Bulls n Bears Investors Notebook Issue 349: 09 October 2019

Wed Oct 9 03:19:24 CAT 2019

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Bulls n Bears Investors Notebook Issue 349: 09 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

Zim targets single digit inflation: Government

THE economy is projected to grow by 4,6 percent next year, building on the
ongoing reform initiatives and broader positive assumptions in the domestic
sector and favourable global trade indicators,.
<http://www.bulls.co.zw/2019/10/09/zim-targets-single-digit-inflation-govern
ment/> Read more >

Arcadia leads Zimbabwe's mega mine projects

Prospect Resources has registered significant progress on its Zimbabwe-based
electric vehicle batteries lithium project just outside Harare, which it
says will become the first major mining project to come on-stream.
<http://www.bulls.co.zw/2019/10/09/arcadia-leads-zimbabwes-mega-mine-project
s/> Read more >

 <mailto:info at bulls.co.zw> 

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

Another loss for Zeco

Zeco Holdings posted yet another loss of $0,886 million for the half-year to
June 30, 2019 compared to a prior loss of $0,581 million. The Zimbabwe Stock
Exchange listing specialises.
<http://www.bulls.co.zw/2019/10/09/another-loss-for-zeco/> Read more >

Simbisa in 134pc profit growth

Quick service restaurant group Simbisa Brands defied economic headwinds to
record a 134 percent jump in profit to $32 million for the year ended June
30, 2019 despite a decline.
<http://www.bulls.co.zw/2019/10/09/simbisa-in-134pc-profit-growth/> Read
more >

SECZ speaks on state of capital markets

The average participation by foreign investors on the country's capital
markets, the Zimbabwe Stock Exchange in particular, was generally depressed
in 2018 and the first eight months of 2019, the.
<http://www.bulls.co.zw/2019/10/09/secz-speaks-on-state-of-capital-markets/>
Read more >

 <mailto:info at bulls.co.zw> 

Borrowers should deal only with reputable microfinance institutions

The need for client protection when it comes to microfinance has never been
more important than it is now in such a complex economic environment and in
an industry with.
<http://www.bulls.co.zw/2019/10/09/borrowers-should-deal-only-with-reputable
-microfinance-institutions/> Read more >

Zimglass liquidation

ZIMBABWE Glass Industries Limited liquidator Winsely Evans Militala says he
has received an offer for the assets of the company in their "entirety as a
unit" and would be winding.
<http://www.bulls.co.zw/2019/10/09/zimglass-liquidation/> Read more >

 <mailto:info at bulls.co.zw> 

IPAZ on research

INVESTMENT Professionals Association of Zimbabwe (IPAZ), a grouping of local
chartered financial analysts (CFA), launched its research campaign that is
meant to provide University students with hands-on mentoring and intensive.
<http://www.bulls.co.zw/2019/10/09/ipaz-on-research/> Read more >

Council to recover debts through Zesa

Harare City Council plans to use ZESA Holdings' billing system to recover
about $1 billion the local authority is owed by ratepayers. If the plan is
approved, council will gradually.
<http://www.bulls.co.zw/2019/10/09/council-to-recover-debts-through-zesa/>
Read more >

DIDG begins rail sleepers production

THE Diaspora Infrastructure Development Group (DIDG) has started
manufacturing 6 000 rail sleepers for Beitbridge Bulawayo Railway while
plans are underway to produce 60 000 more for the National Railways.
<http://www.bulls.co.zw/2019/10/09/didg-begins-rail-sleepers-production/>
Read more >

Business decries fuel price hikes

THE Zimbabwe National Chamber of Commerce (ZNCC) has expressed concern over
continuous fuel price increases saying the trend was negatively impacting on
production due to rising cost of goods and.
<http://www.bulls.co.zw/2019/10/09/business-decries-fuel-price-hikes/> Read
more >

Irrigation schemes dry up

ACUTE water shortages have resulted in some irrigation schemes in Masvingo
province halting operations. It is reported that a number of farmers have
pulled out of the production chain particularly.
<http://www.bulls.co.zw/2019/10/09/irrigation-schemes-dry-up/> Read more >

Government bails out struggling local authorities

TREASURY has intervened to bail out struggling local authorities across the
country with funds to improve critical infrastructure and enhance service
delivery. In a statement yesterday, Finance and Economic Development.
<http://www.bulls.co.zw/2019/10/09/government-bails-out-struggling-local-aut
horities/> Read more >

Cyber Crime Bill gets the nod

Cabinet yesterday approved the Cyber Crime, Security and Data Protection
Bill which seeks to combat cyber crimes and enhance security in the wake of
rampant abuse of the platform. The.
<http://www.bulls.co.zw/2019/10/09/cyber-crime-bill-gets-the-nod/> 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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