Bulls n Bears Investors Notebook Issue 475: 02 April 2020

Thu Apr 2 10:02:50 CAT 2020

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Bulls n Bears Investors Notebook Issue 475: 02 April 2020

 <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

AfDB keen to support Zimbabwe's agro-processing sector

The African Development Bank (AfDB) has expressed commitment to continue
providing funding to Zimbabwe's agro processing sector following the
approval of $8,3 million loan to Olivine Industries. Last week, the.
<http://www.bulls.co.zw/2020/04/02/afdb-keen-to-support-zimbabwes-agro-proce
ssing-sector/> Read more >

ZimCoke target Hwange's underground mine ..deal part of ZISCO'S
controversial asset grab

ZIMCOKE has launched a US$25 million bid for Hwange Colliery Company
Limited's underground mine known as 3-Main as part of its controversial deal
of taking over Zimbabwe Iron and Steel.
<http://www.bulls.co.zw/2020/04/02/zimcoke-target-hwanges-underground-mine-d
eal-part-of-ziscos-controversial-asset-grab/> Read more >

 <mailto:info at bulls.co.zw> 

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

New ZIDA executives have their work cut out

When President Mnangagwa appointed the board and chief executive officer of
the newly formed Zimbabwe Investment and Development Agency (ZIDA), he went
a long way in kick-starting operationalisation of the.
<http://www.bulls.co.zw/2020/04/02/new-zida-executives-have-their-work-cut-o
ut/> Read more >

Digitisation progress charms Govt

MANY communities in remote areas now have access to radio services following
the successful roll-out of Government's digitisation programme that has so
far seen the installation of six gap filler.
<http://www.bulls.co.zw/2020/04/02/digitisation-progress-charms-govt/> Read
more >

'Use Tugwi-Mukosi Dam to boost agric'

Government has been challenged to urgently start utilising the heavily
untapped Tugwi-Mukosi Dam in Masvingo, which has the potential to stimulate
economic growth and assist in the realisation of an.
<http://www.bulls.co.zw/2020/04/02/use-tugwi-mukosi-dam-to-boost-agric/>
Read more >

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

Imports surge 15pc ahead of lockdown

Imports rose 15 percent a week before Zimbabwe and South Africa effected
lockdowns as citizens rushed to stock foodstuffs ahead of movement
restrictions, statistics from the Zimbabwe Revenue Authority (Zimra).
<http://www.bulls.co.zw/2020/04/02/imports-surge-15pc-ahead-of-lockdown/>
Read more >

Government intensifies smart agriculture

The Government has said it will intensify climate smart agriculture, a
farming technique that helps farmers to be more productive on a warming
planet, than adopting "harmful" genetically modified crops..
<http://www.bulls.co.zw/2020/04/02/government-intensifies-smart-agriculture/
> Read more >

 <mailto:info at bulls.co.zw> 

117 wheat wagons arrive

THE first 117 wagons of wheat imported by Government have started arriving
in the country from Mozambique. Delivery of the wheat started this week,
following the last consignment of the.
<http://www.bulls.co.zw/2020/04/02/117-wheat-wagons-arrive/> Read more >

Make Zimra payments online

The Zimbabwe Revenue Authority (ZIMRA) hereby wishes to advise its valued
clients to stay safe and be cautious by reducing visits to ZIMRA offices
this season of the Covid-19 virus.
<http://www.bulls.co.zw/2020/04/02/make-zimra-payments-online/> Read more >

Caledonia shelves dividends payment

TORONTO Stock Exchange (TSX) listed Caledonia Mining, the parent firm of
Blanket Gold Mine in Zimbabwe has postponed declaration of its second
quarterly dividend over uncertainty in the business environment.
<http://www.bulls.co.zw/2020/04/02/caledonia-shelves-dividends-payment/>
Read more >

New minimum wage riles employers, employees

Both employers and employees are not happy with the minimum wage that was
gazetted recently by Public Service, Labour and Social Welfare Minister
Professor Paul Mavima. According to Statutory Instrument.
<http://www.bulls.co.zw/2020/04/02/new-minimum-wage-riles-employers-employee
s/> Read more >

Innscor pins hope on diversification, efficiencies

Diversified industrial conglomerate, Innscor Africa Limited's product
diversification and efficiencies are expected to sustain the group's
earnings at a time economic headwinds will pose severe challenges for local
industry. Market.
<http://www.bulls.co.zw/2020/04/02/innscor-pins-hope-on-diversification-effi
ciencies/> Read more >

Panic buying, lockdown drives up food inflation

Lockdowns and coronavirus-triggered panic food buying is likely to push up
prices in Zimbabwe and across the entire Southern African region already
battling with a drought caused by poor rains.
<http://www.bulls.co.zw/2020/04/01/panic-buying-lockdown-drives-up-food-infl
ation/> Read more >

Farmers seek tax exemption

THE Zimbabwe Farmers' Union (ZFU) is lobbying Government to exempt farmers
from paying 10 percent withholding tax on produce exceeding $1 000, arguing
the levy was eroding their already low.
<http://www.bulls.co.zw/2020/04/01/farmers-seek-tax-exemption/> Read more >

INVESTORS DIARY 2020

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!

Bulls n Bears 

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