Bulls n Bears Investors Notebook : 05 October 2021

Tue Oct 5 09:38:49 CAT 2021

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Bulls n Bears Investors Notebook : 05 October 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

Floods push RioZim to US$1,5bn loss

POST-TAX losses at RioZim Limited widened to $1,5 billion during the half
year ended June 30, 2021, after heavy rains triggered flash floods and
crippled operations at the firm's flagship . <https://bullszimbabwe.com/>
Read more >

SDRs war chest to bolster reserves

THE nearly US$1 billion special drawing rights (SDRs), which Zimbabwe
received from the International Monetary Fund (IMF), will bolster the
country's foreign currency reserves and capacity to respond to emergencies .
<https://bullszimbabwe.com/> Read more >

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

Rabbit industry to generate US$2,5m revenue

THE local rabbit industry is projected to generate over US$2,5 million from
domestic sales over the next five years in line with the aspirations of the
Livestock Growth Plan. The . <https://bullszimbabwe.com/> Read more >

Innscor Africa pumps US$70m into expansion

INNSCOR Africa says it has approved a US$70 million investment aimed at
expanding operations and building a new flour milling plant in Bulawayo that
it expects to commission in 2022. . <https://bullszimbabwe.com/> Read more >

 <mailto:info at bulls.co.zw> 

Economic empowerment drive spreads

Action Empowerment Zimbabwe (AEZ) interim executive members yesterday paid a
courtesy call on President Mnangagwa at State House in recognition of his
role in empowering Zimbabweans. Speaking soon after meeting .
<https://bullszimbabwe.com/> Read more >

Zim set to be major steel producer

A third major steelworks is now scheduled for Zimbabwe as the country moves
rapidly forward as a major steel producer in Africa with local firm
Steelmakers set to start building . <https://bullszimbabwe.com/> Read more >

Milling giant makes payment for new plant

LISTED milling giant, National Foods Holding Limited has made part payment
for its state-of-the-art US$5 million flour milling plant to be installed at
the company's factory in Bulawayo. The new ..  <https://bullszimbabwe.com/>
Read more >

Beitbridge Business Summit awards set for next month

THIS year's edition of the Beitbridge Business Summit and Awards will be
held at the Kingdom Light Global Church between November 12 and 13 with the
organisers saying preparations have . <https://bullszimbabwe.com/> Read more
>

Caledonia Mining Corporation quarterly dividend up by 8 percent

CALEDONIA Mining Corporation, which owns Blanket Mine, a gold operation in
Gwanda, has declared an eight percent increase in quarterly dividend of
US$0,14 on each of the company's shares in . <https://bullszimbabwe.com/>
Read more >

Remaining five provinces to have commercial airports

Plans are in the pipeline to construct commercial airports in the remaining
five national provinces to facilitate trade and to improve movement of
tourists. So far the country has eight .  <https://bullszimbabwe.com/> Read
more >

CEOs mount plan for US$3,2 trillion bloc

ZIMBABWEAN CEOs last week urged domestic industries to mount aggressive
strategies to unlock big opportunities brought by January's launch of the
African Free Trade Area (AfCFTA), a US$3,2 trillion market .
<https://bullszimbabwe.com/> Read more >

Coal miners seek upward price review

Local coal miners are seeking an upward review of the price of coal used for
power production citing high operational costs arising from the wide
disparity between the official and . <https://bullszimbabwe.com/> Read more
>

RBZ moves to clear forex auction backlog

Efforts to clear the backlog of foreign currency auction allotments are
underway, with Reserve Bank of Zimbabwe Governor Dr John Mangudya saying all
auction allotments would be paid within two . <https://bullszimbabwe.com/>
Read more >

Housing delivery: Bids invited for 10 blocks of flats

The ambitious housing programme to build 220 000 houses and flats by 2025
received a major boost last week when the Ministry of National Housing and
Social Amenities invited bids . <https://bullszimbabwe.com/> Read more >

CUT's multi-million dollar dairy parlour commissioned

UNIVERSITIES and higher education colleges must provide solutions to
national needs and come up with innovative and industrious means towards
production of goods and services in line with Vision 2030 .
<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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