Bulls n Bears Investors Notebook Issue 460: 12 March 2020

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Bulls n Bears Investors Notebook Issue 460: 12 March 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

 

Zimbabwe to switch to managed float exchange rate in latest move

(Reuters) - Zimbabwe will adopt a "managed float" exchange rate regime,
Finance Minister Mthuli Ncube said on Wednesday, abandoning strict control
of foreign exchange by the central bank in the.
<http://www.bulls.co.zw/2020/03/12/zimbabwe-to-switch-to-managed-float-excha
nge-rate-in-latest-move/> Read more >

 


 

 

 


 

ZOL Service Maintenance Still On-Going, Wibroniks Customers Facing
Disruptions

Yesterday at the launch of Liquid Telecom's promotion targeting enterprise
customers, one of the issues we brought to the attention of Liquid Telecom
Regional CEO Mr Wellington Makamure was the.
<http://www.bulls.co.zw/2020/03/12/zol-service-maintenance-still-on-going-wi
broniks-customers-facing-disruptions/> Read more >

 	



 


 

 


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

 

Govt up beneficiation drive

Government has stepped up efforts for local mineral beneficiation as it
continues to build pillars for the attainment of the US$12 billion annual
export milestone as well as boost employment.
<http://www.bulls.co.zw/2020/03/12/govt-up-beneficiation-drive-2/> Read more
>

 


 

 

 

 


 

 

Zim yet to be approached over US$11bn railway project: Minister

Government is yet to be approached by United States company, Railnet
International, which has indicated its willingness to construct a US$11
billion railway line running from Zambia's Copperbelt Province to.
<http://www.bulls.co.zw/2020/03/12/zim-yet-to-be-approached-over-us11bn-rail
way-project-minister/> Read more >

 

	
 


 

 

Banks to review deposit interest rates

Banks have agreed to review deposit interest rates upwards to encourage
savings from the banking public, but implored the need for a stable domestic
currency. While banks and the Reserve.
<http://www.bulls.co.zw/2020/03/12/banks-to-review-deposit-interest-rates/>
Read more >

 


 

 

 

 


 

 

	 


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

 


 

 

	 

		
Lafarge launches US$2,2m mortar plant

The country's leading cement manufacturing firm, Lafarge Cement Zimbabwe,
yesterday launched the construction of a US$2,2 million dry mortar mix
products plant, which is part of its US$25 million capital.
<http://www.bulls.co.zw/2020/03/12/lafarge-launches-us22m-mortar-plant/>
Read more >

 

	
 

 

 

	
 

Business bemoans licence fees hike

Confederation of Zimbabwe Retailers Association (CZR) president Denford
Mutashu has implored local authorities to review the recently increased
licence fees downwards as the steep hike will promote growth of the.
<http://www.bulls.co.zw/2020/03/12/business-bemoans-licence-fees-hike/> Read
more >

 

	
 

	 


 <mailto:info at bulls.co.zw> 

 

	
 

	
 

	 

	
 

 

 

	
 

Govt up beneficiation drive

Government has stepped up efforts for local mineral beneficiation as it
continues to build pillars for the attainment of the US$12 billion annual
export milestone as well as boost employment.
<http://www.bulls.co.zw/2020/03/12/govt-up-beneficiation-drive/> Read more >

 

	
 

	 

	
 

	
 

	
 

	 

	
 

Zim will not pull out of CITES

Zimbabwe will not pull out of the Convention on International Trade in
Endangered Species of Fauna and Flora (CITES) as this will hurt the
country's capacity to trade with other.
<http://www.bulls.co.zw/2020/03/12/zim-will-not-pull-out-of-cites/> Read
more >

 

	
 

 

 

	
 

Craft Properties breaks into Masvingo real estate sector

Exciting times abound in the real estate sector in Masvingo City after a
leading construction company, Craft Properties (PVT) Ltd, moved into the
ancient city after securing land for housing.
<http://www.bulls.co.zw/2020/03/12/craft-properties-breaks-into-masvingo-rea
l-estate-sector/> Read more >

 


 

 

 

 

	
 

	
 

Government sets up currency stabilisation task force

GOVERNMENT has set up a broadly constituted taskforce to implement a package
of policy measures meant to stabilise the exchange rate and reduce
inflation. Finance and Economic Development Minister professor.
<http://www.bulls.co.zw/2020/03/12/government-sets-up-currency-stabilisation
-task-force/> Read more >

 

	
 

 

 

	
 

Global Fund extends US$500m to Zim

THE Global Fund has extended a US$500 million grant to Zimbabwe for the next
round of funding towards fighting HIV, tuberculosis and malaria, with US$25
million expected to be channelled.
<http://www.bulls.co.zw/2020/03/12/global-fund-extends-us500m-to-zim/> Read
more >

 

	
 

 

 

	
 

Treasury in $3bn surplus

FINANCE and Economic Development Minister, Professor Mthuli Ncube, says
Treasury will maintain a cash budgeting framework despite having a $3
billion surplus, so as to minimise fiscal deficit. Fiscal indiscipline.
<http://www.bulls.co.zw/2020/03/12/treasury-in-3bn-surplus/> 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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