Bulls n Bears Investors Notebook : 04 April 2024

Thu Apr 4 09:05:34 CAT 2024

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Bulls n Bears Investors Notebook : 04 April 2024

 <mailto:info at bulls.co.zw> 

Bulls ‘n Bears Investors Diary: Today’s Events

Hwange engages Chinese firm to rebuild coke battery

Hwange Colliery Company Limited has contracted a Chinese company to rebuild
its coke oven battery, which was decommissioned in 2014 due to high
operational costs. The refurbishment of Hwange Colliery 

<https://bullszimbabwe.com/> Read more »

Tobacco firm BAT hires new MD

TOBACCO firm British American Tobacco Zimbabwe (BAT) has appointed Ken
Gitonga as new managing director as the firm seeks to implement effective
business strategies to navigate the “oscillating” economic environment. 

<https://bullszimbabwe.com/> Read more »

OK Zim launches grand challenge

LEADING retail behemoth OK Zimbabwe yesterday launched the 35th edition of
the grand challenge, with a purse valued at over US$1 million and supported
by over 40 different local brands. 
 <https://bullszimbabwe.com/> Read more
»

Zim seeks US$2b to avert famine

PRESIDENT Emmerson Mnangagwa on Wednesday extended the begging bowl to raise
over US$2 billion to avert starvation in Zimbabwe after declaring the El
Niño-induced drought a state of disaster. The 

<https://bullszimbabwe.com/> Read more »

Masholds turns focus on development projects

LISTED property concern Mashonaland Holdings (Masholds) says its primary
goal for this year will be to finish the ongoing real estate development
projects that are a part of its diversification 

<https://bullszimbabwe.com/> Read more »

Legislators want directors of failed banks barred from opening new ones

The Depositors Protection Act should be amended to provide for executives
and directors of failed banks to be barred from opening new ones and running
for public office, according to 

  <https://bullszimbabwe.com/> Read more »

Caledonia targets to ramp up gold production to 250 000 ounces annually

One of the largest mining firms in Zimbabwe, Caledonia Mining Corporation,
is eyeing to produce 250 000 ounces of gold per year, pivoting on the
multi-assets thrust it has undertaken 
  <https://bullszimbabwe.com/> Read
more »

Auditors flag non – compliance despite robust financial position

Proplastics, a company operating within the plastics industry, seems to be
in a robust financial position, showcasing growth across various key metrics
including revenue, profitability and equity. The company has 

<https://bullszimbabwe.com/> Read more »

‘Good work ethic, humility, respect and integrity key’

INDUSTRY and Commerce Minister, Mangaliso Ndlovu yesterday implored
departments under the ministry to align with the expectations of President
Mnangagwa of high work ethic, humility, respect and integrity to meet 

<https://bullszimbabwe.com/> Read more »

NRZ intensifies estate verification exercise

THE National Railways of Zimbabwe (NRZ) is intensifying its estate
verification exercise, giving individuals and entities occupying or
possessing properties registered under NRZ without a valid lease agreement
or authorised 
 <https://bullszimbabwe.com/> Read more »

NSSA southern region scoops awards

THE National Social Security Authority (NSSA) Matabeleland region won two
accolades last week where its regional manager was recognised as the most
influential young business leader in Zimbabwe and the 

<https://bullszimbabwe.com/> Read more »

FBC to wrap up StanChat acquisition by mid-year

FBC Holdings (FBCH) Limited expects to complete the acquisition of 100
percent shareholding in Standard Chartered Bank Zimbabwe Limited in the
second half of the year as it has received 
  <https://bullszimbabwe.com/>
Read more »

Local platinum producers call for review of forex retention threshold

Zimbabwe’s platinum companies are lobbying for an increase in the amount of
foreign currency they can retain from their earnings, it has been learnt.
This request comes amidst a global 
 <https://bullszimbabwe.com/> Read more
»

Standard Chartered Zimbabwe sale to FBC Holdings nears completion

The acquisition of Standard Chartered Zimbabwe by FBC Holdings is on track
and is expected to be finalised by June of this year, according to a
statement released by Standard 
  <https://bullszimbabwe.com/> Read more »

BAT in full year 2023 volume decline

British American Tobacco (BAT) reported a 5 percent decline in total volume,
marking a shift from 1,054 million sticks to 1,003 million sticks compared
to the previous year, according to 
 <https://bullszimbabwe.com/> Read more
»

Econet’s reunion with EcoCash’s fintech businesses a strategic move

Zimbabwe Stock Exchange listed entity, Econet Wireless Zimbabwe (Econet),
has released more details of its intention to reacquire the financial
technology (fintech) businesses it demerged to EcoCash Holdings in 2018. 

<https://bullszimbabwe.com/> Read more »

INVESTORS DIARY 2024

Company

Event

Venue

Date & Time

Independence Day

April 18

Workers day

1 May

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 Cellphone:            +263 71 944 1674 | +27 79 993 5557 

Email:               bulls at bullszimbabwe.com

Website:            www.bullszimbabwe.com 

Blog:                 www.bullszimbabwe.com/blog

Twitter (X):        @bullsbears2010

LinkedIn:           Bulls n Bears Zimbabwe

Facebook:          www.facebook.com/BullsBearsZimbabwe

Skype:         Bulls.Bears 

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.

 (c) 2024 Web: www.bullszimbabwe.com Email: bulls at bullszimbabwe.com Tel: +27
79 993 5557 | +263 71 944 1674

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