Bulls n Bears Investors Notebook Issue 580: 23 September 2020

Wed Sep 23 07:34:48 CAT 2020

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Bulls n Bears Investors Notebook Issue 580: 23 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

Buyer snaps 74 pc of ZSE listed Bindura

The Zimbabwe Stock Exchange continued to lose ground on Thursday as foreign
investors as well as those looking to boost their liquidity positions
continue to sell off the market. According .
<https://bullszimbabwe.com/buyer-snaps-74-pc-of-zse-listed-bindura/> Read
more >

Foreign Currency constitutes bulk of broad money

By value foreign currency now constitutes the bulk of the broad money in the
country's banking sector, latest statistics from the Reserve Bank of
Zimbabwe show. According to the central .
<https://bullszimbabwe.com/foreign-currency-constitutes-bulk-of-broad-money/
> Read more >

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

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

Zimbabwe, Zambia reaffirm commitment to Batoka project

THE Council of Ministers of the Zambezi River Authority, the supreme
bilateral body for the management of the Zambezi River and ancillary
infrastructure, has expressed satisfaction with the progress on .
<https://bullszimbabwe.com/zimbabwe-zambia-reaffirm-commitment-to-batoka-pro
ject/> Read more >

Piggery project changes lives

At least 42 families in Bindura have benefited from a piggery project
sponsored by South Korea and managed by the Pig Industry Board of Zimbabwe,
to improve the quality of .
<https://bullszimbabwe.com/piggery-project-changes-lives/> Read more >

Hwange tourism players form conservation association

PLAYERS in the tourism sector around Hwange National Park have formed an
association aimed at promoting sustainable conservation and marketing
"Destination Zimbabwe". The Association for Tourism Hwange (ATH) brings on .
<https://bullszimbabwe.com/hwange-tourism-players-form-conservation-associat
ion/> Read more >

 <mailto:info at bulls.co.zw> 

Switch to solar power for continued production: DPA

DISTRIBUTED Power Africa (DPA), a part of the Econet group of companies, has
unveiled its latest solar project in Durban, South Africa, for Massmart's
Makro business, as the renewable energy .
<https://bullszimbabwe.com/switch-to-solar-power-for-continued-production-dp
a/> Read more >

Mashonaland East targets 20 000ha irrigated tobacco

Farmers in Mashonaland East have started transplanting irrigated tobacco,
with the province targeting 20 000 hectares. This was said by provincial
Agricultural Extension Services officer Mr Leonard Munamati. Farmers, he .
<https://bullszimbabwe.com/mashonaland-east-targets-20-000ha-irrigated-tobac
co/> Read more >

SEZs a vehicle to drive devolution

Special economic zones, which the New Dispensation is establishing in
various parts of the country, are a clear intention to attract investment to
help develop the economy. These specially reserved .
<https://bullszimbabwe.com/sezs-a-vehicle-to-drive-devolution/> Read more >

Farmers go a gear up as seed uptake increases

The uptake of inputs, particularly seed, has increased as preparations for
the forthcoming summer cropping season intensify. Beneficiaries of
Government input schemes and the banks' sponsored Command Agriculture have
begun .
<https://bullszimbabwe.com/farmers-go-a-gear-up-as-seed-uptake-increases/>
Read more >

 <mailto:info at bulls.co.zw> 

Housing co-ops to be de-registered in clean-up

Government is moving in to de-register all housing cooperatives to avoid
further duping of home-seekers by greedy land barons invading and parcelling
out State land across the country, an official .
<https://bullszimbabwe.com/housing-co-ops-to-be-de-registered-in-clean-up/>
Read more >

Forex auction allotments top US$30m

Foreign currency allotments leapt almost 50 percent in yesterday's auction
to more than US$31,6 million, smashing spectacularly a record set just a
week ago, and with around two thirds of .
<https://bullszimbabwe.com/forex-auction-allotments-top-us30m/> Read more >

US$1m boost for local number plates

Zimbabwe will soon be making its own number plates that follow international
standards and common Sadc guidelines and will cost motorists just over
US$45, significantly less than the US$80 that .
<https://bullszimbabwe.com/us1m-boost-for-local-number-plates/> Read more >

Firm gold price rescues RioZim

Listed miner, RioZim Limited, says gold production volumes plunged 39
percent in the interim to June 2020 largely weighed down by power outages,
frequent mill breakdowns, low grade ore and .
<https://bullszimbabwe.com/firm-gold-price-rescues-riozim/> Read more >

Mabhudhu reappointed ZCDC boss

Vastly experienced metallurgist, Mr Mark Mabhudhu, has been re-appointed
Zimbabwe Consolidated Diamond Company (ZCDC) chief executive officer. Mr
Mabhudhu returns to the role he left in 2016 under unclear circumstances, .
<https://bullszimbabwe.com/mabhudhu-reappointed-zcdc-boss/> Read more >

INVESTORS DIARY 2020

Company

Event

Venue

Date & Time

Star Africa

AGM

Virtual 

24/09/2020 | 11:00 am

RioZim

AGM

Virtual 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 

30/09/2020 | 10:00 am

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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