Bulls n Bears Investors Notebook Issue 557: 17 August 2020

Mon Aug 17 07:26:26 CAT 2020

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Bulls n Bears Investors Notebook Issue 557: 17 August 2020

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

Bulls 'n Bears Investors Diary: Today's Events

Quotable Quote:

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

Zimbabwe's July y/y inflation at 837.5%

HARARE (Reuters) - Zimbabwe's inflation was 837.53% year-on-year in July
compared to 737.26% the previous month, state statistics body Zimstat said
on Saturday. On a monthly basis, prices increased by.
<http://www.bulls.co.zw/2020/08/17/zimbabwes-july-y-y-inflation-at-837-5/>
Read more >

Forex auction bolsters productive sector

THE procurement of raw materials is dominating the allocation of foreign
currency at the foreign currency auction. Towards the end of June, the
Reserve Bank of Zimbabwe (RBZ) introduced the.
<http://www.bulls.co.zw/2020/08/17/forex-auction-bolsters-productive-sector-
2/> Read more >

 <mailto:info at bulls.co.zw> 

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

First Mutual makes board changes

FIRST Mutual Holdings Limited chairman and director, Dr Oliver Mtasa, has
stepped down with effect from August 7, 2020 after the expiry of his tenure
of office. In a statement,.
<http://www.bulls.co.zw/2020/08/17/first-mutual-makes-board-changes/> Read
more >

'Pepsi's success shows confidence in Zimbabwe's investment climate'

THE success of soft drink manufacturer, Pepsi Zimbabwe, is testimony of the
country's attractiveness to investment and impact of President Mnangagwa's
"Zimbabwe is Open for Business" mantra, a Cabinet Minister.
<http://www.bulls.co.zw/2020/08/17/pepsis-success-shows-confidence-in-zimbab
wes-investment-climate/> Read more >

Zim seeks to improve domestic airstrips

Zimbabwe is looking to improve its air connectivity, particularly to a
number of domestic tourist attractions, as it seeks to improve the sector's
contribution to gross domestic product (GDP). Key.
<http://www.bulls.co.zw/2020/08/17/zim-seeks-to-improve-domestic-airstrips/>
Read more >

 <mailto:info at bulls.co.zw> 

Varun launches new product line

SOFT drink manufacturer, Varun Beverages Zimbabwe, has launched a new energy
drink product line called "Sting" as it seeks to enhance consumer choice and
taste. The latest offering will be.
<http://www.bulls.co.zw/2020/08/17/varun-launches-new-product-line/> Read
more >

'Local production can save foreign currency'

MAIZE and wheat, Zimbabwe's staple grains, account for over half of the
foreign currency that corporate entities require for key raw material
imports, Reserve Bank of Zimbabwe (RBZ) Governor Dr.
<http://www.bulls.co.zw/2020/08/17/local-production-can-save-foreign-currenc
y/> Read more >

 <mailto:info at bulls.co.zw> 

Pepsi seeks to empower youths, women

THE success of soft drink manufacturer Pepsi Zimbabwe is testimony of the
country's attractiveness to investment and impact of President Mnangagwa's
"Zimbabwe is Open for Business" mantra, a Cabinet Minister.
<http://www.bulls.co.zw/2020/08/17/pepsi-seeks-to-empower-youths-women/>
Read more >

Tobacco auction days cut

THE Tobacco Industry and Marketing Board (TIMB) has reduced the number of
auction days to three per week, with farmers being advised to speed up
grading and deliveries of the.
<http://www.bulls.co.zw/2020/08/17/tobacco-auction-days-cut/> Read more >

Drones improve sniffing out poachers

THE Zimbabwe Parks and Wildlife Management Authority (ZimParks) has started
using drones to detect poachers as part of improved and technology-based
conservation strategies. Three poachers have been shot dead since.
<http://www.bulls.co.zw/2020/08/17/drones-improve-sniffing-out-poachers/>
Read more >

New techniques enhance agric efficiency

THE Government has embarked on an aggressive drive to modernise agriculture
through innovations and the introduction of new technologies in partnership
with the EU-funded Zimbabwe Agriculture Knowledge and Innovation services.
<http://www.bulls.co.zw/2020/08/17/new-techniques-enhance-agric-efficiency/>
Read more >

Govt targets export boost

Government is enhancing its engagement with local exporters to position them
towards increased business as part of a vision to drive export revenue from
US$7 billion by 2023 to US$14.
<http://www.bulls.co.zw/2020/08/17/govt-targets-export-boost/> Read more >

Govt pours $6bn into capital projects, more expected

GOVERNMENT sank over $6 billion during the first half of the year into
infrastructure development projects to stimulate economic productivity,
while an additional $18 billion would be injected during the.
<http://www.bulls.co.zw/2020/08/17/govt-pours-6bn-into-capital-projects-more
-expected/> Read more >

Bureaucracy stifles local innovations

Some global regulatory frameworks slow down innovations in science and
technology, and create fertile ground for cyber fraudsters. Experts say
developing countries like Zimbabwe have innovators who are capable of.
<http://www.bulls.co.zw/2020/08/17/bureaucracy-stifles-local-innovations/>
Read more >

INVESTORS DIARY 2020

Company

Event

Venue

Date & Time

Lafarge

AGM

virtual

18  August 2020 | 12pm

REST OF AFRICA

Counters Trading Under Cautionary

Africansun

RioZim

CBZH

Turnall

Dawn

Unifreight

Falgold

Zimplow

Zimre

Fidelity

FM Holdings

ZPI

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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