Bulls n Bears Investors Notebook Issue 637: 16 December 2020

Wed Dec 16 09:49:53 CAT 2020

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Bulls n Bears Investors Notebook Issue 637: 16 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

SeedCo International projects US$4,8m profit

SeedCo International Limited (SCIL) expects to return to the black when
interim results for the period ended 30 September, 2020 are published on or
before December 31. The firm is .
<https://bullszimbabwe.com/seedco-international-projects-us48m-profit/> Read
more >

New Mimosa boss targets cost control

NEWLY appointed Mimosa Mining Company general manager, Engineer Stephen
Ndiyamba, says the platinum producer is looking at investing towards
improved operational efficiencies to enhance cost containment in order to
boost  <https://bullszimbabwe.com/new-mimosa-boss-targets-cost-control/>
Read more >

 <mailto:info at bulls.co.zw> 

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

Zim praised for budget openness

Zimbabwe is making significant progress, both at central Government and
local authority level, in ensuring transparency, accountability and
inclusivity in the entire National Budget formulation cycle, although there
are still . <https://bullszimbabwe.com/zim-praised-for-budget-openness/>
Read more >

Insurers hail Govt nod to trade in foreign currency

Short-term insurers have applauded Government's decision to allow them to
carry out business and investments in foreign currency, saying the move will
restore trust and viability. The insurance industry, like .
<https://bullszimbabwe.com/insurers-hail-govt-nod-to-trade-in-foreign-curren
cy/> Read more >

Cannabis: New drive to remove bottlenecks

The Zimbabwe Investment and Development Agency (ZIDA) and Ministry of Health
and Child Care have crafted a framework for cooperation to reduce hurdles to
invest in the cannabis industry. Under .
<https://bullszimbabwe.com/cannabis-new-drive-to-remove-bottlenecks/> Read
more >

 <mailto:info at bulls.co.zw> 

NDS1 focuses on key infrastructure

The National Development Strategy 1 (NDS1), the Government's five-year
economic management master plan through to year 2025, will focus on
building, expanding and restoring key enabler infrastructure. This comes as
. <https://bullszimbabwe.com/nds1-focuses-on-key-infrastructure/> Read more
>

starafrica seeks to double profits

Despite Covid-19-related challenges experienced by businesses this year,
sugar processor, starafrica corporation, says it will focus on doubling
export volumes over the next six months and beyond. Group chairman Mr .
<https://bullszimbabwe.com/starafrica-seeks-to-double-profits/> Read more >

ZIDA: Conduit for free flow of investment, NDS1 success

Varun Beverages was awarded private sector special economic zone status.
It's a good example of how foreign investment can create employmentLovemore
Chikova Development Dialogue Foreign direct investment (FDI) and local .
<https://bullszimbabwe.com/zida-conduit-for-free-flow-of-investment-nds1-suc
cess/> Read more >

Zimdollar firms

The Zimbabwe dollar traded firmer against the United States dollar in
yesterday's foreign currency auction, edging up almost 0,15 percent, that is
about one seventh of one percent, to $81,73 .
<https://bullszimbabwe.com/zimdollar-firms/> Read more >

 <mailto:info at bulls.co.zw> 

Indian investors target Vic Falls

Victoria Falls, which was declared a city last week and is already a special
economic zone, has started attracting foreign investors, with an Indian
transnational firm with interests in the .
<https://bullszimbabwe.com/indian-investors-target-vic-falls/> Read more >

IPEC opens complaints handling office in Byo

THE Insurance and Pensions Commission (IPEC) has opened a complaints
handling office in Bulawayo to assist members of the public who have
enquiries or complaints over their pension and insurance .
<https://bullszimbabwe.com/ipec-opens-complaints-handling-office-in-byo/>
Read more >

'Two percent tax' a huge success

ZIMBABWE managed to avert a potential Covid-19 pandemic disaster while civil
servants are receiving their salaries on time and infrastructural
development projects are underway across the country - a positive .
<https://bullszimbabwe.com/two-percent-tax-a-huge-success/> Read more >

Exports, forex reserves impressive: RBZ

THE exponential rise in foreign currency account (FCA) holdings to US$1,1
billion and strong export performance this year are evidence that the
economy is now on sound footing for sustained .
<https://bullszimbabwe.com/exports-forex-reserves-impressive-rbz/> Read more
>

Standard Bank Group unveils fossil fuels financing policy

STANBIC Bank Zimbabwe's parent company, Standard Bank Group, has published
its 'Fossil Fuels Financing Policy' as part of efforts to improve management
of environmental, social and governance (ESG) risks, and .
<https://bullszimbabwe.com/standard-bank-group-unveils-fossil-fuels-financin
g-policy/> Read more >

INVESTORS DIARY 2020

Company

Event

Venue

Date & Time

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.

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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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