Bulls n Bears Investors Notebook Issue 519: 18 June 2020

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Thu Jun 18 08:47:00 CAT 2020


	
 

	
 


 

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Bulls n Bears Investors Notebook Issue 519: 18 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

 

US dollar for civil servants, pensioners

Government has announced that civil servants and pensioners will be getting
part of their earnings in United States dollars. Civil servants across the
board will be getting US$75 monthly while.
<http://www.bulls.co.zw/2020/06/18/us-dollar-for-civil-servants-pensioners/>
Read more >

 


 

 

 


 

Zimbabwe hikes govt salaries 50% as nurses picket for pay in dollars

(Reuters) - Zimbabwe raised salaries for government workers by 50% on
Wednesday, hours after nurses stopped work at a major government hospital in
the capital Harare, demanding to be paid.
<http://www.bulls.co.zw/2020/06/18/zimbabwe-hikes-govt-salaries-50-as-nurses
-picket-for-pay-in-dollars/> Read more >

 	

 <mailto:info at bulls.co.zw> 

 


 

 


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

 

Currency collapse forces RBZ to ditch forex system

THE RESERVE bank of Zimbabwe (RBZ) has announced it will resume a floated
foreign currency exchange rate system next Tuesday, which will be conducted
on weekly basis. The central bank.
<http://www.bulls.co.zw/2020/06/18/currency-collapse-forces-rbz-to-ditch-for
ex-system/> Read more >

 


 

 

 

 


 

 

RBZ Says Shops Must Display USD Prices, Introduces Forex Auction System &
Floats Zimbabwe Dollar

The Reserve Bank of Zimbabwe has announced that the fixed USD exchange rate
which is currently prevailing will end on June 23, when the country will
adopt a forex auction.
<http://www.bulls.co.zw/2020/06/18/rbz-says-shops-must-display-usd-prices-in
troduces-forex-auction-system-floats-zimbabwe-dollar/> Read more >

 

	
 


 

 

Zimbabwe abandons currency peg three months after introduction

Zimbabwe's central bank abandoned a currency peg which it had introduced in
March and said it would allow the rate to be set by an auction system. The
announcement represents.
<http://www.bulls.co.zw/2020/06/18/zimbabwe-abandons-currency-peg-three-mont
hs-after-introduction/> Read more >

 


 

 

 

 


 

 

	 


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

 


 

 

	 

		
Cotton farmers press for more forex payments

Several cotton farmers have raised concern over this year's producer price,
arguing payments, which will largely be made in RTGS dollars, the electronic
form of the Zimbabwe dollar, would kill.
<http://www.bulls.co.zw/2020/06/18/cotton-farmers-press-for-more-forex-payme
nts/> Read more >

 

	
 

 

 

	
 

Safeguarding assets and investments

Immovable properties may include the matrimonial or family home, commercial
or industrial properties. Equities can be listed or unlisted on the stock
exchange. Lack of safeguards These may result in.
<http://www.bulls.co.zw/2020/06/18/safeguarding-assets-and-investments/>
Read more >

 

	
 

	 


 <mailto:info at bulls.co.zw> 

 

	
 

	
 

Hidden treasure in trade-ins

The services sectors contribute significantly in national economies
globally. International Trade postulates that trade-in services accounts for
50 percent of the national Gross Domestic Product (GDP). United Nations
Conference on.
<http://www.bulls.co.zw/2020/06/18/hidden-treasure-in-trade-ins/> Read more
>

 

	
 

 

 

	
 

Mosi-Oa-Tunya cigar venture goes global

A newly-established company has started making cigars for export, aiming to
take on established players while developing a culture of cigar smoking at
home. Mosi-Oa-Tunya, the local name for Victoria.
<http://www.bulls.co.zw/2020/06/18/mosi-oa-tunya-cigar-venture-goes-global/>
Read more >

 

	
 

	 

	
 

	
 

	
 

	 

	
 

Macadamia output to grow 44pc

Zimbabwe's macadamia production is expected to register a 44 percent growth
this year compared to the same period in 2019 following a significant
increase in the area planted, according to.
<http://www.bulls.co.zw/2020/06/18/macadamia-output-to-grow-44pc/> Read more
>

 

	
 

 

 

	
 

'Govt ready to work with private sector'

Government is ready to work with the private sector under public-private
partnerships to achieve Vision 2030, Vice President Kembo Mohadi has said.
Addressing the media after touring Irvine's Zimbabwe in.
<http://www.bulls.co.zw/2020/06/18/govt-ready-to-work-with-private-sector/>
Read more >

 


 

 

	 

	
 

	
 

NatPharm bosses arrested, appear in court

THREE top NatPharm bosses yesterday appeared in court facing allegations of
approving DRAX International LLC to supply and deliver medicines and
surgical sundries to the Government without following procurement
procedures..
<http://www.bulls.co.zw/2020/06/18/natpharm-bosses-arrested-appear-in-court/
> Read more >

 

	
 

 

 

	
 

RBZ Reverses Own Directive On Bank Transfers After Consultations

The Reserve Bank of Zimbabwe (RBZ) has reversed its earlier directive on
bank transfers barely two weeks after ordering all banks to limit internal
transfers to a maximum of just.
<http://www.bulls.co.zw/2020/06/18/rbz-reverses-own-directive-on-bank-transf
ers-after-consultations/> Read more >

 

	
 

 

 

	
 

Zimbabweans skirt lockdown to buy vehicles online

ZIMBABWEANS have resorted to buying vehicles online mostly from car dealers
in South Africa after authorities in the two countries closed their borders
to non-essential human traffic to contain the.
<http://www.bulls.co.zw/2020/06/18/zimbabweans-skirt-lockdown-to-buy-vehicle
s-online/> 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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