Bulls n Bears Investors Notebook : 16 August 2024

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Bulls n Bears Investors Notebook : 16 August 2024

 

	
 


 <mailto:info at bulls.co.zw> 

 


 

 


Bulls ‘n Bears Investors Diary: Today’s Events

 


 

 

 

 

 


 

 

 

 

 


 

 

	
 

Bulawayo to host exporters conference

BULAWAYO is set to host a week-long Exporters Conference organised by ZimTrade with the aim of enhancing dialogue and connecting policy-makers and business leaders across various sectors. The annual event … <https://bullszimbabwe.com/bulawayo-to-host-exporters-conference/> Read more »

 


 

                                                                                                                                                                 

 


 

Government tackles transit fuel fraud head-on

GOVERNMENT has introduced new regulations that will see fuel being transported through Zimbabwe to other countries paying duty and levies upon entry to minimise cases of transit fraud. However, the … <https://bullszimbabwe.com/government-tackles-transit-fuel-fraud-head-on/> Read more »

 


 

 

Standard Bank Group adopts US$ financial reporting for Zim unit

SOUTH AFRICAN financial services firm, Standard Bank Group Limited, is abandoning hyperinflationary reporting for its local subsidiary, Stanbic Bank Zimbabwe, after adopting the greenback as the entity’s reporting currency despite …  <https://bullszimbabwe.com/standard-bank-group-adopts-us-financial-reporting-for-zim-unit/> Read more »

 

 


 

	 


 

Tanganda drops Ernst & Young as auditors

TEA producer, Tanganda Tea Company Limited, has dropped Ernst & Young Chartered Accountants Zimbabwe as its auditors over differences regarding the interpretation of hyperinflationary financial reporting. In January, Deloitte & … <https://bullszimbabwe.com/tanganda-drops-ernst-young-as-auditors/> Read more »

 


 

 
Old Mutual’s O’mari launches home insurance solution

This innovative offering is designed to provide affordable and accessible insurance for homeowners.O’MARI, the fintech subsidiary of Old Mutual Zimbabwe, has announced the launch of its new digital-first, low-cost home … <https://bullszimbabwe.com/old-mutuals-omari-launches-home-insurance-solution/> Read more »

 


 

 

 


 

Tongaat Hulett to be sold as a going concern to Vision Investments

Sugar producer Tongaat Hulett has confirmed that it will be sold as a going concern to Vision Investments following the rejection of a proposed debt-to-equity swap by shareholders at a … <https://bullszimbabwe.com/tongaat-hulett-to-be-sold-as-a-going-concern-to-vision-investments/> Read more »

 


 

	 

	
Nampak battles drought, power cuts and competition

LISTED packaging products maker, Nampak Holdings Limited says its third-quarter performance to June 2024 was adversely affected by the effects of an El Nino-induced drought. According to Nampak, group revenue … <https://bullszimbabwe.com/nampak-battles-drought-power-cuts-and-competition/> Read more »

 


 

	 


 

Gatekeepers of business: How frontline staff shape customer experiences

I have had a challenging week dealing with the gatekeepers of business. It began with a visit to a supermarket where the till operator seemed more interested in continuing their …  <https://bullszimbabwe.com/gatekeepers-of-business-how-frontline-staff-shape-customer-experiences/> Read more »

 


 

	 


 

 

Shelter Afrique Development Bank: Govt to increase shareholding to 5pc

The Government says it is seeking to increase its shareholding in Shelter Afrique Development Bank (ShafDB), a Pan-African institution to 5 percent from the current 1,6 percent to allow private …  <https://bullszimbabwe.com/shelter-afrique-development-bank-govt-to-increase-shareholding-to-5pc/> Read more »

 


 

	 


 

 

De-dollarisation roadmap complete, but . . .

The Government has completed its de-dollarisation roadmap as talk of returning to mono-currency is gaining momentum, driven by a desire to reclaim monetary sovereignty and stabilise the economy. However, beneath … <https://bullszimbabwe.com/de-dollarisation-roadmap-complete-but/> Read more »

 


 

                                                                                                                                                                 

 


 

‘Act on budget measures to anchor rate, inflation’

Zimbabwe needs effective implementation of measures proposed in the 2024 mid-term budget review statement to anchor durable stability in the exchange rate and inflation, according to the Confederation of Zimbabwe …  <https://bullszimbabwe.com/act-on-budget-measures-to-anchor-rate-inflation/> Read more »

 


 

 

Govt flags downside risks to 2025 growth projection

The Government has sounded a note of caution on its ambitious 6,5 percent economic growth projection for 2025, highlighting potential risks that could derail the target. The positive growth projection … <https://bullszimbabwe.com/govt-flags-downside-risks-to-2025-growth-projection/> Read more »

 


 

 

 

Austerity measures back on table as Govt seeks to balance books

The Government has outlined a raft of measures including increased taxation, asset sales and the issuance of new securities in order to plug off the projected 2025 budget deficit. In … <https://bullszimbabwe.com/austerity-measures-back-on-table-as-govt-seeks-to-balance-books/> Read more »

 


 

Sadc development fund fails to take off

OPERATIONALISATION of the Southern African Development Community (SADC) Regional Development Fund hangs in the balance years after its establishment on account of mounting challenges including lack of funding by member … <https://bullszimbabwe.com/sadc-development-fund-fails-to-take-off/> Read more »

 


 

 
Unrelenting borrowing pushes Zimbabwe to edge

Zimbabwe is teetering on the brink of a debt crisis as the country’s borrowing binge shows no signs of slowing down, economists have warned. According to official figures, Zimbabwe’s debt … <https://bullszimbabwe.com/> Read more »

 


 

 

ZimTrade to host expanded annual exporters conference

Zimbabwe’s national trade development and promotion agency, ZimTrade plans to host an expanded annual exporters conference in Bulawayo in October this year, an official has said. The event, previously a … <https://bullszimbabwe.com/> Read more »

 

 

	
 

	
 


 

INVESTORS DIARY 2024

 


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

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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.

 


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

 

									

 

 

 

 

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