Bulls n Bears Investors Notebook : 24 June 2021

Thu Jun 24 07:50:01 CAT 2021

 <http://www.bullszimbabwe.com> Bullszimbabwe.com
<mailto:info at bulls.co.zw?subject=View%20and%20Comments> Views & Comments
<https://bullszimbabwe.com/category/blogs/bullish-thoughts/> Bullish
Thoughts        <http://www.twitter.com/BullsBears2010> Twitter
<https://www.facebook.com/BullsBearsZimbabwe> Facebook
<http://www.linkedin.com/pub/bulls-n-bears-zimbabwe/57/577/72> LinkedIn
<https://chat.whatsapp.com/CF6wllAfScU9Wr6dXxoQnO> WhatsApp
<mailto:info at bulls.co.zw?subject=Unsubscribe> Unsubscribe

Bulls n Bears Investors Notebook : 24 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

AFC Bank raises $100mn to support agriculture

THE Agricultural Finance Corporation (AFC) has raised $100 million required
by the Agriculture Marketing Authority (AMA) to support increased
agricultural productivity through agro-bills. Recently, AMA announced that
it had received .
<https://bullszimbabwe.com/afc-bank-raises-100mn-to-support-agriculture/>
Read more >

Life assurance profit tumbles 19% in Q1

PROFIT-after-tax for life assurers decreased by 19,31% to $5,14 billion
during the first quarter of 2021 from $6,37 billion reported during same
quarter last year, the Insurance and Pensions Commission .
<https://bullszimbabwe.com/life-assurance-profit-tumbles-19-in-q1/> Read
more >

 <mailto:info at bulls.co.zw> 

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

Spirits maker Afdis volumes surge

ZIMBABWE Stock Exchange-listed wine and spirit maker African Distillers
Limited (Afdis) recorded a growth in volumes for the financial year despite
the challenging macroeconomic conditions. The company recorded an increase .
<https://bullszimbabwe.com/spirits-maker-afdis-volumes-surge/> Read more >

PPC swims against the tide

REGIONAL cement maker PPC says its Zimbabwean unit grew revenues and
earnings before interest, tax, depreciation and amortisation (EBITDA) in
functional currency despite a difficult trading environment. PPC operates a
. <https://bullszimbabwe.com/ppc-swims-against-the-tide/> Read more >

'Zim economic growth to outpace peers'

World Bank country manager Ms Mukami Kariuki, said in the report that if
sustained, the anticipated economic growth will positively impact on the
"lives and livelihoods of the people of .
<https://bullszimbabwe.com/zim-economic-growth-to-outpace-peers/> Read more
>

Kuvimba Mining House pays US$5,2 million dividend

Kuvimba Mining House (KMH) has paid an inaugural US$5.2 million dividend to
Government and other local shareholders following a positive performance
during the financial year ended 31 March 2021Government, and .
<https://bullszimbabwe.com/kuvimba-mining-house-pays-us52-million-dividend/>
Read more >

Exchange control implications on business arrangements

According to the RBZ Foreign Investment and Trade Framework (framework)
investors can invest through Zimbabwe Investment Development Agency (for
greenfield projects), the Zimbabwe Stock Exchange for listed companies or
the .
<https://bullszimbabwe.com/exchange-control-implications-on-business-arrange
ments/> Read more >

AFC Commercial Bank profit jumps 1 086pc

AFC Commercial Bank (formerly Agribank)'s untaxed profit vaulted 1086
percent to $569 million (historical terms) in the year to December 2020, on
improved revenue from electronic banking and growth in .
<https://bullszimbabwe.com/afc-commercial-bank-profit-jumps-1-086pc/> Read
more >

Winter wheat hectarage up 53 pc

A TOTAL of 61 801 hectares have so far been planted under winter wheat,
reflecting a 53 percent increase from the area planted during the same
period last year. Zimbabwe .
<https://bullszimbabwe.com/winter-wheat-hectarage-up-53-pc/> Read more >

 <mailto:info at bulls.co.zw> 

Eat n' Lick expands Mutare branch network

Fast foods outlet, Eat n' Lick, has opened a third branch in Mutare's
Central Business District, bringing the outlets to 16 as the firm moves to
expand its footprint countrywide. .
<https://bullszimbabwe.com/eat-n-lick-expands-mutare-branch-network/> Read
more >

Delta acquires Afdis controlling stake

Beverages giant, Delta Corporation, has gained a controlling stake in
African Distillers Limited (Afdis) after acquiring additional shares during
the past financial year. Afdis chairman Pearson Gowero, indicated the move .
<https://bullszimbabwe.com/delta-acquires-afdis-controlling-stake/> Read
more >

RBZ forex auction rate stabilises at $85

The average exchange rate for the Zimbabwe dollar against the US dollar was
virtually unchanged at $85,36 on Tuesday from $85,24 last week on the
Reserve Bank of Zimbabwe (RBZ)'s .
<https://bullszimbabwe.com/rbz-forex-auction-rate-stabilises-at-85/> Read
more >

Horticultural sector needs more investment

There is a strong need for Government and its partners to invest more and
capacitate farmers in the horticulture sector for them to increase their
annual contribution to the country's .
<https://bullszimbabwe.com/horticultural-sector-needs-more-investment/> Read
more >

Zim set to get adequate power supply

Ongoing thermal and renewable power projects are expected to add 150
megawatts (MW) to the national grid by the end of the year, ensuring
adequate power supply in the country. .
<https://bullszimbabwe.com/zim-set-to-get-adequate-power-supply/> 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 

Cellphone:      <tel:%2B263%2077%20344%201674> +263 77 344 1674

Alt. Email:       <mailto:info at bulls.co.zw> info at bullszimbabwe.com  

Website:
<http://www.google.com/url?q=http%3A%2F%2Fwww.bulls.co.zw&sa=D&sntz=1&usg=AF
QjCNH8LYgdY55h-XKseuM8Kpr-JKdfhQ> www.bullszimbabwe.com 

Blog:
<http://www.google.com/url?q=http%3A%2F%2Fwww.bulls.co.zw%2Fblog&sa=D&sntz=1
&usg=AFQjCNFoIy6F9IXAiYnSoPSgWDYsr8Sqtw> www.bullszimbabwe.com/blog

Twitter:         @bullsbears2010

LinkedIn:       Bulls n Bears Zimbabwe

Facebook:
<http://www.google.com/url?q=http%3A%2F%2Fwww.facebook.com%2FBullsBearsZimba
bwe&sa=D&sntz=1&usg=AFQjCNGhb_A5rp4biV1dGHbgiAhUxQqBXA>
www.facebook.com/BullsBearsZimbabwe

Skype:         Bulls.Bears 

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.

-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20210624/49aa60d4/attachment-0001.html>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image001.png
Type: image/png
Size: 34378 bytes
Desc: not available
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20210624/49aa60d4/attachment-0001.png>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image002.jpg
Type: image/jpeg
Size: 44746 bytes
Desc: not available
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20210624/49aa60d4/attachment-0002.jpg>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image003.jpg
Type: image/jpeg
Size: 107064 bytes
Desc: not available
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20210624/49aa60d4/attachment-0003.jpg>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: oledata.mso
Type: application/octet-stream
Size: 130909 bytes
Desc: not available
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20210624/49aa60d4/attachment-0001.obj>