Bulls n Bears Investors Notebook : 08 April 2024

Mon Apr 8 10:33:25 CAT 2024

 <http://www.bullszimbabwe.com> Bullszimbabwe.com
<mailto:info at bulls.co.zw?subject=View%20and%20Comments> Views & Comments
<https://bullszimbabwe.com/category/blogs/bullish-thoughts/> Bullish
Thoughts        <http://www.twitter.com/BullsBears2010> Twitter
<https://www.facebook.com/BullsBearsZimbabwe> Facebook
<http://www.linkedin.com/pub/bulls-n-bears-zimbabwe/57/577/72> LinkedIn
<https://chat.whatsapp.com/CF6wllAfScU9Wr6dXxoQnO> WhatsApp
<mailto:bulls at bullszimbabwe.com?subject=Unsubscribe> Unsubscribe

Bulls n Bears Investors Notebook : 08 April 2024

 <mailto:info at bulls.co.zw> 

Bulls 'n Bears Investors Diary: Today's Events

Export earnings retention maintained at standardised 75pc

THE Reserve Bank of Zimbabwe (RBZ) has maintained the export earnings
retention threshold for all businesses, except small-scale miners, at a
standardised 75 percent. Last year, the central bank increased .
<https://bullszimbabwe.com/> Read more >

RBZ satisfied with currency switch progress

The Reserve Bank of Zimbabwe (RBZ) on Saturday noted satisfactory progress
made by some financial institutions in migrating their systems from the
Zimbabwe dollar to Zimbabwe Gold (ZiG), the country's .
<https://bullszimbabwe.com/> Read more >

39 103 gold coins sold as at March 31

A total of 39 103 gold coins of various denominations with a cumulative
value of $63,47 billion and US$0,8 million, had been sold as of March 31,
2024, with the . <https://bullszimbabwe.com/> Read more >

Government approves new power storage system

THE Government has approved the introduction of the Utility-Scale Battery
Storage System (USBSS), also known as the large-scale or grid-scale battery
storage. The system, according to a statement by the .
<https://bullszimbabwe.com/> Read more >

Fastjet in forced landing at Victoria Falls

A FASTJET plane was forced to land soon after takeoff in Victoria Falls on
Saturday. According to a statement by the airline, flight FN8006 from
Victoria Falls to Harare experienced . <https://bullszimbabwe.com/> Read
more >

Follow laid down rules, miners urged

The Government has urged miners to operate within the confines of the law
and have all the necessary paperwork needed before commencing mining
operations. Zimbabwe's mining sector plays a very .
<https://bullszimbabwe.com/> Read more >

Minister calls for Beitbridge- Victoria Falls route rehab

THE Minister of State for Provincial Affairs and Devolution in Bulawayo,
Judith Ncube has implored the Zimbabwe National Road Administration (Zinara)
in its future projects to consider the Beitbridge-Bulawayo-Victoria Falls .
<https://bullszimbabwe.com/> Read more >

Ecobank successfully hosts Open Market Day and Exhibition

Ecobank Zimbabwe board member Promise Ncube said Elevate is a gender-based
financing programme aimed at advancing the entrepreneurial spirit of
women.Ecobank Zimbabwe last week successfully hosted its Open Market Day .
<https://bullszimbabwe.com/> Read more >

MedTech gross profit down 16%

PRIVATE equity firm BridgeFort Capital Limited says sales at its subsidiary
MedTech declined by 2% during the financial year ended December 2023, while
gross profit fell 16% due to a .  <https://bullszimbabwe.com/> Read more >

'VFEX move positions Edgars for regional fame'

CLOTHING manufacturer and retailer, Edgars Stores Limited, says the move to
list on the Victoria Falls Stock Exchange (VFEX) positions it for greater
regional prominence and opportunities. The group listed ..
<https://bullszimbabwe.com/> Read more >

Annual inflation seen below 5%

ZIMBABWE'S annual inflation - currently sitting at 55,3% -is seen falling to
below 5% once the supplementary support measures in the new monetary policy
framework have been implemented, Reserve Bank . <https://bullszimbabwe.com/>
Read more >

WestProp unveils US$174 million for projects

WESTPROP Holdings Limited says it has US$174 million worth of projects in
the pipeline as it continues with its quest to provide luxurious and decent
housing within Zimbabwe's built environment. .  <https://bullszimbabwe.com/>
Read more >

Govt to computerise register of mining

THE Government has crafted a Bill that will introduce computerisation of
Zimbabwe's register of mining rights and titles as the country seeks to
improve administration of these records and avoid ..
<https://bullszimbabwe.com/> Read more >

Telcos bemoan low investment as service declines

THE Telecommunications Operators Association of Zimbabwe (Toaz) says the
sector urgently need investment to boost coverage amid poor service
delivery. Over the past few months, mobile users have experienced declining
. <https://bullszimbabwe.com/> Read more >

CZI gets US$2,5m Swedish boost

THE Confederation of Zimbabwe Industries (CZI) will get US$2,5 million
(SEK25 million) from the Swedish government to support its efforts to
transform the local industry. CZI has been implementing a .
<https://bullszimbabwe.com/> Read more >

FBC Holdings loan book reflects Zim's consumption dilemma

As the global economy continues to grapple with the impact of inflation and
depreciating currencies, Zimbabwe finds itself in the throes of a
consumption crisis, as evidenced by the swelling .
<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

-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20240408/18de3e52/attachment-0001.html>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image001.png
Type: image/png
Size: 34378 bytes
Desc: not available
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20240408/18de3e52/attachment-0001.png>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image002.jpg
Type: image/jpeg
Size: 29359 bytes
Desc: not available
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20240408/18de3e52/attachment-0001.jpg>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: oledata.mso
Type: application/octet-stream
Size: 130917 bytes
Desc: not available
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20240408/18de3e52/attachment-0001.obj>