Bulls n Bears Investors Notebook Issue 644: 29 December 2020

Tue Dec 29 08:37:19 CAT 2020

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Bulls n Bears Investors Notebook Issue 644: 29 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

Retailers dispute legal basis for rice taxation

The country's retailers are disputing the legal basis upon which the
Zimbabwe Revenue Authority (Zimra) has moved to backdate Value Added Tax
(VAT), arguing that Statutory Instrument 20 of 2017 .
<https://bullszimbabwe.com/> Read more >

BNC shows up production

Integrated nickel mining and smelting company Bindura Nickel Corporation
(BNC) invested US$1, 4 million in capital projects meant to show up
production and efficiency in the six months ended 30 .
<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

Cottco confirms Manamike as MD, names new chair

THE Cotton Company of Zimbabwe (Cottco) has confirmed Mr Pious Manamike as
the company's substantive managing director with effect from November 28,
2020. Mr Manamike, with over 30 years of . <https://bullszimbabwe.com/> Read
more >

Better year for Zim's industry

THE year 2020, a roller coaster experience for most businesses and global
economies alike due to the negative impact of the Covid-19 pandemic, comes
to an end in a couple . <https://bullszimbabwe.com/> Read more >

Zim bans mercury use

Zimbabwe has ratified the Minamata Convention banning the use of mercury in
mining and regulatory measures for its release from industrial equipment
like boilers, incinerators and power stations among others. .
<https://bullszimbabwe.com/> Read more >

 <mailto:info at bulls.co.zw> 

Masvingo gets $2bn devolution funds

Masvingo is next year poised to make major inroads in infrastructural
development projects in line with vision 2030 after the province was
allocated nearly $2 billion by Government under the .
<https://bullszimbabwe.com/> Read more >

Industry seeks to up production next year

Zimbabwe will next year focus on increased industrial production, riding on
the growth in agricultural raw materials and the need for greater farming
inputs in line with National Development Strategy .
<https://bullszimbabwe.com/> Read more >

PPC defers solar project set up

REGIONAL cement producer, Pretoria Portland Cement, says its planned 32MW
solar power plant in Colleen Bawn, Matabeleland South Province, would start
taking shape next year. PPC Zimbabwe last year announced .
<https://bullszimbabwe.com/> Read more >

ZITF assures Covid-19 safety standards for MICE business

THE Zimbabwe International Trade Fair (ZITF) Company says strict adherence
to Covid-19 national and global health guidelines is key to maintaining
bio-secure Meetings, Incentives, Conferences and Exhibitions (MICE). ZITF
Company ..  <https://bullszimbabwe.com/> Read more >

 <mailto:info at bulls.co.zw> 

South African-based seed firm backs Zimbabwe food security drive

ZIMBABWEANS in the diaspora have started responding to the Government's call
for them to actively participate in the country's economic recovery
initiatives and contribute to attainment of an upper-middle income .
<https://bullszimbabwe.com/> Read more >

Prospect gets US$200k deposit for Penhalonga disposal

AFRICAN lithium developer, Prospect Resources, has received US$200 000
deposit for its Penhalonga gold project it is selling for US$1 million. In
October this year, Prospect Resources announced that it
<https://bullszimbabwe.com/> Read more >

Tourism funds help Hwange villagers till the land

THE talk of normal to above normal rains this cropping season brought relief
to thousands of smallholder farmers in the semi-arid Hwange District. The
prospects of good farming season however, . <https://bullszimbabwe.com/>
Read more >

US$40m new hotel project for Vic Falls

LAMCENT Capital intends to raise US$40 million through a combination of debt
and equity to build a 200-roomed hotel in Victoria Falls. According to the
company, US$16 million will be . <https://bullszimbabwe.com/> Read more >

US$7m regional grant for renewable energy approved

THE African Development Bank (AfDB) has approved a US$7 million grant to
support a new technical assistance initiative aimed at meeting the
continent's fast evolving renewable mini-grid industry. Due to .
<https://bullszimbabwe.com/> Read more >

INVESTORS DIARY 2020

Company

Event

Venue

Date & Time

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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