Bulls n Bears Investors Notebook Issue 581: 24 September 2020

Thu Sep 24 07:40:24 CAT 2020

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Bulls n Bears Investors Notebook Issue 581: 24 September 2020

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

Bulls 'n Bears Investors Diary: Today's Events

Star Africa

AGM

Virtual 

24/09/2020 | 11:00 am

Quotable Quote:

Relations are all about: Winning, Losing & Sharing.
Winning Trust, Losing ego

Audit to unmask Zisco losses

THE Government would soon carry out a forensic audit at the defunct steel
giant, Ziscosteel, to quantify and ascertain the losses at the company,
acting Ziscosteel board chairperson, Engineer Martin .
<https://bullszimbabwe.com/audit-to-unmask-zisco-losses/> Read more >

Regulator throws telcos lifeline

Rising operational costs weighed down Zimbabwe's mobile telecommunications
companies, with the foreign currency requirements generally recording the
biggest jump in expenses - prompting the regulator to grant them the
green-light . <https://bullszimbabwe.com/regulator-throws-telcos-lifeline/>
Read more >

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

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

ZSE launches online trading platform

The Zimbabwe Stock Exchange (ZSE) yesterday launched a new online trading
platform that is targeted at retail or individual investors. The new
official platform, ZSE Direct, is an online trading .
<https://bullszimbabwe.com/zse-launches-online-trading-platform/> Read more
>

Commuter omnibuses given green light to operate

GOVERNMENT has given commuter omnibuses the nod to start operating but they
have to register with relevant authorities and also strictly comply with
Covid-19 health guidelines. The kombis among other .
<https://bullszimbabwe.com/commuter-omnibuses-given-green-light-to-operate/>
Read more >

Majority of small-scale miners need mechanisation support

A ROBUST framework must be put in place to scale up the mechanisation of
small-scale miners in Zimbabwe who continue to use hand tools despite
contributing 60 percent formal gold .
<https://bullszimbabwe.com/majority-of-small-scale-miners-need-mechanisation
-support/> Read more >

 <mailto:info at bulls.co.zw> 

Equatorial Guinea, Zim forge closer ties

The sound bilateral relations between Zimbabwe and Equatorial Guinea are set
to reach new heights after the leader of the oil-rich West African nation,
Teodoro Obiang Nguema Mbasogo, yesterday dispatched .
<https://bullszimbabwe.com/equatorial-guinea-zim-forge-closer-ties/> Read
more >

Low tariffs bleed Zesa

DELAYS in reviewing electricity tariffs to be cost reflective have left the
country's power utility ZESA in huge debt and threatening to bring back
power cuts that had become a .
<https://bullszimbabwe.com/low-tariffs-bleed-zesa/> Read more >

Graft costs Zim US$7bn - Speaker

Zimbabwe could have lost up to US$7 billion to corruption and other illicit
activities between 2009 and 2017, Speaker of the National Assembly Advocate
Jacob Mudenda said yesterday. Speaking at .
<https://bullszimbabwe.com/graft-costs-zim-us7bn-speaker/> Read more >

Guvamatanga pledges transparency in Budget

Government is committed to transparency and accountability in the budgeting
process and does not have anything to hide, Secretary for Finance and
Economic Development Mr George Guvamatanga has said. This .
<https://bullszimbabwe.com/guvamatanga-pledges-transparency-in-budget/> Read
more >

 <mailto:info at bulls.co.zw> 

Jubilation as Air Zim resumes flights

NATIONAL airline Air Zimbabwe yesterday made its maiden flight connecting
the country's three international airports, 179 days after it suspended
operations on March 28 due to Covid-19. There was excitement .
<https://bullszimbabwe.com/jubilation-as-air-zim-resumes-flights/> Read more
>

Global indaba touts technology as tobacco saviour

As more than 150 000 local tobacco farmers prepare for the 2020/2021
cropping season, the future of both tobacco and nicotine products is
currently being discussed at a global forum .
<https://bullszimbabwe.com/global-indaba-touts-technology-as-tobacco-saviour
/> Read more >

Firm seeks end to clams fraud

Zimbabwean tech-solutions provider, Fanset International, says it is ready
to roll out a new innovative insurance product, the Fanset Usage Based
Insurance (Fanset UBI), which will help insurers cut losses .
<https://bullszimbabwe.com/firm-seeks-end-to-clams-fraud/> Read more >

Competition Commission clears Foschini-owner's purchase of Jet Stores

The Competition Tribunal heard the Competition Commission's recommendation
for conditional approval of the sale of Jet Stores to The Foschini Group.
The Commission said it investigated competitor concerns that the .
<https://bullszimbabwe.com/competition-commission-clears-foschini-owners-pur
chase-of-jet-stores/> Read more >

Financial firm introduces outbound remittance service

FINANCIAL solutions firm, Access Finance, has introduced outbound remittance
service as part of its seamless payments product offering meant to
facilitate global transactions from Zimbabwe. The company already runs a .
<https://bullszimbabwe.com/financial-firm-introduces-outbound-remittance-ser
vice/> 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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