Major International Business Headlines Brief::: 11 June 2019

Tue Jun 11 04:19:11 CAT 2019

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Major International Business Headlines Brief::: 11 June 2019

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

*  Securities trading in South African sugar producer Tongaat suspended

*  Moody's lowers South African growth forecast after Q1 slump

*  Kenya Airways aims to double fleet over 5 years on path to profit

*  Nigeria's securities regulator suspends Oando's annual shareholder
meeting

*  Tanzania central bank cuts reserve requirement to lift lending

*  eSwatini calls for solar power bids to ease reliance on S.Africa's Eskom

*  Egypt's annual headline inflation rises to 14.1% in May - statistics
agency

*  South African rand starts week on stronger footing

*  Kenyan shilling firms, supported by diaspora remittances inflows

*  Huawei: US blacklist will harm billions of consumers

*  Trump 'concerned' about $121bn defence mega-merger

*  UK economy hit by 'dramatic' fall in car output

*  UK signs post-Brexit free trade deal with South Korea

*  Thomas Cook receives approach from China's Fosun

*  Three to launch 5G service in August

 <mailto:info at bulls.co.zw> 

Securities trading in South African sugar producer Tongaat suspended

JOHANNESBURG (Reuters) - Trading in South African sugar producer Tongaat
Hulett’s securities on the Johannesburg Stock Exchange and London Stock
Exchange was suspended on Monday after a delay in the publishing of its
financial statements and a review into past financial practices, the company
said.

Tongaat, which has operations in South Africa, Mozambique and Zimbabwe, said
last month its 2018 results could face a potential hit of up to 4.5 billion
rand ($306.38 million) following a review of its accounting practices.

 <mailto:info at bulls.co.zw> 

Moody's lowers South African growth forecast after Q1 slump

JOHANNESBURG (Reuters) - Ratings agency Moody’s said on Monday that it had
lowered its forecast for South Africa’s 2019 economic growth to 1.0% from
1.3% after it said a first-quarter contraction had dented the government’s
revenue and policy options.

Moody’s is the last of the big three international credit firms to rate
South Africa at investment grade.

President Cyril Ramaphosa’s efforts to revive Africa’s most advanced economy
were dealt a blow last week when data showed gross domestic product had
contracted by a quarterly 3.2% in the first three months of 2019, the
largest contraction in a decade.

Ramaphosa’s African National Congress (ANC) is also in the midst of a row
over the central bank’s role, which has rattled financial markets.

“The quarterly decline, the largest in 10 years, is credit negative for the
Government of South Africa’s (Baa3 stable) revenue and policy options,”
Lucie Villa, Moody’s lead sovereign analyst for South Africa, wrote in a
research report.

“The first-quarter contraction presages low growth in the year as a whole,”
Villa added.

If Moody’s were to relegate South African debt to “junk” status, billions of
dollars could leave the economy, analysts say.

Kenya Airways aims to double fleet over 5 years on path to profit

NAIROBI (Reuters) - Kenya Airways plans to double its fleet over the next
five years, its chairman said on Monday, as the loss-making carrier combats
regional rivals like Ethiopian.

The Kenyan airline, which is 48.9% government-owned and 7.8% by Air
France-KLM, restructured $2 billion of debt in 2017 and is opening new
routes as it seeks to return to profit.

It had a fleet of 41 airplanes at the end of last year, comprising a mix of
wide and narrow body Boeing planes, compared with Ethiopian which operates
more than 100 planes.

Kenya Airways, which also operates Bombardier and Embraer planes on its
short and medium haul flights, is restructuring its aircraft leasing
agreements and its other debts to free up cash for investment in new planes,
Chairman Michael Joseph told a shareholder meeting.

“We intend to double the size of the fleet over the next five years if we
can find the right financial structure to do this,” Joseph said.

Efforts by the airline to boost its revenue by taking over the running of
Nairobi’s Jomo Kenyatta International Airport were thwarted by a
parliamentary committee last month.

The cabinet had backed a plan last year to hand over management of the
profitable airport, the largest in the country, to Kenya Airways to
revitalise its balance sheet and allow it to buy new planes and open new
routes.

Kenya Airways wants to emulate rival carriers who operate airports, taking
advantage of profitable services such as catering, fuel distribution, cargo
and maintenance.

The parliament’s transport committee has instead proposed that the
government considers other ways of helping the carrier, including exempting
it from paying taxes.

Chief Executive Sebastian Mikosz, who was hired in 2017 to help turn around
the airline, said last month he would resign at the end of this year for
personal reasons, casting its recovery into doubt.

The chairman however said the airline’s management was intact despite
Mikosz’s planned departure, adding he would leave behind a solid team but
declining to say when a replacement for Mikosz will be chosen.

Nigeria's securities regulator suspends Oando's annual shareholder meeting

ABUJA (Reuters) - Nigeria’s securities regulator has ordered the suspension
of Oando’s annual shareholder meeting due to be held on June 11, the
Securities and Exchange Commission (SEC) said on Monday.

The regulator said the suspension was due to ongoing litigation after it set
up an interim management team and ordered Oando’s chief executive, Wale
Tinubu and others to resign following an investigation over financial
infractions.

A federal court in Lagos last week blocked the securities regulator from
replacing Oando’s chief executive and taking other action against the oil
company, pending further hearings on the case, a court document seen by
Reuters showed.

Tinubu has dismissed the SEC charges as unsubstantiated.

Last month, the SEC ordered Lagos-listed Oando, which also has a dual
listing in Johannesburg, to hold an extra-ordinary meeting before July 1, to
appoint new directors after its regulatory action against certain members of
the board including Oando’s chief executive.

Tanzania central bank cuts reserve requirement to lift lending

NAIROBI (Reuters) - Tanzania’s central bank will cut the proportion of
deposits banks must maintain as reserves to 7% from 8% as of July 1, in
order to boost lending, a report seen by Reuters shows.

The East African nation does not set interest rates using a benchmark,
instead imposes a statutory minimum reserve requirement to influence private
sector credit growth.

Its central bank last cut the reserve requirement in March 2017, when it
reduced it to 8% from 10%.

“There is still a need for more growth of credit to the private sector in
order to support sustainable economic growth,” the central bank said in a
circular to all commercial banks which was seen by Reuters on Monday.

Some investors say that the policies of President John Magufuli’s government
have made it harder for them to operate in the gold-producing country since
he was elected in 2015.

The government has embarked on an ambitious programme of industrialisation,
but foreign investment has fallen after government interventions in mining
and agriculture.

Foreign direct investment fell to 2 percent of GDP in 2017, down from about
5 percent in 2014, the World Bank said.

The IMF projected a rate of GDP growth of around 4-5 percent in the medium
term, should current policies continue.

That forecast differed from the government’s projection that the economy
will grow by 7.3 percent in 2019 after an estimated 7.2 percent expansion
last year.

eSwatini calls for solar power bids to ease reliance on S.Africa's Eskom

MBABANE (Reuters) - The kingdom of eSwatini has called for bids to build 40
megawatts (MW) of solar power capacity to reduce reliance on South Africa’s
troubled state power firm Eskom.

The kingdom, formerly known as Swaziland, imports 80 percent of its
electricity from South Africa, where the cash-strapped national supplier has
implemented some of the worst rolling blackouts in years and has needed a
state bailout to survive.

Sikhumbuzo Nkambule, communications and consumer affairs manager at the
eSwatini Energy Regulatory Authority, told Reuters the solar project would
cut electricity imports and boost job creation, and could also stimulate
foreign investment.

The bidding process will close on Aug. 23. The government wants Swaziland to
produce 100% of its own power by 2034.

The country plans to expand hydro-electric power generation from the Maguga
Dam project, near the capital Mbabane.

Under the project, water from the dam would be used to generate an extra 20
MW, Khaya Mavuso, a representative for eSwatini Electricity Company, told
the Times of Swaziland newspaper.

>From June this year, the company would also gain access to an additional 10
MW from a solar plant to be located in southeast of eSwatini.

Egypt's annual headline inflation rises to 14.1% in May - statistics agency

CAIRO (Reuters) - Egypt’s annual urban consumer price inflation increased to
14.1% in May from 13% in April, official statistics agency CAPMAS said on
Monday.

Egypt is approaching the end of an IMF-backed economic reform programme that
saw inflation rise to a high of 33 percent in 2017.

South African rand starts week on stronger footing

JOHANNESBURG (Reuters) - South Africa’s rand started the week firmer against
the dollar on Monday, recovering some ground after steep losses last week
against the U.S. currency.

Among factors supporting the rand, the United States shelved plans to impose
tariffs on Mexico and investors hoped for lower U.S. interest rates on the
back of lacklustre jobs data.

At 0715 GMT, the rand traded at 14.9175 versus the dollar, around 0.4
percent stronger than its previous close.

“There is still some residual momentum after the U.S. non-farm payroll miss,
but the main emerging market story this morning is that President Trump has
suspended placing tariffs on Mexico indefinitely,” Andre Botha, senior
dealer at TreasuryONE, said in a research note.

The rand slumped last week as a row over the central bank’s mandate rattled
investors and as the economy contracted sharply in the first quarter.

Government bonds were also stronger on Monday, with the yield on the
benchmark 2026 instrument 2 basis points lower at 8.455 percent.

On the stock market, the Johannesburg Stock Exchange’s All-share index was
around 0.4 percent higher in early trade.

Kenyan shilling firms, supported by diaspora remittances inflows

NAIROBI (Reuters) - The Kenyan shilling firmed against the dollar on Monday
supported by inflows from diaspora remittances amid thin demand from
merchandise importers, traders said.

At 0744 GMT, commercial banks quoted the shilling at 101.05/25 per dollar,
compared with 101.15/35 at Friday’s close.

Huawei: US blacklist will harm billions of consumers

A US move to put Huawei on a trade blacklist "sets a dangerous precedent"
that will harm billions of consumers, the firm's top legal officer said.

Speaking at a press conference, Song Liuping said the trade ban would also
"directly harm" American companies and affect jobs.

Washington recently added Huawei to a list of companies that US firms cannot
trade with unless they have a licence.

The trade ban is part of a wider battle between the US and Huawei.

Washington has moved to block the Chinese company, the world's largest maker
of telecoms equipment, on national security concerns.

Huawei has repeatedly denied claims the use of its products presents
security risks, and says it is independent from the Chinese government.

"Politicians in the US are using the strength of an entire nation to come
after a private company," Mr Song said.

Mr Song said the decision to put Huawei, which is also the world's second
largest smartphone maker, on the so-called "entity list" would have
far-reaching implications.

"This decision threatens to harm our customers in over 170 countries,
including more than three billion consumers who use Huawei products and
services around the world."

"By preventing American companies from doing business with Huawei, the
government will directly harm more than 1,200 US companies. This will affect
tens of thousands of American jobs."

What about other US moves against Huawei?

Speaking to reporters in Shenzhen, Mr Song also outlined steps that Huawei
had taken in relation to a lawsuit it filed against the US government in
March.

The case relates to restrictions that prevent US federal agencies from using
Huawei products.

The firm said it has filed a motion for a "summary judgement", asking US
courts to speed up the process to "halt illegal action against the company".

"The US government has provided no evidence to show that Huawei is a
security threat. There is no gun, no smoke. Only speculation," Mr Song said.

A hearing on the motion has been set for 19 September.--BBC

Trump 'concerned' about $121bn defence mega-merger

Donald Trump has warned he is a "little concerned" that a merger between two
of the US's major defence giants could reduce competition.

United Technologies Corp (UTC) and Raytheon propose a $121bn (£96bn) deal
combining the makers of missiles, electronic warfare systems, and engines
for Airbus and the F-35 fighter jet.

A soon as the firms confirmed the plan the US president voiced caution.

The US spends hundreds of billions of dollars each year with defence firms.

Analysts say a merger of UTC, whose divisions include the aero-engine maker
Pratt & Whitney, and Raytheon, maker of the Tomahawk and the Patriot missile
systems, would be likely to re-shape the defence sector as other firms look
to consolidate.

But Mr Trump said the merger could harm competition and make it more
difficult for the US government to negotiate defence contracts.

"I want to see that we don't hurt our competition," he said in an interview
with US broadcaster CNBC.

Mr Trump praised both companies and said he hoped a deal can be done, but
warned: "I don't want to see where we have one less person that can compete
for an order. I don't want to see that. It's no good."

UTC chief executive Greg Hayes, when asked about the comments, said he would
talk to the president later on Monday.

Although the two companies have some customers in common, they argue that
their business overlap is limited. The deal faces detailed scrutiny from US
competition regulators that will take months.

Part of the rationale for the deal is the huge investment needed to develop
next-generation equipment such as weapons which fly faster than the speed of
sound and incorporating artificial intelligence into defence systems.

The merger "will define the future of aerospace and defence," Mr Hayes said.
The companies employ about 180,000 worldwide.

JP Morgan analyst Seth Seifman said news of the merger was "a surprise, but
we see real rationales on both sides in scale, diversification in the face
of cyclical uncertainty, and financial benefits".--BBC

UK economy hit by 'dramatic' fall in car output

A "dramatic" fall in car production and an easing of stockpiling by
manufacturers meant the economy shrank in April, official figures show.

The economy contracted 0.4% from the month before, according to the Office
for National Statistics (ONS).

The contraction meant growth for the three months to April slowed to 0.3%.

Factory shutdowns designed to cope with disruption from a March Brexit
slashed UK car production in April by nearly half, the industry said last
month.

BMW's Mini factory in Oxford brought forward its summer maintenance shutdown
to April to minimise any disruption surrounding Brexit. Other manufacturers'
annual stoppages were also brought forward.

'Hangover'

The economy had seen a spurt of growth in the run-up to the proposed March
date for the UK leaving the European Union, as manufacturers stockpiled
parts, raw materials and goods in the anticipation of holdups at the border.

After the Brexit deadline was extended to October, it suffered the reverse
effects as these supply reserves were used up and fewer purchases were made.

"The hangover that's followed the UK's original exit date is proving
stronger than anticipated, said Yael Selfin, chief economist at accountants
KPMG UK.

"Today's figures signal the UK economy is likely to experience more subdued
growth for the rest of the year, marred by Brexit uncertainty."

ONS statistician Rob Kent-Smith said: "Growth showed some weakening across
the latest three months, with the economy shrinking in the month of April
mainly due to a dramatic fall in car production, with uncertainty ahead of
the UK's original EU departure date leading to planned shutdowns.

"There was also widespread weakness across manufacturing in April, as the
boost from the early completion of orders ahead of the UK's original EU
departure date has faded."

If you are going to cancel a party it is always polite to give your guests
as much notice as possible. After all, that could well save them the expense
of buying a present, booking a baby sitter, splashing out on new clothes
etc.

Unfortunately Theresa May gave British industry only a few days' notice that
Brexit was being postponed and it was just too late to stop carefully-honed
plans swinging into operation.

Many businesses feared Brexit would cause at least temporary disruption, so
they had been stockpiling components and finished goods to tide them over,
and they have been using those stores up rather than producing more.

The car industry brought forward its annual shutdown - usually used to put
in new equipment, prepare for new models and so on. As a result, car
production fell off a cliff and manufacturing as a whole fell by nearly 4%
in just one month.

Growth may bounce back, but then Brexit is now scheduled for 31 October. How
do companies plan for that? Repeat the whole operation again or not bother?
Certainly the car industry won't want another shutdown, it has already had
one this year and Brexit could still be delayed again.

'Sluggish growth'

The contraction in April was far sharper than economists had expected.

Ruth Gregory, senior UK economist at Capital Economics, said the figures
suggest "underlying growth is pretty sluggish".

"With the Brexit paralysis and a slowing global economy taking its toll, we
doubt GDP will grow by much more than 1.5% or so in 2019 as a whole and
expect interest rates to remain on hold until the middle of next year."

The Society of Motor Manufacturers and Traders (SMMT) has estimated car
production for the whole of 2019 will be about 10% down on last year. It
says the market might pick up by the end of the year if there is a
favourable deal between the UK and the EU, and a substantial transition
period to adapt to trading outside the single market.

But it has said a no-deal Brexit will make the declines worse, with the
threat of border delays, production stoppages and additional costs.

The Prime Minister's official spokesman said: "While monthly figures are
always changeable, the fundamentals of our economy are strong and it has
grown every year since 2010. Employment levels are at a record high and
wages growing in real terms."--BBC

UK signs post-Brexit free trade deal with South Korea

The UK and South Korea have signed an outline free trade agreement (FTA)
that seeks to maintain existing trade arrangements post-Brexit.

International Trade Secretary Liam Fox signed the deal with his South Korean
counterpart Yoo Myung-hee in Seoul.

The preliminary agreement marks the first post-Brexit trade deal the UK has
secured in Asia.

The agreement is roughly in line with the terms of the existing Korea-EU
FTA.

"In so far as a (UK-S Korea) deal has been struck that's a landmark moment,"
Mouhammed Choukeir, chief investment officer at private bank Kleinwort
Hambros told BBC 5 live's Wake Up to Money.

"Where it's not a big deal is that actually the biggest trading bloc still
needs to be negotiated - the EU and US."

Brexit: What trade deals has the UK done so far?

All you need to know about Brexit

The deal would cover South Korean exports including cars and auto parts.
South Korea exports mostly cars and ships to Britain, while it imports crude
oil, cars and whisky.

The agreement is designed to provide stability under a no-deal Brexit, with
the UK due to leave the EU on 31 October, with or without a deal.

Tariff-free trade with South Korea is certainly worth preserving. British
goods exports to Seoul climbed sharply after the EU's deal with South Korea
was implemented in 2011. Last year the UK sold about £6bn worth of goods
there.

UK goods imports from South Korea were more than £4bn. Among those countries
with which the UK has improved access by virtue of an EU trade deal, South
Korea is one of the bigger ones.

There is an agreement with Switzerland, which is the biggest of this group
in terms of UK exports. But there is not with Japan or Canada which are
similar scale to South Korea. And of course all these countries are far
smaller markets for the UK than the EU 27.

Mr Fox said: "The value of trade between the UK and Korea has more than
doubled since the EU-Korea agreement was applied in 2011.

"Providing continuity in our trading relationship will allow businesses in
the UK and Korea to keep trading without any additional barriers, which will
help us further increase trade in the years ahead,"

"As we face growing global economic headwinds, our strong trading
relationship will be crucial in driving economic growth and supporting jobs
throughout the UK and Korea."

'Trade row'

Both countries aim to ratify the deal by the end of October, and implement
it in November.

"The deal is significant as it eased uncertainties sparked by Brexit, amid
the already challenging environment for exports on the escalating trade row
between Washington and Beijing," Ms Yoo said.

South Korea - Asia's fourth largest economy - is a global leader in
electronics, steel and auto industry.

The country's exports to the UK hit $6.36bn (£5.0bn) last year.

The UK is South Korea's second largest trading partner among EU members, and
the Asian nation's 18th largest trading partner.

Negotiating deals

The UK is pushing to strike agreements with its trading partners as the
Brexit deadline looms.

As a member of the EU, the UK is part of 40 trade deals which the EU has
with other countries.

If the UK leaves the EU without a deal, it would fall out of these deals
immediately, disrupting about 11% of UK total trade.

A priority for the government has been to get these countries to roll over
their trade deals with the UK.

So far the UK has agreed "continuity" deals with 12 countries and regions,
including Israel, Norway and Iceland, Switzerland and Chile.--BBC

Thomas Cook receives approach from China's Fosun

Troubled travel company Thomas Cook has received a takeover approach for its
tour business from a Chinese firm.

China's Fosun is already Thomas Cook's largest shareholder, and also owns
the Club Med holiday business.

Last month, Thomas Cook reported a £1.5bn loss and said there was "little
doubt" that Brexit had caused customers to delay their summer holiday plans.

The firm has annual sales of £9bn, 19 million customers a year and 22,000
staff operating in 16 countries.

Thomas Cook - which was founded in Market Harborough in 1841 - said it was
in talks with Fosun, but added there could be "no certainty that this
approach will result in a formal offer".

Last month, Thomas Cook's shares fell sharply on fears over its financial
strength. Its stock sank 30% in one day after analysts at Citigroup said the
company's shares were "worthless".

The travel firm has issued three profit warnings in a year, and is
struggling to reduce its debts.

What's gone wrong at Thomas Cook?

News of the talks with Fosun - which also owns Wolverhampton Wanderers
Football Club - triggered a 20% jump in Thomas Cook's share price, to about
19p. However, this is still well below the 150p level they stood at last
summer.

Thomas Cook is already trying to sell its airline business, and last month
said it had received a takeover approach for its Nordic operations from
private equity group Triton.

The travel firm has closed 21 of its stores, and more outlets are expected
to go. Its currency arm Thomas Cook Money is under review and the company
has said more "cost efficiencies" are planned.

However, the company has sought to reassure holidaymakers, telling customers
last month that it was "business as usual".

At the time, Thomas Cook said: "As an ATOL-protected business, our customers
can have complete confidence in booking their holiday with us."

Protection under the ATOL - or Air Travel Organiser's Licence - scheme means
UK travellers on an air package holiday do not lose their money or become
stranded abroad if a holiday firm collapses.

It also covers many charter flights and means that, if the operator
collapses while people are away, they can finish their holiday and be flown
home at no extra cost.--BBC

Three to launch 5G service in August

Three will launch its first 5G network this August in London, before
extending it to 25 other UK towns and cities before the end of the year.

The telecoms company will kick off with a home broadband service in the
capital but is also launching mobile services.

It follows BT's EE and Vodafone in launching next generation 5G services in
2019.

Three, which is owned by Hutchison, said it would not share details about
the cost of its services until July.

Chief executive Dave Dyson said: "It's clear that consumers and businesses
want more and more data.

"We have worked hard over a long period of time to be able to offer the best
end-to-end 5G experience.

EE launched 5G services in six cities in May, while Vodafone will launch one
on 3 July.

According to some, 5G will offer download speeds as much as 100 times faster
than existing 4G networks.

However, there have been concerns about the pricing and connectivity of such
services.

Both have also pulled smartphones made by the Chinese company Huawei from
their 5G launches, because of uncertainty about support by Google's Android.

The race for 5G is hotting up - even if Three is arriving with what feels
like rather a lukewarm offering.

While EE and Vodafone will both have 5G mobile phones in the hands of
customers in a number of cities next month, Three is still only saying that
its mobile offering will be rolled out "by the end of 2019".

Its home broadband service is launching in London in August but we still
don't know how it will be priced. 5G as a substitute for fixed broadband is
an attractive idea - though possibly more useful in remote areas where firms
are reluctant to lay fibre connections.

But Three is confident that it has acquired more useful spectrum than its
rivals, and when consumers really start to take an interest in 5G next year
it will be well-placed to race ahead.

The US has restricted Google and others from using Huawei technology amid
concerns it could be used by Beijing for spying - claims which the Chinese
firm has denied.

Three said it would announce details of which handsets will be part of its
mobile launch in July.

It has suggested its own 5G network will be the fastest in the UK, claiming
peak speeds could be more than twice as fast as its rivals.

After London it plans to launch in: Birmingham, Brighton, Bristol, Cardiff,
Edinburgh, Glasgow, Leeds, Liverpool, Manchester, Nottingham, Sheffield and
Sunderland before the end of the year.

Is 5G safe?

Analysis by BBC Reality Check

Some people have questioned whether there are health risks from 5G, but
experts and regulators say there is no evidence of danger.

Similar fears were expressed around earlier mobile internet and wi-fi.

More than 200 scientists appealed to the EU to halt the rollout of 5G,
saying that electromagnetic fields may be harmful to humans and the
environment, and could increase cancer risks.

But the EU says exposure from 5G will be far below limits set by the
International Commission on Non-Ionizing Radiation Protection (ICNIRP).

"There has been no evidence to suggest that electromagnetic waves from
mobile phones and networks are bad for your health," says Prof Malcolm
Sperrin, Director of the Department of Medical Physics and Clinical
Engineering at Oxford University Hospitals NHS Trust.

He says a causal link between mobile phone use and cancer in humans is
unproven.

5G technology is new but experts believe it poses no greater risk than
earlier mobile systems.--BBC

INVESTORS DIARY 2019

Company

Event

Venue

Date & Time

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

Fidelity Life

AGM

Great Indaba Room, Crowne Plaza Monomotapa

26 June 2019, 10am

GB Holdings

AGM

Cernol Chemicals Boardroom,  111 Dagenham Road, Willowvale

26 June 2019, 11:30am

Dawn Properties

AGM

Ophir Room, Monomotapa Hotel

27 June 2019, 10am

Unifreight

AGM

Royal Harare Golf Club

27 June 2019, 10am

African Sun

AGM

Ophir Room, Monomotapa Hotel

27 June 2019, 12pm

FMP

AGM

Palm Court, Meikles

27 June 2019, 12pm

MedTech

AGM

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

27 June 2019, 2pm

FML

AGM

Palm Court, Meikles)

27 June 2019, 2:30pm

FBC

AGM

Royal Harare Golf Club

27 June 2019, 3pm

ZHL

AGM

Aquarium Room, Crowne Plaza Monomotapa Hotel

30 June 2019, 10am

 <mailto:info at bulls.co.zw> 

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Bulls n Bears

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Cellphone:      <tel:%2B263%2077%20344%201674> +263 719 441 674

Alt. Email:              <mailto:info at bulls.co.zw> info at bulls.co.zw 

Website:
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Blog:
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Twitter:                 @bullsbears2010

LinkedIn:              Bulls n Bears Zimbabwe

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Skype:                  Bulls.Bears 

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