million at its subsidiary Emeritus Reinsurance,
sources familiar with developments have revealed. ZHL is currently trading
under.
<http://www.bulls.co.zw/2019/07/12/zhl-seeks-to-raise-us10m-offshore/> Read
more >

 <mailto:info at bulls.co.zw> 

Zim trims trade deficit by 72pc

The country's trade deficit narrowed by 72,7 percent between February and
May this year to $300 million from $1,1 billion during the comparable period
last year, official data from the.
<http://www.bulls.co.zw/2019/07/12/zim-trims-trade-deficit-by-72pc/> Read
more >

Banks ditch Paynet, test own system

RELATIONS between banks and bulk electronic payments service provider,
Paynet Zimbabwe, may have irretrievably broken amid revelations that the
banks are on the verge of testing an alternative system. This.
<http://www.bulls.co.zw/2019/07/12/banks-ditch-paynet-test-own-system/> Read
more >

Treasury Bills for price discovery: Guvamatanga

The $80 million Treasury Bills issued out by Government this week are only
for price discovery purposes and not for funding expenditure, according to
Secretary for Finance and Economic Development.
<http://www.bulls.co.zw/2019/07/12/treasury-bills-for-price-discovery-guvama
tanga/> Read more >

Govt to expunge legacy debts through Brady Bonds

Treasury will use Brady Bonds to expunge US$1,2 billion worth of external
private sector legacy debts as Government moves to restore and increase
investor confidence in the country, it has.
<http://www.bulls.co.zw/2019/07/12/govt-to-expunge-legacy-debts-through-brad
y-bonds/> Read more >

Mobile phone penetration rate drops

Zimbabwe's mobile penetration rate dropped 9,8 percentage points in the
first quarter of 2019 to 83,3 percent compared to the fourth quarter in 2018
as a result of the tough.
<http://www.bulls.co.zw/2019/07/12/mobile-phone-penetration-rate-drops/>
Read more >

'Dollarisation failed to create jobs'

While Zimbabwe registered remarkable economic growth during the
multi-currency era, the period dismally failed to generate significant
formal jobs, research findings 5released by the Reserve Bank of Zimbabwe
(RBZ) reveal..
<http://www.bulls.co.zw/2019/07/12/dollarisation-failed-to-create-jobs/>
Read more >

'Regional market ripe for Zim exports'

THE regional market is ripe for Zimbabwean exports and local producers need
to improve the quality of their output to enhance their competitiveness.
Trade development and export promotion agency, ZimTrade's.
<http://www.bulls.co.zw/2019/07/12/regional-market-ripe-for-zim-exports/>
Read more >

INVESTORS DIARY 2019

Company

Event

Venue

Date & Time

REST OF AFRICA

Counters Trading Under Cautionary

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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