Bulls n Bears Investors Notebook : 16 March 2022

Wed Mar 16 09:14:49 CAT 2022

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Bulls n Bears Investors Notebook : 16 March 2022

 <http://www.firstcapitalbank.co.zw/> 

Bulls 'n Bears Investors Diary: Today's Events

Quotable Quote:

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

Capacitate SMEs, Comesa urges region

THE Common Market for Eastern and Southern Africa (Comesa) has urged the
region to capacitate micro, small and medium enterprises on how to use and
access digital financial services to .
<https://bullszimbabwe.com/capacitate-smes-comesa-urges-region/> Read more >

Govt construction projects drive PPC business

THE infrastructural development projects that Government continues to
implement are driving Pretoria Portland Cement (PPC) Zimbabwe business in
the country, the firm's managing director Mr Kelibone Masiyane, has said.
Under .
<https://bullszimbabwe.com/govt-construction-projects-drive-ppc-business/>
Read more >

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

Old Mutual profit up

South Africa-based Old Mutual reported a 41 percent rise in annual profit
yesterday, but shares in the insurer fell by more than 2 percent as it
raised provisions to cover .
<https://bullszimbabwe.com/old-mutual-profit-up/> Read more >

Miners back beneficiation push

The Chamber of Mines Zimbabwe (CoMZ) says it supports the Government's
efforts to build a conducive and sustainable environment that promotes
accelerated beneficiation in fledgling sub-sectors of mining, including
platinum .  <https://bullszimbabwe.com/miners-back-beneficiation-push/> Read
more >

 <mailto:info at bulls.co.zw> 

Economy expected to grow despite erratic rains

Old Mutual Investment Group believes Zimbabwe's economy may still register
strong growth this year despite the erratic rains experienced in the
country, which negatively affected farming. The investment firm admitted .
<https://bullszimbabwe.com/economy-expected-to-grow-despite-erratic-rains/>
Read more >

Diaspora keen on Treasury USD bonds

FINANCE and Economic Development Minister Mthuli Ncube has said the Diaspora
community has shown keen interest to invest in the US dollar bonds the
Government intends to launch and list .
<https://bullszimbabwe.com/diaspora-keen-on-treasury-usd-bonds/> Read more >

Indian giant invests US$250m in brewery

Giant Indian distilling firm, the NV Group, is investing US$250 million in a
brewery in Masvingo, a project expected to be fully functional in the next
one and half years, .
<https://bullszimbabwe.com/indian-giant-invests-us250m-in-brewery/> Read
more >

'US$120m looted from parastatal'

SUSPENDED PetroTrade board chair Tinomudaishe Chinyoka yesterday alleged
massive looting and mismanagement at the State-owned entity which he claimed
had prejudiced the company of nearly US$120 million. Chinyoka mentions the .
<https://bullszimbabwe.com/us120m-looted-from-parastatal/> Read more >

UNDP pledges US$26m for small-scale farmers

THE United Nations Development Programme (UNDP) has pledged US$26 million to
support small-scale farmers to deal with the effects of climate change. Low
rainfall patterns this agricultural season have affected .
<https://bullszimbabwe.com/undp-pledges-us26m-for-small-scale-farmers/> Read
more >

'PVO Amendment Bill to trigger forex shortages'

THE Private Voluntary Organisation (PVO) Amendment Bill could cause forex
shortages as it contains provisions that hinder donor funds remittances,
economic analysts and the Zimbabwe Coalition for Debt and Development .
<https://bullszimbabwe.com/pvo-amendment-bill-to-trigger-forex-shortages/>
Read more >

Shipping industry pushes for government regulation

ZIMBABWE'S shipping industry has requested government to establish a
regulatory board as part of measures to bring professionalism in the
multi-million-dollar sector. Shipping and Forwarding Agents Association of
Zimbabwe (Sfaaz) .
<https://bullszimbabwe.com/shipping-industry-pushes-for-government-regulatio
n/> Read more >

Unpaid banker exposes shady land deal

A RETIRED top banker has disclosed violation of local government procedures
by a leading local property developer, Alpha International Developers,
following a dispute over payments. In letters sent to Alpha .
<https://bullszimbabwe.com/unpaid-banker-exposes-shady-land-deal/> Read more
>

IDC reviews Chemplex funding strategy

THE Industrial Development Corporation (IDC) says it would not be pursuing
external funding to recapitalise its fertilizer and chemical production
asset, Chemplex Corporation. In an interview with NewsDay Business last .
<https://bullszimbabwe.com/idc-reviews-chemplex-funding-strategy/> Read more
>

SAZ gives FML clean bill of health

FIRST Mutual Life (FML) group has attained the ISO 9001:2015 certification
for the third time. The certificate was handed over to FML managing director
Williefaston Chibaya recently. The certification is .
<https://bullszimbabwe.com/saz-gives-fml-clean-bill-of-health/> Read more >

Market opens in the red, derivatives mixed on Monday

The Zimbabwe Stock Exchange (ZSE) started the week on a negative note as the
All Share Index shed 0.82 percent to close at 14,534.51 points, compared to
0.50 percent depreciation .
<https://bullszimbabwe.com/market-opens-in-the-red-derivatives-mixed-on-mond
ay/> 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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