Bulls n Bears Investors Notebook Issue 569: 03 September 2020

Thu Sep 3 05:47:56 CAT 2020

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Bulls n Bears Investors Notebook Issue 569: 03 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

Govt seeks financial advisors to mobilise US$3,5 billion farmer compensation

GOVERNMENT will soon be on the market seeking financial advisors to assist
in finding ways to mobilise the US$3.5 billion required to compensate white
former farmers for improvements they made.
<http://www.bulls.co.zw/2020/09/03/govt-seeks-financial-advisors-to-mobilise
-us35-billion-farmer-compensation/> Read more >

SeedCo to merge units, eyes Victoria Falls Stock Exchange

SEEDCO International is seeking to merge with its local operation before
listing on the yet-to-be launched Victoria Falls Stock Exchange Limited
(VFEX). SeedCo International together with Pretoria Portland Cement and.
<http://www.bulls.co.zw/2020/09/03/seedco-to-merge-units-eyes-victoria-falls
-stock-exchange/> Read more >

 <mailto:info at bulls.co.zw> 

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

Going gets tough for illegal money changers

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 Bank of Zimbabwe.
<http://www.bulls.co.zw/2020/09/03/going-gets-tough-for-illegal-money-change
rs/> Read more >

Hefty exit packages rile NRZ workers

National Railways of Zimbabwe (NRZ) workers have expressed concern over
"hefty" exit packages reportedly being demanded by ex-general manager
Engineer Lewis Mukwada and three other directors. The other three directors.
<http://www.bulls.co.zw/2020/09/03/hefty-exit-packages-rile-nrz-workers/>
Read more >

Rebate of duty on goods donated to local authorities

Local authorities can import certain goods duty free in terms of Section 137
of the Customs and Excise (General) Regulations 2001 published in statutory
instrument 154 of 2001, which provides.
<http://www.bulls.co.zw/2020/09/03/rebate-of-duty-on-goods-donated-to-local-
authorities/> Read more >

 <mailto:info at bulls.co.zw> 

More troubles for Manyere's Ecsponent

Embattled financial services private equity group Ecsponent is facing more
troubles; this time within its Mauritian subsidiary wherein the group is
investigating the possible misappropriation of as much as R125.2.
<http://www.bulls.co.zw/2020/09/03/more-troubles-for-manyeres-ecsponent/>
Read more >

Women exporters challenged

Women Affairs, Community and SME Development Minister Sithembiso Nyoni, says
her Ministry is looking at growing at least 100 women exporters from each
province as the country pushes towards export-led.
<http://www.bulls.co.zw/2020/09/03/women-exporters-challenged/> Read more >

 <mailto:info at bulls.co.zw> 

RBZ strikes right chords as Zimdollar stabilises

The introduction of a transparent price discovery mechanism by way of the
Dutch foreign exchange auction trading system on 23 June, 2020, was met with
mixed views from all economic.
<http://www.bulls.co.zw/2020/09/03/rbz-strikes-right-chords-as-zimdollar-sta
bilises/> Read more >

Gold producer to construct 300 houses

Gold mining concern, Dallaglio Investments (Pvt) Limited, has announced
plans to build over 300 houses in Mashonaland West Province near the group's
Pickstone Peerless Gold Mine in Chegutu area. The.
<http://www.bulls.co.zw/2020/09/03/gold-producer-to-construct-300-houses/>
Read more >

DCK Bakeries continues meteoric rise

DCK Bakeries has opened five more branches in major towns as the wholly
locally-owned emerging firm expands its footprint in the industry currently
dominated by a few bigger players. Although.
<http://www.bulls.co.zw/2020/09/03/dck-bakeries-continues-meteoric-rise/>
Read more >

Cotton inputs distribution in full swing

The distribution of cotton inputs under the Presidential Free Inputs Scheme
has started in most parts of the country in a move expected to provide
farmers enough time to prepare.
<http://www.bulls.co.zw/2020/09/03/cotton-inputs-distribution-in-full-swing/
> Read more >

Russia-Zimbabwe platinum JV to secure US$500mln funding by year-end

RUSSIAN-ZIMBABWEAN platinum venture Great Dyke Investments (GDI) expects to
raise up to $500 million in funding its needs for the first phase of its
mining project by the end of.
<http://www.bulls.co.zw/2020/09/03/russia-zimbabwe-platinum-jv-to-secure-us5
00mln-funding-by-year-end/> Read more >

Gvt re-opens tourism sector, airports

THE Government on Tuesday gave the tourism sector the green light to re-open
after a five month closure owing to the outbreak of the Covid-19 pandemic.
Information, Publicity and Broadcasting.
<http://www.bulls.co.zw/2020/09/03/gvt-re-opens-tourism-sector-airports/>
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 

Cellphone:      <tel:%2B263%2077%20344%201674> +263 77 344 1674

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QjCNH8LYgdY55h-XKseuM8Kpr-JKdfhQ> www.bulls.co.zw 

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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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