Bulls n Bears Investors Notebook : 09 March 2023

Thu Mar 9 07:07:33 CAT 2023

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Bulls n Bears Investors Notebook : 09 March 2023

 <mailto:info at bulls.co.zw> 

Bulls 'n Bears Investors Diary: Today's Events

Art

AGM

virtual

March 9, 2:30pm

Quotable Quote:

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

Zim exports 98% raw tobacco... fetches a paltry US$1bn out of a possible
US$15bn

VICE-PRESIDENT Constantino Chiwenga has said Zimbabwe exports 98% of its
tobacco in raw form, thus realising a paltry US$1 billion out of a possible
US$15 billion that the golden leaf fetches on the global market.
<https://bullszimbabwe.com/> Read more >

Business, labour sign bipartite memorandum amid TNF anxiety

BUSINESS and labour recently signed a memorandum towards a bipartite social
contract amid concerns over the effectiveness of the Tripartite Negotiating
Forum (TNF) platform in addressing the country's challenges.
<https://bullszimbabwe.com/> Read more >

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

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

Parliament ratifies Opec Fund loan to Zimbabwe of US$15 million

PARLIAMENT has approved a US$15 million loan agreement between the
government and Opec Fund for International Development (OFID) signed last
year to support small-holder farmers. <https://bullszimbabwe.com/> Read more
>

T5 countries meet in Victoria Falls to discuss tobacco farming future

Five southern African countries calling themselves "T5"-Malawi, Mozambique,
Zimbabwe, Tanzania and Zambia will gather in Victoria Falls next week to
deliberate on strategies to save their tobacco industries for a potential
threat of the ban of the crop. <https://bullszimbabwe.com/> Read more >

African Sun sets April 14 to migrate to VFEX

Hospitality group - African Sun Limited - has set April 14, as the date for
the estimated completion of its listing on the Victoria Falls Stock Exchange
(VFEX) as it moves closer to its migration. <https://bullszimbabwe.com/>
Read more >

NBS eyes massive housing project for Plumtree

The National Building Society (NBS) said on Monday it was eying a massive
600-unit housing project in Plumtree after it recently acquired 710 hectares
of land in the border town. <https://bullszimbabwe.com/> Read more >

Zimbabwe to scale up diamond cutting, polishing industry

MINES and Mining Development Minister Winston Chitando has said the country
is targeting seven million carats this year as the country plans to scale up
the diamond cutting and polishing industry. <https://bullszimbabwe.com/>
Read more >

 <mailto:info at bulls.co.zw> 

Cigar producer seeks to broaden export market

Zimbabwe's top tobacco producer CEO Mr Shep Mafundikwa has launched the
first local brand of hand-rolled cigars, defying coronavirus and economic
odds to light up manufacturing. <https://bullszimbabwe.com/> Read more >

African Sun migration to VFEX to bring significant benefits to shareholders

HOSPITALITY group African Sun Limited says migrating to the Victoria Falls
Stock

Exchange (VFEX) will expose the group to US dollar equity and debt capital
to finance its

hotel renovation and expansion projects.  <https://bullszimbabwe.com/> Read
more >

Auction allocation average US$18m in the past five weeks

THE Reserve Bank of Zimbabwe (RBZ) has been allotting an average of US$18
million in

the past month to businesses at the Foreign Currency Auction System.
<https://bullszimbabwe.com/> Read more >

RBZ dismisses money laundering allegations

The Reserve Bank of Zimbabwe (RBZ) has dismissed allegations of money
laundering and involvement in illicit gold dealings and corruption carried
in snippets of an unscreened Al Jazeera documentary. The .
<https://bullszimbabwe.com/> Read more >

Tobacco selling season kicks-off today

THE 2023 tobacco selling season starts today with the official opening
taking place at Tobacco Sales Floor (TSF) in Harare. This year, the tobacco
marketing season is opening earlier than .  <https://bullszimbabwe.com/>
Read more >

Local telcos petition Parly over US$ tariffs

ZIMBABWE's telecommunications (telcos) sector has petitioned Parliament to
enact laws that allow companies in the sector to peg their tariffs in United
States dollars (US$). The call comes as most .  <https://bullszimbabwe.com/>
Read more >

African Sun's VFEX listing gets ZSE nod

THE Zimbabwe Stock Exchange (ZSE) has granted African Sun Limited authority
to delist from the bourse and move to the foreign currency-denominated
Victoria Falls Stock Exchange (VFEX). In February, Afrisun's .
<https://bullszimbabwe.com/> Read more >

Stakeholders meet to review tourism policy

Stakeholders in the tourism sector in Mashonaland West province are meeting
in Karibato review the National Tourism Policy. The outcome of the
consultation process will feed into the national policy .
<https://bullszimbabwe.com/> Read more >

INVESTORS DIARY 2023

Company

Event

Venue

Date & Time

Art

AGM

virtual

March 9, 2:30pm

Good Friday

April 7

Easter Saturday

April 8

Easter Sunday

April 9

Easter Monday

April 10

Independence Day

April 18

Workers' Day

May 1

Africa Day

May 25

REST OF AFRICA

Counters Trading Under Cautionary

CBZH

TSL

Fidelity

Willdale

FMHL

ZBFH

GetBucks

Zimre

Seed Co

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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