Bulls n Bears Investors Notebook : 19 February 2024

Mon Feb 19 06:30:19 CAT 2024

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Bulls n Bears Investors Notebook : 19 February 2024

 <mailto:info at bulls.co.zw> 

Bulls ‘n Bears Investors Diary: Today’s Events

Realising ‘smart cities’ concept, a collaborative effort: Expert

MAKING Zimbabwe a smart economy requires collaborative efforts of key
stakeholders with the right policies and frameworks in place, a local
financial advisory firm has said. As Zimbabwe seeks to 

<https://bullszimbabwe.com/realising-smart-cities-concept-a-collaborative-ef
fort-expert/> Read more »

Govt coffers bleed as oversight too ‘cumbersome’ for Treasury

TREASURY’S “value for money” audit to screen exorbitant invoices from
government suppliers is being applied after the contract has been awarded as
it is too cumbersome to undertake the exercise 

<https://bullszimbabwe.com/govt-coffers-bleed-as-oversight-too-cumbersome-fo
r-treasury/> Read more »

ZIDA to double down to drive investments

The Zimbabwe Investment and Development Agency (ZIDA) says it will continue
to foster strong partnerships with key stakeholders to promote investment
processes and ease of doing business. ZIDA is the 

<https://bullszimbabwe.com/zida-to-double-down-to-drive-investments/> Read
more »

Hippo Valley feels effects of unfavourable weather conditions

Hippo Valley Estates (Hippo) says total sugar produced in the quarter to
December 31, 2023, which marks the end of the crushing season, declined 6
percent to 194 684 tonnes 

<https://bullszimbabwe.com/hippo-valley-feels-effects-of-unfavourable-weathe
r-conditions/> Read more »

Local firm, church drag NRZ to Supreme Court

A LOCAL firm Ojei Ventures (Private) Limited and church, Redeemed House of
God, have appealed a High Court ruling that dismissed their application for
spoliation order against the National Railways 

<https://bullszimbabwe.com/local-firm-church-drag-nrz-to-supreme-court/>
Read more »

Africa’s economic growth fell to 3,2pc in 2023: AfDB

The AfDB said political instability and China’s economic slowdown were
compounding the shocks of Covid-19 and Russia’s war in Ukraine. The final
figure for 2023 was below the 3,4 percent 

<https://bullszimbabwe.com/africas-economic-growth-fell-to-32pc-in-2023-afdb
/> Read more »

Ex-FCB boss takes over reins at Jamboo

FORMER chief executive officer (CEO) of First Capital Bank, Ciaran McSharry,
has been appointed CEO of Jamboo, a digital solutions provider co-founded by
Zimbabwean entrepreneur Takwana Tyaranini. Mr Tyaranini is 

<https://bullszimbabwe.com/ex-fcb-boss-takes-over-reins-at-jamboo/> Read
more »

Deloitte Zimbabwe localises ownership

SENIOR partners in Deloitte Zimbabwe have reached an agreement to buy out
the local unit this year, leading to its departure from the existing
Deloitte network. Following the management buyout, 

<https://bullszimbabwe.com/deloitte-zimbabwe-localises-ownership/> Read more
»

FlyNamibia to launch direct flights between Windhoek and Victoria Falls,
boosting Zimbabwe’s regional connectivity

FLYNAMIBIA is expected to launch flights between Windhoek and Victoria Falls
in April, a key element in Zimbabwe’s regional network expansion strategy.
In an update on X, Airports Company of 

<https://bullszimbabwe.com/flynamibia-to-launch-direct-flights-between-windh
oek-and-victoria-falls-boosting-zimbabwes-regional-connectivity/> Read more
»

Premier seeks to raise US$3,15million to fund immediate operations

PREMIER African Minerals is in the market to raise £2,4 million (about
US$3,15 million ) on before expenses at an issue price of 0,275 pence per
new ordinary share to 

<https://bullszimbabwe.com/premier-seeks-to-raise-us315million-to-fund-immed
iate-operations/> Read more »

Bindura Nickel Corporation incurs losses due to lack of production

LISTED major nickel mining concern, Bindura Nickel Corporation (BNC) says
despite facing operational challenges, particularly the prevailing low
nickel price, Trojan Nickel Mine sits on approximately 13,13 million tonnes
of 

<https://bullszimbabwe.com/bindura-nickel-corporation-incurs-losses-due-to-l
ack-of-production/> Read more »

Tanganda market diversification pays off

TANGANDA Tea Company, the largest producer, packer and distributor of tea
products says the diversification of regional markets for packed teas as a
growth strategy has begun to yield positive 

<https://bullszimbabwe.com/tanganda-market-diversification-pays-off/> Read
more »

Focus on sustainability, minister urges business

GOVERNMENT has challenged local businesses to mainstream environmental
sustainability in their operations and respond to changing market dynamics
in line with the increasing consumer awareness and demand for sustainable
products 

<https://bullszimbabwe.com/focus-on-sustainability-minister-urges-business/>
Read more »

Premier, contractors talks break impasse

PREMIER African Minerals Limited, the anchor shareholder of the Zulu lithium
and tantalum project, has pledged to settle outstanding payments to its
contractors, prompting them to resume operations and putting 

<https://bullszimbabwe.com/premier-contractors-talks-break-impasse/> Read
more »

Museum seeks human remains removal from Cyber City

The Zimbabwe National Museums and Monuments has made an application to
Zvimba District Council, seeking permission to remove human remains at the
Cyber City development site in Mt Hampden, a 

<https://bullszimbabwe.com/museum-seeks-human-remains-removal-from-cyber-cit
y/> Read more »

TelOne saddled with US$400 million legacy debt, seeks US$250 million for
network upgrade

TelOne, the country’s fixed-line telecoms operator, is saddled with a US$399
million legacy debt inherited from its predecessor, the Posts and
Telecommunications Corporation (PTC), according to the company’s CEO,
Lawrence 

<https://bullszimbabwe.com/telone-saddled-with-us400-million-legacy-debt-see
ks-us250-million-for-network-upgrade/> Read more »

INVESTORS DIARY 2024

Company

Event

Venue

Date & Time

Robert Gabriel Mugabe Youth Day

Feb 21

Nampak

AGM

Virtual (FTS Platform)

28 Feb 9am

Art

AGM

virtual (escrow platform)

March 7. 2:30

2024 auction tobacco marketing season opens

13 march

Good Friday

march 29

Easter Monday

1 April

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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