Bulls n Bears Investors Notebook : 07 June 2023

Wed Jun 7 05:16:59 CAT 2023

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Bulls n Bears Investors Notebook : 07 June 2023

 <mailto:info at bulls.co.zw> 

Bulls 'n Bears Investors Diary: Today's Events

Quotable Quote:

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

Zim moves to surpass wheat output

Zimbabwe is optimistic that this year's winter wheat production will surpass
last year's yield of 375 000 tonnes following various interventions
implemented by Government and the private sector to bolster .
<https://bullszimbabwe.com/zim-moves-to-surpass-wheat-output/> Read more >

Govt implements record 7 000 projects

At least 7 000 projects have been implemented with 5 000 completed since
2018 across the country, as the Second Republic led by President Mnangagwa
demonstrates commitment to deliver on .
<https://bullszimbabwe.com/govt-implements-record-7-000-projects/> Read more
>

 <mailto:info at bulls.co.zw> 

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

Zim, Egypt step up economic diplomacy

Zimbabwe and Egypt are stepping up economic cooperation for mutual benefit,
with a meeting between Vice President and Minister of Health and Child Care
Dr Constantino Chiwenga and Egyptian Prime .
<https://bullszimbabwe.com/zim-egypt-step-up-economic-diplomacy/> Read more
>

RBZ announces new measures to stabilise prices, exchange rate

THE Reserve Bank of Zimbabwe (RBZ) will from today start selling foreign
currency on the interbank market through commercial banks, with the foreign
currency auctions now limited to US$5 million .
<https://bullszimbabwe.com/rbz-announces-new-measures-to-stabilise-prices-ex
change-rate/> Read more >

Dilapidated Mbare houses declared a state of emergency . . . Govt moves in
to give New Line area a facelift

Mbare's New Line area has been declared a state of emergency by the
Government which has subsequently ordered that devolution funds be
redirected to refurbish housing, sewer systems and enhance .
<https://bullszimbabwe.com/dilapidated-mbare-houses-declared-a-state-of-emer
gency-govt-moves-in-to-give-new-line-area-a-facelift/> Read more >

Construction firms upbeat as projects sail smoothly

COMPANIES in the construction sector continue to enjoy healthy business from
the various key public infrastructure projects being implemented by the
Government, which has been consistent in terms of making .
<https://bullszimbabwe.com/construction-firms-upbeat-as-projects-sail-smooth
ly/> Read more >

Chengetedzai in strategy to improve product offerings

Chengetedzai Depository Company (CDC) says it is working to improve its
product offering to better meet customer needs through the introduction of a
mobile application and US dollar settlements. Mr .
<https://bullszimbabwe.com/chengetedzai-in-strategy-to-improve-product-offer
ings/> Read more >

 <mailto:info at bulls.co.zw> 

Zim gold production surges 21pc in May

ZIMBABWE'S gold production surged a weighty 21 percent to 2 875 tonnes in
May this year from 2 376 tonnes in the previous month, the latest official
figures show. Statistics .
<https://bullszimbabwe.com/zim-gold-production-surges-21pc-in-may/> Read
more >

Malawi supports Zimbabwe's bid to rejoin Commonwealth

MALAWIAN President Lazarus Chakwera supports Zimbabwe's bid to rejoin the
Commonwealth and has wished President Mnangagwa success as the country heads
towards the harmonised elections in August. Last week President .
<https://bullszimbabwe.com/malawi-supports-zimbabwes-bid-to-rejoin-commonwea
lth/> Read more >

Official exchange rate jumps to US$1: ZWL$3 675

THE official exchange rate jumped to ZWL$3 673 yesterday against the United
States dollar, shedding 42,6 percent points when compared to the last week's
rate of US$1: ZWL$2 577. Economists .
<https://bullszimbabwe.com/official-exchange-rate-jumps-to-us1-zwl3-675/>
Read more >

Tackle plastic pollution menace, climate change

ZIMBABWE joined the rest of the world in celebrating World Environment Day
(WED) 2023 on Monday with a call for collaborative efforts in biodiversity
restoration and protection, climate adaptation, and .
<https://bullszimbabwe.com/tackle-plastic-pollution-menace-climate-change/>
Read more >

More Matabeleland women venture into dairy farming

MORE women from Matabeleland region are venturing into dairy production
where they have found a niche business opportunity with the potential to
create more jobs while impacting positively the mainstream .
<https://bullszimbabwe.com/more-matabeleland-women-venture-into-dairy-farmin
g/> Read more >

Invictus raises combined US$23,56 million to support further operations

INVICTUS Energy has raised a total of 35,4 million Australian dollars
(US$23,56 million) to support its next phase of operations that include the
Mukuyu-2 appraisal well in the Cabora Bassa .
<https://bullszimbabwe.com/invictus-raises-combined-us2356-million-to-suppor
t-further-operations/> Read more >

Econet invests US$66 mln in network upgrade

ECONET Wireless Zimbabwe (EWZ) says it invested US$66 million in the
financial year to February 28, 2023, as part of its network modernization
program which it said had been hampered .
<https://bullszimbabwe.com/econet-invests-us66-mln-in-network-upgrade/> Read
more >

Zimbabwe dollar in 42 percent tumble

The Zimbabwe dollar took another huge tumble at Tuesday's auction system the
third time of trading under a pure Dutch auction system. The exchange rate
tumbled from $2,577.05 last week .
<https://bullszimbabwe.com/zimbabwe-dollar-in-42-percent-tumble/> Read more
>

INVESTORS DIARY 2023

Company

Event

Venue

Date & Time

Heroes' Day

Aug 14

Defence Forces Day

Aug 15

REST OF AFRICA

Counters Trading Under Cautionary

CBZH

GetBucks

EcoCash

TSL

Econet

Turnall

First Capital Bank

ZBFH

Fidelity

Zimplow

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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Skype:         Bulls.Bears 

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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