Bulls n Bears Investors Notebook Issue 508: 03 June 2020

Wed Jun 3 07:39:41 CAT 2020

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Bulls n Bears Investors Notebook Issue 508: 03 June 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

'RBZ doesn't buy black market forex,' claims Mangudya

The Reserve Bank of Zimbabwe does not deal in parallel markets, and none of
its employees have been deployed to buy foreign currency on the streets, RBZ
Governor Dr John.
<http://www.bulls.co.zw/2020/06/03/rbz-doesnt-buy-black-market-forex-claims-
mangudya/> Read more >

Scores of Byo residents stranded as Zesa system is overwhelmed

THE Zimbabwe Electricity Transmission and Distribution Company (ZETDC) on
Monday left scores of electricity consumers stranded failing to buy prepaid
power tokens as its online system was overwhelmed by clients..
<http://www.bulls.co.zw/2020/06/03/scores-of-byo-residents-stranded-as-zesa-
system-is-overwhelmed/> Read more >

 <mailto:info at bulls.co.zw> 

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

IADI core principle 15: Reimbursing depositors

To effectively protect depositors and contribute to financial stability, the
Deposit Protection Scheme (DPS) should be able to compensate depositors in
the shortest possible time. The International Association of Deposit.
<http://www.bulls.co.zw/2020/06/03/iadi-core-principle-15-reimbursing-deposi
tors/> Read more >

Covid-19 triggers boom in fresh produce

Zimbabwe is likely to see a huge demand for some of its horticultural crops
in Europe after production there was badly affected by disruptions caused by
lockdowns as the world.
<http://www.bulls.co.zw/2020/06/03/covid-19-triggers-boom-in-fresh-produce/>
Read more >

Delta beer output declines 42 percent

Beverages giant, Delta Corporation Limited, reported a decline in beer
volumes for the year to March 31, 2020 as inflationary pressures continued
to cut on consumer spending. For the year.Recently,.
<http://www.bulls.co.zw/2020/06/03/delta-beer-output-declines-42-percent/>
Read more >

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

Telcos ring Potraz for another tariff increase

Local mobile telecommunications operators have approached the Postal and
Telecommunications Regulatory Authority of Zimbabwe (Potraz) for another
upward review of tariffs. Earlier in March Potraz approved a tariff increase
for.
<http://www.bulls.co.zw/2020/06/03/telcos-ring-potraz-for-another-tariff-inc
rease/> Read more >

President to visit Chimanimani export projects

President Mnangagwa is expected to visit Chimanimani and Chipinge this
Friday where he will tour export-related projects, as the country enhances
efforts to generate foreign exchange. This was said by.
<http://www.bulls.co.zw/2020/06/03/president-to-visit-chimanimani-export-pro
jects/> Read more >

 <mailto:info at bulls.co.zw> 

2021 tobacco season preparations begin

Preparations for the 2021 tobacco production season have began, with
irrigated farmers expected to have started sowing seedbeds yesterday. Most
irrigated tobacco farmers are contracted growers and get their inputs.
<http://www.bulls.co.zw/2020/06/03/2021-tobacco-season-preparations-begin/>
Read more >

Econet targets cut in expenditure

THE country's largest telecommunucations firm, Econet Wireless Zimbabwe,
targets to reduce operational expenditure by 20 percent and has appealed to
its suppliers to reduce their prices by the same margin..
<http://www.bulls.co.zw/2020/06/03/econet-targets-cut-in-expenditure/> Read
more >

Govt to bail out SMEs

Informal traders and small to medium enterprises affected by the lockdown
and needing help should approach the relevant ministries instead of hurling
insults at the Government on social media, Women.
<http://www.bulls.co.zw/2020/06/03/govt-to-bail-out-smes/> Read more >

Gweru council signs US$6m upgrade deal

GWERU City Council yesterday signed two contracts with two construction
companies worth about US$6 million for the construction of four smart city
markets and travel ports. The city took advantage.
<http://www.bulls.co.zw/2020/06/03/gweru-council-signs-us6m-upgrade-deal/>
Read more >

Govt sets $3 billion industry bailout modalities

GOVERNMENT is working on modalities to disburse $3,02 billion for industry,
which is part of the $18 billion Economic Recovery and Stimulus package
aimed at re-invigorating the economy. Last month,.
<http://www.bulls.co.zw/2020/06/03/govt-sets-3-billion-industry-bailout-moda
lities/> Read more >

Khami Prison farming model to be replicated countrywide

CABINET last night revealed that the farming model at Khami Prison near
Bulawayo is now being replicated at other prisons countrywide as it has
proved to be a viable source.
<http://www.bulls.co.zw/2020/06/03/khami-prison-farming-model-to-be-replicat
ed-countrywide/> Read more >

Cost of living up 22%

THE cost of living in Zimbabwe ballooned by $1 554 to $8 726 by end of last
month due to the influence of the parallel market on exchange rates,
limited. <http://www.bulls.co.zw/2020/06/03/cost-of-living-up-22/> Read more
>

INVESTORS DIARY 2020

Company

Event

Venue

Date & Time

REST OF AFRICA

Counters Trading Under Cautionary

 Bindura Nickel Corp

CBZH

Dawn

Delta

Falgold

Fidelity

MedTech

Meikles

Turnall

Unifreight

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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