Bulls n Bears Investors Notebook : 26 August 2021

Thu Aug 26 08:27:20 CAT 2021

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Bulls n Bears Investors Notebook : 26 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

Prospect initiates structured process to harness more financing

AUSTRALIA-LISTED mining group, Prospect Resources, which owns the Arcadia
Lithium near Harare, has commenced a structured process to allow interested
parties to come up with proposals to fully fund the .
<https://bullszimbabwe.com/prospect-initiates-structured-process-to-harness-
more-financing/> Read more >

RBZ forex auction increases allotments to US$51,7m

THE Reserve Bank of Zimbabwe (RBZ) has this week allotted US$51,7 million at
the foreign exchange auction, reflecting a 5,3 percent spike from last
week's total of US$49,1 million. The .
<https://bullszimbabwe.com/rbz-forex-auction-increases-allotments-to-us517m/
> Read more >

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

Exports increase by 35,5 percent

THE value of exports from Zimbabwe increased by 35,5 percent in the first
six months of the year to US$2,52 billion compared to US$1,86 billion in the
corresponding period last .
<https://bullszimbabwe.com/exports-increase-by-355-percent/> Read more >

CMED acquires electric cars

Zimbabwe is starting to embrace electric cars with the Government, through
the Central Mechanical Equipment Department (CMED) buying six electric
vehicles from a Chinese company. Some of the cars are .
<https://bullszimbabwe.com/cmed-acquires-electric-cars/> Read more >

 <mailto:info at bulls.co.zw> 

'Ample tobacco seed for 5 years'

The Tobacco Research Board has enough tobacco seed for the next five seasons
and can supply some varieties for up to 10 years, a development that is key
to Government's .
<https://bullszimbabwe.com/ample-tobacco-seed-for-5-years/> Read more >

President launches multi-million dollar cattle project today

PRESIDENT Mnangagwa will today launch a US$15 million cattle ranching
project in Mhondoro that is part of the country's efforts to boost the
national herd as part of the Livestock .
<https://bullszimbabwe.com/president-launches-multi-million-dollar-cattle-pr
oject-today/> Read more >

US$11m for low-cost housing released

Shelter Afrique, a Pan-African banking institution, has released US$11
million for the construction of low cost houses and is also funding about 10
000 houses to be distributed across the .
<https://bullszimbabwe.com/us11m-for-low-cost-housing-released/> Read more >

No to following parallel market rates- Finance Minister

Finance and Economic Development Minister Professor Mthuli Ncube has ruled
out further devaluation of the local currency against the US dollar saying
the parallel market rates were determined by a .
<https://bullszimbabwe.com/no-to-following-parallel-market-rates-finance-min
ister/> Read more >

Lupane seeks investors for mall project

MATABELELAND North provincial capital, Lupane, is still seeking for
potential investors to construct a multi-purpose shopping mall that will
assist in attracting more business and investment towards the growth of .
<https://bullszimbabwe.com/lupane-seeks-investors-for-mall-project/> Read
more >

New claim mapping system to boost mining

THE cadstre mine claim mapping system will go a long way in resolving long
standing mining title disputes and buoy Zimbabwe's mining sector
performance, Mines and Mining Development Minister Winston .
<https://bullszimbabwe.com/new-claim-mapping-system-to-boost-mining/> Read
more >

Seed Co Limited poised to grow revenue

Revenue for Seed Co Limited is expected to grow by 59 percent in the current
financial year to $7,58 billion from $4,77 billion recorded in the financial
year ending 2021. .
<https://bullszimbabwe.com/seed-co-limited-poised-to-grow-revenue/> Read
more >

MedTech still pushing restructuring

Health and hygiene products manufacturing and distribution group, MedTech
Holdings, which has traded under cautionary statements over the last 12
months, has reiterated its intention to transform into an investment .
<https://bullszimbabwe.com/medtech-still-pushing-restructuring/> Read more >

Role of tribute agreements in mining

IntroductionThis article seeks to give readers insights into mining tribute
agreements as these are quite common in the mining sector and are regulated
by the Mines and Minerals Act (Chapter .
<https://bullszimbabwe.com/role-of-tribute-agreements-in-mining/> Read more
>

IPEC reviews annual pension benefit commutation to $36k

The Insurance and Pension Commission (IPEC) has reviewed the annual pension
benefit commutation to $36 000 from $6 000 taking into account the
prevailing macro-economic environment. The commission also announced .
<https://bullszimbabwe.com/ipec-reviews-annual-pension-benefit-commutation-t
o-36k/> Read more >

Mining destroys CSC ranches

Some mining activities have left a trail of destruction at the Cold Storage
Company (CSC)'s ranch and feed lot in Darwendale where the company used to
keep at least 25 . <https://bullszimbabwe.com/mining-destroys-csc-ranches/>
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.

 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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