Bulls n Bears Investors Notebook : 03 November 2023

Fri Nov 3 08:21:01 CAT 2023

 <http://www.bullszimbabwe.com> Bullszimbabwe.com
<mailto:info at bulls.co.zw?subject=View%20and%20Comments> Views & Comments
<https://bullszimbabwe.com/category/blogs/bullish-thoughts/> Bullish
Thoughts        <http://www.twitter.com/BullsBears2010> Twitter
<https://www.facebook.com/BullsBearsZimbabwe> Facebook
<http://www.linkedin.com/pub/bulls-n-bears-zimbabwe/57/577/72> LinkedIn
<https://chat.whatsapp.com/CF6wllAfScU9Wr6dXxoQnO> WhatsApp
<mailto:bulls at bullszimbabwe.com?subject=Unsubscribe> Unsubscribe

Bulls n Bears Investors Notebook : 03 November 2023

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

Bulls ‘n Bears Investors Diary: Today’s Events

Prospect targets high-grade lithium mineralisation

PROSPECT Resources Limited has commenced Phase 3 drilling programme at Step
Aside Lithium Project near Harare, targeting significant strike and depth
extensions of high-grade lithium mineralisation. In a quarterly activities 

<https://bullszimbabwe.com/prospect-targets-high-grade-lithium-mineralisatio
n/> Read more »

Mineral revenue slumps 29%

ZIMBABWE’S mineral revenue declined by 29% to US$2,6 billion in the first
half of this year due to a number of challenges including softening
commodity prices, foreign currency shortfalls, high-cost 

<https://bullszimbabwe.com/mineral-revenue-slumps-29/> Read more »

Suppliers need to work with miners: Govt

THE government has advised suppliers to the mining industry to seize the
opportunity presented by the sector’s current growth to expand their
businesses. Charles Tawha, the chief director in the 

<https://bullszimbabwe.com/suppliers-need-to-work-with-miners-govt/> Read
more »

Adapt or die, businesses told

COMPUTER Society of Zimbabwe (CSZ) Harare chapter chairperson Blessing
Chiome has urged business players to quickly adapt to the new technological
advancements to transform, create and capture value for their 

<https://bullszimbabwe.com/adapt-or-die-businesses-told/> Read more »

Powerspeed taps into construction boom

One of the country’s largest electricals and hardware suppliers, Powerspeed
Electrical Limited’s implementation of expansion programmes, is timely
enabling the company to tap into the construction boom being witnessed.
Despite 

<https://bullszimbabwe.com/powerspeed-taps-into-construction-boom/> Read
more »

Strategic value of internal audit

Internal auditing is the stone the business landscape ignores which is,
however, a cornerstone and an essential pillar for business’ long
sustainability in today’s dynamic world. Introduction: In today’s dynamic 

<https://bullszimbabwe.com/strategic-value-of-internal-audit/> Read more »

Edgars shares soar 6pc on management changes

Clothing retailer, Edgars Stores Limited, experienced a substantial surge in
its shares, up by nearly 6 percent on Monday, following the appointment of
several new senior leaders to its management 

<https://bullszimbabwe.com/edgars-shares-soar-6pc-on-management-changes/>
Read more »

‘High forex retentions can impede exporters’

ANALYSTS say high foreign currency surrender requirement thresholds
instituted by the Reserve Bank of Zimbabwe (RBZ) will impede exporting
businesses’ ability to grow export capacity and diversification. On October
23, 

<https://bullszimbabwe.com/high-forex-retentions-can-impede-exporters/> Read
more »

Tigere ready to acquire Highland Park Phase 2

TIGERE Property Fund has announced its intention to officially start
operating Highland Park Phase 2 before Christmas as it continues to grow its
footprint in the property segment. First phase 

<https://bullszimbabwe.com/tigere-ready-to-acquire-highland-park-phase-2/>
Read more »

Maize harvest targets ambitious, but unrealistic

Zimbabwe has set an ambitious and probably unrealistic maize harvest target
for the 2023/24 agricultural season given forecasts of a normal to
below-normal rainfall season. Meteorological experts forecast the country 

<https://bullszimbabwe.com/maize-harvest-targets-ambitious-but-unrealistic/>
Read more »

Zim attracts record quarterly investments

Zimbabwe continues to attract investor interest from across the globe with
the Zimbabwe Investment and Development Agency (ZIDA) issuing the highest
number of new licences per quarter since 2022. Presenting 

<https://bullszimbabwe.com/zim-attracts-record-quarterly-investments/> Read
more »

Kariba carbon credit project in corruption storm

A forest protection project in Binga, Zimbabwe is funded through carbon
credits.An exposé by the New Yorker put the spotlight on a mega carbon
credits project in Zimbabwe, which was 

<https://bullszimbabwe.com/kariba-carbon-credit-project-in-corruption-storm/
> Read more »

Zim makes US$126m token payments to global lenders

The Government of Zimbabwe has, since 2021, made cumulative token payments
of US$125,8 million as of September 2023, to its external creditors as a
sign of its commitment to clearing 

<https://bullszimbabwe.com/zim-makes-us126m-token-payments-to-global-lenders
/> Read more »

Value for money audits pay dividends

The value -for-money procurement process has enabled Government to save 30
percent of what it could have spent more since August 2022, Finance,
Economic Development and Investment Promotion Minister Professor 

<https://bullszimbabwe.com/value-for-money-audits-pay-dividends/> Read more
»

Seven year deadline to fix local currency

The decision to extend the multi-currency regime, that is the use of foreign
currencies and in particular the US dollar, well in time from the end of
2025 to the 

<https://bullszimbabwe.com/seven-year-deadline-to-fix-local-currency/> Read
more »

Extended USD tenure to boost market confidence

Export receipts were down by 9,6 percent from US$5,25 billion recorded
January-September 2022 to US$ 4,75 billion for the same period in 2023.THE
Government’s decision to extend the tenure of 

<https://bullszimbabwe.com/extended-usd-tenure-to-boost-market-confidence/>
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 

Cellphone:      <tel:%2B263%2077%20344%201674> +263 77 344 1674

Alt. Email:       <mailto:info at bulls.co.zw> info at bullszimbabwe.com  

Website:
<http://www.google.com/url?q=http%3A%2F%2Fwww.bulls.co.zw&sa=D&sntz=1&usg=AF
QjCNH8LYgdY55h-XKseuM8Kpr-JKdfhQ> www.bullszimbabwe.com 

Blog:
<http://www.google.com/url?q=http%3A%2F%2Fwww.bulls.co.zw%2Fblog&sa=D&sntz=1
&usg=AFQjCNFoIy6F9IXAiYnSoPSgWDYsr8Sqtw> www.bullszimbabwe.com/blog

Twitter:         @bullsbears2010

LinkedIn:       Bulls n Bears Zimbabwe

Facebook:
<http://www.google.com/url?q=http%3A%2F%2Fwww.facebook.com%2FBullsBearsZimba
bwe&sa=D&sntz=1&usg=AFQjCNGhb_A5rp4biV1dGHbgiAhUxQqBXA>
www.facebook.com/BullsBearsZimbabwe

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.

-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20231103/d475bfee/attachment-0001.html>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image001.png
Type: image/png
Size: 34378 bytes
Desc: not available
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20231103/d475bfee/attachment-0002.png>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image002.png
Type: image/png
Size: 527710 bytes
Desc: not available
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20231103/d475bfee/attachment-0003.png>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: oledata.mso
Type: application/octet-stream
Size: 130907 bytes
Desc: not available
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20231103/d475bfee/attachment-0001.obj>