Bulls n Bears Investors Notebook Issue 244: 08 May 2019

[Bulls n Bears]

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Bulls n Bears Investors Notebook Issue 244: 08 May 2019

 


 

 


 <mailto:info at bulls.co.zw> 

 


 

 


Bulls ‘n Bears Investors Diary: Today’s Events

 


 

 

 

 

 


 

 


Quotable Quote:

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

 

Tobacco farmers earn US$82million

At least 46 million kilogrammes of flue-cured tobacco worth US$82 million has been sold so far since the opening of the 2018/2019 marketing. Tobacco Industry and Marketing Board’s latest statistics… <http://www.bulls.co.zw/2019/05/08/tobacco-farmers-earn-us82million/> Read more »

 


 

 

 


 

Gweru lines up US$200 million projects

GWERU City Council has lined up infrastructure development and service delivery projects worth about US$200 million to be undertaken this year. During a first quarter budget review meeting last week,….  <http://www.bulls.co.zw/2019/05/08/gweru-lines-up-us200-million-projects/> Read more »

 	

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

 


 

 


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

 

IPEC decentralises operations

THE Insurance and Pensions Commission (IPEC) will soon be opening satellite offices across the country starting with Bulawayo as part of a wider process to decentralise its services. The decentralisation…  <http://www.bulls.co.zw/2019/05/08/ipec-decentralises-operations/> Read more »

 


 

 

 

 


 

 

Banks urged to be trendsetters in good governance

FINANCIAL institutions should play their part in efforts towards eradicating poverty and attainment of Sustainable Development Goals in the country. This was said by Reserve Bank of Zimbabwe Deputy Governor…  <http://www.bulls.co.zw/2019/05/08/banks-urged-to-be-trendsetters-in-good-governance/> Read more »

 

	
 


 

 

Diapers firm gets 30-day ultimatum . . .Investor threatens to pull out

A FOREIGN investor is considering pulling out of the country after its proposed US$2 million diaper manufacturing project in Bulawayo stalled due to a shortage of foreign currency to import… <http://www.bulls.co.zw/2019/05/08/diapers-firm-gets-30-day-ultimatum-investor-threatens-to-pull-out/> Read more »

 


 

 

 

 


 

 

	 


 <mailto:info at bulls.co.zw> 

 


 

 

	 

		
Australian firm cancels $10m loan facility

AUSTRALIA-LISTED junior miner Prospect Resources says it has cancelled a $10 million loan facility for the development of its Arcadia Lithium project near Harare. In its mining exploration entity and…  <http://www.bulls.co.zw/2019/05/08/australian-firm-cancels-10m-loan-facility/> Read more »

 

	
 

 

 

	
 

Client sues bank over bond notes

The High Court yesterday reserved judgment in a case in which a local firm is challenging the decision by its bank CABS to give it bond notes for the United… <http://www.bulls.co.zw/2019/05/08/client-sues-bank-over-bond-notes/> Read more »

 

	
 

	 


 <mailto:info at bulls.co.zw> 

 

	
 

	
 

Letters of Credit availed for fuel

The Reserve Bank of Zimbabwe (RBZ) says it has availed adequate Letters of Credit (L Cs) into the market to ensure availability of critical imports such as fuel. In view of…  <http://www.bulls.co.zw/2019/05/08/letters-of-credit-availed-for-fuel/> Read more »

 

	
 

 

 

	
 

British envoy commends Zim reforms

Britain is backing various political and economic reforms adopted by the Government to turn around the country’s economy. This was said by British Ambassador to Zimbabwe Ms Melanie Robinson when… <http://www.bulls.co.zw/2019/05/08/british-envoy-commends-zim-reforms/> Read more »

 

	
 

	 

	
 

	
 

	
 

	 

	
 

RBZ clears arrears to gold producers

The Reserve Bank of Zimbabwe (RBZ) has cleared all outstanding payments to gold mining companies for bullion deliveries to Fidelity Printers and Refiners (FPR); the country’s sole authorised gold buyer…. <http://www.bulls.co.zw/2019/05/08/rbz-clears-arrears-to-gold-producers/> Read more »

 

	
 

 

 

	
 

Willdale introduces Topaz bricks to stave off competition

Brick maker, Willdale, says its latest product, Topaz, will reposition the company in the market and go a long way in substituting imports. Speaking at the product launch in Harare…  <http://www.bulls.co.zw/2019/05/08/willdale-introduces-topaz-bricks-to-stave-off-competition/> Read more »

 


 

 

 

 

	
 

	
 

Zimpost extends Zipcash onto mobile platform

ZIMPOST is working on extending its money transfer service, Zipcash, onto the mobile platform in a bid to boost traffic and increase revenue, acting managing director Sifundo Moyo has said…. <http://www.bulls.co.zw/2019/05/08/zimpost-extends-zipcash-onto-mobile-platform/> Read more »

 

	
 

 

 

	
 

Invictus, Sable Chemicals sign MoU on gas exploration

Invictus Energy Limited has entered into a non-binding memorandum of understanding (MoU) with local fertilizer maker, Sable Chemical Industries, to progress gas supply from the Cabora Bassa Project subject to…  <http://www.bulls.co.zw/2019/05/08/invictus-sable-chemicals-sign-mou-on-gas-exploration/> Read more »

 

	
 

 

 

	
 

Kombis hike fares as fuel crisis deepens

Hundreds of commuters in Harare were yesterday left stranded after commuter omnibus operators hiked fares in most part of the city, citing fuel shortages. The Zimbabwe United passenger Company (Zupco)… <http://www.bulls.co.zw/2019/05/08/kombis-hike-fares-as-fuel-crisis-deepens/> Read more »

 

	
 

	
 


 

INVESTORS DIARY 2019

 


Company

Event

Venue

Date & Time

 


 

 


Old Mutual Zimbabwe 

AGM

Mirabelle Room, Meikles

09 May 2019  3PM

 


 

 

 

 

 


 

 

 

 

 


 

 

 

 

 


 

 

 

 

 


 

 

 

 

 


 

 

 

 

 


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.

 


 

 

								

 

 

 

Invest Wisely!

Bulls n Bears 

 

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