Bulls n Bears Investors Notebook : 16 June 2021
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Wed Jun 16 06:43:46 CAT 2021
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Bulls n Bears Investors Notebook : 16 June 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
FBC buys back ShoreCap stake
FINANCIAL services group, FBC Holdings Limited says it has bought back
almost 48 million shares from USheadquartered fund, ShoreCap II Limited and
placed them under the custody of its treasury. .
<https://bullszimbabwe.com/fbc-buys-back-shorecap-stake/> Read more >
Businesses still defy official bank rate
MOST companies in both the formal and informal sector have reverted to black
market rate pricing in defiance of Statutory Instrument (SI) 127/2021
compelling businesses to use the official bank .
<https://bullszimbabwe.com/businesses-still-defy-official-bank-rate/> Read
more >
<mailto:info at bulls.co.zw>
For more business & financial updates log onto
<http://www.bullszimbabwe.com> www.bullszimbabwe.com
Rwanda-Zimbabwe Trade and Investment virtual conference on this morning
PREPARATIONS for the Rwanda-Zimbabwe Trade and Investment Conference to be
held in Kigali in July have gathered momentum with a virtual conference to
unpack business and trade opportunities in Rwanda .
<https://bullszimbabwe.com/rwanda-zimbabwe-trade-and-investment-virtual-conf
erence-on-this-morning/> Read more >
Zimbabwe food security improves significantly
THE country has this year reduced the prevalence of food insecurity by 29
percent compared to the previous year, marking a significant stride towards
achieving one of Government's goals in .
<https://bullszimbabwe.com/zimbabwe-food-security-improves-significantly/>
Read more >
Retailers applaud localised lockdowns
THE Confederation of Zimbabwe Retailers (CZR) has applauded Government for
embarking on targeted lockdowns, as they allow other areas without a high
number of cases to operate. Vice President and .
<https://bullszimbabwe.com/retailers-applaud-localised-lockdowns/> Read more
>
Alaska Mine opening: 200 jobs to be created
AT least 200 jobs are set to be created at Alaska Copper and Smelting Mine
when it resumes in October this year, after the firm got a US$12 million
capital .
<https://bullszimbabwe.com/alaska-mine-opening-200-jobs-to-be-created/> Read
more >
CDC endorsement to boost international tourist arrivals
On June 7 2021, the United States' Centre for Disease Control (CDC) released
an updated travel advisory which showed an improved travel safety rating for
Zimbabwe and other Southern African .
<https://bullszimbabwe.com/cdc-endorsement-to-boost-international-tourist-ar
rivals/> Read more >
NRZ-Turkish firm ink game-changing deal
The National Railways of Zimbabwe (NRZ) board is convinced that Turkish
construction giant, Yapi Merkez, which has agreed to invest in the
rehabilitation and modernisation of local railway infrastructure, will .
<https://bullszimbabwe.com/nrz-turkish-firm-ink-game-changing-deal/> Read
more >
RBZ to fine 18 entities over foreign currency abuse.
Eighteen entities face penalties from the Reserve Bank of Zimbabwe for
abusing foreign currency they were allocated through the foreign exchange
auction system. The entities will be punished in accordance .
<https://bullszimbabwe.com/rbz-to-fine-18-entities-over-foreign-currency-abu
se/> Read more >
<mailto:info at bulls.co.zw>
Zim supports Single African Air Transport Market
Zimbabwe is among eight countries in the Common Market for Eastern and
Southern Africa (Comesa) that have so far signed the commitment for the
establishment of a Single African Air .
<https://bullszimbabwe.com/zim-supports-single-african-air-transport-market/
> Read more >
NBS launches local remittance service
LEADING financial services provider, National Building Society (NBS), has
launched an all-inclusive local remittances product, NBS Instant Cash, which
allows banked and non-banked customers to send forex locally at the .
<https://bullszimbabwe.com/nbs-launches-local-remittance-service/> Read more
>
Zimra commences deducting mining royalties
THE Zimbabwe Revenue Authority (Zimra) has started executing its recently
added mandate of deducting mining royalties, through banking institutions,
on behalf of Treasury. The tax authority said yesterday all mining .
<https://bullszimbabwe.com/zimra-commences-deducting-mining-royalties/> Read
more >
Financial institutions to invest US$80bn in Africa
Leading global financial institutions say they are committed to investing
US$80 billion in Africa over the next five years in support of Covid-19
response and growth. These include G7 Development .
<https://bullszimbabwe.com/financial-institutions-to-invest-us80bn-in-africa
/> Read more >
Reserve Bank names companies abusing foreign exchange auction system
THE Reserve Bank of Zimbabwe has named 18 companies that have been abusing
the foreign exchange auction system. The RBZ released a statement and said
the companies that were found .
<https://bullszimbabwe.com/reserve-bank-names-companies-abusing-foreign-exch
ange-auction-system/> Read more >
INVESTORS DIARY 2021
Company
Event
Venue
Date & Time
Edgars
AGM
virtual
June 30, 8:45am
GetBucks
2019 AGM
Conference Room 1, Monomotapa Hotel, 54 Parklane
July 1, 8:30am
GetBucks
2020 AGM
Conference Room 1, Monomotapa Hotel, 54 Parklane
July 1, 10:30am
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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