Bulls n Bears Investors Notebook Issue 573: 14 September 2020

Mon Sep 14 07:20:57 CAT 2020

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Bulls n Bears Investors Notebook Issue 573: 14 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

ZimCoke US$255m deal cancelled

THE deal between defunct steel giant Ziscosteel and ZimCoke, has been
cancelled with immediate effect, acting Ziscosteel board chair, Engineer
Martin Manuhwa, has said. ZimCoke was set to take over .
<https://bullszimbabwe.com/zimcoke-us255m-deal-cancelled/> Read more >

NRZ courts partners for building hotel

THE National Railways of Zimbabwe (NRZ) is courting some investors for
partnership to build a hotel in Victoria Falls as it seeks to diversify its
operations. NRZ, which has been .
<https://bullszimbabwe.com/nrz-courts-partners-for-building-hotel/> Read
more >

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

For more business & financial updates log onto www.bullszimbabwe.com
<http://www.bullszimbabwe.com>  

Govt unveils foreign currency income tax thresholds

Treasury has unveiled foreign currency denominated income tax bands that
will see the tax free threshold pegged at US$350 while the highest bracket
will be for those earning more than .
<https://bullszimbabwe.com/govt-unveils-foreign-currency-income-tax-threshol
ds/> Read more >

'Matabeleland North leads Zimbabwe Development'

President Mnangagwa has hailed Matabeleland North province for leading in
the socio-economic transformation of the country through initiatives such as
electricity generation and water projects. By 2023, Zimbabwe should be .
<https://bullszimbabwe.com/matabeleland-north-leads-zimbabwe-development/>
Read more >

Tourism re-start huge relief for local communities

THE re-start of the tourism sector and ongoing related infrastructure
investments should yield more benefits for grassroots communities who are
severely affected by the disruptive Covid-19 impact, the Zimbabwe Tourism
.Read
<https://bullszimbabwe.com/tourism-re-start-huge-relief-for-local-communitie
s/>  more >

 <mailto:info at bulls.co.zw> 

ZMF secures gold buying licence

THE Zimbabwe Miners Federation (ZMF) has secured a gold-buying licence and
will now buy the yellow metal as an agent of state owned Fidelity Printers
and Refiners. ZMF is the .
<https://bullszimbabwe.com/zmf-secures-gold-buying-licence/> Read more >

BNC invests US$5.1m into capital projects

BINDURA Nickel Corporation (BNC) sunk a total of US$5.1 million into capital
expenditure during the full year ended March 30, 2020 as it continues to
undertake various capital projects at .
<https://bullszimbabwe.com/bnc-invests-us5-1m-into-capital-projects/> Read
more >

Zim records trade deficit

Zimbabwe recorded a trade deficit of US$100 million for the 12 months to
June 2020. This is after the country's export earnings amounted to US$4.6
billion against an import bill .
<https://bullszimbabwe.com/zim-records-trade-deficit/> Read more >

ZSE rally continues

The Zimbabwe Stock Exchange (ZSE) extended gains for the 13th session as it
remained afloat in week-ending trades. All key indicators closed Friday's
session pointing northwards. The primary indicator, the .
<https://bullszimbabwe.com/zse-rally-continues/> Read more >

 <mailto:info at bulls.co.zw> 

High ranking UAE official jets in

A high ranking United Arab Emirates (UAE) official, Sheik Fayez Muhamad
Salem Sultan Al Qassimi, arrived in the country yesterday to discuss various
investment opportunities with President Mnangagwa, as the .
<https://bullszimbabwe.com/high-ranking-uae-official-jets-in/> Read more >

Farmers need to ride on good weather forecasts

The regional rainfall pattern for the 2020/21 agricultural season is
encouraging as the bulk of southern Africa is expected to receive adequate
rainfall throughout the growing season. This is an .
<https://bullszimbabwe.com/farmers-need-to-ride-on-good-weather-forecasts/>
Read more >

TelOne launches vehicle tracking system

TELONE has launched a vehicle tracking and fleet management system called
TelTrack to ensure that organisations keep track of their vehicles and to
help improve efficiencies in fleet management. The .
<https://bullszimbabwe.com/telone-launches-vehicle-tracking-system/> Read
more >

Zimra not yielding on revenue collection

Zimra will not relent on its mandate to collect revenue to fund the
Government's commitments and importers and exporters must comply with the
law and use the facilities provided to .
<https://bullszimbabwe.com/zimra-not-yielding-on-revenue-collection/> Read
more >

Local authorities sitting on devolution funds

THE GOVERNMENT is unimpressed with some local authorities sitting on
devolution funds which are supposed to fund development projects meant to
improve the people's lives. Nkayi Rural District Council (RDC) .
<https://bullszimbabwe.com/local-authorities-sitting-on-devolution-funds/>
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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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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