Bulls n Bears Investors Notebook : 10 May 2022

Tue May 10 07:48:37 CAT 2022

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Bulls n Bears Investors Notebook : 10 May 2022

 <https://firstcapitalbank.co.zw/> 

Bulls 'n Bears Investors Diary: Today's Events

Quotable Quote:

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

First Capital Bank records $2,4 billion Q1 income

FIRST Capital Bank (FCB) Limited has recorded $2,4 billion total income for
the first quarter of 2022 compared to $1,7 billion realised during the same
period last year. In its .
<https://bullszimbabwe.com/first-capital-bank-records-24-billion-q1-income/>
Read more >

ZimParks capacitated to tackle wildlife diseases

THE Zimbabwe Parks and Wildlife Management Authority (ZimParks) is now
capacitated to collect samples for in-house testing of wildlife diseases
after acquiring laboratory equipment through partnership support. This comes
amid .
<https://bullszimbabwe.com/zimparks-capacitated-to-tackle-wildlife-diseases/
> Read more >

 <mailto:info at bulls.co.zw> 

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

Dairibord forex sales volumes jump 186pc

Dairibord Holdings limited, Zimbabwe's biggest dairy processor, says its
volumes sold in foreign currency grew by 186 percent in the first quarter to
March 31, 2022, driven by measures the .
<https://bullszimbabwe.com/dairibord-forex-sales-volumes-jump-186pc/> Read
more >

Business leaders back Govt currency measures

CAPTAINS of industry and economic analysts believe the raft of policy
measures by the Government to stabilise the local currency will underpin
progress towards measured dedollarisation. The interventions were prompted .
<https://bullszimbabwe.com/business-leaders-back-govt-currency-measures/>
Read more >

Minister, industrialists meet

THE Minister of Industry and Commerce, Dr Sekai Nzenza, will meet captains
of the manufacturing industry tomorrow to review the first quarter business
and economic performance. The meeting will also .
<https://bullszimbabwe.com/minister-industrialists-meet/> Read more >

Zim targets more Middle East tourism traffic

ZIMBABWE continues to intensify its destination visibility campaign
targeting the Middle East source markets while riding on the momentum
created by the inroads achieved by the country during its participation .
<https://bullszimbabwe.com/zim-targets-more-middle-east-tourism-traffic/>
Read more >

NSSA expands economic projects to cushion pensioners

THE National Social Security Authority (NSSA) says it is forging ahead with
expanding its economic projects in order to ensure pensioners receive decent
monthly payouts in line with the international .
<https://bullszimbabwe.com/nssa-expands-economic-projects-to-cushion-pension
ers/> Read more >

 <mailto:info at bulls.co.zw> 

NRZ in US$3,5m rolling stock revamp

THE National Railways of Zimbabwe (NRZ) has embarked on a programme to
refurbish its rolling stock at a cost of US$3,5 million, in a move expected
to improve efficiencies. The .
<https://bullszimbabwe.com/nrz-in-us35m-rolling-stock-revamp/> Read more >

Private passenger transporters welcome back, but.

GOVERNMENT'S decision to revoke the Zimbabwe United Passenger Company
(Zupco)'s public transport monopoly and allow private players to return to
the sector is most welcome. The stitch-in-time move is surely .
<https://bullszimbabwe.com/private-passenger-transporters-welcome-back-but/>
Read more >

Retailers defy ED on pricing

RETAILERS have defied President Emmerson Mnangagwa's directive to adhere to
the official interbank rate when pricing goods. On Saturday, Mnangagwa
announced a raft of measures aimed at controlling the spiralling .
<https://bullszimbabwe.com/retailers-defy-ed-on-pricing/> Read more >

Govt killing Zimdollar: Business

GOVERNMENT'S short-term financing mechanisms to fund its programmes are the
major contributors to the depreciation of the local currency, the Zimbabwe
National Chamber of Commerce (ZNCC) has noted. In its .
<https://bullszimbabwe.com/govt-killing-zimdollar-business/> Read more >

Govt moves to compensate depositors

MILLIONS of taxpayers' money will be channelled into reimbursing depositors
whose United States dollar bank balances were wiped out in 2019 when the
Zimbabwe dollar was reintroduced. Finance ministry secretary .
<https://bullszimbabwe.com/govt-moves-to-compensate-depositors/> Read more >

Global steelmaker remains confident

THROUGH Tsingshan Investments Zimbabwe, Tsingshan Holding Group, the world's
largest stainless steel and nickel producer has kick-started the development
of the country's new integrated steel operation following the collapse of .
<https://bullszimbabwe.com/global-steelmaker-remains-confident/> Read more >

Zimbabwe Central Bank Data Shows Local Currency Devalued 40%

The Zimbabwe dollar's exchange rate was quoted 40% weaker against the U.S.
dollar on Monday, a day before the central bank holds it weekly
foreign-currency auction meant to establish the .
<https://bullszimbabwe.com/zimbabwe-central-bank-data-shows-local-currency-d
evalued-40/> Read more >

Zimbabwe's bank lending freeze will worsen economic crisis, business chamber
says

(Reuters) - Zimbabwe's decision to suspend bank lending in a desperate bid
to arrest the rapid devaluation of its currency will worsen the economic
crisis and expose borrowers to predatory .
<https://bullszimbabwe.com/zimbabwes-bank-lending-freeze-will-worsen-economi
c-crisis-business-chamber-says/> 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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