Bulls n Bears Investors Notebook Issue 575: 16 September 2020

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Bulls n Bears Investors Notebook Issue 575: 16 September 2020


 


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


 


Solid Zimdollar gains 1,2pc

The Zimbabwe dollar gained 1,2 percent on the US dollar in yesterday's
auctions to reach $81,7076 as allotments went over US$20 million for the
first time to reach a record .
<https://bullszimbabwe.com/solid-zimdollar-gains-12pc/> Read more >


 


Zim to save US$60m in wheat imports

Zimbabwe is expected to harvest nine months' supply of wheat from the 2020
winter crop, saving the Government up to US$60 million in imports. While the
county will import to .
<https://bullszimbabwe.com/zim-to-save-us60m-in-wheat-imports/> Read more >


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


Zisco board targets subsidiaries

THE Ziscosteel board and management have come up with a short-term revival
roadmap that targets the resuscitation of the defunct steel giant's
subsidiaries. Acting board chairperson, Engineer Martin Manuhwa, revealed .
<https://bullszimbabwe.com/zisco-board-targets-subsidiaries/> Read more >


 


Ferrochrome producer gets Belgian offer

Ferrochrome producer, Niachos Investments, owned by South Africa's Portnex
has received an offer from a Belgian customer willing to pay upfront for the
commodity to enable it to restart production, .
<https://bullszimbabwe.com/ferrochrome-producer-gets-belgian-offer/> Read
more >


 


Forex Auction, Zim dollar sees another week on the up. Rate at 81.7076

The Forex Auction results for 15/09/20 are in and the Zimbabwe dollar has
yet again seen an upturn. This week the weighted median average is
ZWL$81.7076 which is a ZWL$0.9917 .
<https://bullszimbabwe.com/forex-auction-zim-dollar-sees-another-week-on-the
-up-rate-at-81-7076/> Read more >


 


Domestic tourism low hanging fruit for sector recovering from Covid-19

With the gazetting of Statutory Instrument 216 of 2020 in respect of
resumption of the aviation and tourism sectors, there is need to ramp up the
drive to boost domestic .
<https://bullszimbabwe.com/domestic-tourism-low-hanging-fruit-for-sector-rec
overing-from-covid-19/> Read more >


 


 <mailto:info at bulls.co.zw> 


 


Agro-Ecological Zones revised

CABINET yesterday adopted revised Zimbabwe Agro-Ecological Zones that
replace the outdated ones done between 1945 and 1960 to take into account
the change in climatic conditions in the various regions .
<https://bullszimbabwe.com/agro-ecological-zones-revised/> Read more >


 


Devolution project gains momentum

The key pillar of Zimbabwe's devolution programme is the empowerment of
provincial structures to spearhead economic and social development through
leveraging on local resources. In the last few years, Manicaland .
<https://bullszimbabwe.com/devolution-project-gains-momentum/> Read more >


 


20MW solar project for Kamativi Mine expected to reopen in 2023

GOVERNMENT has unveiled plans to construct a 20MW solar plant in Kamativi,
Matabeleland North province, with the defunct tin mine, which closed more
than 20 years ago, expected to reopen .
<https://bullszimbabwe.com/20mw-solar-project-for-kamativi-mine-expected-to-
reopen-in-2023/> Read more >


 <mailto:info at bulls.co.zw> 


 


Day-old chicks demand spikes

THE demand for day-old chicks is on the rise and the Livestock and Meat
Advisory Council (LMAC) is advocating for the importation of hatching eggs
to boost supply ahead of .
<https://bullszimbabwe.com/day-old-chicks-demand-spikes/> Read more >


 


AMA to set up fresh produce hubs

The Agriculture Marketing Authority (AMA) will open market hubs for
horticulture produce as Zimbabwe targets food self-sufficiency, in a
development expected to allow farmers access to structured and organised
markets, .  <https://bullszimbabwe.com/ama-to-set-up-fresh-produce-hubs/>
Read more >


 


Real Estate sector still looking for better days

THE Real Estate Institute of Zimbabwe (REIZ) says the sector is yet to feel
the impact of the Reserve Bank of Zimbabwe (RBZ) foreign currency auction
system as there is .
<https://bullszimbabwe.com/real-estate-sector-still-looking-for-better-days/
> Read more >


 


President ED - State had to act against EcoCash because $8.4 billion was
circulating outside the banking system

President Mnangagwa recently addressed a ZANU-PF Committee in Gweru and in
that address he spoke on the long-running feud between EcoCash and the
state. The President had some interesting things .
<https://bullszimbabwe.com/president-ed-state-had-to-act-against-ecocash-bec
ause-8-4-billion-was-circulating-outside-the-banking-system/> Read more >


 


 <mailto:info at bulls.co.zw> 


 


Inter-city bus services resume

Inter-city public transport will now resume under strict health guidelines
following the reopening of examination classes in schools and the resumption
of domestic tourism, but operators of long-distance buses need .
<https://bullszimbabwe.com/inter-city-bus-services-resume/> Read more >


 


INVESTORS DIARY 2020


 


Star Africa

AGM

Virtual 

24/09/2020 | 11:00 am


RioZim

AGM

Virtual  <https://escrowagm.com/eagmZim/Login.aspx>
https://escrowagm.com/eagmZim/Login.aspx 

25/09/2020 | 10:30 am


Hippo virtual

AGM

Virtual   

25/09/2020 | 12:00 pm


NTS

AGM

Virtual  <https://escrowagm.com/eagmZim/Login.aspx>
https://escrowagm.com/eagmZim/Login.aspx 

30/09/2020 | 10:00 am


 


COMPANIES TRADING UNDER CAUTIONARY


 


Africansun

RioZim

 

 


Turnall

Dawn

Unifreight

 


Falgold

Zimplow

Zimre

 


Fidelity

 

ZPI

 


 

 

 

 


Post your event (AGM, EGM, Analysts Briefing, etc) on the Investor Diary
free of charge and reach out to the market. 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
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whatsoever for any loss howsoever arising from any use of this report or its
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for guideline purposes only and sourced from third parties.   

 

						

 

 

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