Bulls n Bears Investors Notebook Issue 571: 07 September 2020

Mon Sep 7 05:46:49 CAT 2020

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Bulls n Bears Investors Notebook Issue 571: 07 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

ZB profit jumps 375 percent

Financial services group, ZB Financial Holdings' profit for the half year to
June 30, 2020 jumped 375 percent to $1,13 billion compared to $237,8 million
recorded in the same period.
<http://www.bulls.co.zw/2020/09/07/zb-profit-jumps-375-percent/> Read more >

US$100 million gold smuggled out of Zimbabwe

ZIMBABWE is losing at least US$100 million worth of gold every month, which
is being smuggled out of the country through porous borders with Government
now in the process of.
<http://www.bulls.co.zw/2020/09/07/us100-million-gold-smuggled-out-of-zimbab
we/> Read more >

 <mailto:info at bulls.co.zw> 

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

Telecoms sector reviews tariffs to hedge inflationary pressures

THE country's telecommunication companies have reviewed voice, data and SMS
tariffs to keep up with rising production costs. The latest adjustment,
which was approved by the industry's regulator, comes after.
<http://www.bulls.co.zw/2020/09/07/telecoms-sector-reviews-tariffs-to-hedge-
inflationary-pressures/> Read more >

Hippo Valley sugar output down 11 percent

HIPPO Valley Estates recorded an eleven percent decline in sugar output to
212 000 tonnes in the full year ended March 30, 2020 due to a decline in the
volume.
<http://www.bulls.co.zw/2020/09/07/hippo-valley-sugar-output-down-11-percent
/> Read more >

NMB in US$13,8 million legacy debt

FINANCIAL services group, NMBZ Holdings Limited says its banking subsidiary,
NMB Bank is saddled with a legacy debt of US$13,8 million in credit lines
owed to various lenders as at.
<http://www.bulls.co.zw/2020/09/07/nmb-in-us138-million-legacy-debt/> Read
more >

 <mailto:info at bulls.co.zw> 

Nssa restructures, seeks to cleanse negative past

THE National Social Security Authority (Nssa) has embarked on a
restructuring programme aimed at revamping service delivery and ensuring
that the entity is more transparent in its operations. Addressing
journalists.
<http://www.bulls.co.zw/2020/09/07/nssa-restructures-seeks-to-cleanse-negati
ve-past/> Read more >

FBC generates $3,5 billion income

LISTED financial services group, FBC Holdings, is optimistic that
Government's economic policies will continue to yield price stability as
well as restore a positive business sentiment. Despite the uncertainties
brought.
<http://www.bulls.co.zw/2020/09/07/fbc-generates-35-billion-income/> Read
more >

 <mailto:info at bulls.co.zw> 

IDCZ to re-evaluate bids for WMI, Deven

The Industrial Development Corporation of Zimbabwe (IDCZ), will restart the
process of evaluating investments bids for Deven Engineering and Willowvale
Motor Industries (WMI) following the recent appointment of the new.
<http://www.bulls.co.zw/2020/09/07/idcz-to-re-evaluate-bids-for-wmi-deven/>
Read more >

Agric sector targeted in emissions cut

THE Government, in partnership with the United Nations Development Programme
(UNDP), will next week host an Agriculture Sector Greenhouse Gas Inventory
Expert Training Workshop aimed at minimising greenhouse gasses emissions.
<http://www.bulls.co.zw/2020/09/07/agric-sector-targeted-in-emissions-cut/>
Read more >

Zimra tightens screws at Beitbridge

Trucks, mainly those carrying goods known as consolidated cargo, where a
single load has multiple owners, have been piling up at Beitbridge Border
Post in the last five days after.
<http://www.bulls.co.zw/2020/09/07/zimra-tightens-screws-at-beitbridge/>
Read more >

Green mealies an easy dollar business

The concept of growing a maize crop for sale as fresh cobs on the market,
before the cobs reach the hard dough stage is referred to as green mealies
or.
<http://www.bulls.co.zw/2020/09/07/green-mealies-an-easy-dollar-business/>
Read more >

GDI seeks international standards

Platinum mining concern, Great Dyke Investments (GDI), is seeking
International Organisation for Standardisation (ISO) Certification for its
US$2 billion platinum mining investment in Mashonaland West. GDI is
developing a platinum.
<http://www.bulls.co.zw/2020/09/07/gdi-seeks-international-standards/> Read
more >

Pensions, insurance sector show resilience

Zimbabwe's pensions and insurance sector is showing resilience to the
Covid-19 crisis, with players in the sector continuing to pay out benefits
and claims during the peak phase of the.
<http://www.bulls.co.zw/2020/09/07/pensions-insurance-sector-show-resilience
/> Read more >

Zimplats delivers strong performance

Zimplats, Zimbabwe's biggest platinum group producer, delivered another
strong performance in the full year to June 30, 2020, navigating challenges
and threats to workers and operations from Covid-19 pandemic, to.
<http://www.bulls.co.zw/2020/09/07/zimplats-delivers-strong-performance/>
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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