Bulls n Bears Investors Notebook Issue 513: 10 June 2020

Wed Jun 10 06:33:05 CAT 2020

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Bulls n Bears Investors Notebook Issue 513: 10 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 restores 30-day forex liquidation period

The Reserve Bank of Zimbabwe (RBZ) says it will restore the statutory 30-day
foreign currency liquidation period from July, a move that is expected to
help boost the operations of.
<http://www.bulls.co.zw/2020/06/10/rbz-restores-30-day-forex-liquidation-per
iod/> Read more >

New termini for Zupco buses

THE Bulawayo City Council (BCC) has identified seven bus termini which will
be used by Zupco buses and kombis as designated picking and dropping points
to decongest the central business.
<http://www.bulls.co.zw/2020/06/10/new-termini-for-zupco-buses/> Read more >

 <mailto:info at bulls.co.zw> 

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

RTG ventures into online grocery deliveries

The Rainbow Tourism Group (RTG) has activated the Gateway Stream online
grocery delivery service, which has a geographical reach in all the
country's provinces. The new feature is expected to.
<http://www.bulls.co.zw/2020/06/10/rtg-ventures-into-online-grocery-deliveri
es/> Read more >

Poverty datum line rises

Zimbabwe's poverty datum line (PDL) increased to $7 426 in April from $6 421
in March, the Zimbabwe National Statistics Agency (Zimstat), revealed on
Monday. The data shows that financial.
<http://www.bulls.co.zw/2020/06/10/poverty-datum-line-rises/> Read more >

Informal sector appeals for phased opening

OPERATORS in the informal sector have appealed to Government to consider
phased re-opening of their small businesses as their livelihoods have been
greatly affected. While the formal sector has opened.
<http://www.bulls.co.zw/2020/06/10/informal-sector-appeals-for-phased-openin
g/> Read more >

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

Drax contracts cancelled

GOVERNMENT has ordered the National Pharmaceutical Company (NatPharm) to
cancel all contracts for the supply and delivery of medicines and surgical
sundries by Drax Consulting SAGL. In a letter dated.
<http://www.bulls.co.zw/2020/06/10/drax-contracts-cancelled/> Read more >

Piko Trading guilty of tax evasion

BUSINESSMAN Genius Kadungure's company, Piko Trading, was yesterday found
guilty by a Harare magistrates on two counts of tax evasion involving nearly
$3 million . Piko Trading, which supplies gas,.
<http://www.bulls.co.zw/2020/06/10/piko-trading-guilty-of-tax-evasion/> Read
more >

 <mailto:info at bulls.co.zw> 

New cotton price set

The cotton floor producer price was set by Government at $43.94 a kilogramme
for the present marketing season. The price was announced by Information,
Publicity and Broadcasting Services Minister Monica.
<http://www.bulls.co.zw/2020/06/10/new-cotton-price-set/> Read more >

Illegal gold panning leaves Bindura dry

Mazowe River rises north of Harare and flows northeast past Bindura Town,
and thereafter forms part of the border of Zimbabwe and Mozambique on its
final journey to the Zambezi.
<http://www.bulls.co.zw/2020/06/10/illegal-gold-panning-leaves-bindura-dry/>
Read more >

Chitungwiza builds vending stalls

Chitungwiza town council is constructing proper vending sites in different
parts of the town, which will give it a much needed facelift. Cabinet
recently directed all local authorities to take.
<http://www.bulls.co.zw/2020/06/10/chitungwiza-builds-vending-stalls/> Read
more >

Employers hire buses for workers

While Zupco services are improving since passenger loads were allowed to
rise, several employers are still providing transport or hiring kombis and
buses to ensure staff get to and from.
<http://www.bulls.co.zw/2020/06/10/employers-hire-buses-for-workers/> Read
more >

Cassava Edutech launches online library service

CASSAVA Edutech has launched the Akello E-library, an online library
platform aimed at offering hundreds of school curriculum books to strengthen
Zimbabwe's education sector by providing learners and teachers with.
<http://www.bulls.co.zw/2020/06/10/cassava-edutech-launches-online-library-s
ervice/> Read more >

Illegal fuel dealers flood CBD

ILLEGAL fuel dealers have flooded Bulawayo's city centre capitalising on the
shortage of the commodity at service stations by charging in local currency.
A Chronicle news crew yesterday took to.
<http://www.bulls.co.zw/2020/06/10/illegal-fuel-dealers-flood-cbd/> Read
more >

Covid-19: Chance to formalise economy

Highly informal countries must use the coronavirus pandemic and the
subsequent lockdowns as an opportunity to accelerate the formalisation of
their economies, a research paper by management consulting firm McKinsey.
<http://www.bulls.co.zw/2020/06/08/covid-19-chance-to-formalise-economy-2/>
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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