Bulls n Bears Investors Notebook : 26 August 2024
Bulls n Bears
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Mon Aug 26 11:44:11 CAT 2024
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Bulls n Bears Investors Notebook : 26 August 2024
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Bulls ‘n Bears Investors Diary: Today’s Events
ZERA crafts framework for rural fuel retail sites
THE Zimbabwe Energy Regulatory Authority (ZERA) has developed guidelines for the establishment of containerised rural fuel service stations to improve access to the commodity across the country. According to ZERA’s … <https://t.co/TSCYAT10g6> Read more »
Dandemutande, partners US company
INTERNET service provider, Dandemutande, has entered into a strategic partnership with leading technology firm Oracle Cloud Infrastructure (OCI) that will see the US entity providing its comprehensive suite of cloud … <https://t.co/CfAEeCMzMv> Read more »
16 Zim firms exhibit at Maputo trade fair
Sixteen Zimbabwean businesses are exhibiting at the largest exhibition in Mozambique, which opens today in Maputo. The Maputo International Trade Fair (FACIM), which is running from August 26 to 1 … <https://t.co/n2kUPEW3xG> Read more »
Diaspora businessman invests over US$200k to Establish Lanyula Cultural Village in Rural Zimbabwe
SENIOR Government and traditional leaders yesterday visited Lanyula Cultural Village in Hwange’s Lubangwe area, to assess progress in the construction of the massive tourism facility that is expected to change … <https://t.co/seFE7q1XRD> Read more »
IDBZ approves proposed 5MW Gutu solar power plant
THE Infrastructure Development Bank of Zimbabwe (IDBZ) has approved the proposed 5 megawatts Gutu Solar Power Generation Plant. The project development started with the signing of Memorandum of Understanding in … <https://t.co/vlirzuD5Zd> Read more »
Bulawayo launches MSME directory
IN a move meant to enhance access to services, the Ministry of Women Affairs, Community, Small and Medium Enterprises Development has launched the Micro, Small and Medium Enterprises (MSME) Service … <https://t.co/VcHfdAscwc> Read more »
Solar project to transform Gwanda water, sewer treatment plants
A businessman born in Gwanda District has engaged the Municipality of Gwanda to install a solar-powered system at the town’s sewer and water treatment plants, a development that will finally … <https://t.co/tXV2eFFuir> Read more »
Econet modernises 1 000+ sites with 4G high capacity base stations
Econet Wireless Limited says its network modernisation programme has been enhanced by strategic partnerships with key equipment vendors with over 1 000 sites modernised with 4G high-capacity base stations. An … <https://t.co/gRUcsFnSYh> Read more »
Local investors need incentives too
PRESIDENT Emmerson Mnangagwa on Friday presided over the groundbreaking ceremony of the US$300 million Hills Luxury Golf Estate in Harare. The mixed live, work, shop and play luxury lifestyle estate … <https://t.co/KvLtT6KgIu> Read more »
ED hails WestProp
PRESIDENT Emmerson Mnangagwa has commended WestProp (Private) Limited, one of the country’s leading property investment and development companies, for investing US$280 million in The Hill Luxury Golf Estate project. The … <https://t.co/BxyVv2Ma4h> Read more »
Invictus Energy changes designation to developer
Mukuyu is part of the drilling site where Invictus is conducting its oil and gas operations in the Muzarabani District of Mashonaland Central province.AUSTRALIAN energy firm, Invictus Energy Limited, has … <https://t.co/kWFYcVanan> Read more »
Empowering the next-gen: Financial literacy for children
Did you know that financial habits are often formed by the age of seven? A study by the University of Cambridge highlights this startling fact and emphasizes the urgent need … <https://t.co/vLynVZbWIx> Read more »
Zimplats takes massive 96% hit to profit after tax in FY24
The drop is from a comparative of US$205,46 million earned last year.PLATINUM group metals miner (PGMs), Zimplats Holdings Limited, has recorded a 96% drop in profit after tax to US$8,22 … <https://t.co/ftys1G7rg1> Read more »
POSB hunts for US$10 million to support key economic sectors
POSB, one of Mutapa Investment’s subsidiaries, is hunting for an additional US$10 million line of credit to finance critical sectors of the economy, it has been learnt. This comes on … <https://t.co/LY0pvfTh5p> Read more »
Powerspeed consolidates shares
Trading of Powerspeed Electrical’s pre-consolidation shares on the Over the Counter (OTC) will end on September 13, 2024 and new post consolidation certificates will be issued to replace the current … <https://t.co/KjjtkIkZMX> Read more »
Creeping parallel market, a reflection of policy not USD shortage Economy Uncensored with
In June 2024, the Reserve Bank of Zimbabwe (RBZ) declared that it would no longer provide foreign exchange (forex) to companies that already possess nostro balances. This move, highlighted in … <https://t.co/jY7nmWldzK> 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.
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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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