Bulls n Bears Investors Notebook Issue 582: 25 September 2020

Fri Sep 25 07:13:47 CAT 2020

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Bulls n Bears Investors Notebook Issue 582: 25 September 2020

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

Bulls ‘n Bears Investors Diary: Today’s Events

RioZim

AGM

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

25/09/2020 | 10:30 am

Quotable Quote:

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

Govt should move faster on local content: CZI

Government should move with speed and start enforcing the local content policy in order to cut down on imports, promote new jobs and support the growth of new industries, the …  <https://bullszimbabwe.com/govt-should-move-faster-on-local-content-czi/> Read more »

Zim enjoys limited benefits from mining sector

Downstream linkages between the mining sector and the rest of the Zimbabwean economic sectors, are weak and this deprives the country of a much needed catalyst for development and diversification …  <https://bullszimbabwe.com/zim-enjoys-limited-benefits-from-mining-sector/> Read more »

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

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

Missing out on the gold rally

This week, one of the country’s primary gold producers, RioZim, released its results for the half year to June 30, 2020. The ZSE listed entity said it had recorded low …  <https://bullszimbabwe.com/missing-out-on-the-gold-rally/> Read more »

ZAMCO to repay $1,1bn bank bailout

The Zimbabwe Asset Management Company (ZAMCO), says plans are afoot to repay by the end of this year, the $1,1 billion received from Treasury for the acquisition of non-performing loans …  <https://bullszimbabwe.com/zamco-to-repay-11bn-bank-bailout/> Read more »

The exchange rate strengthens again

Following Tuesday’s foreign currency auction, the Zimbabwe dollar was stronger for the fourth consecutive week against the greenback. A record US$31 million was also allotted with the bulk going toward …  <https://bullszimbabwe.com/the-exchange-rate-strengthens-again/> Read more »

 <mailto:info at bulls.co.zw> 

ZSE targets individual investors

In a tweet this week, Zimbabwe Stock Exchange chief executive Justin Bgoni wrote: “The need for ordinary Zimbabweans to participate on ZSE remains a big concern. With daily trades around … <https://bullszimbabwe.com/zse-targets-individual-investors/> Read more »

Low income earners bear the brunt of price increases

Low income earners have been hit the most by prices increases than their high income counterparts, an analysis of the Poverty Datum Line and the Consumer Price Index shows. For … <https://bullszimbabwe.com/low-income-earners-bear-the-brunt-of-price-increases/> Read more »

Women urged to take bank loans

WOMEN from Matabeleland should be keen to take loans and invest in their small-scale businesses as means to end socio-economic challenges in the region which include gender based violence, child …  <https://bullszimbabwe.com/women-urged-to-take-bank-loans/> Read more »

ZSE puts ﬁnal touches to operationalise VFEX

ZIMBABWE Stock Exchange (ZSE) officials yesterday met Victoria Falls Municipality management and other stakeholders in the resort town to finalise steps towards the operationalisation of the much awaited Victoria Falls …  <https://bullszimbabwe.com/zse-puts-%ef%ac%81nal-touches-to-operationalise-vfex/> Read more »

 <mailto:info at bulls.co.zw> 

ZETDC moves to realign tariffs

Prepaid electricity charges rose 50 percent on Wednesday, raising the monthly bill for most families, who buy the basic subsidised 200 units by almost $100 from $198 to $297. In …  <https://bullszimbabwe.com/zetdc-moves-to-realign-tariffs/> Read more »

Watchdog blacklists 79 estate agents

THE Estate Agents Council (EAC) has blacklisted 79 estate agents dotted across the country for operating illegally. Among other requirements, estate agents are required to register with the EAC prior … <https://bullszimbabwe.com/watchdog-blacklists-79-estate-agents/> Read more »

ZimChem seeks US$3m injection to increase production

REDCLIFF-based chemical manufacturing company, ZimChem Refineries (Pvt) Limited, says it requires US$3 million for the upgrade of its refinery plant and purchase of raw material to increase production. The wholly-owned … <https://bullszimbabwe.com/zimchem-seeks-us3m-injection-to-increase-production/> Read more »

Zimplow eyes transport, logistics businesses

ZimPLOW, a manufacturer and distributor of agricultural, mining and construction equipment, has announced plans to acquire businesses that will see the Zimbabwe Stock Exchange listed company diversify into the transport … <https://bullszimbabwe.com/zimplow-eyes-transport-logistics-businesses/> Read more »

US$4m upgrade for Rainbow Towers

HOSPITALITY group, Rainbow Tourism Group (RTG), has spent over US$4,4 million upgrading one of its five-star hotels, Rainbow Towers, to develop it further to meet world class standards. The refurbishment … <https://bullszimbabwe.com/us4m-upgrade-for-rainbow-towers/> Read more »

INVESTORS DIARY 2020

Company

Event

Venue

Date & Time

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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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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