Bulls n Bears Investors Notebook Issue 377: 21 November 2019

Thu Nov 21 02:01:29 CAT 2019

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Bulls n Bears Investors Notebook Issue 377: 21 November 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

Zim, China reach common accounting position

Government yesterday met officials from the Chinese Embassy in Harare and
reached an agreement on funds extended to Zimbabwe by Beijing this year. In
a statement last night, Finance and.
<http://www.bulls.co.zw/2019/11/20/zim-china-reach-common-accounting-positio
n/> Read more >

Supplier registrations, renewals

The Procurement Regulatory Authority of Zimbabwe is mandated in section (6)
of the Public Procurement and Disposal of Public Assets Act (Chapter 22:23)
to develop and implement a transparent and.
<http://www.bulls.co.zw/2019/11/20/supplier-registrations-renewals/> Read
more >

 <mailto:info at bulls.co.zw> 

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

Zimra boss laments tax justice delay

ZIMBABWE Revenue Authority (Zimra) commissioner general, Ms Faith Mazani,
has expressed concern over delays in resolving tax disputes in courts, which
she said frustrates efficient revenue administration. Speaking during a.
<http://www.bulls.co.zw/2019/11/20/zimra-boss-laments-tax-justice-delay/>
Read more >

FNB Bank Shuts Down Accounts Owned By Cryptocurrency Exchanges

One of the 5 largest banks in South Africa, FNB Bank notified 3 major South
African cryptocurrency exchanges that their bank accounts will be closed.
The crypto-exchanges affected are Luno,.
<http://www.bulls.co.zw/2019/11/20/fnb-bank-shuts-down-accounts-owned-by-cry
ptocurrency-exchanges/> Read more >

Paramount fails to access forex through interbank market

GARMENT maker Paramount Garments says the interbank market, which was
introduced to ease foreign currency shortages, has not been useful to it as
the firm has failed to access forex.
<http://www.bulls.co.zw/2019/11/20/paramount-fails-to-access-forex-through-i
nterbank-market/> Read more >

 <mailto:info at bulls.co.zw> 

Dr Moyo: A passionate business enthusiast

Megafest Business Awards Female Executive of the Year Winner Dr Nothando
Moyo is a PhD holder in Business Administration. She was based in Cyprus for
eight years where she lectured.
<http://www.bulls.co.zw/2019/11/20/dr-moyo-a-passionate-business-enthusiast/
> Read more >

Government launches national tillage programme

Government has launched the national tillage programme to support more than
500 000 small holder farmers countrywide. This brings relief to farmers
especially in drought ravaged areas whose livestock is.
<http://www.bulls.co.zw/2019/11/20/government-launches-national-tillage-prog
ramme/> Read more >

 <mailto:info at bulls.co.zw> 

Insurance, pensions assets drop to US$1,4bn

Assets in the country's insurance and pensions industry have dwindled to
US$1,4 billion as at the end of the third quarter of this year from US$9,4
billion at the end.
<http://www.bulls.co.zw/2019/11/20/insurance-pensions-assets-drop-to-us14bn/
> Read more >

RBZ raises $105m

The Reserve Bank of Zimbabwe says it raised $105 million of the targeted
$200 million from its latest Treasury Bills (TBs) auction. The auction saw
the issuance of 272-day TBs,.
<http://www.bulls.co.zw/2019/11/20/rbz-raises-105m/> Read more >

Indian investors keen on Zimbabwe

Interest in Zimbabwe by Indian investors is growing, while firms from the
Asian economic giant already in the country have maintained presence despite
the tough operating conditions, Indian Ambassador to.
<http://www.bulls.co.zw/2019/11/20/indian-investors-keen-on-zimbabwe/> Read
more >

New fiscal proposals

On November 14, 2019, the Minister of Finance and Economic Development
presented the 2020 Budget Statement. Some of the proposals on tax measures
aimed at increasing creation of employment, productivity.
<http://www.bulls.co.zw/2019/11/20/new-fiscal-proposals/> Read more >

Axis launches fiscal solution

Locally owned ICT solutions provider, Axis Solutions, yesterday launched a
new fiscal solution that adapts to multiple form factors, from mobile
devices, laptops and desktops used in both receipting and.
<http://www.bulls.co.zw/2019/11/20/axis-launches-fiscal-solution/> Read more
>

Unifreight resilient

TRANSPORT logistics group, Unifreight Africa Limited says alignment in
business as well as consistency in fleet availability is bearing fruit as
the group reported profit for the third quarter to.
<http://www.bulls.co.zw/2019/10/22/card-cloning-cases-on-the-rise/> Read
more >

Prospect announces 39pc increase in Arcadia ore reserve

Australian Securities Exchange-listed miner, Prospect Resources, has
announced a 39 percent increase of ore reserve estimate compared to the
previous estimate announced in December 2017 at its Arcadia lithium project.
<http://www.bulls.co.zw/2019/11/20/prospect-announces-39pc-increase-in-arcad
ia-ore-reserve/> Read more >

INVESTORS DIARY 2019

Company

Event

Venue

Date & Time

REST OF AFRICA

Counters Trading Under Cautionary

 Bindura Nickel Corp

CBZH

Dawn

Delta

Falgold

Fidelity

MedTech

Meikles

Turnall

Unifreight

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!

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