Bulls n Bears Investors Notebook : 12 April 2022
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Tue Apr 12 10:30:45 CAT 2022
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Bulls n Bears Investors Notebook : 12 April 2022
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Bulls ‘n Bears Investors Diary: Today’s Events
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Diamond producers heed President’s call
THE Association of African Diamond Producers (ADPA) has vowed to rally its members to scale up investments in local processing of the gems to enhance export earnings and contribute to … <https://bullszimbabwe.com/> Read more »
US$35 million Zhovhe project on course
GOVERNMENT is finalising preliminary works towards full-scale implementation of the US$35 million Zhovhe irrigation project that is set to turn Beitbridge into a greenbelt while addressing the border town’s perennial … <https://bullszimbabwe.com/> Read more »
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For more business & financial updates log onto <http://www.bullszimbabwe.com> www.bullszimbabwe.com
RTG defies Covid-19 impact, posts 17% revenue growth
LISTED hospitality service provider, Rainbow Tourism Group (RTG), achieved a 17 percent growth in revenue to $2,8 billion for the year ended 31 December 2021, despite the ravaging impact on … <https://bullszimbabwe.com/> Read more »
ZITF bookings spillover
THIS year’s edition of the Zimbabwe International Trade Fair (ZITF) is oversubscribed with organisers still trying to find space for over 100 exhibitors who want to showcase their products, an … <https://bullszimbabwe.com/> Read more »
Hwange power station expansion inches closer to completion
The US$1,5 billion Hwange Thermal Power Station Unit 7 and 8 expansion project, whose completion is now more than 84 percent as the country inches closer to energy self-sufficiency. Unit … <https://bullszimbabwe.com/> Read more »
Dubai-based billionaire expected today
BILLIONAIRE, Mr Shaji Ul Mulk, the chairman of Mulk Holdings and Abu Dhabbi T10, is expected in the country today to explore possible sites in Harare and Victoria Falls to … <https://bullszimbabwe.com/> Read more »
Medical aid fraud: CIMAS loses $1,5m
CIMAS Medical Aid Society has been hit hard by medical aid fraud, amid reports that a local pharmacy generated 477 fraudulent claims and received millions of dollars for medication that … <https://bullszimbabwe.com/> Read more »
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Buy Zim boosts local production
The “Buy Zimbabwe” campaign has helped drive a robust private sector-led initiative resulting in increased local products and creation of jobs, Finance and Economic Development Minister Professor Mthuli Ncube has … <https://bullszimbabwe.com/> Read more »
‘Rehabilitated roads can last 20 years’
The quality of work by construction companies involved in the Emergency Road Rehabilitation Programme (ERRP) is satisfactory and the roads can last up to 20 years before requiring extensive rehabilitation, … <https://bullszimbabwe.com/> Read more »
‘Govt must replicate Command dairy’
THE Government should replicate initiatives such as Command Agriculture and Pfumvudza/Intwasa farming schemes in the dairy industry to grow national milk production, as producers are currently unable to meet demand … <https://bullszimbabwe.com/> Read more »
‘5G to make economy competitive, but risky’
The 5G network has potential to support millions of devices at ultrafast speeds and potential to transform global economies by improving accessibility, extending reach of mobile broadband, while supporting critical … <https://bullszimbabwe.com/> Read more »
IMF applauds Zim on meeting NDS1 targets
The IMF noted that necessary key reforms relate to enhancing exchange rate flexibility, tightening monetary policy, eliminating forex restrictions, mobilising additional revenues, lowering subsidies and enhancing fiscal controls, strengthening financial … <https://bullszimbabwe.com/> Read more »
Zinara disburses $5bn to 93 local authorities
THE Zimbabwe National Road Authority (Zinara) disbursed $5 billion to 93 local authorities across the country during the first quarter of the year for road maintenance works. Zinara baord chairperson … <https://bullszimbabwe.com/> Read more »
Stanbic voted best African bank
STANBIC Bank’s parent company, Standard Bank Group, has emerged as the best bank in Africa in Global Finance World’s Best Banks 2022 awards for the second year running. The bank … <https://bullszimbabwe.com/> Read more »
Cambria hints at Radar hive out
CAMBRIA Africa Plc, the London-listed investment outfit with significant interests in Zimbabwe, says it is putting its 7,83% shareholding in brick maker, Radar Holdings on sale after failing to “exercise … <https://bullszimbabwe.com/> Read more »
INVESTORS DIARY 2022
Company
Event
Venue
Date & Time
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.
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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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