Bulls n Bears Investors Notebook : 26 October 2023
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Thu Oct 26 07:01:11 CAT 2023
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Bulls n Bears Investors Notebook : 26 October 2023
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Bulls 'n Bears Investors Diary: Today's Events
Stanbic scoops three prestigious awards
STANBIC Bank Zimbabwe scooped three prestigious awards last week-two at the
Banks and Banking Survey sponsored by First Capital Bank and Zimbabwe
Independent-and one at the Contact Centre Association of .
<https://bullszimbabwe.com/> Read more >
SOEs, parastatals bleed Treasury
STATE-OWNED enterprises (SOEs) and parastatals made financial losses running
into millions of US dollars in procurement scams where suppliers received
prepayments without delivering the goods or services, NewsDay Business can .
<https://bullszimbabwe.com/> Read more >
Remove IMTT on transactions, RBZ tells Treasury
THE Reserve Bank of Zimbabwe (RBZ) says the Treasury should consider
removing the Intermediated Money Transfer Tax (IMTT) on digital transactions
to bring into the banking system the over US$2 .
<https://bullszimbabwe.com/> Read more >
Treasury stalls devolution projects: AG
NON-DiSBURSEMENT of devolution funds has led to failure by local authorities
to undertake or complete several development projects, acting
Auditor-General Rheah Kujinga has said. According to a Value for Money .
<https://bullszimbabwe.com/> Read more >
Business pushes for enabling environment
THE Confederation of Zimbabwe Industries (CZI) president Kurai Matsheza has
called on government to create an enabling environment to rescue businesses
that are weighed down by economic headwinds such as .
<https://bullszimbabwe.com/> Read more >
GMB engages Treasury to clear outstanding payments to farmers, transporters
THE Grain Marketing Board (GMB) is negotiating with the Treasury to release
funds to enable it to clear outstanding payments to farmers who delivered
maize and wheat to its various . <https://bullszimbabwe.com/> Read more >
'Agricultural sector not immune to sanctions'
THE Grain Marketing Board (GMB) has said the illegal sanctions imposed on
the country continue to disadvantage the farming community as the
agriculture sector is hamstrung. The parastatal said the ..
<https://bullszimbabwe.com/> Read more >
National Railways of Zimbabwe key to southern Africa's economy
DESPITE the adverse effects of illegal sanctions imposed on Zimbabwe, the
country through various recapitalisation initiatives is determined to have a
functioning and efficient railway system and National Railways of .
<https://bullszimbabwe.com/> Read more >
Hwange Unit 7 to go off grid
Hwange Thermal Power Station's Unit 7 is expected to be taken off the
national grid for close to 30 days to undergo Class C Maintenance, a
statutory procedure that requires . <https://bullszimbabwe.com/> Read more
>
Reserve Bank of Zimbabwe reduces lending rates
THE Reserve Bank of Zimbabwe (RBZ) has reduced its bank policy rate from 150
percent to 130 percent per annum and noted that currency retentions on
exports shall be standardised . <https://bullszimbabwe.com/> Read more >
Marketers indaba kicks off
THE 14th edition of the Marketers Association of Zimbabwe (MAZ) annual
convention started in Victoria Falls yesterday amid calls for marketers to
embrace new technologies and innovation skills to remain .
<https://bullszimbabwe.com/> Read more >
Government mobilises resources to rehabilitate major highways in
Matabeleland
The Government is mobilising resources to rehabilitate major roads in the
Matabeleland region as it moves ahead with infrastructure development across
the country. In an interview with New Ziana, Transport .
<https://bullszimbabwe.com/> Read more >
Hoarding of goods resurfaces - Industry and Commerce Minister Nyoni
There is a growing tendency of hoarding of goods, to push up prices, among
informal wholesalers and retailers which is worrisome to Government,
according to a senior Cabinet Minister. Most . <https://bullszimbabwe.com/>
Read more >
Unki's PGM production records marginal increase
Platinum group metals (PGM) production at Unki Mine increased marginally by
1 percent to 182 000 ounces' (oz) year-on-year to September 2023, compared
to 179 500 ounces in 2022. PGM . <https://bullszimbabwe.com/> Read more >
ZERA okays US2 cents electricity tariff hike
The Zimbabwe Energy Regulatory Authority (ZERA) has approved an increase in
electricity tariffs of US2 cents, which takes immediate effect. ZERA board
chairperson, Dr David Madzikanda, made the announcement during .
<https://bullszimbabwe.com/> Read more >
INVESTORS DIARY 2023
Company
Event
Venue
Date & Time
Meikles
AGM
virtual
Thursday November 2 |9am
OK Zimbabwe
AGM
virtual
Thursday November 2 | 3:30pm
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
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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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