Bulls n Bears Investors Notebook Issue 641: 23 December 2020

Wed Dec 23 05:44:12 CAT 2020

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Bulls n Bears Investors Notebook Issue 641: 23 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

Dam building gets top priority

Treasury says it will prioritise the completion of key water bodies in 2021
given their significance to the overall performance of the Zimbabwean
economy. Estimated funding for dam infrastructure in .
<https://bullszimbabwe.com/dam-building-gets-top-priority/> Read more >

Retailers lament backdated VAT on rice

The Confederation of Zimbabwe Retailers (CZR) has condemned the Zimbabwe
Revenue Authority (ZIMRA)'s persistence to collect VAT on rice claiming that
it is promoting policy inconsistency and threatening the business .
<https://bullszimbabwe.com/retailers-lament-backdated-vat-on-rice/> Read
more >

 <mailto:info at bulls.co.zw> 

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

RBZ clarifies use of USD

RESERVE Bank of Zimbabwe (RBZ) Governor Dr John Mangudya has explained the
use of US dollars in the country, including value and legal status of the
virtual form of the . <https://bullszimbabwe.com/rbz-clarifies-use-of-usd/>
Read more >

Tobacco farming early birds start reaping

Farmers with early irrigated tobacco have started reaping and curing in a
season when the area under production has increased by 46 percent, the
Tobacco Industry and Marketing Board has .
<https://bullszimbabwe.com/tobacco-farming-early-birds-start-reaping/> Read
more >

$820m added to critical Budget items

An extra $820 million has been added to some items in the $421,6 billion
2021 National Budget to cover critical funding gaps identified by
Parliament. Finance and Economic Development Minister .
<https://bullszimbabwe.com/820m-added-to-critical-budget-items/> Read more >

 <mailto:info at bulls.co.zw> 

Chinese firm invests US$6m in citrus venture

A CHINESE organisation, China Industrial International Group (CIIG) is
investing US$6 million towards the production of citrus seedlings. The
organisation is hoping to sell the seedlings and citrus produce on .
<https://bullszimbabwe.com/chinese-firm-invests-us6m-in-citrus-venture/>
Read more >

$200m released for Masvingo road projects

Government has released nearly $200 million for the completion of
outstanding works on ongoing road projects in Masvingo Province which have
been further delayed by the current wet spell. The .
<https://bullszimbabwe.com/200m-released-for-masvingo-road-projects/> Read
more >

Zim hotels fully booked for Xmas

Almost all hotels and lodges in resort towns such as Kariba, Masvingo, the
Eastern Highlands and Victoria Falls are fully booked for the festive season
as the travel bug continues .
<https://bullszimbabwe.com/zim-hotels-fully-booked-for-xmas/> Read more >

Chaos at Forbes Border Post

CHAOS continues to reign supreme at the Forbes Border Post as only haulage
truckers with Covid-19 certificates are being allowed entry into either
Zimbabwe or Mozambique, leading to long queues .
<https://bullszimbabwe.com/chaos-at-forbes-border-post/> Read more >

 <mailto:info at bulls.co.zw> 

Accept old and worn US$ notes - RBZ

THE Reserve Bank of Zimbabwe (RBZ) has pleaded with businesses and the
transacting public to accept old and worn United States dollar notes.
Central Bank Governor, Dr John Mangudya, said .
<https://bullszimbabwe.com/accept-old-and-worn-us-notes-rbz/> Read more >

Victoria Falls tourism players bring cheer to locals

TOURISM operators and hoteliers in Victoria Falls have offered rare
complimentary tickets to more than 100 local residents to explore and
experience various activities and services in the industry in .
<https://bullszimbabwe.com/victoria-falls-tourism-players-bring-cheer-to-loc
als/> Read more >

New Mimosa boss outlines vision

NEWLY appointed Mimosa Mines general manager, Engineer Stephen Ndiyamba,
says the platinum producer is investing on improved operational efficiencies
to enhance cost containment in order to boost production. The company .
<https://bullszimbabwe.com/new-mimosa-boss-outlines-vision/> Read more >

ZB pours $4 million into fight against Covid-19

ZB FINANCIAL Holdings has channelled more than $4 million this year towards
enhancing the country's efforts in the fight against the deadly Covid-19
pandemic. The company has been actively participating .
<https://bullszimbabwe.com/zb-pours-4-million-into-fight-against-covid-19/>
Read more >

Telcos record jump in revenues

Telecommunications industry reported a surge in revenues in the third
quarter of 2020, but experts warn the sector is by no means out of the wood,
amid rising costs and .
<https://bullszimbabwe.com/telcos-record-jump-in-revenues/> 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

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1900, monthly since January 1971 and daily prices since January 2000. We
also provide historical ZSE prices on request.

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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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