Bulls n Bears Investors Notebook : 12 October 2023

Thu Oct 12 10:15:39 CAT 2023

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Bulls n Bears Investors Notebook : 12 October 2023

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

Bulls 'n Bears Investors Diary: Today's Events

Make changes to attract FDI, UN tells Zim

The call comes as Finance, Economic Development and Investment Promotion
permanent-secretary George Guvamatanga recently pleaded for development
partners' support as a source of additional funding.THE United Nations (UN)
has advised .  <https://bullszimbabwe.com/> Read more >

Industrialists call for affordable, innovative ways of production

THE need to embrace innovation and ensure easy access to finance as part of
efforts to re-industrialise Bulawayo continues to take centre stage with
industrialists calling for affordable and innovative .
<https://bullszimbabwe.com/> Read more >

Caledonia Mining Corporation surpasses gold production target

VICTORIA Falls Stock Exchange (VFEX)-listed company, Caledonia Mining
Corporation has set a new quarterly gold production record of 21 772 ounces
at Blanket mine, a three percent increase from 21 .
<https://bullszimbabwe.com/> Read more >

Government suspends duty on fertiliser

GOVERNMENT has suspended duty on fertiliser for approved and regulated
importers for a 12-month period, with the Lands, Agriculture, Fisheries,
Water and Rural Resettlement minister tasked to ensure that approved .
<https://bullszimbabwe.com/> Read more >

Sanganai/Hlanganani kicks off

THE annual tourism fair - Sanganai/Hlanganani World Tourism Expo - kicks off
in Bulawayo today where the country's rich heritage and hospitality will be
showcased to local and international buyers. . <https://bullszimbabwe.com/>
Read more >

Land developers slam local authorities over bulk infrastructure provision

Land developers and real estate stakeholders have bemoaned local councils'
failure to provide bulk infrastructure for various ongoing housing
development projects. Real estate players say self-provision of bulk
services by . <https://bullszimbabwe.com/> Read more >

Turnall optimistic on improved product supply

TURNALL Holdings Limited says it is optimistic about improved product supply
and enhanced production efficiencies in the last quarter of 2023 as the
group pursues recapitalisation and expansion drive. This .
<https://bullszimbabwe.com/> Read more >

Kingdom Hotel closure weighs on African Sun earnings

Hospitality group, African Sun Limited, recorded an after tax loss for the
half year to June 30, 2023 of US$1,81 million, primarily attributed to the
challenging macro-economic environment obtaining in .
<https://bullszimbabwe.com/> Read more >

Govt issues US$5 TBs

Government has gone to the market seeking US$5 million through the issuance
of Treasury bills (TBs) with a maturity yield of 90 days. The money is meant
for Government programmes .  <https://bullszimbabwe.com/> Read more >

Priscilla Mutembwa takes helm as CEO of Cottco

Cottco Holdings Limited (Cottco) has announced the appointment of Priscilla
Mutembwa as the new Chief Executive Officer (CEO) of the group, effective
October 1, 2023. Mutembwa, an illustrious leader with .
<https://bullszimbabwe.com/> Read more >

Gas and petroleum observed in Muzarabani's Mukuyu-2

An Australian firm hunting for oil and gas in Muzarabani, Invictus Energy,
yesterday released news regarding the ongoing drilling of its Mukuyu-2 well,
which is being used to explore hydrocarbon  <https://bullszimbabwe.com/>
Read more >

TN Asset Management bags big on Econet, EcoCash rights issue

Listed firms, Econet Wireless and EcoCash Holdings announced that they have
completed their rights issues which saw both offers being fully subscribed.
In a circular to shareholders, Econet Wireless said, .
<https://bullszimbabwe.com/> Read more >

23 Zim firms showcase products at 2023 Global Expo Botswana

At least 23 local companies drawn from different sectors of the economy are
exhibiting their goods and services at the 2023 Global Expo Botswana and
seek to leverage the platform . <https://bullszimbabwe.com/> Read more >

Gold prices slump in September

Gold prices declined 3,7 percent in September, with the bulk of the move
occurring during the last three days of the month. "We attribute gold's
challenging month to an extensive .  <https://bullszimbabwe.com/> Read more
>

Relief for pensioners as regulator approves compensation

Pensioners who lost their savings between the period 2000 and 2009 will
start receiving compensation commencing March 2024, the Insurance and
Pensions Commission (IPEC) has said. This follows a long .
<https://bullszimbabwe.com/> Read more >

INVESTORS DIARY 2023

Company

Event

Venue

Date & Time

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 

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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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