Bulls n Bears Investors Notebook Issue 534: 10 July 2020

Fri Jul 10 07:38:16 CAT 2020

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Bulls n Bears Investors Notebook Issue 534: 10 July 2020

 <mailto:info at bulls.co.zw> 

Bulls 'n Bears Investors Diary: Today's Events

Quotable Quote:

Relations are all about: Winning, Losing & Sharing.
Winning Trust, Losing ego

Mobile banking to operate via Zimswitch

Zimswitch, a company set up and owned by Zimbabwean banks, has been
designated as the national payment switch and providers of mobile money
transmission and mobile banking now must be.
<http://www.bulls.co.zw/2020/07/10/mobile-banking-to-operate-via-zimswitch/>
Read more >

Falgold mine issues cautionary statement

AILING gold mining firm, Falcon Gold Zimbabwe Limited (Falgold), has issued
a further cautionary statement relating to cash offer to minority
shareholders and its suspension from the Zimbabwe Stock Exchange..
<http://www.bulls.co.zw/2020/07/10/falgold-mine-issues-cautionary-statement/
> Read more >

 <mailto:info at bulls.co.zw> 

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

NetOne reinstates Muchenje as CEO

NetOne Cellular has reportedly reinstated its chief executive Lazarus
Muchenje with immediate effect after withdrawing charges against him that
bordered on incompetence. People close to the matter said the country's.
<http://www.bulls.co.zw/2020/07/10/netone-reinstates-muchenje-as-ceo/> Read
more >

Private players join RBZ auction

The Reserve Bank of Zimbabwe (RBZ)'s weekly foreign exchange auction system
received a major confidence booster this Tuesday following the first ever
participation of two private sector giants that sold.
<http://www.bulls.co.zw/2020/07/10/private-players-join-rbz-auction/> Read
more >

Zim to promote nuclear power

Zimbabwe will have a draft sustainable energy policy by year end that among
other critical issues, will promote greater use of renewable sources
including nuclear power, according to Energy and.
<http://www.bulls.co.zw/2020/07/10/zim-to-promote-nuclear-power/> Read more
>

 <http://www.nedbank.co.zw/> 

14 apply for TV licences

Fourteen companies have so far applied for television licences, the
Broadcasting Authority of Zimbabwe (BAZ) has said. This comes as the country
is seeking to encourage media plurality in line.
<http://www.bulls.co.zw/2020/07/10/14-apply-for-tv-licences/> Read more >

Informal sector sends SOS to Govt

Government should assist the informal sector to register their businesses
through facilitation of documentation to register companies and tax
clearances in fulfilment of President Mnangagwa's call to ensure that the.
<http://www.bulls.co.zw/2020/07/10/informal-sector-sends-sos-to-govt/> Read
more >

 <mailto:info at bulls.co.zw> 

Foreign investors keen on housing sector: Minister

Foreign investors, mainly from South Africa and China, are keen to invest in
the potentially lucrative local housing sector in a move expected to help
Government achieve its target of.
<http://www.bulls.co.zw/2020/07/10/foreign-investors-keen-on-housing-sector-
minister/> Read more >

Farmers must time loan usage: Agribank

Farmers must immediately deploy their Zimbabwe dollar loans into the
acquisition of key inputs upon receiving the funds to counter the negative
impact of prevailing high inflation, the Agriculture Development.
<http://www.bulls.co.zw/2020/07/10/farmers-must-time-loan-usage-agribank/>
Read more >

Vic Falls reopening uplifts tourism

The world's largest waterfall, Victoria Falls, officially opened to the
public Wednesday bringing joy to tourism operators who said the development
marks a huge step towards re-opening of the industry..
<http://www.bulls.co.zw/2020/07/10/vic-falls-reopening-uplifts-tourism/>
Read more >

Budget review set for next week

Finance and Economic Development Minister Professor Mthuli Ncube, is
expected to present his Mid-Term Fiscal Policy Review and ministerial
statement on the state of the economy in Parliament on next.
<http://www.bulls.co.zw/2020/07/10/budget-review-set-for-next-week/> Read
more >

NSSA gives temporary relief to Covid-19 hit firms

NSSA says it has deferred implementation of new contribution rates that were
meant to be effective from January 2020 The National Social Security
Authority (NSSA) said yesterday it was giving.
<http://www.bulls.co.zw/2020/07/10/nssa-gives-temporary-relief-to-covid-19-h
it-firms/> Read more >

Blanket Mine Q2 output up

GWANDA-based gold mining firm, Blanket Mine, has produced 13 499 ounces of
the yellow metal in the second quarter ended June 30, 2020 reflecting a 6,2
percent increase compared to.
<http://www.bulls.co.zw/2020/07/10/blanket-mine-q2-output-up/> Read more >

African Sun rethinks strategy post Legacy deal

African Sun Limited has shifted its business model from being a hotel
investment company to that of a hotel asset management company following the
termination of a management contract with.
<http://www.bulls.co.zw/2020/07/10/african-sun-rethinks-strategy-post-legacy
-deal/> Read more >

INVESTORS DIARY 2020

Company

Event

Venue

Date & Time

Dawn Properties

AGM

Ophir Room, Monomotapa Hotel, 54 Park Lane

09 Jul 2020 : 0900

Mash

AGM

Virtual, Boardroom, 19th Floor, ZB Life Towers, 77 Jason Moyo Avenue

09 Jul 2020 : 1200

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.

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.

Invest Wisely!

Bulls n Bears 

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