Bulls n Bears Investors Notebook : 10 August 2023

Thu Aug 10 05:02:22 CAT 2023

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Bulls n Bears Investors Notebook : 10 August 2023

 <https://www.cloverleaf.co.zw/> 

Bulls 'n Bears Investors Diary: Today's Events

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

Apex Bank finalising on gold digital tokens

THE Reserve Bank of Zimbabwe (RBZ) is finalising the modalities of rolling
out the Gold Backed Digital Tokens (GDBT) as a medium of exchange for
domestic transactions to complement the .  <https://bullszimbabwe.com/> Read
more >

Buyers to dominate activities at VFEX

Activity is expected to be skewed towards buyers on the growing Victoria
Falls Stock Exchange (VFEX) in the short to medium term, according to
analysts' projections. The US dollar denominated .
<https://bullszimbabwe.com/> Read more >

SA consultants for Umvumila SEZ

IN a bid to upscale its investment drive by leveraging on its resources,
Bulawayo City Council has roped in an independent South African firm
consultancy to undertake a pre-feasibility study .
<https://bullszimbabwe.com/> Read more >

100 SMEs formalise operations every month

BULAWAYO is recording about 100 Small and Medium Enterprises (MSMEs) per
month who are formalising their operations as the sector is fast embracing
the formalisation drive in response to improved .
<https://bullszimbabwe.com/> Read more >

Resuscitation of Byo station Boiler 6 to improve power supply

Resuscitation of Bulawayo Power Station Boiler 6 is expected to be complete
by the end of this month in the process improving the station availability
and reliability and add an .  <https://bullszimbabwe.com/> Read more >

Duly Motors unveils Next Generation Fords

Duly's Motors has unveiled the 2023 Next Generation Ford range that includes
Everest and Ranger vehicles with the new line-up featuring new models that
are more aggressive and with modern . <https://bullszimbabwe.com/> Read more
>

Council upgrades billing system

BULAWAYO City Council has enlisted the services of a South Africa-based
software developer - Quill Associates - to roll out a four-phased United
States dollar billing system with the council . <https://bullszimbabwe.com/>
Read more >

Econet, EcoCash to redeem shareholder debt

Econet Wireless Zimbabwe and EcoCash Holdings Zimbabwe Limited shareholders
have approved resolutions allowing the companies to raise US$30,3 million
each, to redeem shareholder debt extended five years ago to service .
<https://bullszimbabwe.com/> Read more >

Airports Company of Zimbabwe appoints new board chair

The Airports Company of Zimbabwe (Private) Limited (ACZ) has appointed
Advocate Tichaona John Muhonde as the new Board Chairman, effective 1
August. Advocate Muhonde is expected to play a crucial .
<https://bullszimbabwe.com/> Read more >

Harry Wilson calls for Zimbabwean financial transformation

MR Harry Peter Wilson, the leader of the Democratic Official Party (DOP) and
a presidential candidate for the upcoming harmonised elections, has
criticised the International Monetary Fund (IMF), World Bank .
<https://bullszimbabwe.com/> Read more >

Audits save Govt US$102m: PRAZ

THE Procurement Regulatory Authority of Zimbabwe (PRAZ) says the meticulous
evaluation and audits of public contracts saved the Government about US$102
million over the three months to June 2023. According .
<https://bullszimbabwe.com/> Read more >

Chemplex new animal health products to chop imports

Chemplex Corporation, a subsidiary of the State-owned Industrial Development
Corporation of Zimbabwe (IDCZ), has developed new animal healthcare
products, injecting impetus into the country's thrust of import substitution
and value . <https://bullszimbabwe.com/> Read more >

Agriculture, commodities and post harvest challenges

In the heart of Africa lies Zimbabwe, a nation with rich agricultural
resources and a thriving commodities market. Despite facing various
challenges, the country has immense potential for growth and .
<https://bullszimbabwe.com/> Read more >

Vegetable unit grows Seed Co earnings

Seed Co Limited's vegetable seed processing, Prime Seed Co's turnover
performance for the full year to March 31, 2023 was supported mainly by
exports and local US dollar-denominated sales to .
<https://bullszimbabwe.com/> Read more >

AfCFTA boost for Zim Africa- report

Access to the wider African market through the African Continental Free
Trade Area (AfCFTA) is a major boost for economies such as Zimbabwe,
analysts have said. According to Mark and . <https://bullszimbabwe.com/>
Read more >

INVESTORS DIARY 2023

Company

Event

Venue

Date & Time

Heroes' Day

Aug 14

Defence Forces Day

Aug 15

Padenga

EGM

Royal Harare Golf Club

August 16 - (10am)

Border Timbers

EGM

4 - 12 Paisley Road, Southerton, Harare, or virtually
:https://escrowagm.com/eagmZim/Login.aspx" 

August 18 - (10am)

zIMBABWE

2023 harmonised elections

August 23

REST OF AFRICA

Counters Trading Under Cautionary

CBZH

GetBucks

EcoCash

Padenga

Econet

RTG

Fidelity

TSL

FMHL

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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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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