Bulls n Bears Investors Notebook Issue 478: 07 April 2020

Tue Apr 7 11:25:00 CAT 2020

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Bulls n Bears Investors Notebook Issue 478: 07 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

Simbisa lays off contract workers

LOCAL companies are starting to feel the pinch of coronavirus, with Zimbabwe
Stock Exchange (ZSE)-listed fast-foods concern Simbisa Brands announcing
that it is laying off contract workers, putting employees on.
<http://www.bulls.co.zw/2020/04/07/simbisa-lays-off-contract-workers/> Read
more >

Local Chinese tobacco merchants seek COVID19 lockdown exemption

Chinese tobacco merchants are engaging Government with a view to get an
exemption from the ongoing national lockdown and be granted the green light
to continue exporting the golden leaf..
<http://www.bulls.co.zw/2020/04/07/local-chinese-tobacco-merchants-seek-covi
d19-lockdown-exemption/> Read more >

 <mailto:info at bulls.co.zw> 

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

Fungibility suspension to 'materially' affect Old Mutual Zim share price

DIVERSIFIED financial services group, Old Mutual Limited (OML) has advised
shareholders in the Zimbabwean unit that the fungibility suspension order on
its shares would materially affect the share price. Last.
<http://www.bulls.co.zw/2020/04/07/fungibility-suspension-to-materially-affe
ct-old-mutual-zim-share-price/> Read more >

Govt mulls funding for SMEs, informal sector

GOVERNMENT is considering availing funding to cushion informal and
small-scale enterprises that have not been spared by the global pandemic,
COVID-19, NewsDay Business has established. In a statement, the Women.
<http://www.bulls.co.zw/2020/04/07/govt-mulls-funding-for-smes-informal-sect
or/> Read more >

Miners seek reprieve during lockdown

SMALL-scale miners have applied for a reprieve to continue operating during
the 21-day lockdown period, with minimum staff required for the care and
maintenance of their operations to contain the.
<http://www.bulls.co.zw/2020/04/07/miners-seek-reprieve-during-lockdown/>
Read more >

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

President issues directive on money transfer services

The Reserve Bank of Zimbabwe (RBZ) has been directed to ensure that money
transfer service systems are working efficiently and are accessible to the
public, especially for processing of financial.
<http://www.bulls.co.zw/2020/04/07/president-issues-directive-on-money-trans
fer-services/> Read more >

Firms increase Covid-19 related spending

Zimbabwean companies are spending millions of dollars in their efforts to
mitigate the impact of Covid-19 and protect employees, the latest snap
survey conducted by business body, the Confederation of.
<http://www.bulls.co.zw/2020/04/07/firms-increase-covid-19-related-spending/
> Read more >

 <mailto:info at bulls.co.zw> 

Woolworths profit falls

South African retailer Woolworths expects profit for the 52 weeks to June 28
to fall more than 20 percent year on year, hit by a drop in sales owing to.
<http://www.bulls.co.zw/2020/04/07/woolworths-profit-falls/> Read more >

Low demand affects WMI, Nissan deal

The Industrial Development Corporation of Zimbabwe (IDCZ), says negotiations
to assemble Nissan vehicles at its Willowvale Motor Industries plant in
Harare have been hindered by low demand of new cars.
<http://www.bulls.co.zw/2020/04/07/low-demand-affects-wmi-nissan-deal/> Read
more >

Millers donate 40 000 tonnes grain to Government

THE Grain Millers Association of Zimbabwe (GMAZ) has donated 40 000 tonnes
of grain to Government that the milling industry has imported using free
funds. GMAZ president Mr Tafadzwa Musarara.
<http://www.bulls.co.zw/2020/04/07/millers-donate-40-000-tonnes-grain-to-gov
ernment/> Read more >

Tourism players set up Covid-19 taskforce

PLAYERS in the country's major tourism hub, Victoria Falls, have teamed up
with other stakeholders in forming a taskforce to tackle the Covid-19 global
pandemic and enhance management of resources.
<http://www.bulls.co.zw/2020/04/07/tourism-players-set-up-covid-19-taskforce
/> Read more >

Steward Bank appoints Mashavave as CEO

STEWARD Bank has appointed Mr Courage Mashavave as the substantive chief
executive officer taking over from Mr Krison Chirairo who has been occupying
the position on acting capacity following the..
<http://www.bulls.co.zw/2020/04/07/steward-bank-appoints-mashavave-as-ceo/>
Read more >

Vendors plead for chance to clear perishables

MRS Miriam Ncube's vending stall at Kombayi Fresh Produce Market in Gweru
was often busy, bringing together up to 10 customers at one go to buy
produce that includes tomatoes.
<http://www.bulls.co.zw/2020/04/07/vendors-plead-for-chance-to-clear-perisha
bles/> Read more >

Mealie-meal blackmarket thrives

THE black market for subsidised roller meal is thriving during the 21-day
lockdown due to shortages that have seen many people spending long hours in
queues and not maintaining social.
<http://www.bulls.co.zw/2020/04/07/mealie-meal-blackmarket-thrives/> 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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