Bulls n Bears Investors Notebook Issue 473: 31 March 2020

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Tue Mar 31 05:35:16 CAT 2020


	
 

	
 


 

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Bulls n Bears Investors Notebook Issue 473: 31 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 clears ESKOM debt

The Minister of energy Advocate Fortune Chasi has announced that Zimbabwe
has cleared all the debt that it owes to South Africa's power utility ESKOM.
Said Chasi, "Hard to believe.
<http://www.bulls.co.zw/2020/03/31/zimbabwe-clears-eskom-debt/> Read more >

 


 

 

 


 

Hotel occupancy plunges

To avert a devastating hit, the government has convened crisis meetings with
operators this week. The respiratory disease has infected more than 390 000
people globally with more than 21.
<http://www.bulls.co.zw/2020/03/31/hotel-occupancy-plunges/> 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 parallel market rates nosedive

THE value of the United States dollar against the Zimbabwe dollar on the
parallel market has nosedived due to a drop in demand, economists have said.
The depreciation comes hardly.
<http://www.bulls.co.zw/2020/03/31/zimbabwe-parallel-market-rates-nosedive/>
Read more >

 


 

 

 

 


 

 

Forex shortages derail Willdale ops

The company, which says it has already poured in excess of US$200 000 into
the replacement of its mobile equipment in full-year 2019, is still trying
to figure out a.
<http://www.bulls.co.zw/2020/03/31/forex-shortages-derail-willdale-ops/>
Read more >

 

	
 


 

 

Olivine secures US$8,25m AfDB loan

OLIVINE Industries Ltd, a local unit of Wilmar International, has secured a
US$8,25 million loan from the African Development Bank (AfDB) to build two
plants in line with the company's.
<http://www.bulls.co.zw/2020/03/31/olivine-secures-us825m-afdb-loan/> Read
more >

 


 

 

 

 


 

 

	 


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

 


 

 

	 

		
Call centre industry looks beyond Covid-19

With the coronavirus pandemic negatively impacting on Zimbabwe's call centre
industry, the Contact Centre Association of Zimbabwe (CCAZ) says the
adoption of virtual call centre could save the sector. Call.
<http://www.bulls.co.zw/2020/03/31/call-centre-industry-looks-beyond-covid-1
9/> Read more >

 

	
 

 

 

	
 

New base stations boost network coverage

Despite the challenging operating environment prevailing in the country,
mobile network operators managed to improve network coverage through out the
country during the year to December 2019, through a base.
<http://www.bulls.co.zw/2020/03/31/new-base-stations-boost-network-coverage/
> Read more >

 

	
 

	 


 <mailto:info at bulls.co.zw> 

 

	
 

	
 

It's business as usual at ZSE

The Zimbabwe Stock Exchange was operating without any challenges on the
first day of lock down yesterday despite some stockbrokers and fund managers
having to work from home, chief executive.
<http://www.bulls.co.zw/2020/03/31/its-business-as-usual-at-zse/> Read more
>

 

	
 

 

 

	
 

Agric sector gets essential services status

THE agriculture sector will operate with skeletal staff during the 21-day
lockdown to ensure workers are not exposed to or spread the Covid-19
pandemic, Government has said. Lands, Agriculture, Water.
<http://www.bulls.co.zw/2020/03/31/agric-sector-gets-essential-services-stat
us/> Read more >

 

	
 

	 

	
 

	
 

	
 

	 

	
 

Govt gazettes free forex funds SIGovt gazettes free forex funds SI

Government has gazetted the amended statutory instrument allowing the wider
use of foreign currency in the country. This follows the fixing of the
official exchange rate to US$1:$25 by the.
<http://www.bulls.co.zw/2020/03/31/govt-gazettes-free-forex-funds-sigovt-gaz
ettes-free-forex-funds-si/> Read more >

 

	
 

 

 

	
 

NSSA awards pensioners bonus

The National Social Security Authority (NSSA) has awarded pensioners a
discretionary bonus equivalent to a month's pension, which will be paid
together with the April disbursements. In a statement yesterday,.
<http://www.bulls.co.zw/2020/03/31/nssa-awards-pensioners-bonus/> Read more
>

 


 

 

 

 

	
 

	
 

Mining: Extracting prospects for the common good

Although history recalls that Zimbabwe's anti-colonial struggles of the
1890s and 1970s were triggered by the land issue, it can be argued that it
was about the soil. In its.
<http://www.bulls.co.zw/2020/03/31/mining-extracting-prospects-for-the-commo
n-good/> Read more >

 

	
 

 

 

	
 

Private land developers, housing trusts: What's next

A lot has been said about housing cooperatives where members of the public
have cried foul for long. However, not much has been said about private land
developers and housing.
<http://www.bulls.co.zw/2020/03/31/private-land-developers-housing-trusts-wh
ats-next/> Read more >

 

	
 

 

 

	
 

Govt to resize Exclusive Prospecting Orders

THE Ministry of Mines and Mining Development is working on reducing the size
of land under Exclusive Prospecting Orders (EPOs) in Matabeleland South
province following an outcry from miners who.
<http://www.bulls.co.zw/2020/03/31/govt-to-resize-exclusive-prospecting-orde
rs/> 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.

 


 

 

									

 

 

 

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