Bulls n Bears Investors Notebook Issue 559: 19 August 2020

Wed Aug 19 07:29:40 CAT 2020

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Bulls n Bears Investors Notebook Issue 559: 19 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

Zimdollar moves towards stability

The Zimbabwe dollar has effectively reached a stable exchange rate with
yesterday's auction showing a slight movement of 0,43 percent or just under
36 cents, as the price of the.
<http://www.bulls.co.zw/2020/08/19/zimdollar-moves-towards-stability/> Read
more >

Belgian deal to catapult Prospect's lithium project

Australia listed firm, Prospect Resources, has secured a long-term off-take
partner for its Arcadia Lithium Project with a Belgian company - Sibelco,
the miner has announced. The deal is set.
<http://www.bulls.co.zw/2020/08/19/belgian-deal-to-catapult-prospects-lithiu
m-project/> Read more >

 <mailto:info at bulls.co.zw> 

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

Better prices, incentives lure cotton farmers

Farmers in Lusulu in the Matabeleland North Province intend to put more land
under the cotton crop this year on the back of better prices and related
incentives they received..
<http://www.bulls.co.zw/2020/08/19/better-prices-incentives-lure-cotton-farm
ers/> Read more >

Curfew, business hours eased

The curfew has been cut to between 8pm and 6am, while business hours were
restored to between 8am and 4.30pm to ease the plight of the public and
lower the.  <http://www.bulls.co.zw/2020/08/19/curfew-business-hours-eased/>
Read more >

Major investment boost for Victoria Falls

The Government is planning to establish a special purpose vehicle (SPV), the
Mosi Oa Tunya Development Company (Mosi), to increase investments into the
country's premier tourist destination - Victoria Falls..
<http://www.bulls.co.zw/2020/08/19/major-investment-boost-for-victoria-falls
/> Read more >

 <mailto:info at bulls.co.zw> 

More roadworks on the way

Government has embarked on road rehabilitation projects, with works of
varying magnitude taking place in every constituency in line with President
Mnangagwa's vision of creating an upper middle income society.
<http://www.bulls.co.zw/2020/08/19/more-roadworks-on-the-way/> Read more >

Cheap plastic products flood Graniteside

Cheap plastic products being manufactured in backyard workshops have invaded
the market, as people vie for alternative goods. Colman Street in Harare's
Graniteside industrial area was yesterday a hive of.
<http://www.bulls.co.zw/2020/08/19/cheap-plastic-products-flood-graniteside/
> Read more >

 <mailto:info at bulls.co.zw> 

Water barons cash in on desperation

Water barons selling water in Chitungwiza have more than doubled prices, as
MDC Alliance- run Chitungwiza Municipality is struggling to give residents
reliable supplies. The prices vary per 20-litre bucket,.
<http://www.bulls.co.zw/2020/08/19/water-barons-cash-in-on-desperation/>
Read more >

Civil service salary talks in progress

DESPITE disruptions caused by Covid-19-induced restrictions, the Government
is willing to conclude negotiations with unions representing civil servants
over wages and other employment terms this month. Some workers'
representatives were.
<http://www.bulls.co.zw/2020/08/19/civil-service-salary-talks-in-progress/>
Read more >

Don't be left out, it's time to invest in Zim

There are many reasons why investing in Zimbabwe at this moment makes sense,
especially for those who do not want to be left out because most of the
lucrative opportunities.
<http://www.bulls.co.zw/2020/08/19/dont-be-left-out-its-time-to-invest-in-zi
m/> Read more >

Mobile money limits due for review as inflation reach 837pc

The level of inflation in the country, which reached 837 percent in July,
the highest in 10 years, should be used as an indicator that mobile money
limits at $5,000.
<http://www.bulls.co.zw/2020/08/19/mobile-money-limits-due-for-review-as-inf
lation-reach-837pc/> Read more >

No respite yet for ZSE stocks

It was another bad day for equity market investors yesterday as the ZSE was
largely in the negative territory with just four counters recording gains.
Small capitalised companies were again.
<http://www.bulls.co.zw/2020/08/19/no-respite-yet-for-zse-stocks/> Read more
>

ZPI's rental income ahead of budget

Despite the challenging business environment property firm, ZimRe Property
Investments (ZPI) recorded positive performance for the five months to May
31, 2020 as rental income exceeded budget by 49 percent..
<http://www.bulls.co.zw/2020/08/19/zpis-rental-income-ahead-of-budget/> Read
more >

Buy Zimbabwe to host strategic post Covid-19 business indaba

THE Buy Zimbabwe Initiative will tomorrow host a post Covid-19 strategic
business renewal webinar aimed at assisting businesses to recover from the
pandemic. The deadly Covid-19 was first detected in.
<http://www.bulls.co.zw/2020/08/19/buy-zimbabwe-to-host-strategic-post-covid
-19-business-indaba/> 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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