Bulls n Bears Investors Notebook : 02 December 2022

Fri Dec 2 07:30:55 CAT 2022

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Bulls n Bears Investors Notebook : 02 December 2022

Bulls 'n Bears Investors Diary: Today's Events

Quotable Quote:

Relations are all about: Winning, Losing & Sharing.
Winning Trust, Losing ego

Volatile economic conditions cause for concern: EcoCash

Listed fintech group- EcoCash Holdings Limited - says the volatile economic
conditions in the country are a cause for concern and weighing on their
business. Despite positive economic projections for .
<https://bullszimbabwe.com/volatile-economic-conditions-cause-for-concern-ec
ocash/> Read more >

Innscor Africa on growth trajectory

Diversified industrial conglomerate, Innscor Africa Limited, is projected to
maintain growth in its earnings supported by capacity expansion initiatives
as well as diversity in product offering. The group recently announced .
<https://bullszimbabwe.com/innscor-africa-on-growth-trajectory/> Read more >

 <mailto:info at bulls.co.zw> 

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

Tilting focus towards alternative investments

The temptation to limit the scope of investing to only listed securities is
very high, especially for retail investors. Worse off with the almost
non-existent local fixed-income market due to .
<https://bullszimbabwe.com/tilting-focus-towards-alternative-investments/>
Read more >

Which way interest rates as MPC meets

The Reserve Bank of Zimbabwe (RBZ)'s Monetary Policy Committee (MPC) member,
Persistence Gwanyanya, has hinted at mellowing of interest rates ahead of
the Committee's meeting today. Through his Twitter handle .
<https://bullszimbabwe.com/which-way-interest-rates-as-mpc-meets/> Read more
>

Low disposable incomes hit Meikles

Listed hospitality and retail group, Meikles Limited, reported an inflation
adjusted net profit after tax of $2,7 billion for its half year ended
September 30, 2022 as low disposable incomes .
<https://bullszimbabwe.com/low-disposable-incomes-hit-meikles/> Read more >

Firms chase Zim dollar debt conversion to USD

Chocked by high interest rates following the central bank's record bank
policy rate hike in June this year to stymie speculative borrowing,
Zimbabwean firms are reportedly begging banks to convert .
<https://bullszimbabwe.com/firms-chase-zim-dollar-debt-conversion-to-usd/>
Read more >

'Organised crime biggest threat to our economy'

Organised crime is fast emerging as the biggest threat to our economy. It is
now more damaging than bad policy or service delivery failures. We are in
the grip of .
<https://bullszimbabwe.com/organised-crime-biggest-threat-to-our-economy/>
Read more >

 <mailto:info at bulls.co.zw> 

Diaspora remittances breach US$2bn

Zimbabwe is estimated to receive over US$2 billion in diaspora remittance
flows in 2022, making it the fifth largest receiver in Sub-Saharan Africa.
This comes as the UNCTAD's 2021 World .
<https://bullszimbabwe.com/diaspora-remittances-breach-us2bn/> Read more >

Zim pays price for sub economic power tariffs

According to the World Bank's Migration and Development Brief 37, Zimbabwe
is expected to receive just above US$2 billion in inward remittances in
2022. This will be the second highest .
<https://bullszimbabwe.com/zim-pays-price-for-sub-economic-power-tariffs/>
Read more >

Wheat farmers cry foul over price

GOVERNMENT has been accused of short-changing wheat farmers and leaving them
at the mercy of unscrupulous millers and contractors who are now purchasing
wheat below the stipulated price of US$620 .
<https://bullszimbabwe.com/wheat-farmers-cry-foul-over-price/> Read more >

Chimanikire urges young entrepreneurs to embrace opportunities from
digitalization

Econet Wireless Zimbabwe Deputy CEO Mr Roy Chimanikire has called on young
people to take advantage of the vast opportunities brought about by the new
industrial revolution (Industry 4.0) to .
<https://bullszimbabwe.com/chimanikire-urges-young-entrepreneurs-to-embrace-
opportunities-from-digitalization/> Read more >

Ncube rules out income tax relief

FINANCE minister Mthuli Ncube (pictured) says raising the income tax
threshold again after the previous one in August would have been too soon
because widening this tax relief further is .
<https://bullszimbabwe.com/ncube-rules-out-income-tax-relief/> Read more >

Chiwenga calls hotels to order over high charges

VICE-PRESIDENT Constantino Chiwenga has warned operators in the hospitality
industry against charging exorbitant rates which he said contributed to
economic instability. Officially opening the Hospitality Association of
Zimbabwe (Haz) 2022 .
<https://bullszimbabwe.com/chiwenga-calls-hotels-to-order-over-high-charges/
> Read more >

Concerns over Zimdollar depreciation

CHARTERED accountants have expressed concern over the loss of value of the
Zimbabwe dollar which is proving a challenge when putting together financial
statements. They fear this could lead to .
<https://bullszimbabwe.com/concerns-over-zimdollar-depreciation/> Read more
>

Short-term insurance upstages life insurance

SHORT-TERM insurance is now the major contributor in terms of gross premium
written (GPW) - overtaking life insurance - driven by US dollar-indexed
business as well as low confidence in .
<https://bullszimbabwe.com/short-term-insurance-upstages-life-insurance/>
Read more >

INVESTORS DIARY 2022

Company

Event

Venue

Date & Time

National Unity Day

December 22

Christmas Day

December 25

Boxing Day

December 26

REST OF AFRICA

Counters Trading Under Cautionary

CBZH

Meikles

Fidelity

TSL

FMHL

Turnall

GBH

ZBFH

GetBucks

Zeco

Lafarge

Zimre

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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