Bulls n Bears Investors Notebook : 24 August 2021

Tue Aug 24 09:23:23 CAT 2021

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Bulls n Bears Investors Notebook : 24 August 2021

 <https://www.cbz.co.zw/> 

Bulls 'n Bears Investors Diary: Today's Events

Quotable Quote:

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

ZTA retires CEO Kaseke

THE Zimbabwe Tourism Authority (ZTA) has announced the retirement of its
chief executive, Dr Karikoga Kaseke, on medical grounds. A process to
appoint his replacement is already under way with .
<https://bullszimbabwe.com/zta-retires-ceo-kaseke/> Read more >

Govt extends workers vehicle rebate scheme

GOVERNMENT has agreed to extend the duty-free rebate on motor vehicle scheme
for civil servants beyond June 2021, as part of efforts to cushion public
service workers through non-monetary incentives. .
<https://bullszimbabwe.com/govt-extends-workers-vehicle-rebate-scheme/> Read
more >

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

Zim receives US$1bn IMF windfall today

Zimbabwe is set to get an injection of around US$1 billion, its allocation
of Special Drawing Rights (SDRs) from the International Monetary Fund (IMF)
today, with part of the money .
<https://bullszimbabwe.com/zim-receives-us1bn-imf-windfall-today/> Read more
>

Mine targets 400kg of gold monthly

IN two years time, Shamva Gold Mine is targeting to produce 400kg of gold
per month if it gets US$180 million from its parent company Kuvimba Mining
House for the .
<https://bullszimbabwe.com/mine-targets-400kg-of-gold-monthly/> Read more >

 <mailto:info at bulls.co.zw> 

Telone suspends data roll over

TELONE has suspended the data roll over facility over unremitting failures
by the company to host the platform. Telone management, in a statement
yesterday said the facility discontinuation will affect .
<https://bullszimbabwe.com/telone-suspends-data-roll-over/> Read more >

EcoCash reviews charges

EcoCash, Zimbabwe's largest mobile money platform, will adjust its
transactional charges by an average 10 percent next month after obtaining
the green-light from regulatory authorities. The company, which last
reviewed . <https://bullszimbabwe.com/ecocash-reviews-charges/> Read more >

African Sun completes Dawn Properties deal

HOTELIER, African Sun says it has fulfilled all the conditions precedent
relating to the acquisition of the entire issued ordinary shares of Dawn
Properties Limited. The group last year offered .
<https://bullszimbabwe.com/african-sun-completes-dawn-properties-deal/> Read
more >

'Unit trust returns positive'

THE Securities and Exchange Commission of Zimbabwe (SecZim) says unit trust
investors continue to receive positive returns as inflation continues to
fall due to stable exchange rate and increased industrial .
<https://bullszimbabwe.com/unit-trust-returns-positive/> Read more >

RBZ establishes collateral registry

THE Reserve Bank of Zimbabwe (RBZ) is working with BSystems Limited of Ghana
to operationalise the collateral registry system by year end, after the apex
bank awarded the company the .
<https://bullszimbabwe.com/rbz-establishes-collateral-registry/> Read more >

Stable economy powers Meikles

Meikles Limited's performance for the quarter to June 30, 2021 improved
significantly compared to the same period in the prior year, largely
benefitting from more stable economic conditions. The period .
<https://bullszimbabwe.com/stable-economy-powers-meikles/> Read more >

Banks push to end forex backlog

ZIMBABWE'S banking sector, under fire from authorities to help the central
bank tackle a blazing foreign currency crisis, has granted United States
dollar-indexed overdrafts to exporters to ease a huge .
<https://bullszimbabwe.com/banks-push-to-end-forex-backlog/> Read more >

Tobacco deliveries surpass projected target

A TOTAL of 205,9 million kilogrammes of tobacco worth US$574,8 million have
been delivered for auction, surpassing this year's projection of 200 million
kg by 2,95 percent, official data show. .
<https://bullszimbabwe.com/tobacco-deliveries-surpass-projected-target/>
Read more >

Old Mutual unbundles Nedbank shareholding

GIANT financial services group, Old Mutual, has announced the unbundling of
12,2 percent of its shareholding in Nedbank subject to regulatory approval.
In a trading update for the half-year ended .
<https://bullszimbabwe.com/old-mutual-unbundles-nedbank-shareholding/> Read
more >

Zim to capitalise on energy week indaba

ZIMBABWE'S energy sector potential and investment would be part of the
exhibitions at the Africa Energy Week slated for Cape Town, South Africa in
November. The country represents an exciting .
<https://bullszimbabwe.com/zim-to-capitalise-on-energy-week-indaba/> Read
more >

Chinamo to step down as SECZ boss

The Securities and Exchange Commission of Zimbabwe (SECZ) has announced
chief executive officer Tafadzwa Chinamo, will step down from his position
on January 2022. Chinamo has been at the helm .
<https://bullszimbabwe.com/chinamo-to-step-down-as-secz-boss/> Read more >

INVESTORS DIARY 2021

Company

Event

Venue

Date & Time

REST OF AFRICA

Counters Trading Under Cautionary

ART

PPC

Dairibord

Starafrica

Fidelity

Turnall

Medtech

Zimre

Nampak Zimbabwe

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.

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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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