Bulls n Bears Investors Notebook : 03 February 2022

Thu Feb 3 07:42:55 CAT 2022

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Bulls n Bears Investors Notebook : 03 February 2022

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Bulls 'n Bears Investors Diary: Today's Events

Quotable Quote:

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

US$4m shot in the arm for ZFC

Treasury has promised to immediately release US$4 million to Zimbabwe
Fertilizer Company (ZFC) to ease the firm's cash flow challenges, senior
officials said. ZFC, which is 50 percent owned by .
<https://bullszimbabwe.com/> Read more >

ZMX hopes for better business this year

The Zimbabwe Mercantile Exchange (ZMX), said it is bullish about the
prospects for this coming selling season as a result of active support from
farmer unions and the Ministry of . <https://bullszimbabwe.com/> Read more >

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

Olivine expands capacity with new lines

OLIVINE Industries, one of Zimbabwe's largest food producers, will
commission two new production lines in August this year as the company seeks
to expand its domestic and regional production capacity .
<https://bullszimbabwe.com/> Read more >

CZI urges RBZ to fine tune auction

The Confederation of Zimbabwe Industries (CZI) says the Reserve Bank of
Zimbabwe (RBZ) should only sell foreign currency that it has already
received to avoid creating backlogs from auctioning unrealised .
<https://bullszimbabwe.com/> Read more >

 <mailto:info at bulls.co.zw> 

Bank interest lures more deposits

Harare. - Bank deposits for both foreign and local currencies have gone up
significantly after these started attracting interest last year, a top
banking industry official said yesterday. Since July, .
<https://bullszimbabwe.com/> Read more >

Clothing factory seeks land for cotton farming

Bulawayo-based clothing manufacturer, Ticoz Clothing Company, is scouting
for land to venture into cotton farming so as to promote value-addition in
the cotton-to-clothing sector. The latest move by the company .
<https://bullszimbabwe.com/> Read more >

Zim-dollar weakens against US$ at forex auction

THE Zimbabwean dollar further weakened against the United States dollar at
the weekly forex auction system on Tuesday where it traded at Z$116,7 to the
green back. The forex auction . <https://bullszimbabwe.com/> Read more >

Mhandu leaves SeedCo on medical grounds

SeedCo Zimbabwe managing director, Edworks Mhandu, has left the firm on
medical grounds, and will be replaced by Terrence Chimanya with effect from
February 1, 2022, according to the company. . <https://bullszimbabwe.com/>
Read more >

Govt targets 26.5 pc renewable energy capacity by 2030

The Ministry and Energy and Power Development has set a national target of
an installed renewable energy capacity of 26, 5 percent by 2030 as provided
in the Renewable Energy . <https://bullszimbabwe.com/> Read more >

Skyrocketing prices, weak currency spur hunger in Zim, UN food security
warns

THE United States Agency for International Development (USAid) has warned
that Zimbabweans face hunger as prices of basic commodities keep
skyrocketing and the local currency's slide continues. USAid's food security
. <https://bullszimbabwe.com/> Read more >

Telecel denies closure rumours

TELECEL Zimbabwe yesterday denied that it was facing closure despite rumours
that it had shut down its operations after its subscribers failed to access
data services or make voice calls . <https://bullszimbabwe.com/> Read more >

SA expert among speakers at International Renewable Energy conference

SOUTH African renewable energy expert Chanda Nxumalo will be among key
speakers at the 3rd edition of the International Renewable Energy Conference
set for March 22 to 25 in Victoria . <https://bullszimbabwe.com/> Read more
>

CBZ insurance units consolidation begins

ZIMBABWE Stock Exchange-listed financial services powerhouse, CBZ Holdings
(CBZH)'s recent acquisition of a 31,2% stake in First Mutual Holdings (FMH)
could result in the two firms' insurance units merging, the .
<https://bullszimbabwe.com/> Read more >

ZSE makes key appointments

The Zimbabwe Stock Exchange Limited (ZSE) has appointed Robert Mubaiwa,
Anymore Taruvinga and Tinashe Mapara as new heads of divisions for the
Victoria Falls Stock Exchange (VFEX) and ZSE. VFEX, .
<https://bullszimbabwe.com/> Read more >

Boom times roll back after pandemic move

ONE of Zimbabwe's biggest leisure chains projected on Wednesday that a big
bounce back could be on the horizon, sweeping through the industry as early
as April, following last week's . <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.

 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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