Bulls n Bears Investors Notebook : 13 July 2021

Tue Jul 13 08:23:08 CAT 2021

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Bulls n Bears Investors Notebook : 13 July 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

Zimpost loses 80% of projected volumes

ZIMPOST says the COVID-19-induced closure of business, including educational
institutions during the first quarter of this year resulted in the loss of
80% of its projected volumes as the company's .
<https://bullszimbabwe.com/zimpost-loses-80-of-projected-volumes/> Read more
>

ZimTrade, MITC sign partnership agreement

Zimbabwe's trade development and promotion agency, ZimTrade, and the Malawi
Investment and Trade Centre (MITC) yesterday signed a memorandum of
understanding (MoU) aimed at facilitating mutually beneficial partnership in
promoting .
<https://bullszimbabwe.com/zimtrade-mitc-sign-partnership-agreement/> Read
more >

 <https://www.facebook.com/Hyundaizimbabwe/> 

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

Minerals firms slated for inadequate control mechanisms

The Zimbabwe Consolidated Diamond Company and the Minerals Marketing
Corporation of Zimbabwe have weak control mechanisms that could be
prejudicing the State of the much needed revenues from mineral resources. .
<https://bullszimbabwe.com/minerals-firms-slated-for-inadequate-control-mech
anisms/> Read more >

Farmers want surrogate contractors taken out

Government has been urged not to licence surrogate contractors for the
forthcoming tobacco season and mobilise local funding for the growth of the
crop for the benefit of farmers and .
<https://bullszimbabwe.com/farmers-want-surrogate-contractors-taken-out/>
Read more >

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

Bank unveils $120m loan facility for youths

EMPOWERBANK has unveiled a $120 million youth loan facility business
start-up kit and working capital. The bank yesterday launched the Youth
Business Starter Packs (YBSP) programme from its current capital .
<https://bullszimbabwe.com/bank-unveils-120m-loan-facility-for-youths/> Read
more >

Naming, shaming, SI 127 key for market discipline

Naming, shaming and imposing heavy penalties against entities caught abusing
funds obtained from the auction will reinforce the platform's role as the
preferred mechanism of distributing scarce forex in the .
<https://bullszimbabwe.com/naming-shaming-si-127-key-for-market-discipline/>
Read more >

High energy infrastructure cost impedes manufacturing sector growth

The Common Market for Eastern and Southern Africa (Comesa) says the high
cost of operating energy infrastructure and inability to establish bankable
projects are the major setbacks to manufacturing sector .
<https://bullszimbabwe.com/high-energy-infrastructure-cost-impedes-manufactu
ring-sector-growth/> Read more >

Govt to allow pension funds to invest offshore

THE Government is working on modalities that will allow pension funds to
invest their monies offshore, Finance and Economic Development Minister
Mthuli Ncube has said. The industry has been lobbying .
<https://bullszimbabwe.com/govt-to-allow-pension-funds-to-invest-offshore/>
Read more >

NRZ revenues hard hit by Covid-19

THE National Railways of Zimbabwe (NRZ) has in the first half of the year
lost over $1,6 billion in potential revenue from across its different
customers due to the adverse .
<https://bullszimbabwe.com/nrz-revenues-hard-hit-by-covid-19/> Read more >

Start-ups to drive climate-related innovations

A study published recently by the African Development Bank (AfDB) on the
implementation of Nationally Determined Contributions (NDCs) in Africa
recommends that development financial institutions and private investors
focus on .
<https://bullszimbabwe.com/start-ups-to-drive-climate-related-innovations/>
Read more >

Forex Auction's contribution to foreign payments up 153 percentage

The foreign currency auction system is fast becoming a major source of
foreign currency for businesses, latest figures from the Reserve Bank of
Zimbabwe (RBZ) show. The foreign currency auction .
<https://bullszimbabwe.com/forex-auctions-contribution-to-foreign-payments-u
p-153-percentage/> Read more >

Russian bus, truck maker to partner local automobile firms

Russia's automobile giant, Ural Automotive Plant (UralAZ), has expressed
interest to partner Zimbabwean firms to build a bus and truck assembling
plant in the country, Industry and Commerce Minister Dr .
<https://bullszimbabwe.com/russian-bus-truck-maker-to-partner-local-automobi
le-firms/> Read more >

Pension funds seek nod to invest offshore

GOVERNMENT is working on modalities to allow pension funds to invest
offshore, Finance and Economic Development Minister Professor Mthuli Ncube
has said. Pension funds have been lobbying for the permission .
<https://bullszimbabwe.com/> Read more >

Meikles shifts focus from tourism to retail

Meikles Limited says it will pay more attention to the performance of its
retail operations at a time the hospitality business is battling the
negative impacts of Covid-19. This comes .
<https://bullszimbabwe.com/meikles-shifts-focus-from-tourism-to-retail/>
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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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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