Bulls n Bears Investors Notebook Issue 632: 09 December 2020

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Wed Dec 9 06:37:59 CAT 2020




 

	
 


 

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Bulls n Bears Investors Notebook Issue 632: 09 December 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

 

Industry overjoyed by widening of tax brackets   

The widening of tax brackets by Government is expected to boost spending by
employees since they will have more money, and correspondingly result in
businesses pushing more volumes, Employers Confederation of Zimbabwe (Emcoz)
president Dr Israel Murefu has said.  <https://bullszimbabwe.com/> Read more
>

 


 

 

 


 

'Resource curse' hangs over Muzarabani oil hunt   

INVICTUS Energy, the Australia firm currently exploring for oil and gas in
the Muzarabani area, is almost certain to face demands from residents and
the local leadership to prioritise employment of locals and investment in
community initiatives like road, bridge and dam construction if it makes a
commercial discovery.  <https://bullszimbabwe.com/> Read more >

 	

 <mailto:info at bulls.co.zw> 

 


 

 


For more business & financial updates log onto
<http://www.bullszimbabwe.com> www.bullszimbabwe.com

 

US$25m earmarked for sesame seed   

LOCAL firm, Cashbox Financial Services (CFS), has injected US$25 million to
finance production of olive oil seed crop, sesame seeds, in the 2020/2021
season under a contract farming scheme.  <https://bullszimbabwe.com/> Read
more >

 


 

 

 

 


 

 

Implats joins PGMs-linked venture capital fund   

JOHANNESBURG - Platinum group metals (PGMs) mining and marketing company
Impala Platinum (Implats) announced on Monday that it would be joining a
high-flying venture capital fund that supports technologies making use of
PGMs, which are helping the world to combat climate change.
<https://bullszimbabwe.com/> Read more >

 

	
 


 

 

Minister Ncube to headline business dinner   

Finance and Economic Development Minister Professor Mthuli Ncube, is
expected to headline a 2020 year end business dinner in Harare that
celebrates and recognises resilience shown by local businesses in the face
of Covid-19 pandemic.  <https://bullszimbabwe.com/> Read more >

 


 

 

 

 


 

 

	 


 <mailto:info at bulls.co.zw> 

 


 

 

	 

		
Econet hikes tariffs by 20pc   

Zimbabwe's largest mobile network operator, Econet Wireless, has revised its
voice, data and SMS bundle prices upwards by an average 20 percent, in an
effort to recover value reportedly eroded due to currency devaluation and
other rising costs of key network inputs.  <https://bullszimbabwe.com/> Read
more >

 

	
 

 

 

	
 

Zimdollar continues solid run   

The Zimbabwe dollar exchange rate continues to move within minute margins,
with the local currency strengthening in yesterday's auction by a marginal
0,02 percent to $81,85 from $81,87 to the United States dollar.
<https://bullszimbabwe.com/> Read more >

 

	
 

	 

	
 

	
 

	
 

GDP data shows need for devolution   

The provincial data for gross domestic product (GDP) show glaring
inequalities in the distribution of the country's wealth with Harare alone
accounting for 39,55 percent of the total while the other nine provinces
share the remaining 60,44 percent.  <https://bullszimbabwe.com/> Read more >

 

	
 

 

 

	
 

Tourism sector wants permit/licence fees cut   

PLAYERS in the tourism industry have appealed to the Government to slash
permit and licence fees by 50 percent to facilitate the sector's recovery
from the Covid-19 losses.  <https://bullszimbabwe.com/> Read more >

 

	
 

	 


 <mailto:info at bulls.co.zw> 

 

	
 

	
 

	 

	
 

Champion farmer says tobacco can be grown anywhere in Zim   

NEWLY crowned 2020 national young champion farmer, Mr Pardon Mhuri, says the
country can realise more gains if tobacco was grown in all parts of the
country.  <https://bullszimbabwe.com/> Read more >

 

	
 

 

 

	
 

Zimra reverts to manual cargo clearance   

The Zimbabwe Revenue Authority (Zimra) has reverted to manual cargo
clearance in response to complaints over the technical inefficiency of the
automated e-road cargo manifest system.  <https://bullszimbabwe.com/> Read
more >

 


 

 

	 

	
 

	
 

Radiation Protection Authority to set shop at borders   

The Radiation Protection Authority of Zimbabwe is now setting shop at the
country's ports of entries to enforce the new Government requirements on
vehicle imports.  <https://bullszimbabwe.com/> Read more >

 

	
 

 

 

	
 

Pension contribution arrears: Stiffer penalties for CEOs, finance directors

CHIEF executive officers and finance directors who deduct pension
contributions but do not remit the same to pension funds risk civil and
criminal penalties in their personal capacities if the .
<https://bullszimbabwe.com/pension-contribution-arrears-stiffer-penalties-fo
r-ceos-finance-directors/> Read more >

 

	
 

 

 

	
 

Lockdown wiped out all savings - small traders

WHILE the prevailing price stability is being welcomed by consumers and
major businesses countrywide, small scale traders are struggling to keep
afloat. Business leaders across the divide have hailed the .
<https://bullszimbabwe.com/lockdown-wiped-out-all-savings-small-traders/>
Read more >

 

	
 

	
 


 

INVESTORS DIARY 2020

 


Company

Event

Venue

Date & Time

 


 

 


Truworths

AGM

Boardroom, Prospect Park, 808 Seke Road. Virtual link:
https://escrowagm.com/eagmZim/login.aspx 

10/12/2020 : 9am

 


Powerspeed

EGM

Powerspeed Complex, Corner Cripps Road and Kelvin Road North, Graniteside

14/12/2020 : 10am

 


Zimbabwe

National Unity Day

Zimbabwe

22/12/2020

 


 

Christmas Day

 

25/12/2020

 


 

Boxing Day

 

26/12/2020

 


 

New Year's Day

 

01/01/2021

 


 

 

 

 

 


REST OF AFRICA

 

 

 

 


 

 

 

 


 

 

 

 


 

 

 

 


 

 

 

 


Counters Trading Under Cautionary

 


 

 

 

 

 


ART

Seed co Int.

Dairibord

ART

	

Starafrica

Medtech

Turnall

Starafrica

 


Seed co

 

 

Seed co

 


 

 

 

 

 


 

 

 

 

 


 

 

 

 

 


 

 

 

 

 


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 

 

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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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