Bulls n Bears Investors Notebook Issue 547: 30 July 2020

Thu Jul 30 07:41:26 CAT 2020

 <http://www.bulls.co.zw/> Bulls.co.zw
<mailto:info at bulls.co.zw?subject=View%20and%20Comments> Views & Comments
<http://www.bulls.co.zw/blog> Bullish Thoughts
<http://www.twitter.com/BullsBears2010> Twitter
<https://www.facebook.com/BullsBearsZimbabwe> Facebook
<http://www.linkedin.com/pub/bulls-n-bears-zimbabwe/57/577/72> LinkedIn
<https://chat.whatsapp.com/CF6wllAfScU9Wr6dXxoQnO> WhatsApp
<mailto:info at bulls.co.zw?subject=Unsubscribe> Unsubscribe

Bulls n Bears Investors Notebook Issue 547: 30 July 2020

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

Bulls 'n Bears Investors Diary: Today's Events

ZBFH

AGM

Board Room, 21 Natal Road, Avondale

30 July 2020 | 10:30am

OK Zimbabwe

AGM

Virtual

30 July 2020 | 3pm

Quotable Quote:

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

Zimbabwe to pay white farmers $3.5bn in land compensation deal

Harare to issue long-term bonds and jointly approach international donors
with farmers to raise funding. Zimbabwe agreed on Wednesday to pay $3.5bn in
compensation to white farmers whose land was.
<http://www.bulls.co.zw/2020/07/30/zimbabwe-to-pay-white-farmers-3-5bn-in-la
nd-compensation-deal/> Read more >

Choppies records 69% drop in revenue

Retail group Choppies says the currency volatility in Zimbabwe had a severe
knock on effect on the business which resulted in revenue falling by P1,1
billion ($6,71 billion) or by.
<http://www.bulls.co.zw/2020/07/30/choppies-records-69-drop-in-revenue/>
Read more >

 <mailto:info at bulls.co.zw> 

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

It was our idea, ZSE speaks on VFEX

The Zimbabwe Stock Exchange says the proposed Victoria Victoria Falls
Exchange (VFEX)'s main objective is to assist export oriented companies to
raise capital for growth. While Finance and Economic Development.
<http://www.bulls.co.zw/2020/07/30/it-was-our-idea-zse-speaks-on-vfex/> Read
more >

Mozambique market ripe for exports: ZimTrade

ZIMTRADE has urged local exporters to tap into vast opportunities presented
by the Mozambican market leveraging on the sound political and trade
relations existing between the two countries. The eastern.
<http://www.bulls.co.zw/2020/07/30/mozambique-market-ripe-for-exports-zimtra
de/> Read more >

Parastatals improve on governance standards: Ncube

Most public enterprises are now upholding good corporate governance
standards in line with Public Entities Corporate Governance Act, Finance and
Economic Development Minister Professor Mthuli Ncube has said. The Public.
<http://www.bulls.co.zw/2020/07/30/parastatals-improve-on-governance-standar
ds-ncube/> Read more >

 <mailto:info at bulls.co.zw> 

Zim dollar eases by 6, 4 percent

THE official exchange rate between the Zimbabwe dollar and US dollar moved
to US$1:ZWL$76.76 after Tuesday's auction that saw US$14,3 million being
allotted. The weekly foreign currency auction, the sixth.
<http://www.bulls.co.zw/2020/07/30/zim-dollar-eases-by-6-4-percent/> Read
more >

ZSE suspended Seedco, Old Mutual await way forward

SEEDCO International is awaiting further details from the Zimbabwe Stock
Exchange and other regulatory authorities with regards its suspension from
trading on the local stock market, chief executive officer, Mr.
<http://www.bulls.co.zw/2020/07/30/zse-suspended-seedco-old-mutual-await-way
-forward/> Read more >

 <mailto:info at bulls.co.zw> 

Surge in local Covid-19 cases worries tourism players

Victoria Falls - THE upsurge in local Covid-19 cases is likely to cripple
all efforts being put in place to promote domestic tourism in the country,
players in the tourism.
<http://www.bulls.co.zw/2020/07/30/surge-in-local-covid-19-cases-worries-tou
rism-players/> Read more >

DBSA says loans this year likely to exceed $818mn target

The Development Bank of Southern Africa expects to lend as much as R16
billion ($970 million) this year, even as some clients put off
infrastructure spending amid the fallout from.
<http://www.bulls.co.zw/2020/07/30/dbsa-says-loans-this-year-likely-to-excee
d-818mn-target/> Read more >

USD-indexed tariff adjustments, a timely boost for Telecos

Telecommunication companies operating in the country must have breathed a
heavy sigh of relief last week after regulator Postal and Telecommunications
Regulatory Authority of Zimbabwe (Potraz) allowed them to charge.
<http://www.bulls.co.zw/2020/07/30/usd-indexed-tariff-adjustments-a-timely-b
oost-for-telecos/> Read more >

Civil servants struggle to use US$75 allowances

CIVIL servants are facing challenges utilising US$75 deposited into their
accounts by Government as a flat non-taxable Covid-19 monthly allowance.
Chronicle understands that those who received their allowances have been.
<http://www.bulls.co.zw/2020/07/30/civil-servants-struggle-to-use-us75-allow
ances/> Read more >

Chitungwiza seeks to levy business tariffs in forex

Chitungwiza Municipality is seeking Government approval to levy business
rates in US dollars, although residents pointed out that all business
dealings and salaries in the town were in local currency..
<http://www.bulls.co.zw/2020/07/30/chitungwiza-seeks-to-levy-business-tariff
s-in-forex/> Read more >

ZimTrade to host inaugural online market survey seminar

THE national trade development and promotion organisation, ZimTrade, will
tomorrow host its inaugural online dissemination seminar to deliver findings
of a recent market survey conducted in Mozambique. Traditionally, the
export.
<http://www.bulls.co.zw/2020/07/29/zimtrade-to-host-inaugural-online-market-
survey-seminar/> Read more >

Refurbished ZimAlloys furnace to ignite output

Gweru-based ferrochrome producer, ZimAlloys, which has been refurbishing one
of its furnaces, is expected to commission the project in the next six
months in a move that is likely to.
<http://www.bulls.co.zw/2020/07/27/refurbished-zimalloys-furnace-to-ignite-o
utput/> Read more >

INVESTORS DIARY 2020

Company

Event

Venue

Date & Time

ZBFH

AGM

Board Room, 21 Natal Road, Avondale

30 July 2020 | 10:30am

OK Zimbabwe

AGM

Virtual

30 July 2020 | 3pm

ZHL

AGM

virtual

31 July 2020 |

Delta

AGM

Virtual, Head Office, Northridge Close, Borrowdale

31 July 2020 | 12:30pm

FCB

AGM

virtual

06  August 2020 | 3pm

Zimbabwe

National Heroes Day

Zimbabwe

10  August 2020

Zimbabwe

Defence Forces' Day

Zimbabwe

11  August 2020

Old Mutual Zimbabwe

AGM

Virtual

12  August 2020 | 3pm

CBZ

AGM

Virtual

14  August 2020 | 6pm

Lafarge

AGM

virtual

18  August 2020 | 12pm

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 

Telephone:      <tel:%2B263%204%202927658> +263 4 2927658

Cellphone:      <tel:%2B263%2077%20344%201674> +263 77 344 1674

Alt. Email:       <mailto:info at bulls.co.zw> info at bulls.co.zw  

Website:
<http://www.google.com/url?q=http%3A%2F%2Fwww.bulls.co.zw&sa=D&sntz=1&usg=AF
QjCNH8LYgdY55h-XKseuM8Kpr-JKdfhQ> www.bulls.co.zw 

Blog:
<http://www.google.com/url?q=http%3A%2F%2Fwww.bulls.co.zw%2Fblog&sa=D&sntz=1
&usg=AFQjCNFoIy6F9IXAiYnSoPSgWDYsr8Sqtw> www.bulls.co.zw/blog

Twitter:         @bullsbears2010

LinkedIn:       Bulls n Bears Zimbabwe

Facebook:
<http://www.google.com/url?q=http%3A%2F%2Fwww.facebook.com%2FBullsBearsZimba
bwe&sa=D&sntz=1&usg=AFQjCNGhb_A5rp4biV1dGHbgiAhUxQqBXA>
www.facebook.com/BullsBearsZimbabwe

Skype:         Bulls.Bears 

-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20200730/444c5ac7/attachment-0001.html>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image001.jpg
Type: image/jpeg
Size: 28866 bytes
Desc: not available
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20200730/444c5ac7/attachment-0004.jpg>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image002.jpg
Type: image/jpeg
Size: 30132 bytes
Desc: not available
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20200730/444c5ac7/attachment-0005.jpg>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image003.jpg
Type: image/jpeg
Size: 30139 bytes
Desc: not available
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20200730/444c5ac7/attachment-0006.jpg>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image004.jpg
Type: image/jpeg
Size: 4846 bytes
Desc: not available
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20200730/444c5ac7/attachment-0007.jpg>