Bulls n Bears Investors Notebook Issue 493: 08 May 2020

Fri May 8 12:35:15 CAT 2020

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Bulls n Bears Investors Notebook Issue 493: 08 May 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

Midlands targets 3000 ha winter wheat

FARMERS in the Midlands Province are facing power and water supply
challenges, which are likely to hinder prospects of a successful winter
wheat season. To improve hectarage for winter wheat,.
<http://www.bulls.co.zw/2020/05/08/midlands-targets-3000-ha-winter-wheat/>
Read more >

Vaya launches grocery delivery service

CASSAVA Smartech unit, Vaya Logistics, yesterday launched its Vaya Express
Shopper, a free personal shopping service that allows customers to identify
and pay for the groceries they want in a.
<http://www.bulls.co.zw/2020/05/08/vaya-launches-grocery-delivery-service/>
Read more >

 <mailto:info at bulls.co.zw> 

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

Classify seed as essential product to enhance regional food security

THE African Seed Trade Association and the Alliance for Commodity Trade in
Eastern and Southern Africa have recommended unrestricted movement of seed
commodities across the Common Market for Eastern and.
<http://www.bulls.co.zw/2020/05/08/classify-seed-as-essential-product-to-enh
ance-regional-food-security/> Read more >

Booking cancellations cost African Sun US$4,2m

HOSPITALITY group, African Sun Limited has lost US$4,2 million from the
cancellation of 14 512 bookings as at March this year due to the outbreak of
Covid-19 pandemic. The deadly.
<http://www.bulls.co.zw/2020/05/08/booking-cancellations-cost-african-sun-us
42m/> Read more >

Tobacco farmers worry over transport costs

Tobacco earnings have increased by 1 300 percent to US$8,3 million in the
first five days of the 2020 marketing season, compared to US$588 322
recorded in the same period.
<http://www.bulls.co.zw/2020/05/08/tobacco-farmers-worry-over-transport-cost
s/> Read more >

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

EcoCash sues RBZ over money agents

EcoCash wants the High Court to stop the Reserve Bank of Zimbabwe (RBZ) from
suspending mobile money agents from conducting financial transactions and
restore full functionality to those affected. EcoCash.
<http://www.bulls.co.zw/2020/05/08/ecocash-sues-rbz-over-money-agents/> Read
more >

Govt comes hard on State enterprises

THE Government will enforce compliance of good corporate governance by State
enterprises and parastatals to ensure they contribute meaningfully to the
economy, Vice President Constantino Chiwenga said yesterday. Government, he.
<http://www.bulls.co.zw/2020/05/08/govt-comes-hard-on-state-enterprises/>
Read more >

 <mailto:info at bulls.co.zw> 

Capital flow to Africa on the rise

A global investment catalyst firm, Africa Investors Hub, has predicted an
upsurge in foreign direct investment in Zimbabwe and Africa in general due
to the coronavirus pandemic that has ravaged.
<http://www.bulls.co.zw/2020/05/08/capital-flow-to-africa-on-the-rise/> Read
more >

Russian firm negotiates agreement extension

Russian company and global energy giant, Uranium One, has requested an
extension of the period for an exclusivity agreement it signed last year
with Zimbabwe lithium developer, Prospect Resources, which.
<http://www.bulls.co.zw/2020/05/08/russian-firm-negotiates-agreement-extensi
on/> Read more >

Covid-19 costs tourism US$1bn

The country's tourism sector could lose up to US$1,1 billion due to Covid-19
travel restrictions that have crippled the travel industry. The projection
was spelt out by Environment, Climate, Tourism.  <http://www.bulls.co.zw/>
Read more >

$1 billion government bailout brings relief to miners

SMALL scale miners say the $1 billion mining sector cushion fund from
Government will bring a huge relief to their operations as they have been
hard hit by the outbreak.
<http://www.bulls.co.zw/2020/05/08/1-billion-government-bailout-brings-relie
f-to-miners/> Read more >

Econet Introduces A Cheaper e-Learning Bundle, Schools Buy It For Students &
Teachers

Econet is nobody's friend right now after the more than tippling in the
prices of some of their internet access bundles. The MNO is hoping to warm
up to schools and learners across the country with a new bundle tailored for
the current reality of students learning from home..
<http://www.bulls.co.zw/> Read more >

Industrialists see opportunities in Covid-19   

PRODUCTION has resumed across economic sectors following the easing of
Covid-19 lockdown conditions this week with industry and commerce executives
rallying economic players to produce more for local consumption and export.
Industry leaders urged companies to increase production to enhance the
country's resilience as well as cover the gap created by Covid-19
disruptions in the supply chain locally and regionally.
<http://www.bulls.co.zw/> Read more >

Zimplats Q1 production up 31 percent   

ZIMPLATS Holdings Limited says production for the first quarter to March 31,
2020 totalled 151 620 ounces, which was 31 percent above the 115 908oz
achieved the previous quarter. The mine's six elements (6E) comprise
platinum, palladium, gold, rhodium, ruthenium and iridium. During the same
period in 2019, 6E production stood at 143 446oz. "6E metal production
increased by 31 percent from the previous quarter. During the previous
period metal production was impacted by an increase in concentrate stocks
and build-up of inventory in the furnace after a major rebuild shutdown," it
said in an update.  <http://www.bulls.co.zw/> 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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