Bulls n Bears Investors Notebook Issue 464: 18 March 2020
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Wed Mar 18 02:31:54 CAT 2020
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Bulls n Bears Investors Notebook Issue 464: 18 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
Zimra mulls special tax regime for SMEs
THE Zimbabwe Revenue Authority (Zimra) says is it working on harmonising its
tax regime to ensure that registered small to medium enterprises and the
informal sector contribute more to taxation..
<http://www.bulls.co.zw/2020/03/18/zimra-mulls-special-tax-regime-for-smes/>
Read more >
Covid-19 frustrates raw material imports
Zimbabwe's captains of Industry and Commerce are worried that as more
countries close their borders to counter the spread of the deadly Covid-19
(Coronavirus), the development will cripple the importation.
<http://www.bulls.co.zw/2020/03/18/covid-19-frustrates-raw-material-imports/
> Read more >
For more business & financial updates log onto <http://www.bulls.co.zw/>
www.bulls.co.zw
LSZ sues over currency conversion
The Law Society of Zimbabwe (LSZ) has taken Finance and Economic Development
Minister Professor Mthuli Ncube to court seeking an order declaring that
Presidential Powers that allowed the conversion of.
<http://www.bulls.co.zw/2020/03/18/lsz-sues-over-currency-conversion/> Read
more >
US$980m forex inflows in 2 months . . . Fails to arrest spiralling exchange
rates: RBZ
ZIMBABWE received US$980 million in foreign currency inflows between January
and February 2020 but this could not diffuse spiralling exchange rates due
to lack of an efficient model of distributing.
<http://www.bulls.co.zw/2020/03/18/us980m-forex-inflows-in-2-months-fails-to
-arrest-spiralling-exchange-rates-rbz/> Read more >
New measures to regulate amacimbi harvesting on cards
Bulilima District in the southern part of the country is taking practical
steps to control the harvesting of amacimbi (imbrassia belina), a delicacy
which is facing a high risk of.
<http://www.bulls.co.zw/2020/03/18/new-measures-to-regulate-amacimbi-harvest
ing-on-cards/> Read more >
<http://www.nedbank.co.zw/>
Irrigation rehab to benefit hundreds
Hundreds of families in Chimanimani West are set to benefit from the
rehabilitation of irrigation schemes that were damaged by Cyclone Idai last
year, as work is expected to commence.
<http://www.bulls.co.zw/2020/03/18/irrigation-rehab-to-benefit-hundreds/>
Read more >
Timber firms to lose US$800 000
Timber companies in Chimanimani could lose US$800 000 over the next three
weeks because their trucks cannot negotiate the detour when the
Skyline-Chimanimani Road is closed to finish off rehabilitation.
<http://www.bulls.co.zw/2020/03/18/timber-firms-to-lose-us800-000/> Read
more >
<mailto:info at bulls.co.zw>
Local stocks gain 12pc
Stocks on the local bourse amassed 12 percent gains week-on-week amid a
global markets crash on the back of the pandemic coronavirus (COVID-19), as
it reversed losses recorded in the.
<http://www.bulls.co.zw/2020/03/18/local-stocks-gain-12pc/> Read more >
Unemployment rate stands at 16pc - Survey
At least 84 percent of the economically active population of Zimbabwe is
employed or self-employed within the formal and informal sectors, giving an
official unemployment rate of 16 percent. According.
<http://www.bulls.co.zw/2020/03/18/unemployment-rate-stands-at-16pc-survey/>
Read more >
Nine airlines in race to lease Airzim B-777s
Nine airlines have shown interest in leasing Air Zimbabwe's two long-haul
Boeing 777-200ERs acquired from Malaysia in a deal expected to generate up
to US$400 000 a month. Ethiopian Airlines.
<http://www.bulls.co.zw/2020/03/17/nine-airlines-in-race-to-lease-airzim-b-7
77s/> Read more >
Russia cancels business indaba
Russia has cancelled an international business conference set for June in
Moscow, where a Zimbabwean delegation comprising legislators was expected to
attend, due to the coronavirus pandemic. Local businessmen ranging.
<http://www.bulls.co.zw/2020/03/17/russia-cancels-business-indaba/> Read
more >
Civil servant bus fleet doubles
Another 33 buses were yesterday handed over to the Public Service Commission
(PSC) to ferry civil servants, more than doubling its fleet, at a ceremony
attended by President Mnangagwa who.
<http://www.bulls.co.zw/2020/03/17/civil-servant-bus-fleet-doubles/> Read
more >h
2020 wheat producer price announced
GOVERNMENT has announced the 2020 pre-planting winter wheat producer price
of ZW$14 143, 73 per tonne for Grade A, with other grades fetching ZW$11
786, 44. Also, the floor price.
<http://www.bulls.co.zw/2020/03/17/2020-wheat-producer-price-announced/>
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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