Bulls n Bears Investors Notebook : 16 June 2023

Fri Jun 16 08:02:42 CAT 2023

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Bulls n Bears Investors Notebook : 16 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

Introduce higher denomination banknotes, govt told

GOVERNMENT has been urged to issue banknotes with higher denominations to
make it easier for people to transact. Currently, the $100 note is the
highest banknote in the country, but .
<https://bullszimbabwe.com/introduce-higher-denomination-banknotes-govt-told
/> Read more >

Ecobank unveils single market trade hub

ECOBANK Group, the leading Pan-African bank, has unveiled its single market
trade hub as part of its commitment to promoting intra-African trade. The
Ecobank single market trade hub (the trade .
<https://bullszimbabwe.com/ecobank-unveils-single-market-trade-hub/> Read
more >

 <mailto:info at bulls.co.zw> 

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

NRZ, Coal miners in transportation agreement

Coal miners have engaged the National Railway of Zimbabwe (NRZ) over the
transportation of the fuel to Mozambique ports as they eye export to China,
officials said. Lack of capacity .
<https://bullszimbabwe.com/nrz-coal-miners-in-transportation-agreement/>
Read more >

GMAZ demands cash upfront for Zim dollar payments

The Grain Millers Association of Zimbabwe (GMAZ) has set new trading terms
for maize meal and wheat flour in order to cushion members exchange losses
emanating largely from exchange rate .
<https://bullszimbabwe.com/gmaz-demands-cash-upfront-for-zim-dollar-payments
/> Read more >

SMEs formalisation drive gains momentum

SCORES of micro-small to medium enterprises (MSMES) continue to graduate
into big businesses across the country as they embrace the formalisation
drive in response to improved Government support. In line .
<https://bullszimbabwe.com/smes-formalisation-drive-gains-momentum/> Read
more >

Millers incur US$6m exchange losses

PLAYERS in the grain milling sector say their operations are being adversely
affected by the prevailing exchange rate volatility resulting in the
distortion of supply chains and artificial product shortages .
<https://bullszimbabwe.com/millers-incur-us6m-exchange-losses/> Read more >

Dendairy operations impress Belarus delegation

MODERN technology and fully-automated packaging equipment at Kwekwe-based
dairy company, Dendairy, yesterday impressed the delegation of Government
officials and the visiting Belarusian team, which has pledged more support
to the .
<https://bullszimbabwe.com/dendairy-operations-impress-belarus-delegation/>
Read more >

 <mailto:info at bulls.co.zw> 

Shun procurement corruption - Praz

BUSINESSES must shun procurement corruption by embracing transparency and
adhering to set regulations, which is critical for weeding out graft from
across the country, the Procurement Regulatory Authority of Zimbabwe .
<https://bullszimbabwe.com/shun-procurement-corruption-praz/> Read more >

Bulawayo SMEs to attend China-Africa expo

SMALL to Medium Enterprises (SMEs) in Bulawayo are expected to exhibit their
products and services at the forthcoming third China-Africa Economic and
Trade Expo, which will run from June 29 .
<https://bullszimbabwe.com/bulawayo-smes-to-attend-china-africa-expo/> Read
more >

Zimbabwe showcases unique attractions at Kenyan tourism expo

ZIMBABWE'S remarkable tourism resource destination attraction was under the
spotlight at the Africa Hospitality Investment Forum 2023 in Nairobi, Kenya
where regional and international players in the sector are gathered .
<https://bullszimbabwe.com/zimbabwe-showcases-unique-attractions-at-kenyan-t
ourism-expo/> Read more >

Zisco set to start mining operations

THE Zimbabwe Iron and Steel Company (Zisco) intends to start mining
limestone and iron ore near Kwekwe by the end of this year as part of the
preparatory groundwork to .
<https://bullszimbabwe.com/zisco-set-to-start-mining-operations/> Read more
>

ZMX to commence auctioning agric produce

Agriculture commodities exchange, the Zimbabwe Mercantile Exchange (ZMX),
will commence auctioning of approved commodities on the 21st of this month,
broadening the market. According to the ZMX, the weekly auction .
<https://bullszimbabwe.com/zmx-to-commence-auctioning-agric-produce/> Read
more >

Hwange Unit 8 hits first full capacity on trial

HWANGE Thermal Power Station Unit 8 has achieved its first full capacity of
355 megawatts while undergoing trials as Zimbabwe moves to register a record
power output and ease electricity .
<https://bullszimbabwe.com/hwange-unit-8-hits-first-full-capacity-on-trial/>
Read more >

President slams Innscor pricing system

PRESIDENT Mnangagwa yesterday singled out diversified conglomerate Innscor
as one of the businesses that have been unjustifiably raising prices of
basic commodities such as bread leading to the suffering of .
<https://bullszimbabwe.com/president-slams-innscor-pricing-system/> Read
more >

ZESA pays coal suppliers in forex

ZESA Holdings is now paying coal suppliers in foreign currency, a
development expected to ensure smooth supply of the commodity to the
expanded Hwange thermal power station. The Coal Producers .
<https://bullszimbabwe.com/> 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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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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