Bulls n Bears Investors Notebook Issue 335: 19 September 2019

Thu Sep 19 03:39:03 CAT 2019

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Bulls n Bears Investors Notebook Issue 335: 19 September 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

Cotton export receipts set to rise significantly

ZIMBABWE's cotton export receipts are set to rise significantly to US$2
billion from US$80 million in the last season following trials that have
been conducted on a new hybrid seed.
<http://www.bulls.co.zw/2019/09/19/cotton-export-receipts-set-to-rise-signif
icantly/> Read more >

Max Hardware to diversify

GROWING hardware and motor spares retail concern, Max Hardware, is seeking
to diversify and start selling mining consumables . The company's director
Mr Bhekimpilo Sithole said the company was working.
<http://www.bulls.co.zw/2019/09/19/max-hardware-to-diversify/> Read more >

 <mailto:info at bulls.co.zw> 

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

EcoCash suspends 4 000 agents

country's largest payment platform, EcoCash, has suspended over 4 000 of its
agents on allegations of participating in the now rampant trend of charging
excessive premiums for customers intending to.
<http://www.bulls.co.zw/2019/09/19/ecocash-suspends-4-000-agents/> Read more
>

RBZ savings bond gets thumbs up but . . .

The US dollar savings bond, announced by the Reserve Bank of Zimbabwe (RBZ)
in the 2019 Mid-Term Monetary Policy Review, is a noble idea, but risks
finding little favour with.
<http://www.bulls.co.zw/2019/09/19/rbz-savings-bond-gets-thumbs-up-but/>
Read more >

Diamond auction attracts 25 firms

THE Minerals Marketing Corporation of Zimbabwe (MMCZ) says the country's
third diamond auction for this year which closed last week has attracted 25
companies from around the world. The 316.
<http://www.bulls.co.zw/2019/09/19/diamond-auction-attracts-25-firms/> Read
more >

 <mailto:info at bulls.co.zw> 

Australian firm raises Zim investment notch

AUSTRALIA Stock Exchange (ASX)-listed miner, Invictus Energy Ltd, has
described Zimbabwe as an excellent investment destination, way ahead of
several other African countries. The company, which is working towards
exploiting.
<http://www.bulls.co.zw/2019/09/19/australian-firm-raises-zim-investment-not
ch/> Read more >

2% tax on electronic money transfers still in force

High Court Judge, Justice Happias Zhou, yesterday scrapped Statutory
Instrument (SI) 205 of 2018, which enabled Government to levy 2 percent tax
on electronic money transactions above Z$10. The two.
<http://www.bulls.co.zw/2019/09/19/2-tax-on-electronic-money-transfers-still
-in-force/> Read more >

 <mailto:info at bulls.co.zw> 

Colliery reconstruction faces stiff opposition

The placement of Hwange Colliery Company Limited (HCCL) under reconstruction
is facing stiff opposition, with some directors contesting Government's
decision aimed at reviving the giant coal mining firm. Government announced.
<http://www.bulls.co.zw/2019/09/19/colliery-reconstruction-faces-stiff-oppos
ition/> Read more >

Lion Finance re-opens doors to the public - Curator

Microfinance institution, Lion Finance, placed under curatorship two months
ago, has re-opened as it continues with its recovery process. The Reserve
Bank of Zimbabwe on July 26 this year placed.
<http://www.bulls.co.zw/2019/09/19/lion-finance-re-opens-doors-to-the-public
-curator/> Read more >

CBZ funds soyabean production

CBZ Bank will finance the growing of soyabeans on 30 000 hectares nationwide
during the 2019/20 agriculture season, Lands, Agriculture, Water and Rural
Resettlement Deputy Minister Vangelis Haritatos has said..
<http://www.bulls.co.zw/2019/09/19/cbz-funds-soyabean-production/> Read more
>

Fuel shortages, power cuts cripple tourism industry

THE prevailing fuel shortages and prolonged power cuts have become the major
bottlenecks crippling the growth of the tourism industry. Tourism industry
players who attended last week's Sanganai/Hlanganani Expo in.
<http://www.bulls.co.zw/2019/09/19/fuel-shortages-power-cuts-cripple-tourism
-industry/> Read more >

Mining exploration works complete: Sinosteel

A local unit of Chinese-owned Sinosteel has completed preliminary
exploration works on some if its mining claims - Lupane in the Matabeleland
North Province, where it intends to produce methane.
<http://www.bulls.co.zw/2019/09/19/mining-exploration-works-complete-sinoste
el/> Read more >

Falgold's loss widens

Troubled gold producer, Falcon Gold Zimbabwe Limited (Falgold) widened its
loss for the half year to March 31, 2019 to $27,2 million from $1,6 million
during the same period last.
<http://www.bulls.co.zw/2019/09/19/falgolds-loss-widens/> Read more >

Zim, China investors hold crucial indaba

GOVERNMENT yesterday held a crucial meeting with Chinese Embassy officials
and Chinese investors to seek ways of enhancing cooperation between the two
countries. The meeting is expected to be a.
<http://www.bulls.co.zw/2019/09/19/zim-china-investors-hold-crucial-indaba/>
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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