Bulls n Bears Investors Notebook : 02 December 2021

Thu Dec 2 08:09:14 CAT 2021

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Bulls n Bears Investors Notebook : 02 December 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

$3bn budget too little: Mines ministry

THE Mines ministry has said its 2022 budget allocation of $3 billion was too
little for the ministry to make any meaningful contribution to the economy.
Finance minister Mthuli Ncube . <https://bullszimbabwe.com/> Read more >

Zimdollar falls by 69%

Zimbabwe's local currency has fallen by nearly 70% since the beginning of
the year on the parallel market, compared to about 30% on the official
market, data from a leading . <https://bullszimbabwe.com/> Read more >

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

Wheat harvest hits 330 000t

The wheat harvest has surpassed the 300 000 tonnes mark as over 96 percent
of the crop has been reaped. Agritex director, Mr Stancilae Tapererwa, said
harvesting of the winter . <https://bullszimbabwe.com/> Read more >

Border modernisation to improve efficiency

The efficiency challenges that had become a perennial headache at the
Beitbridge Border Post are gradually being addressed through the ongoing
US$300 million modernisation works carried out by the Second .
<https://bullszimbabwe.com/> Read more >

 <mailto:info at bulls.co.zw> 

Devolution funds boost councils

The Gweru City Council and Chirumhanzu Rural District Council are working on
improving service delivery and upgrading infrastructure using equipment
acquired through devolution funds as they seek to transform the .
<https://bullszimbabwe.com/> Read more >

ED in Victoria Falls for Caledonia VFEX listing

PRESIDENT Mnangagwa will be in Victoria Falls today to officiate at an event
to mark the official listing of Caledonia Mining Corporation on the Victoria
Falls Stock Exchange (VFEX). The . <https://bullszimbabwe.com/> Read more >

Uproar as Harare seeks to raise US$50m from illegal stands

Harare City Council wants to raise at least US$50 million through the
regularisation of more than 25 000 illegally developed residential stands in
the capital, drawing the ire of some . <https://bullszimbabwe.com/> Read
more >

Businesses secure US$39,1m from forex auction

THE Reserve Bank of Zimbabwe (RBZ) has this week allotted US$39,1 million at
the forex exchange auction, reflecting a seven-percentage decrease from last
week's total of US$42 million. The auction . <https://bullszimbabwe.com/>
Read more >

Fines, user fees to be remitted to Treasury

ALL revenue that Government ministries and departments were retaining from
fines and user fees will now be remitted to Treasury starting from January 1
next year, Finance and Economic Development .  <https://bullszimbabwe.com/>
Read more >

Byo firm commits to re-industrialisation

THE availing of lines of credit to the automobile repair industry is the
sure way to facilitate retooling so the sector becomes a key enabler in
Government efforts to modernise ..  <https://bullszimbabwe.com/> Read more >

Midlands increases summer cropping hectarage target

FARMERS in the Midlands Province have increased the hectarage target for
maize as they seek to maximise on different support schemes to increase
output. This comes as the meteorological services .
<https://bullszimbabwe.com/> Read more >

EcoCash Holdings bounces back to profitability

ECOCASH Holdings Zimbabwe Limited, formerly Cassava Smartech Zimbabwe
Limited, has bounced back to profitability, reporting a ZW$938 million
profit after tax in the half-year to August 2021, in historical terms, .
<https://bullszimbabwe.com/> Read more >

GMB grain deliveries spike

A TOTAL of 1,293 million metric tonnes of grain have so far been delivered
to the Grain Marketing Board (GMB), a huge jump from last year's comparative
deliveries of 327 .  <https://bullszimbabwe.com/> Read more >

Tourism sector frets over renewed foreign travel ban

THE renewed travel ban imposed on Zimbabwe and other Southern African
countries by Western countries, together with new Covid-19 restrictions
announced by Government will have a negative bearing on the .
<https://bullszimbabwe.com/> Read more >

Ecobank Group appoints Zimbabwean for top Sadc post

PAN-African banking group, Ecobank, has appointed Zimbabwean seasoned
banker, Mr Moses Kurenjekwa, as its new Southern African Development
Community (Sadc) Cluster Head. Having been managing director of Ecobank
Zimbabwe since . <https://bullszimbabwe.com/> Read more >

INVESTORS DIARY 2021

Company

Event

Venue

Date & Time

Bindura

AGM

virtual

September 29 - (9am)

National Unity Day

December 22

Christmas Day

December 25

Boxing Day

December 26

Public Holiday in lieu of Boxing Day falling on a Sunday

December 27

REST OF AFRICA

Counters Trading Under Cautionary

ART

PPC

Zimre

Starafrica

Fidelity

Turnall

Medtech

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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