Bulls n Bears Investors Notebook Issue 510: 05 June 2020

Fri Jun 5 08:50:09 CAT 2020

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Bulls n Bears Investors Notebook Issue 510: 05 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

Back to factory settings as Dawn, African Sun plan merger

Zimbabwe Stock Exchange listed entities Dawn Properties Limited and African
Sun Limited, are looking at going back to their original settings where the
latter owned all the hotel properties that.
<http://www.bulls.co.zw/2020/06/05/back-to-factory-settings-as-dawn-african-
sun-plan-merger/> Read more >

Getbucks records $20m loss

GETBUCKS Microfinance Bank Limited (GMBL) posted a $20 million loss for the
six months ended December 2019 owing to net monetary losses as the bank's
assets are predominantly liquid. The.
<http://www.bulls.co.zw/2020/06/05/getbucks-records-20m-loss/> Read more >

 <mailto:info at bulls.co.zw> 

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

CTC fines Innscor $40m, reverses Profeeds deal

The Competition and Tariffs Commission (CTC) has reversed the acquisition of
Profeeds' 49 percent shareholding by Innscor and fined the conglomerate $40
million (US$1,6 million) for failing to notify the.
<http://www.bulls.co.zw/2020/06/05/ctc-fines-innscor-40m-reverses-profeeds-d
eal/> Read more >

Growing inflation pressures

As the country grapples with health related effects of the Covid-19
pandemic, the economy continues facing growing inflationary pressures which
can be linked to money supply growth and a depreciating.
<http://www.bulls.co.zw/2020/06/05/growing-inflation-pressures/> Read more >

Possibilities for cultural tourism for SMEs

Dangamvura Township in Mutare is where I spend my childhood. Back then
having a "Ndau" dialect and tone was a dangerous business. Small urchins
from the neighbourhood surrounded, sneered, poked.
<http://www.bulls.co.zw/2020/06/05/possibilities-for-cultural-tourism-for-sm
es/> Read more >

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

RBZ restricts bank account transactions

Bank customers are now limited to two internal transactions a day, that is
transactions to account holders with the same bank, as the Reserve Bank of
Zimbabwe (RBZ) steps up.
<http://www.bulls.co.zw/2020/06/05/rbz-restricts-bank-account-transactions/>
Read more >

EcoCash Launches Online Portal For Registration Of Agents & Merchants

EcoCash has launched a self-service portal which enables agents, merchants,
billers, bulk payers and payroll channel partners to submit applications
without need to physically visit Econet shops. The self-service portal.
<http://www.bulls.co.zw/2020/06/05/ecocash-launches-online-portal-for-regist
ration-of-agents-merchants/> Read more >

 <mailto:info at bulls.co.zw> 

Price of fuel increases

THE price of fuel has been marginally increased with effect from today.
Zimbabwe Energy Regulatory Authority (Zera) announced the new prices
yesterday in line with Statutory Instrument 270 of 2019..
<http://www.bulls.co.zw/2020/06/05/price-of-fuel-increases/> Read more >

Idai victims defy odds. . . exporting to Asia, Europe

CITRUS fruits and avocados from Chimanimani and Chipinge are attracting
international buyers from Europe and Asia as victims of Cyclone Idai are
working hard to restore their livelihoods, The Manica.
<http://www.bulls.co.zw/2020/06/05/idai-victims-defy-odds-exporting-to-asia-
europe/> Read more >

Zimra acts on congestion

The Zimbabwe Revenue Authority (ZIMRA) has come up with a raft of measures
including creating express lanes for critical consumables and transit cargo
to ease congestions that has been reigning.
<http://www.bulls.co.zw/2020/06/05/zimra-acts-on-congestion/> Read more >

Zupco back to full sitting capacity

Public transport dramatically improved from Wednesday as Zupco-operated
buses and kombis were allowed to increase sitting passengers to fill all
seats, but standing passengers are still not allowed. With reduced.
<http://www.bulls.co.zw/2020/06/05/zupco-back-to-full-sitting-capacity/>
Read more >

Discounted data for learners, workers

Students, teachers and lecturers will be able to access more free data
bundles for all mobile network operators and some internet access providers
through an initiative of the Postal and.
<http://www.bulls.co.zw/2020/06/05/discounted-data-for-learners-workers/>
Read more >

3 000ha Lowveld winter maize deal sealed

THE Lowveld winter maize project is on the right track after Masvingo
Development Trust (MDT) sealed a deal with sugar producer, Tongaat Hulett
Zimbabwe, to prepare 3 000 hectares targeted.
<http://www.bulls.co.zw/2020/06/05/3-000ha-lowveld-winter-maize-deal-sealed/
> Read more >

'RioZim's US$3bn coal project won't derail'

Multi-commodity miner, RioZim, is confident it will secure funding for its
multi-billion dollar coal fired power plant in Gokwe by year-end, despite
the spirited campaign by environmentalists to derail financing.
<http://www.bulls.co.zw/2020/06/05/riozims-us3bn-coal-project-wont-derail/>
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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