Bulls n Bears Investors Notebook : 07 November 2023
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Tue Nov 7 07:31:58 CAT 2023
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Bulls n Bears Investors Notebook : 07 November 2023
Bulls 'n Bears Investors Diary: Today's Events
China encouraged to invest more in Zimbabwe
The Ministry of Industry and Commerce Permanent Dr Utete Wushe has invited
Chinese investors to take up opportunities offered by Zimbabwe, taking
advantage of the long-standing cordial relations that the .
<https://bullszimbabwe.com/china-encouraged-to-invest-more-in-zimbabwe/>
Read more >
Zimbabwe participates in World Travel Market in London- world's foremost
tourism event
TOURISM and Hospitality Industry Minister Barbara Rwodzi is leading a
Zimbabwean delegation to the 43rd edition of the world's most influential
travel and tourism event- World Travel Market in London. .
<https://bullszimbabwe.com/zimbabwe-participates-in-world-travel-market-in-l
ondon-worlds-foremost-tourism-event/> Read more >
President appoints Mutapa Investment Fund board
President Mnangagwa has approved the appointment of a seven member Mutapa
Investment Fund board to be chaired by Dr Chipo Mutasa. A recent Statutory
Instrument gazetted by President Mnangagwa invoked .
<https://bullszimbabwe.com/president-appoints-mutapa-investment-fund-board/>
Read more >
African Distillers records US$25,7m revenue
LISTED spirits and wines producer, African Distillers (AfDis) posted a
half-year turnover of US$25,7 million, with management planning on focusing
more on supplying its full range of products to the .
<https://bullszimbabwe.com/african-distillers-records-us257m-revenue/> Read
more >
Mine Entra exhibitors show interest in Bulawayo
A section of exhibitors at the just-ended Mine Entra expo are considering
opening branches in Bulawayo to supply the southern region with an
assortment of mining equipment due to the .
<https://bullszimbabwe.com/mine-entra-exhibitors-show-interest-in-bulawayo/>
Read more >
Tech company to empower African businesses
MVIYO TECHNOLOGIES, a tech company that offers custom software development,
mobile applications, and data analytics solutions will officially launch its
operations in Bulawayo on 24 November at the Zimbabwe International .
<https://bullszimbabwe.com/tech-company-to-empower-african-businesses/> Read
more >
Mines to spend US$50 million on exploration
MAJOR mining houses in the country are planning to spend big on exploration
projects next year with an aggregate budget of approximately US$50 million
set amid indications that the sector .
<https://bullszimbabwe.com/mines-to-spend-us50-million-on-exploration/> Read
more >
Let's promote digital literacy:Govt
ICT, Postal and Courier Services minister Tatenda Mavetera has urged
organisations to improve the digital literacy of their clientelle for the
market to accept new disruptive technologies. "Of all the .
<https://bullszimbabwe.com/lets-promote-digital-literacygovt/> Read more >
More Zesa tariff increases loom
POWER utility, Zesa Holdings, is mulling more tariff increases to recoup
losses and supply more stable electricity to consumers despite a recent
increase, it has been revealed. Recently, the Zimbabwe .
<https://bullszimbabwe.com/more-zesa-tariff-increases-loom/> Read more >
Bankers blame bank charges on plethora of costs
BANKERS Association of Zimbabwe (Baz) has justified increases in bank
charges as financial institutions deal with a plethora of costs. This comes
despite a recent push by the central bank .
<https://bullszimbabwe.com/bankers-blame-bank-charges-on-plethora-of-costs/>
Read more >
Zimdollar dips on forex markets
THE United States Agency for International Development (USAID) has reported
a 6% and 9% depreciation of the local currency against the greenback on the
official and parallel forex markets, respectively, .
<https://bullszimbabwe.com/zimdollar-dips-on-forex-markets/> Read more >
ZNCC proposes easing tax burden
INDUSTRY and commerce have urged Government to further ease the tax burden
on businesses and individuals through tax adjustments in the upcoming 2024
National Budget. This comes after the Zimbabwe .
<https://bullszimbabwe.com/zncc-proposes-easing-tax-burden/> Read more >
Simbisa sees jump in sales in 2024
Quick Service Restaurant (QSR) group, Simbisa Brands, is projected to see a
jump in sales for the financial year 2024 as the company leverages product
diversification and counter expansion, according .
<https://bullszimbabwe.com/simbisa-sees-jump-in-sales-in-2024/> Read more >
NatFoods consumes 712 K litres of diesel on power generation .mulls 2MW
solar project
Diesel for power generation at National Foods increased by 582 930 litres to
712 851 litres in 2023 from 129,921 litres in full year 2022, owing to
continuous power outages. .
<https://bullszimbabwe.com/natfoods-consumes-712-k-litres-of-diesel-on-power
-generation-mulls-2mw-solar-project/> Read more >
Zim's engineering, iron, steel sector requires US$10 m retooling kit
Zimbabwe's engineering, iron and steel industry requires at least US$10
million for retooling to boost operational capacity to match the anticipated
vibrancy of the sector to emerge once the new .
<https://bullszimbabwe.com/zims-engineering-iron-steel-sector-requires-us10-
m-retooling-kit/> 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.
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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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