Bulls n Bears Investors Notebook Issue 348: 08 October 2019

Tue Oct 8 03:45:28 CAT 2019

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Bulls n Bears Investors Notebook Issue 348: 08 October 2019

 <http://bit.ly/2Zk0RT0> 

Bulls 'n Bears Investors Diary: Today's Events

Quotable Quote:

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

Zimbabwe economy seen contracting up to 6% in 2019 - treasury document

(Reuters) - Zimbabwe's economy is projected to contract by up to 6% this
year due to a drought that hit farming output and electricity generation but
is expected to rebound.
<http://www.bulls.co.zw/2019/10/08/zimbabwe-economy-seen-contracting-up-to-6
-in-2019-treasury-document/> Read more >

ZSE market cap leaps 40pc

THE Zimbabwe Stock Exchange (ZSE) market capitalisation grew 40 percent last
month (September 2019) to a post dollarisation record of $30,99 billion, as
investors flocked to the market attracted by.
<http://www.bulls.co.zw/2019/10/08/zse-market-cap-leaps-40pc/> Read more >

 <mailto:info at bulls.co.zw> 

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

'Finance sector needs urgent hygiene'

Zimbabwe has been experiencing cash shortages since 2016, which forced the
banking public to buy cash from unscrupulous mobile money agents
countrywide. The cash crunch also led to a multi-tier.
<http://www.bulls.co.zw/2019/10/08/finance-sector-needs-urgent-hygiene/>
Read more >

Tax seminars for varsities, tertiary institutions varsities,tertiary

THE Zimbabwe Revenue Authority (Zimra) has embarked on a series of tax
seminars targeted at all universities and other tertiary institutions in
Zimbabwe to build stronger partnerships for the benefit.
<http://www.bulls.co.zw/2019/10/08/tax-seminars-for-varsities-tertiary-insti
tutions-varsitiestertiary/> Read more >

Mobile money transactions jump

The number of mobile money transactions jumped 21 percent in the quarter to
June 30, 2019, to 477,4 million on the growth of users and uses. According
to the Postal.
<http://www.bulls.co.zw/2019/10/08/mobile-money-transactions-jump/> Read
more >

 <mailto:info at bulls.co.zw> 

Venice Mine's revival on course

Gold producer Venice Mine's revival is on course and the mine is targeting
to produce 600kg of gold annually, a significant contribution to the
country's gold output and foreign currency.
<http://www.bulls.co.zw/2019/10/08/venice-mines-revival-on-course/> Read
more >

Call for funding to educate artisanal miners

STAKEHOLDERS in the mining sector have urged Government to avail funding in
the 2020 National Budget for educating artisanal miners to practise
sustainable mining methods so that their activities do.
<http://www.bulls.co.zw/2019/10/08/call-for-funding-to-educate-artisanal-min
ers/> Read more >

 <mailto:info at bulls.co.zw> 

China Floods Zimbabwe Market With Substandard Solar Panels; Experts Worry

MUTARE, Zimbabwe-Chinese businesses are taking advantage of the rising
demand for renewable sources of energy in Africa to dump substandard solar
panels on the continent's market, energy experts say. In.
<http://www.bulls.co.zw/2019/10/08/china-floods-zimbabwe-market-with-substan
dard-solar-panels-experts-worry/> Read more >

$300m float gets uptake

The Reserve Bank of Zimbabwe (RBZ) said on Friday it received bids totalling
$81 million against its biggest Treasury Bills (TBs) float to date of $300
million for 365 days..
<http://www.bulls.co.zw/2019/10/08/300m-float-gets-uptake/> Read more >

OPC ups Expo 2020 Dubai preps

THE Office of the President and Cabinet (OPC) is seeking to engage an
advertising agency, a media house, an expert or agency in data gathering and
a digital solutions agency.
<http://www.bulls.co.zw/2019/10/08/opc-ups-expo-2020-dubai-preps/> Read more
>

Zim mulls joining mining body

Zimbabwe is weighing its options on joining the Extractive Industry
Transparency Initiative (EITI), a global community of mining countries
focused on improving the flow of information in the sector.
<http://www.bulls.co.zw/2019/10/08/zim-mulls-joining-mining-body/> Read more
>

AfDB commits US$12,5bn to climate change

THE African Development Bank (AfDB) has committed US$12,5 billion towards
boosting climate change funding programmes in Africa for the next five
years, beginning next year. The regional bank's president, Dr.
<http://www.bulls.co.zw/2019/10/08/afdb-commits-us125bn-to-climate-change/>
Read more >

Vaya Tractor targets one million hectares

CASSAVA Smartech's Vaya Tractor plans to plough at least one million
hectares of land for smallholder farmers in Zimbabwe this cropping season.
The 'on-demand logistics' platform, developed by Cassava, already.
<http://www.bulls.co.zw/2019/10/08/vaya-tractor-targets-one-million-hectares
/> Read more >

Petrotrade to set up stations in all districts

STATE-OWNED petroleum entity, Petrotrade, plans to establish a fuel service
station in each of the country's 60 districts as it seeks to improve service
delivery. "Petrotrade envisions having a service.
<http://www.bulls.co.zw/2019/10/08/petrotrade-to-set-up-stations-in-all-dist
ricts/> Read more >

INVESTORS DIARY 2019

Company

Event

Venue

Date & Time

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!

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