Bulls n Bears Investors Notebook Issue 568: 02 September 2020

Wed Sep 2 05:18:55 CAT 2020

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Bulls n Bears Investors Notebook Issue 568: 02 September 2020

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

Bulls 'n Bears Investors Diary: Today's Events

Quotable Quote:

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

Vic Falls Stock Exchange granted licence

THE Victoria Falls Stock Exchange Limited (VFEX) has been issued with a
licence by the regulatory authorities to operate a securities exchange and
the bourse is finalising modalities to start.
<http://www.bulls.co.zw/2020/09/02/vic-falls-stock-exchange-granted-licence/
> Read more >

RBZ tightens liquidity grip

Reserve money continued to decline after falling by 3,3 percent to $11,4
billion in the week to August 21, 2020, as the Reserve Bank of Zimbabwe
maintains a stranglehold on.
<http://www.bulls.co.zw/2020/09/02/rbz-tightens-liquidity-grip/> Read more >

 <mailto:info at bulls.co.zw> 

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

SAZ urges women to grab AfCTA opportunities

Budding women entrepreneurs need to scale up their businesses now in order
for them to take advantage of the vast market opportunities to be presented
by the African Continental Free.
<http://www.bulls.co.zw/2020/09/02/saz-urges-women-to-grab-afcta-opportuniti
es/> Read more >

Illegal forex traders feel the heat

Money changers in the country are finding the going tough following the ban
on mobile money agent lines and the introduction of daily transaction
limits. The Reserve of Zimbabwe recently.
<http://www.bulls.co.zw/2020/09/02/illegal-forex-traders-feel-the-heat/>
Read more >

Econet explains mobile data tariffs adjustments

Econet Wireless Zimbabwe (Econet), the country's largest mobile telecom
operator, has adjusted data bundle tariffs by 60 percent after receiving the
go-ahead from the industry regulator early last month. The.
<http://www.bulls.co.zw/2020/09/02/econet-explains-mobile-data-tariffs-adjus
tments/> Read more >

 <mailto:info at bulls.co.zw> 

Minister rules out land reform reversal

Zimbabwe's Land Reform remains irreversible with Government efforts now
focused on improving agricultural productivity, Information, Publicity and
Broadcasting Services Minister Monica Mutsvangwa said last night in a
post-Cabinet media briefing..
<http://www.bulls.co.zw/2020/09/02/minister-rules-out-land-reform-reversal/>
Read more >

Zimdollar firms as stability continues to hold

The Zimbabwe dollar firmed marginally for the first time yesterday, by just
under a tenth of one percent, to $83,3209: US$1 in the 11th auction,
reinforcing the high-level of stability.
<http://www.bulls.co.zw/2020/09/02/zimdollar-firms-as-stability-continues-to
-hold/> Read more >

 <mailto:info at bulls.co.zw> 

'Depressed grid threatens post Covid-19 industry recovery'

THE Zimbabwe National Chamber of Commerce (ZNCC) says there is a need to
urgently address depressed power generation in the country to ensure
adequate supply when full scale industrial production.
<http://www.bulls.co.zw/2020/09/02/depressed-grid-threatens-post-covid-19-in
dustry-recovery/> Read more >

CABS re-opens closed branches

OLD Mutual's banking subsidiary, CABS, has re-opened its branches across the
country after their closure following a recent Covid-19 scare. The deadly
pandemic was first detected in China last December.
<http://www.bulls.co.zw/2020/09/02/cabs-re-opens-closed-branches/> Read more
>

Zim/Bots businesses seek increased synergies

ZIMBABWE and Botswana could realise increased mutual economic gains through
increased synergies between businesses in the two countries and product
diversification with a bias on exportation. This was one of.
<http://www.bulls.co.zw/2020/09/02/zim-bots-businesses-seek-increased-synerg
ies/> Read more >

Zimplats profit up 81 percent

PLATINUM giant, Zimplats, recorded a net profit of US$261 839 for the
financial year ended June 30, 2020, an 81 percent increase compared to the
same period last year. The.
<http://www.bulls.co.zw/2020/09/02/zimplats-profit-up-81-percent/> Read more
>

DDF revamps boreholes, roads

THE District Development Fund (DDF) is rehabilitating over 800 boreholes in
Mashonaland Central Province to avert a water crisis, amid indications that
395 boreholes have dried up while the water.
<http://www.bulls.co.zw/2020/09/02/ddf-revamps-boreholes-roads/> Read more >

Airports reopening to jumpstart tourism

THE Cabinet received an update on the steps that are being taken to contain
the Covid-19 pandemic from the Minister of Defence and War Veterans Affairs,
Honourable OCZ Muchinguri-Kashiri, chairperson.
<http://www.bulls.co.zw/2020/09/02/airports-reopening-to-jumpstart-tourism/>
Read more >

Tenants baffled by five-fold increase in Zimasco rentals

Ferrochrome producer Zimasco has hiked rentals for its properties in
Shurugwi more than five-fold and is threatening to evict those who do not
pay. Zimasco closed its Shurugwi plant about.
<http://www.bulls.co.zw/2020/09/02/tenants-baffled-by-five-fold-increase-in-
zimasco-rentals/> Read more >

INVESTORS DIARY 2020

Company

Event

Venue

Date & Time

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.

 Invest Wisely!

Bulls n Bears 

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Skype:         Bulls.Bears 

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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