Bulls n Bears Investors Notebook Issue 217: 26 March 2019

Tue Mar 26 09:51:27 CAT 2019

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Bulls n Bears Investors Notebook Issue 217: 26 March 2019

 <mailto:zitfmktg at zitf.co.zw> 

Bulls 'n Bears Investors Diary: Today's Events

Quotable Quote:

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

Caledonia Mining to expand gold exposure in Zimbabwe

LONDON (Reuters) - Gold miner Caledonia Mining is seeking ways to deepen its
investment in Zimbabwe even though a currency crisis has dented its earnings
and bureaucracy has slowed the.
<http://www.bulls.co.zw/2019/03/26/caledonia-mining-to-expand-gold-exposure-
in-zimbabwe/> Read more >

Alternative currencies still legal tender: Veritas

Legal think tank Veritas says the use of alternative currencies remains
legal as Statutory Instruments (SIs) 32 or 33 of 2019 do not prohibit their
use for pricing, recording debts,.
<http://www.bulls.co.zw/2019/03/26/alternative-currencies-still-legal-tender
-veritas/> Read more >

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

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

Local entrepreneurs set to benefit from TEF funding

The Tony Elumelu Foundation (TEF) has announced 38 local entrepreneurs as
among beneficiaries of the $100 million entrepreneurship programme that is
meant to empower African entrepreneurs. TEF, the leading African.
<http://www.bulls.co.zw/2019/03/26/local-entrepreneurs-set-to-benefit-from-t
ef-funding/> Read more >

'Nduna's claims on US$2m Zamco facility false'

David Whitehead Limited has dismissed claims by Chegutu West Member of
Parliament Dexter Nduna that the company was failing to account for a $2
million facility extended by the Reserve.
<http://www.bulls.co.zw/2019/03/26/ndunas-claims-on-us2m-zamco-facility-fals
e/> Read more >

Normalcy returns to auction floors

Activities at the country's tobacco auction floors are expected to improve
this week following the scrapping of the 2 percent electronic transfer tax
on all activities at the floors, with.
<http://www.bulls.co.zw/2019/03/26/normalcy-returns-to-auction-floors/> Read
more >

 <mailto:info at bulls.co.zw> 

New miners' body formed

Artisanal and small-scale miners have disbanded their representative body,
the Zimbabwe Miners Federation (ZMF) and formed a new body, the Zimbabwe
Artisanal and Small-Scale Miners' Federation (ZASMF). ZMF was a.
<http://www.bulls.co.zw/2019/03/26/new-miners-body-formed/> Read more >

ZFPA to hold fish farming indaba

As Zimbabwe sets out to develop a fully-fledged fish farming industry, a
number of initiatives can be adopted to grow the vast aquaculture potential
of the country. Zimbabwe already boasts.
<http://www.bulls.co.zw/2019/03/26/zfpa-to-hold-fish-farming-indaba/> Read
more >

 <mailto:info at bulls.co.zw> 

Zimra reviews SMEs taxation

The Zimbabwe Revenue Authority (Zimra) has started reviewing the country's
tax system to accommodate small to medium businesses as it angles to boost
the country's revenue base, an official said.
<http://www.bulls.co.zw/2019/03/26/zimra-reviews-smes-taxation/> Read more >

IDBZ to develop residential stands

STATE-owned development finance institution (DFI) Infrastructure Development
Bank of Zimbabwe (IDBZ) intends to develop residential stands for
accommodation earmarked for Gwanda, Spitzkop and Plumtree towns.
All-encompassing IDBZ will construct 1299.
<http://www.bulls.co.zw/2019/03/26/idbz-to-develop-residential-stands/> Read
more >

Chinese keep on giving

The Chinese Government will this year provide US$30 million to assist and
support the Government and the country as relations between the two
countries continue to strengthen. This was revealed.
<http://www.bulls.co.zw/2019/03/26/chinese-keep-on-giving/> Read more >

UAE delegation comes with love

A delegation from the United Arab Emirates yesterday met President Mnangagwa
at State House to deliver a message of love and pay condolences following
the death of Zimbabweans due to.
<http://www.bulls.co.zw/2019/03/26/uae-delegation-comes-with-love/> Read
more >

ZPC cancels $113m power tender

Zimbabwe Power Company (ZPC) has cancelled the US$133 million tender for the
repowering of Munyati Power Station awarded to an Indian company, Jaguar
Overseas, after the firm failed to secure.
<http://www.bulls.co.zw/2019/03/26/zpc-cancels-113m-power-tender/> Read more
>

Multichoice Zimbabwe Promoting The Payment Of Zim DSTV Accounts In South
Africa

Zimbabwe's currency crisis does not seem to be going away any time soon.
That means paying for DSTV, the popular Pay TV service is still a hustle.
Multichoice Zimbabwe does.
<http://www.bulls.co.zw/2019/03/26/multichoice-zimbabwe-promoting-the-paymen
t-of-zim-dstv-accounts-in-south-africa/> Read more >

TelOne Increases Pricing For Broadband, Of Course They're Saying It's Not An
Increase

It's really becoming a tired story. Everyone is increasing pricing and they
say it is just an adjustment in light of the February Monetary Policy
Statement. TelOne has joined the.
<http://www.bulls.co.zw/2019/03/26/telone-increases-pricing-for-broadband-of
-course-theyre-saying-its-not-an-increase/> Read more >

INVESTORS DIARY 2019

Company

Event

Venue

Date & Time

CFI

AGM

Farm & City Boardroom, 1st Floor Farm & City Complex, 1 Wynne Street

26 March 2019 11am

Zimbabwe 

Independence Day

Zimbabwe

18 Apr 2019 

Good Friday

19 Apr 2019

Easter Saturday

20 Apr 2019

Easter Sunday

21 Apr 2019

Easter Monday

22 Apr 2019

Workers Day

01 May  2019

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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