Bulls n Bears Investors Notebook : 17 October 2023
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Tue Oct 17 09:45:51 CAT 2023
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Bulls n Bears Investors Notebook : 17 October 2023
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Bulls 'n Bears Investors Diary: Today's Events
VFEX trades jump 18pc on growing confidence
THE value of shares traded on the Victoria Falls Stock Exchange (VFEX)
Direct platform increased by 18 percent to US$52,2 million in the four
months to August 2023, a development .
<https://bullszimbabwe.com/vfex-trades-jump-18pc-on-growing-confidence/>
Read more >
Ministers find 'no mercy' from cash crunch
African finance ministers appealed for help and "common humanity" in their
fight against a vicious funding squeeze caused by mistakes its politicians
blame on wealthy countries, which the Israel-Hamas war .
<https://bullszimbabwe.com/ministers-find-no-mercy-from-cash-crunch/> Read
more >
ZMX mulls admitting horticultural products
THE Zimbabwe Mercantile Exchange (ZMX) will add horticultural produce to the
list of commodities traded on the agricultural produce-focused exchange once
the key supporting infrastructure has been put in place. .
<https://bullszimbabwe.com/zmx-mulls-admitting-horticultural-products/> Read
more >
African Sun expands property portfolio
Hospitality group African Sun Limited is moving to expand its real estate
portfolio by investing in a residential development cluster, as it seeks to
diversify risk and consolidate its position .
<https://bullszimbabwe.com/african-sun-expands-property-portfolio/> Read
more >
Zimbabwe, Tanzania ease importation of cars from Dar es Salaam
TANZANIA has opened an office for the Tanzania Ports Authority (TPA) in
Zimbabwe which will assist in the importation of cars and other goods from
the ocean-linked country. Hitherto, Zimbabweans .
<https://bullszimbabwe.com/zimbabwe-tanzania-ease-importation-of-cars-from-d
ar-es-salaam/> Read more >
Zida goes digital
THE Zimbabwe Investment and Development Agency (Zida) has gone digital as it
promotes investment in different sectors of the economy. The agency has
already launched match-making platforms for the mining .
<https://bullszimbabwe.com/zida-goes-digital/> Read more >
Government explains how communities will benefit from Lake Gwayi Shangani
MATABELELAND North provincial taskforce chairperson on Lake Gwayi Shangani
Chief Engineer Charles Makhula has taken stakeholders through technicalities
of operationalising Lake Gwayi Shangani. AT stakeholders meeting in Lupane
on Monday, .
<https://bullszimbabwe.com/government-explains-how-communities-will-benefit-
from-lake-gwayi-shangani/> Read more >
PPC Zimbabwe managing director Masiyane steps down
PRETORIA Portland Cement (PPC) Zimbabwe Limited has announced the
resignation of managing director, Mr Kelibone Masiyane. Mr Albert Sigei has
since been appointed to replace him with effect from 1 .
<https://bullszimbabwe.com/ppc-zimbabwe-managing-director-masiyane-steps-dow
n/> Read more >
Tiger Wheel and Tyre opens branch in Gweru
THE city of Gweru in the Midlands Province is reaping rewards from the
Second Republic's mantra "Zimbabwe is open for business" following the
opening of a US$250 000 workshop by .
<https://bullszimbabwe.com/tiger-wheel-and-tyre-opens-branch-in-gweru/> Read
more >
FCB to internally finance new head office construction
Victoria Falls Stock Exchange (VFEX)-listed First Capital Bank says
construction of the new head office in Borrowdale, Harare, will be financed
from internal resources as the bank has a rolling .
<https://bullszimbabwe.com/fcb-to-internally-finance-new-head-office-constru
ction/> Read more >
Cross speaks on use of local currency
Last week I wrote 2000 words on why it was not in our national interest to
continue with the use of foreign currencies for domestic settlement. I
thought the case .
<https://bullszimbabwe.com/cross-speaks-on-use-of-local-currency/> Read more
>
Tourism sector has huge potential to drive economic growth and development
Government is committed to facilitating investment in the tourism and
hospitality industry as it has immense potential to drive economic growth
and development of the country, a Cabinet Minister said .
<https://bullszimbabwe.com/tourism-sector-has-huge-potential-to-drive-econom
ic-growth-and-development/> Read more >
Allied Timbers targets regional projects, higher value addition
ZIMBABWE'S giant timber producer and distributor, Allied Timbers Zimbabwe
Private Limited, is targeting to tap into more lucrative supplies within
southern Africa and beyond while scaling up value addition to .
<https://bullszimbabwe.com/allied-timbers-targets-regional-projects-higher-v
alue-addition/> Read more >
National LPG gas consumption hits 44,29m kgs
Liquefied Petroleum Gas (LPG) consumption in Zimbabwe increased by seven
percent to 44,29 million kg in the first eight months of 2023 compared to
41,29 million kgs in the comparative .
<https://bullszimbabwe.com/national-lpg-gas-consumption-hits-4429m-kgs/>
Read more >
AFC pushes for agric sector value-addition
AFC Holdings group chief executive officer Francis Macheka says there is a
need to focus on value-addition on agriculture products because it offers
opportunities for agribusiness development. Agriculture contributes between
. <https://bullszimbabwe.com/afc-pushes-for-agric-sector-value-addition/>
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
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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
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whatsoever for any loss howsoever arising from any use of this report or its
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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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