Bulls n Bears Investors Notebook : 29 August 2024
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Thu Aug 29 10:34:08 CAT 2024
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Bulls n Bears Investors Notebook : 29 August 2024
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Bulls ‘n Bears Investors Diary: Today’s Events
EcoCash partners MultiChoice to offer local DStv payments
Zimbabwe’s leading mobile money platform, EcoCash, has partnered with MultiChoice Zimbabwe to offer DStv payment convenience to local subscribers to the pan-African satellite and digital TV provider.The partnership is expected … <https://t.co/ozqqmLDDTF> Read more »
Local coffee production under threat
ADVERSE climate change conditions are posing a threat to local coffee production with projections estimating a decrease of between 300-350 metric tonnes this year, a significant drop from the 450 … <https://t.co/ozqqmLDDTF> Read more »
Property investment fund to list REIT on VFEX
PROPERTY investment fund, Pfuma, is seeking to list its Real Estate Investment Trust (Reit) on the Victoria Falls Stock Exchange (VFex) during this quarter to secure funding for its two … <https://t.co/ozqqmLDDTF> Read more »
Zimbabwe products excite buyers at Maputo trade fair
ZIMBABWEAN products are a prime attraction for buyers at the Maputo International Trade Fair (Facim), underway in Mozambique. The fair, which kicked off on August 26 and ends on September … <https://t.co/ozqqmLDDTF> Read more »
Surge in energy sector investments
ZIMBABWE is attracting a significant increase in energy sector investments, capitalising on the growing electricity demand with many licensed Independent Power Producers nearing the financial closure stage. The financial close … <https://t.co/ozqqmLDDTF> Read more »
Vandalism cost Zesa US$24 million since 2019
POWER utility company, Zimbabwe Electricity Supply Authority (Zesa), has lost critical infrastructure valued at US$24 million from 2019 to date due to vandalism, at a time when it is owed … <https://t.co/ozqqmLDDTF> Read more »
Tourism sector jobs rise above pre-Covid-19 levels
THE country’s tourism industry is poised for a major turnaround amid positive growth in arrivals and bookings, which have seen the sector’s employment levels rising above pre-Covid-19 figures. The global … <https://t.co/ozqqmLDDTF> Read more »
ACBF partners ATAF to elevate African tax systems
THE African Capacity Building Foundation (ACBF) and African Tax Administration Forum (ATAF) have signed a memorandum of understanding (MoU) to elevate Africa’s tax systems and leadership capacity initiatives. ACBF is … <https://t.co/ozqqmLDDTF> Read more »
ZCDC targets 5,7m carats by year end
THE Zimbabwe Consolidated Diamond Company (ZCDC) is targeting to produce 5,7 million carats by year end and double that amount for 2025, after ramping up production. In a statement, ZCDC … <https://t.co/ozqqmLDDTF> Read more »
Surge in exhibitors at Zim Agric Show as Nyusi decries low trade figures
The 114th Zimbabwe Agricultural Show (ZAS) kicked off on a high note this year, with a significant increase in the number of foreign and local exhibitors compared to last year, … <https://t.co/ozqqmLDDTF> Read more »
Zimplats to commission first phase of 185MW solar plant
One of Zimbabwe’s largest mining concern, Zimplats, is poised to commission a 35MW solar power plant in the first quarter of the 2025 fiscal year, marking a significant advancement in … <https://t.co/ozqqmLDDTF> Read more »
Dictating exchange rates hinders economic growth
The official exchange rate currently stands at 13,7 Zimbabwean dollars to US1 dollar, while the black-market rate hovers around 22. Economist professor, Gift Mugano, asserts that the Reserve Bank of … <https://t.co/ozqqmLDDTF> Read more »
Caledonia pumps US$1,5 million into community projects
VICTORIA Falls Stock Exchange (VFex)-listed gold mining group, Caledonia Mining Corporation, says it channelled more than US$1,5 million towards community development projects in 2023 as part of its corporate social … <https://t.co/ozqqmLDDTF> Read more »
Econet wins top honours at the Zimbabwe Agricultural Show
Econet Wireless Zimbabwe, the country’s leading telecommunications and technology company, has won both the Best Overall Stand and Best ICT Exhibitor awards at the 2024 Zimbabwe Agricultural Show (ZAS). The … <https://t.co/ozqqmLDDTF> Read more »
Reimagining agricultural extension for knowledge-driven economies
That implies that it is no longer enough for extension officers to teach farmers how to grow crops or rear livestock because farmers can easily get such advice from diverse … <https://t.co/ozqqmLDDTF> Read more »
Bikita Minerals fuels Zim’s industrialisation drive
BIKITA Minerals is set to invest about US$500 million in a lithium sulphate plant at its mine in a major boost to Zimbabwe’s industrialisation push. This strategic move aligns with … <https://t.co/ozqqmLDDTF> 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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