Bulls n Bears Investors Notebook : 01 December 2023

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Bulls n Bears Investors Notebook : 01 December 2023

 

	
 




 


 

 


Bulls 'n Bears Investors Diary: Today's Events

 


 

 

 

 

 


 

 

 

 

 


 

 

	
 

Civil servants' US$300 cushioning allowance to be taxed

GOVERNMENT will convert the US$300 Covid-19 cushioning allowances paid to
civil servants into a salary beginning January 2024 while introducing a
two-cent taxation on sugary beverages including alcohol. The taxation .
<https://bullszimbabwe.com/civil-servants-us300-cushioning-allowance-to-be-t
axed/> Read more >

 

 


 

 


 


 

 

Newcrest Development Ltd seeks coal mining licence

Newcrest Development (Private) Limited has lodged an application with the
Mining Affairs Board for an Exclusive Prospecting Order (EPO) for coal in
Kamativi, in the Matabeleland North Mining District. EPOs .
<https://bullszimbabwe.com/newcrest-development-ltd-seeks-coal-mining-licenc
e/> Read more >

 

 

 	

 

 

Top 10 largest lithium mines in Africa

Lithium mining in Africa is gaining attention due to global demand for its
key component in electric vehicle batteries and renewable energy storage.
Here is a list of some notable .
<https://bullszimbabwe.com/top-10-largest-lithium-mines-in-africa/> Read
more >

 


 

	 


 

Only licensed, tax-compliant dealers to procure from manufacturers,
wholesalers

Government has proposed a raft of tax measures crucial to restoring the
trading structure, where the bulk of goods are retailed through the formal
sector that contributes to the fiscus. .
<https://bullszimbabwe.com/only-licensed-tax-compliant-dealers-to-procure-fr
om-manufacturers-wholesalers/> Read more >

 


 

 
Padenga gold production jumps 12pc

PADENGA Holdings Limited says improved plant throughput at Eureka Mine and
the addition of a new mill at Pickstone Peerless Mine spurred its gold
mining operations performance in the nine-month .
<https://bullszimbabwe.com/padenga-gold-production-jumps-12pc/> Read more >

 


 

 

 


 

Exchange rate: No respite for formal retailers

Despite a recommendation to remove 10 percent limit of the exchange rate
used by formal retailers, prices of their goods and services have largely
remained uncompetitive due to a wide .
<https://bullszimbabwe.com/exchange-rate-no-respite-for-formal-retailers/>
Read more >

 


 

	 

	
Revisiting the in duplum rule

On June 24, 2022, the Reserve Bank Zimbabwe (RBZ) amended the bank's policy
rate from 80 percent per annum to 200 percent per annum for Zimbabwe dollar
loan facilities. The .
<https://bullszimbabwe.com/revisiting-the-in-duplum-rule/> Read more >

 

 


 

	 


 

Unreliable power supply choking businesses: RioZim

RIOZIM Limited says the unreliable provision of power is likely to pose a
significant risk and drawback to its operations in the current quarter and
the near future. Zimbabwe continues .
<https://bullszimbabwe.com/unreliable-power-supply-choking-businesses-riozim
/> Read more >

 


 

	 


 

 

Packed schedule for President at COP28

President Mnangagwa is expected to jet in this morning for the 28th edition
of the UN Conference of the Parties (COP28), where he will join other world
leaders to deliberate .
<https://bullszimbabwe.com/packed-schedule-for-president-at-cop28/> Read
more >

 


 

	 


 

Zimplow closer to Barzem takeover

Diversified agro-concern, Zimplow Holdings, says it is close to securing the
49 percent shares in Barzem currently belonging to Barloworld Equipment UK
as the group seeks 100 percent control of .
<https://bullszimbabwe.com/zimplow-closer-to-barzem-takeover/> Read more >

 


 

	 


 

	 


 

Treasury plans to borrow $8,85t in 2024

Minister of Finance, Economic Development and Investment Promotion,
Professor Mthuli Ncube in his proposed budget statement said the country
plans to borrow in order to fund its 2024 budget deficit. .
<https://bullszimbabwe.com/treasury-plans-to-borrow-885t-in-2024/> Read more
>

 


 

	 


 

 

Zim to remain in throes of crippling power crisis

ZIMBABWE will continue to experience acute power supply shortages until, at
least, early next year following revelations the State power utility will
take down another 300-megawatt (MW) generators from the .
<https://bullszimbabwe.com/zim-to-remain-in-throes-of-crippling-power-crisis
/> Read more >

 

 


 

	 


 

Probe launched over contaminated wheat

An investigation has been launched into concerns raised by local grain
millers over the quality of wheat reportedly produced from an improperly
bred variety, it has been learnt. Alarmed by .
<https://bullszimbabwe.com/probe-launched-over-contaminated-wheat/> Read
more >

 

 


 

	 


 

Tax dodges in cash economy unfair

A major element of disquiet among economists is just how big the informal
sector is in Zimbabwe, and in particular the pure cash part of that sector,
and a major .
<https://bullszimbabwe.com/tax-dodges-in-cash-economy-unfair/> Read more >

 

 

 


 

 

 


 

Mthuli battles to stay the course of stability

FINANCE, Economic Development and Investment Promotion Minister, Professor
Mthuli Ncube, presented a $58,2 trillion 2024 National Budget, as he battled
to align the expected tighter economic situation next year with .
<https://bullszimbabwe.com/mthuli-battles-to-stay-the-course-of-stability/>
Read more >

 

 

 


 

Old mutual affirms commitment to renewable energy investments

Diversified financial services group Old Mutual Zimbabwe says its solar and
hydro energy projects, once complete, will generate over 42 megawatts to be
fed into the national grid, which presently .
<https://bullszimbabwe.com/old-mutual-affirms-commitment-to-renewable-energy
-investments/> Read more >

 

 

	
 

	
 


 

INVESTORS DIARY 2023

 


Company

Event

Venue

Date & Time

 


 

 


 

 

National Unity Day

Friday December 22

 


 

 

Christmas Day

Monday December 25

 


 

 

Boxing Day

Tuesday December 26

 


 

 

New Year's Day

Monday January 1 2024

 


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.

 


 

 


 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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