Bulls n Bears Investors Notebook Issue 527: 30 June 2020

[Bulls n Bears]

 <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 527: 30 June 2020

 


 

 


 <mailto:info at bulls.co.zw> 

 


 

 


Bulls 'n Bears Investors Diary: Today's Events

 


Turnall

AGM

virtual

30 Jun 2020 : 0900

 


FMP

AGM

Ground Floor, First Mutual Park, 100 Borrowdale Road, Borrowdale

30 Jun 2020 : 0930

 


DZLH

AGM

virtual

30 Jun 2020 : 1000

 


Zimplow

AGM

Head Office, 36 Birmingham Road, Southerton

30 Jun 2020 : 1000

 


FML

AGM

Ground Floor, First Mutual Park, 100 Borrowdale Road, Borrowdale

30 Jun 2020 : 1130

 


MedTech

AGM

Boardroom, Stand 619, Corner Shumba / Hacha Roads, Ruwa

30 Jun 2020 : 1400

 


FBC

AGM

by way of remote voting

30 Jun 2020 : 1500

 


 

 


Quotable Quote:

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

 

Mobile money operators comply with directive

Mobile money operators have heeded the Reserve Bank of Zimbabwe (RBZ)
directive to suspend agent lines and convert merchant lines into one-way
channels, allowing payments to come in while cashing.
<http://www.bulls.co.zw/2020/06/30/mobile-money-operators-comply-with-direct
ive/> Read more >

 


 

 

 


 

EcoCash suspends agent, bulk payer lines in compliance with RBZ directive

DOMINANT mobile money service provider, EcoCash, says all of its agent and
bulk payer lines have been suspended until further notice in compliance with
the Reserve Bank of Zimbabwe (RBZ).
<http://www.bulls.co.zw/2020/06/30/ecocash-suspends-agent-bulk-payer-lines-i
n-compliance-with-rbz-directive/> Read more >

 	

 <mailto:info at bulls.co.zw> 

 


 

 


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

 

Zimbabwe's new currency system sufficiently funded: Central Bank

Zimbabwe's state-run Sunday mail reported that Zimbabwe has sufficient
foreign currency reserves to sustain the reintroduced foreign currency
auction system, citing the Central Bank Governor, John Mangudya. According
to the.
<http://www.bulls.co.zw/2020/06/30/zimbabwes-new-currency-system-sufficientl
y-funded-central-bank/> Read more >

 


 

 

 

 


 

 

Zimbabwe Stock Exchange formally suspends trading

THE Zimbabwe Stock Exchange (ZSE) said yesterday that it had suspended
trading "until further notice" in compliance with a Government directive
after the bourse was listed among platforms allegedly being.
<http://www.bulls.co.zw/2020/06/30/zimbabwe-stock-exchange-formally-suspends
-trading/> Read more >

 

	
 


 

 

Electricity tariff increase looms

The Zimbabwe Energy Regulatory Authority (ZERA) is assessing an application
for an electricity tariff increase that was recently lodged by the Zimbabwe
Electricity Transmission and Distribution Company (ZETDC). Speaking to.
<http://www.bulls.co.zw/2020/06/30/electricity-tariff-increase-looms/> Read
more >

 


 

 

 

 


 

 

	 


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

 


 

 

	 

		
RBZ injects more cash into circulation

The Reserve Bank of Zimbabwe (RBZ) says it injected approximately $64
million cash into circulation during the week ending June 19, 2020.
According to statistics released last Friday by the.
<http://www.bulls.co.zw/2020/06/30/rbz-injects-more-cash-into-circulation/>
Read more >

 

	
 

 

 

	
 

Banned kombis, taxis break lockdown rules

Some kombis and pirate taxis (mushikashika) continue to operate within
cities and towns, filling gaps despite the recent improvements in Zupco
services, and on intercity routes where traffic is largely.
<http://www.bulls.co.zw/2020/06/30/banned-kombis-taxis-break-lockdown-rules/
> Read more >

 

	
 

	 


 <mailto:info at bulls.co.zw> 

 

	
 

	
 

US$200k for Chirundu masterplan

Chirundu needs to become a properly planned town amid high value agriculture
and tourism areas, says the Chirundu Local Board, as it works on a
masterplan that will consolidate growth.
<http://www.bulls.co.zw/2020/06/30/us200k-for-chirundu-masterplan/> Read
more >

 

	
 

 

 

	
 

Seed Co International profit up 62pc

Regional seed producer, Seed Co International Limited's profit for the year
to March 31, 2020 rose 62 percent to US$6.07 million compared to US$3.77
million achieved in the prior year.
<http://www.bulls.co.zw/2020/06/30/seed-co-international-profit-up-62pc/>
Read more >

 

	
 

	 

	
 

	
 

	
 

	 

	
 

5 in court over bond notes

Five shop managers and shop assistants in Harare city centre were arrested
at the end of last week after refusing to accept bond notes, which remain
legal tender, and were.
<http://www.bulls.co.zw/2020/06/30/5-in-court-over-bond-notes/> Read more >

 

	
 

 

 

	
 

Mugano resigns from Zisco board

GOVERNMENT will in due course announce a new board chair for Zisco following
the resignation of Professor Gift Mugano who was transitional acting board
chairperson for the defunct steel manufacturer..
<http://www.bulls.co.zw/2020/06/30/mugano-resigns-from-zisco-board/> Read
more >

 


 

 

	 

	
 

	
 

PPC Zim launches new product range

PRETORIA Portland Cement (PPC) Zimbabwe has launched a new product range as
the firm seeks to address the challenges of cheap and substandard cement
imports flooding the local market. The.
<http://www.bulls.co.zw/2020/06/30/ppc-zim-launches-new-product-range/> Read
more >

 

	
 

 

 

	
 

AfDB approves Covid-19 grant for Zim and 5 Sadc states

THE board of directors of the African Development Fund has approved nearly
US$8.9 million in grant funding to bolster Covid-19 related control measures
in six Southern African Development Community (Sadc).
<http://www.bulls.co.zw/2020/06/30/afdb-approves-covid-19-grant-for-zim-and-
5-sadc-states/> Read more >

 

	
 

 

 

	
 

Zimra adapts to the new ICT-driven business model

THE Zimbabwe Revenue Authority (Zimra) has started adapting to the
information communication technology (ICT) mode of doing business to prevent
the rapid spread of the novel coronavirus (Covid-19). Zimra Commissioner.
<http://www.bulls.co.zw/2020/06/30/zimra-adapts-to-the-new-ict-driven-busine
ss-model/> Read more >

 

	
 

	
 


 

INVESTORS DIARY 2020

 


Company

Event

Venue

Date & Time

 


 

 


 

 

 

 

 


Turnall

AGM

virtual

30 Jun 2020 : 0900

 


FMP

AGM

Ground Floor, First Mutual Park, 100 Borrowdale Road, Borrowdale

30 Jun 2020 : 0930

 


DZLH

AGM

virtual

30 Jun 2020 : 1000

 


Zimplow

AGM

Head Office, 36 Birmingham Road, Southerton

30 Jun 2020 : 1000

 


FML

AGM

Ground Floor, First Mutual Park, 100 Borrowdale Road, Borrowdale

30 Jun 2020 : 1130

 


MedTech

AGM

Boardroom, Stand 619, Corner Shumba / Hacha Roads, Ruwa

30 Jun 2020 : 1400

 


FBC

AGM

by way of remote voting

30 Jun 2020 : 1500

 


Ariston

AGM

Boardroom, 306 Hillside Road, Msasa Woodlands

07 Jul 2020 : 1100

 


Dawn Properties

AGM

Ophir Room, Monomotapa Hotel, 54 Park Lane

09 Jul 2020 : 0900

 


Mash

AGM

Virtual, Boardroom, 19th Floor, ZB Life Towers, 77 Jason Moyo Avenue

09 Jul 2020 : 1200

 


 

 

 

 

 


 

 

 

 

 


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/20200630/b4f60512/attachment-0001.html>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image001.jpg
Type: image/jpeg
Size: 30151 bytes
Desc: not available
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20200630/b4f60512/attachment-0005.jpg>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image002.jpg
Type: image/jpeg
Size: 30139 bytes
Desc: not available
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20200630/b4f60512/attachment-0006.jpg>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image003.jpg
Type: image/jpeg
Size: 28847 bytes
Desc: not available
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20200630/b4f60512/attachment-0007.jpg>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image004.jpg
Type: image/jpeg
Size: 30139 bytes
Desc: not available
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20200630/b4f60512/attachment-0008.jpg>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image005.jpg
Type: image/jpeg
Size: 4846 bytes
Desc: not available
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20200630/b4f60512/attachment-0009.jpg>