Bulls n Bears Investors Notebook Issue 297: 25 July 2019

Thu Jul 25 04:45:17 CAT 2019

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Bulls n Bears Investors Notebook Issue 297: 25 July 2019

Bulls 'n Bears Investors Diary: Today's Events

Quotable Quote:

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

Zimbabwe c.bank eases forex rules for some in bid to improve dollar flows

(Reuters) - Oil firms, chrome miners, embassies and international
organisations in Zimbabwe can use foreign currencies for local transactions,
the central bank said, easing rules for some sectors in a.
<http://www.bulls.co.zw/2019/07/25/zimbabwe-c-bank-eases-forex-rules-for-som
e-in-bid-to-improve-dollar-flows/> Read more >

Zimbabwe drinks maker Delta reports 57% slide in lager sales

(Reuters) - Zimbabwe's Delta Corporation , the country's largest beverage
maker, reported a 57% drop in first-quarter lager sales on Wednesday as
consumers slashed spending amid the worst economic crisis.
<http://www.bulls.co.zw/2019/07/25/zimbabwe-drinks-maker-delta-reports-57-sl
ide-in-lager-sales/> 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: Sadc's potential biggest fish producer

Zimbabwe has the potential to become one of the region's biggest fish
producers with a vibrant aquaculture in the SADC region, analysts have said.
Despite being landlocked, Zimbabwe holds approximately.
<http://www.bulls.co.zw/2019/07/25/zim-sadcs-potential-biggest-fish-producer
/> Read more >

Rebate of duty on inherited goods

Certain goods belonging to a deceased person who has been resident outside
Zimbabwe can be brought into the country duty free as per the Customs and
Excise Act Chapter 23:02.
<http://www.bulls.co.zw/2019/07/25/rebate-of-duty-on-inherited-goods/> Read
more >

Supplementary Budget next week

Finance and Economic Development Minister Professor Mthuli Ncube is next
week expected to unveil his mid-year Fiscal Review and Supplementary Budget
Statement to give impetus to the Transitional Stabilisation Programme.
<http://www.bulls.co.zw/2019/07/25/supplementary-budget-next-week/> Read
more >

 <mailto:info at bulls.co.zw> 

Cabinet sets up energy inter-ministerial committee

Cabinet has set up an Inter-ministerial committee to look into the energy
challenges facing the country and explore workable solutions aimed at
alleviating the plight of ordinary people. This come.
<http://www.bulls.co.zw/2019/07/25/cabinet-sets-up-energy-inter-ministerial-
committee/> Read more >

Zim-Namibia to sign 7 agreements

PRESIDENT Mnangagwa is in Namibia on a three-day state visit, which
coincides with the signing of seven bilateral agreements between Harare and
Windhoek. The President was welcomed at Hosea Kutako.
<http://www.bulls.co.zw/2019/07/25/zim-namibia-to-sign-7-agreements/> Read
more >

 <mailto:info at bulls.co.zw> 

Meikles Group Seeking Shareholders Green Light To Dispose Hotel

Meikles group has advised that it will soon seek the approval of
shareholders in a bid to auction Meikles hotel to Alwardy. The group
confirmed a month ago, reports of.
<http://www.bulls.co.zw/2019/07/25/meikles-group-seeking-shareholders-green-
light-to-dispose-hotel/> Read more >

Paying ESKOM US$10 Million Didn't Guarantee Increased Electricity Imports -
CHASI

Energy minister, advocate Fortune Chasi is expected to go to South Africa
next week to resume power talks with that country's power utility, ESKOM.
This comes after ESKOM refused to.
<http://www.bulls.co.zw/2019/07/25/paying-eskom-us10-million-didnt-guarantee
-increased-electricity-imports-chasi/> Read more >

Nissan Boss Says Africa Should Ban Second-hand Vehicle Imports

Nissan Group director of sales and operations for Africa, Jim Dando has
urged African countries to ban the importation of second-hand vehicles.
Dando argued that Africa should manufacture its vehicles.
<http://www.bulls.co.zw/2019/07/25/nissan-boss-says-africa-should-ban-second
-hand-vehicle-imports/> Read more >

Zimbabwean Banks Get 10 Days to Respond to $100 Million Lawsuit

Zimbabwean banks have been served with a summons in a $100 million lawsuit
accusing lenders of colluding to stamp out competition in the provision of
bulk-payment services, such as salary.
<http://www.bulls.co.zw/2019/07/25/zimbabwean-banks-get-10-days-to-respond-t
o-100-million-lawsuit/> Read more >

Zimbabwe Agricultural Show Dates Changed

The Zimbabwe Agricultural Society (ZAS), has brought forward the dates for
the Zimbabwe Agricultural Show, previously known as the Harare Agricultural
Show. The development was revealed by ZAS chief executive.
<http://www.bulls.co.zw/2019/07/25/zimbabwe-agricultural-show-dates-changed/
> Read more >

EcoCash Silently Increases Wallet-To-Bank Fee

Up, up, up and everything goes up. EcoCash silently increased the
wallet-to-bank charges from $1 to $2. The wallet-to-bank transaction allows
EcoCash holders to move money from the mobile money.
<http://www.bulls.co.zw/2019/07/25/ecocash-silently-increases-wallet-to-bank
-fee/> Read more >

Cassava (Econet) Launching Sasai, A Chat And Payments App Seeking To
Challenge WhatsApp Dominance In Africa

Cassava Fintech International, the Econet Global owned company is launching
a chat app targeted at the African continent next week. We first talked
about the app, Sasai several weeks ago.
<http://www.bulls.co.zw/2019/07/25/cassava-econet-launching-sasai-a-chat-and
-payments-app-seeking-to-challenge-whatsapp-dominance-in-africa/> 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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