Bulls n Bears Investors Notebook Issue 262: 06 June 2019

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Thu Jun 6 05:41:09 CAT 2019


	
 

	
 


 

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Bulls n Bears Investors Notebook Issue 262: 06 June 2019

 


 

 


 <mailto:info at bulls.co.zw> 

 


 

 


Bulls 'n Bears Investors Diary: Today's Events

 


Turnall

AGM

Msasa Room, Rainbow Towers

06 June  2019, 10am

 


 

 


Quotable Quote:

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

 

'Delta pleased with forex availability'

ZIMBABWE'S biggest beverages manufacturer, Delta Corporation, says it has
witnessed a marked improvement in the accessibility of foreign currency on
the interbank market and is now "pleased to offer" some.
<http://www.bulls.co.zw/2019/06/06/delta-pleased-with-forex-availability-2/>
Read more >

 


 

 

 


 

Rejuvenated CSC rehabilitates ranches

THE (CSC) has embarked on a massive rehabilitation of infrastructure at its
ranches across the country as it prepares to resume full-scale operations
before the end of the year. Cabinet..
<http://www.bulls.co.zw/2019/06/06/rejuvenated-csc-rehabilitates-ranches/>
Read more >

 	

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

 


 

 


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

 

'Beast' named Zimbabwe tourism ambassador

ZIMBABWE-born Springbok prop, Tendai Mtawarira, has been named tourism
ambassador for Destination Zimbabwe. The Zimbabwe Tourism Authority (ZTA)
has said the main objective for the appointment is to increase tourism.
<http://www.bulls.co.zw/2019/06/06/beast-named-zimbabwe-tourism-ambassador/>
Read more >

 


 

 

 

 


 

 

Forex situation improves: CZI president

THE manufacturing sector has started benefiting from the US$500 million
facility recently secured by Government to stabilise the foreign exchange
market, newly elected Confederation of Zimbabwe Industries (CZI) president,
Mr.
<http://www.bulls.co.zw/2019/06/06/forex-situation-improves-czi-president/>
Read more >

 

	
 


 

 

Counterfeit goods hurt business: Mapwashike

Zimbabwe has become a haven of counterfeit and smuggled goods despite
efforts to curb this illicit trade, an anti-counterfeit watchdog has said.
In a statement to mark World Counterfeit Day.
<http://www.bulls.co.zw/2019/06/06/counterfeit-goods-hurt-business-mapwashik
e/> Read more >

 


 

 

 

 


 

 

	 


 <mailto:info at bulls.co.zw> 

 


 

 

	 

		
Econet most popular telecom service provider: Survey

Zimbabwe's leading mobile network provider, Econet Wireless Zimbabwe, has
emerged as the most popular telecom service provider, according to an
industry survey for the year 2018. Econet, which is also.
<http://www.bulls.co.zw/2019/06/06/econet-most-popular-telecom-service-provi
der-survey/> Read more >

 

	
 

 

 

	
 

Zim hosts Sadc finance indaba

MORE than 25 development finance institutions from the Sadc region are
meeting in Victoria Falls to deliberate on how best future capital projects
can embrace environment friendly practices. The meeting.
<http://www.bulls.co.zw/2019/06/06/zim-hosts-sadc-finance-indaba/> Read more
>

 

	
 

	 


 <mailto:info at bulls.co.zw> 

 

	
 

	
 

Industry happy with forex facility

THE manufacturing sector has started benefiting from the US$500 million
facility recently secured by Government to stabilise the foreign exchange
market, newly elected Confederation of Zimbabwe Industries (CZI) president
Mr. <http://www.bulls.co.zw/2019/06/06/industry-happy-with-forex-facility/>
Read more >

 

	
 

 

 

	
 

Govt signs US$100m agric deal

Government has signed contracts with Belarus and John Deere for the supply
of agriculture mechanisation equipment worth US$100 million, as it moves to
close Zimbabwe's mechanisation gap that is estimated.
<http://www.bulls.co.zw/2019/06/06/govt-signs-us100m-agric-deal/> Read more
>

 

	
 

	 

	
 

	
 

	
 

	 

	
 

Renewable energy way to go: Chasi

The Minister of Energy and Power Development, Fortune Chasi, has called for
greater private sector participation in the generation of renewable solar
energy to help complement Government's electricity supply. Speaking.
<http://www.bulls.co.zw/2019/06/06/renewable-energy-way-to-go-chasi/> Read
more >

 

	
 

 

 

	
 

Mealie meal, soft drink prices go up by 100%

ZIMBABWE's food basket was Tuesday further stretched after prices of the
staple maize meal doubled. The Grain Millers Association of Zimbabwe (GMAZ)
and beverages manufacturer, Schweppes Zimbabwe Limited, announced they.
<http://www.bulls.co.zw/2019/06/05/mealie-meal-soft-drink-prices-go-up-by-10
0/> Read more >

 


 

 

 

 

	
 

	
 

'Embrace RTGS dollar for local trade'

RESERVE Bank of Zimbabwe (RBZ) deputy governor Dr Kupukile Mlambo has called
on Zimbabweans to embrace the reference RTGS dollar for domestic
transactions and reduce pressure on foreign currency requirements.
<http://www.bulls.co.zw/2019/06/05/embrace-rtgs-dollar-for-local-trade/>
Read more >

 

	
 

 

 

	
 

Tobacco industry seeks $400m boost

THE Tobacco Industry and Marketing Board (TIMB) is seeking $400 million from
the market to boost the on-going auction system and capacitate small-scale
tobacco growers, a senior industry executive has.
<http://www.bulls.co.zw/2019/06/05/tobacco-industry-seeks-400m-boost/> Read
more >

 

	
 

 

 

	
 

DDF seeks review of roadworks contractor rates

THE District Development Fund (DDF) says it is facing a litany of service
delivery challenges that have seen contractors engaged for road projects
threatening to withdraw services citing high fuel.
<http://www.bulls.co.zw/2019/06/05/ddf-seeks-review-of-roadworks-contractor-
rates/> Read more >

 

	
 

	
 


 

INVESTORS DIARY 2019

 


Company

Event

Venue

Date & Time

 


 

 


Turnall

AGM

Msasa Room, Rainbow Towers

06 June  2019, 10am

 


RTG

AGM

Jacaranda Rooms 2 and 3, Rainbow Towers

12 June 2019, 12pm

 


Zimplow

AGM

Head Office, 36 Birmingham Road, Southerton

13 June 2019, 10am

 


TSL

AGM

28 Simon Mazorodze Road, Southerton

19 June 2019, 12pm

 


Zimpapers

AGM

Boardroom, 6th Floor, Herald House

20 June 2019, 12pm

 


Masimba Holdings

AGM

Head Office, 44 Tilbury Road, Willowvale

21 June 2019, 12:30pm

 


RioZim

AGM

1 Kenilworth Road, Highlands

24 June 2019, 10:30am

 


Proplastics

AGM

Palm Court, Meikles

25 June  2019, 10am

 


MedTech

AGM

Boardroom, Stand 619, corner Shumba/Hacha Roads, Ruwa

27 June 2019, 2pm

 


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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