Bulls n Bears Investors Notebook : 04 May 2023

Thu May 4 06:13:35 CAT 2023

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Bulls n Bears Investors Notebook : 04 May 2023

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Bulls 'n Bears Investors Diary: Today's Events

Quotable Quote:

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

'Cotton sector out of the woods'

Zimbabwe's cotton farmers have been perennially affected by payment
delays.Government has stepped up efforts to ramp up cotton production in the
country through implementation of the cotton- to-clothing strategy which .
<https://bullszimbabwe.com/> Read more >

Zimbabwe readies to open 'First of its kind in Southern Africa' chrome
smelting plant

IN what could be "the first of its kind in Southern Africa",
Zimbabwean-based African Chrome Fields says construction is nearly complete
at its new state-of-the-art Aluminothermic Smelting Plant in Kwekwe, .
<https://bullszimbabwe.com/> Read more >

 <mailto:info at bulls.co.zw> 

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

GetBucks grows asset base

LISTED microfinance bank GetBucks recorded positive growth in total assets
in the year ended 31 December 2022 spurred by the increase in its loan book.
In a statement accompanying the  <https://bullszimbabwe.com/> Read more >

Premier optimising plant at Zulu lithium project

UNITED Kingdom-headquartered mining group, Premier African Minerals, says it
is now focused on optimising plant and process control procedures at its
Zulu lithium and tantalum operation in Insiza District, Matabeleland .
<https://bullszimbabwe.com/> Read more >

Businesses access US$19,05m from forex auction

THE Reserve Bank of Zimbabwe (RBZ) has this week allotted US$19,05 million
to businesses at the foreign currency auction system, a slight decrease from
US$20,7 million allocated last week. The .  <https://bullszimbabwe.com/>
Read more >

Delta pumps US$2m into school bursaries

CLOSE to 2 000 less-privileged students have benefited from the Delta
Corporation bursary programme, which has channeled close to US$2 million
over the years. The Zimbabwe Stock Exchange-listed company runs .
<https://bullszimbabwe.com/> Read more >

Turnall mulls floating rights offer to raise capital

TURNALL Holdings says it is considering raising working capital by way of a
rights offer, a transaction the company said may have a material impact on
the company's shares. The .  <https://bullszimbabwe.com/> Read more >

 <mailto:info at bulls.co.zw> 

Majuru pledges to deliver world class Osaka 2025 Expo campaign

ZIMTRADE chief executive officer, Mr Allan Majuru, has paid tribute to
Government for the honour of being appointed to lead the country's campaign
as Commissioner General at the Osaka Expo .  <https://bullszimbabwe.com/>
Read more >

Bulawayo adopts GIS to promote tourism growth

THE Bulawayo City Council (BCC) has adopted the geographic information
system (GIS) to enhance connection with local hotels and heritage sites as
part of innovative strategies to promote the growth .
<https://bullszimbabwe.com/> Read more >

GMB gets $4bn for grain deliveries

THE Grain Marketing Board (GMB) says it has received $4 billion from the
Treasury to facilitate smooth and speedy payment of farmers for grain
deliveries. Zimbabwe expects to record a .  <https://bullszimbabwe.com/>
Read more >

ZimRe after tax profit plunges 57pc

ZimRe Holdings has reported a 57 percent decline in inflation-adjusted
profit after tax to $4,1 billion in 2022 compared to the same prior year
period. According to a statement accompanying .
<https://bullszimbabwe.com/> Read more >

Zim seals promotional partnership deal with SAA

THE Zimbabwe Tourism Authority (ZTA) has entered into a promotional
partnership agreement with South African Airways (SAA) to improve direct
traffic into the country from Dubai, United Arab Emirates (UAE). .
<https://bullszimbabwe.com/> Read more >

Tshabalala appointed FMP finance executive

First Mutual Properties (FMP) has appointed Dumisani Tshabalala as finance
executive, the company said in a statement. The company said; "First Mutual
Properties Limited is pleased to announce the appointment .
<https://bullszimbabwe.com/> Read more >

Stanbic prepares stakeholders for AfCFTA

Stanbic Bank Zimbabwe, has implored Zimbabwean businesses to take advantage
of numerous opportunities derived from the African Continental Free Trade
Area (AfCFTA). Stanbic Bank head, trade and Africa China Banking, .
<https://bullszimbabwe.com/> Read more >

Prospect completes Phase 2 of its diamond drilling programme

PROSPECT Resources, which is developing the Step Aside lithium project in
Goromonzi District in Mashonaland East Province, has completed Phase 2 of
its diamond drilling programme. The project is situated .
<https://bullszimbabwe.com/> Read more >

INVESTORS DIARY 2023

Company

Event

Venue

Date & Time

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.

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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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