Bulls n Bears Investors Notebook Issue 564: 27 August 2020

Thu Aug 27 06:25:28 CAT 2020

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Bulls n Bears Investors Notebook Issue 564: 27 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

RioZim projects bounce in demand after Covid-19 turmoil

ZIMBABWE'S second-largest diamond miner, RioZim Limited, sees demand picking
up, after the coronavirus pandemic forced the business to halt sales in
March amid the slump in gem prices. With jewelry.
<http://www.bulls.co.zw/2020/08/27/riozim-projects-bounce-in-demand-after-co
vid-19-turmoil/> Read more >

Zimnat offers rand denominated life cover for Zimbabweans in South Africa

Zimbabweans living there to take out funeral insurance, including the cost
of bringing their bodies back home should they die in that country. Zimnat
Group chief executive officer, Mustafa Sachak,.
<http://www.bulls.co.zw/2020/08/27/zimnat-offers-rand-denominated-life-cover
-for-zimbabweans-in-south-africa/> Read more >

 <mailto:info at bulls.co.zw> 

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

Tobacco auction season ends

THE 2020 tobacco auction season comes to an end tomorrow while contract
sales remain open until further notice, the Tobacco Industry and Marketing
Board (TIMB) has said. The golden leaf.
<http://www.bulls.co.zw/2020/08/27/tobacco-auction-season-ends/> Read more >

Econet complies with RBZ directive on mobile money

ZIMBABWE'S telecommunications giant, Econet, has abolished mobile money
agents and reduced to a maximum of $5000 per day all individual EcoCash
transactions in compliance with a directive from the Reserve.
<http://www.bulls.co.zw/2020/08/27/econet-complies-with-rbz-directive-on-mob
ile-money/> Read more >

Firms in $887m pension contribution arrears

LOCAL companies have failed to remit at least $887 million in employee
pension contributions to pension funds between January to June this year
while an estimated $196 million of unclaimed.
<http://www.bulls.co.zw/2020/08/27/firms-in-887m-pension-contribution-arrear
s/> Read more >

 <mailto:info at bulls.co.zw> 

Soil testing key to improved yields: Experts

Zimbabwe has the capacity to produce enough food for both the domestic and
export markets if farmers improve their soil quality through testing,
agriculture experts have said. Speaking during a.
<http://www.bulls.co.zw/2020/08/27/soil-testing-key-to-improved-yields-exper
ts/> Read more >

Flaws in disbursement of devolution funds ruled out

The disbursement of devolution funds to local authorities for various
developmental projects is above board as the dictates of the country's
Constitution are being followed, Local Government and Public Works.
<http://www.bulls.co.zw/2020/08/27/flaws-in-disbursement-of-devolution-funds
-ruled-out/> Read more >

 <mailto:info at bulls.co.zw> 

Diasporans want passport fees slashed

Zimbabweans based in South Africa have appealed to the Government to review
passport application fees downward as most people's incomes had been
affected by Covid-19. They also want embassies to.
<http://www.bulls.co.zw/2020/08/27/diasporans-want-passport-fees-slashed/>
Read more >

Zim poised for economic transformation

A RAFT of practical measures that have been introduced by President
Mnangagwa since his first term substantive inauguration in 2018 have brought
stability to the country with economic transformation under.
<http://www.bulls.co.zw/2020/08/27/zim-poised-for-economic-transformation/>
Read more >

Agric sector to grow to US$8,2bn

The national thrust for production should see Zimbabwe with a US$8,2 billion
agriculture economy by 2025 following the launch of the Agriculture and Food
Systems Transformation Strategy by President Mnangagwa.
<http://www.bulls.co.zw/2020/08/27/agric-sector-to-grow-to-us82bn/> Read
more >

The role of deposit protection during a crisis

It is imperative to note that notwithstanding the best supervisory efforts,
banks do fail due to a number of reasons. As a result, governments across
the globe established explicit deposit.
<http://www.bulls.co.zw/2020/08/27/the-role-of-deposit-protection-during-a-c
risis/> Read more >

Information on recovery of revenue

Statutory Instrument (SI) 150 of 2020 was promulgated on 26 June 2020 to
provide regulations and procedures to people who provide information leading
to the recovery of revenue from violations.
<http://www.bulls.co.zw/2020/08/27/information-on-recovery-of-revenue/> Read
more >

Disposal of hotel boosts Meikles

Diversified hospitality group, Meikles Limited's profit for the year to
March 31, 2020 surged 336 percent to $1,4 billion compared to $320,6 million
achieved in the prior year boosted by.
<http://www.bulls.co.zw/2020/08/27/disposal-of-hotel-boosts-meikles/> Read
more >

Properties on sale require due diligence

Due diligence is a risk mitigation measure in that it is an investigation or
exercise of care that a reasonable person is normally expected to take
before entering an agreement.
<http://www.bulls.co.zw/2020/08/27/properties-on-sale-require-due-diligence/
> Read more >

INVESTORS DIARY 2020

Company

Event

Venue

Date & Time

SeedCo

AGM

Virtual (https://eagm.creg.co.zw/eagmzim/Login.aspx#)

28 August 2020 | 9am

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.

 Invest Wisely!

Bulls n Bears 

Cellphone:      <tel:%2B263%2077%20344%201674> +263 77 344 1674

Alt. Email:       <mailto:info at bulls.co.zw> info at bulls.co.zw  

Website:
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QjCNH8LYgdY55h-XKseuM8Kpr-JKdfhQ> www.bulls.co.zw 

Blog:
<http://www.google.com/url?q=http%3A%2F%2Fwww.bulls.co.zw%2Fblog&sa=D&sntz=1
&usg=AFQjCNFoIy6F9IXAiYnSoPSgWDYsr8Sqtw> www.bulls.co.zw/blog

Twitter:         @bullsbears2010

LinkedIn:       Bulls n Bears Zimbabwe

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www.facebook.com/BullsBearsZimbabwe

Skype:         Bulls.Bears 

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.

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