Bulls n Bears Investors Notebook : 14 November 2023
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Tue Nov 14 06:38:52 CAT 2023
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Bulls n Bears Investors Notebook : 14 November 2023
Bulls 'n Bears Investors Diary: Today's Events
Govt pushes for use of AI in mining
This comes as the mining sector, the country's top foreign currency earner,
is facing declining foreign currency receipts, power cuts and high
operational costs that will see the industry miss .
<https://bullszimbabwe.com/govt-pushes-for-use-of-ai-in-mining/> Read more >
Agencies now entitled to 5% of new employee's first salary
GOVERNMENT has allowed employment agencies to obtain 5% of a jobseeker's
first monthly salary if they get them a job, making it more expensive to
secure employment in the country. .
<https://bullszimbabwe.com/agencies-now-entitled-to-5-of-new-employees-first
-salary/> Read more >
Egypt-Zimbabwe Business Forum oversubscribed, a resounding success
The Egypt-Zimbabwe Business Forum, held on the sidelines of the
Intra-African Trade Fair underway here, was a resounding success with
several investors expressing their interest to invest in the southern .
<https://bullszimbabwe.com/egypt-zimbabwe-business-forum-oversubscribed-a-re
sounding-success/> Read more >
Makona appointed Air Zim substantive CEO
The board of directors of Air Zimbabwe has appointed Mr Edmund Makona as the
new substantive chief executive officer of the national carrier with effect
from the beginning of this .
<https://bullszimbabwe.com/makona-appointed-air-zim-substantive-ceo/> Read
more >
Exodus & Co clinches US$141m funding deal
ZIMBABWEAN construction group, Exodus & Company, has signed a US$141 million
'intra-Africa' financing deal with the African Export-Import Bank
(Afreximbank) to expand its footprint across the African continent. The
seven-year .
<https://bullszimbabwe.com/exodus-co-clinches-us141m-funding-deal/> Read
more >
EcoCash half-year revenue jumps 40pc
EcoCash Holdings Zimbabwe Limited (EHZL), the country's leading digital and
fintech group, recorded a 40 percent jump in revenue to $218 billion in the
half-year period ended August 31, 2023, .
<https://bullszimbabwe.com/ecocash-half-year-revenue-jumps-40pc/> Read more
>
New member set to join East African Community
According to Secretary-General Peter Mathuki of the East African Community
(EAC), Somalia may be granted membership in the group this month. At the
Ordinary Heads of State Summit, which is .
<https://bullszimbabwe.com/new-member-set-to-join-east-african-community/>
Read more >
Delta to commission new sorghum beer plant in SA
Zimbabwe Stock Exchange (ZSE) listed beverages maker Delta will commission a
new Chibuku Super plant for its South African subsidiary, United National
Breweries, during the fourth quarter of this year. .
<https://bullszimbabwe.com/delta-to-commission-new-sorghum-beer-plant-in-sa/
> Read more >
Harare-Beitbridge highway 80pc complete
THE rehabilitation of the Harare-Masvingo-Beitbridge Highway is about 80
percent complete with 470km out of the total 580km of the road now opened to
traffic, a move which has been .
<https://bullszimbabwe.com/harare-beitbridge-highway-80pc-complete/> Read
more >
Major boost for industrialisation
BY harnessing its abundant natural resources and through collaborative
partnerships between governments, Africa can wean itself from depending on
foreign countries and accelerate its industrialisation and modernisation
through value addition .
<https://bullszimbabwe.com/major-boost-for-industrialisation/> Read more >
Exporting raw materials, a colonial legacy to be broken
African countries must use the African Continental Free Trade Area (AfCFTA)
to break the colonial legacy of exporting raw materials and importing
finished goods, a senior official with the Intra-African .
<https://bullszimbabwe.com/exporting-raw-materials-a-colonial-legacy-to-be-b
roken/> Read more >
Afreximbank launches revolutionary US$1 bln scheme
Africa's quest for increased integration and economic prosperity received a
major boost this week following the launch of the Afreximbank African
Collaborative Transit Guarantee Scheme (AACTGS) at the ongoing Intra-Africa
.
<https://bullszimbabwe.com/afreximbank-launches-revolutionary-us1-bln-scheme
/> Read more >
Property.co.zw unveils inaugural Zimbabwe Real Estate Awards
Property.co.zw, the nation's premier property portal boasting an average of
400,000 visitors, has officially launched the first-ever Zimbabwe Real
Estate Awards. This groundbreaking event is poised to be a celebration .
<https://bullszimbabwe.com/property-co-zw-unveils-inaugural-zimbabwe-real-es
tate-awards/> Read more >
NRZ turnaround strategy bearing fruits
The National Railways of Zimbabwe (NRZ) turnaround strategy being
implemented by the newmanagement is bearing fruits as evidenced by debt
clearance of amounts running into billions of US dollars owed .
<https://bullszimbabwe.com/nrz-turnaround-strategy-bearing-fruits/> Read
more >
PSMAS to appoint interim manager
The Premier Service Medical Aid Society (PSMAS) is set to appoint an interim
manager to oversee its operations. This comes at a time when the society is
facing a number .
<https://bullszimbabwe.com/psmas-to-appoint-interim-manager/> 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!
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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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