Bulls n Bears Investors Notebook : 29 February 2024

[Bulls n Bears]

 <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 : 29 February 2024

 

	
 


 <mailto:info at bulls.co.zw> 

 


 

 


Bulls 'n Bears Investors Diary: Today's Events

 


 

 

 

 

 


 

 

 

 

 


 

 

	
 

$5,24 billion worth of Gold-Backed Digital Tokens sold

THE Gold-Backed Digital Tokens (GBDT), known as Zimbabwe Gold (ZiG), on
Tuesday mopped $5,24 billion, the highest in the past week with a total
milligrams of gold purchased during the .
<https://bullszimbabwe.com/524-billion-worth-of-gold-backed-digital-tokens-s
old/> Read more >

 

 


 

 


 


 

 

Global commodity price slump chokes Zimplats

PLATINUM group metals (PGMs) producer Zimplats has been affected by the
global softening of metal prices, which saw the firm incur a 32 percent
revenue drop in the six months .
<https://bullszimbabwe.com/global-commodity-price-slump-chokes-zimplats/>
Read more >

 

 

 	

 

 

SMES present vast opportunities for bigger businesses

Analysts see the small to medium enterprise (SME) sector as a vast
opportunity for businesses to access direct foreign currency into their
earnings. This comes as the country has largely .
<https://bullszimbabwe.com/smes-present-vast-opportunities-for-bigger-busine
sses/> Read more >

 


 

	 


 

Zimbabwe workers feel pinch as local currency plummets

The ongoing depreciation of the Zimbabwe dollar against the US dollar is
squeezing the already strained wallets of many formally employed workers in
the country. Despite being employed, a significant .
<https://bullszimbabwe.com/zimbabwe-workers-feel-pinch-as-local-currency-plu
mmets/> Read more >

 


 

 
Bleak year for Zimbabwe Dollar predicted

With the local currency already facing huge challenges in 2024, economic
research companies are already forecasting a bleak year for the Zimbabwe
Dollar. In their 2024 outlook, Morgan and Co .
<https://bullszimbabwe.com/bleak-year-for-zimbabwe-dollar-predicted/> Read
more >

 


 

 

 


 

Zinwa frets over dwindling dam water levels

(New Ziana) - The Zimbabwe National Water Authority (ZINWA) has urged
farmers to use dam water sparingly to delay the depletion of the resource
that is dwindling due to the .
<https://bullszimbabwe.com/zinwa-frets-over-dwindling-dam-water-levels/>
Read more >

 


 

	 

	
Tanganda Tea Company investments in green energy lower the firm's energy
costs

The investments by Tanganda in green energy have mitigated challenges
emanating from inconsistent availability of power from the national grid and
reduced diesel consumption by generators. The company has invested .
<https://bullszimbabwe.com/tanganda-tea-company-investments-in-green-energy-
lower-the-firms-energy-costs/> Read more >

 

 


 

	 


 

Transformative action across sectors key to achieve SDGs in Africa

Deputy executive secretary programme support at the United Nations Economic
Commission for Africa (ECA) Antonio Pedro, has emphasised the need for
transformative action across key sectors to achieve the Sustainable .
<https://bullszimbabwe.com/transformative-action-across-sectors-key-to-achie
ve-sdgs-in-africa/> Read more >

 


 

	 


 

 

'Low tariffs hurting telecoms industry'

A recent survey - showing that where regional telecoms operators are
charging about US$0.09 per minute for voice calls, Zimbabwean Mobile Network
Operators (MNOs) are charging the equivalent of less .
<https://bullszimbabwe.com/low-tariffs-hurting-telecoms-industry/> Read more
>

 


 

	 


 

Timb establishes transporters framework

THE Tobacco Industry and Marketing Board (Timb) has put in place a
transporters framework to protect growers from unscrupulous carriers during
the marketing season which kicks off next month. The .
<https://bullszimbabwe.com/timb-establishes-transporters-framework/> Read
more >

 


 

	 


 

	 


 

Stanbic launches innovative programme to prop up SMEs

LEADING financial services institution Stanbic Bank has launched an
innovative programme aimed at propping up the operations and welfare of
small to medium enterprises (SMEs). Named "Rise Above Incubator Programme",
.
<https://bullszimbabwe.com/stanbic-launches-innovative-programme-to-prop-up-
smes/> Read more >

 


 

	 


 

Gold Leaf Tobacco: SARS claims billions from Sasfin in Rudland money
laundering debacle

In a novel case filed at the Gauteng Division of the High Court just before
Christmas 2023, the SA Revenue Service aims to hold Sasfin Bank Limited
liable for billions .
<https://bullszimbabwe.com/gold-leaf-tobacco-sars-claims-billions-from-sasfi
n-in-rudland-money-laundering-debacle/> Read more >

 

 


 

	 


 

Zim debt now about US$23 billion

European Union (EU) Ambassador to Zimbabwe Jobst von Kirchman says the
country now owes US$18,7 billion in external debt, placing its total public
debt to about US$23 billion. As of .
<https://bullszimbabwe.com/zim-debt-now-about-us23-billion/> Read more >

 

 


 

	 


 

Mthuli calls for open borders in Africa

FINANCE minister Mthuli Ncube has urged African countries to eliminate
barriers at all points of entry and departure to drive intra-African trade
and industrial development. In his remarks at the .
<https://bullszimbabwe.com/mthuli-calls-for-open-borders-in-africa/> Read
more >

 

 

 


 

 

 


 

Zim debt set to balloon. as Treasury borrows to finance budget gap

ZIMBABWE is set to finance its 2024 total budget financing gap of ZWL$9,2
trillion through domestic and external borrowing, a development that will
further sink the country deep into debt. .
<https://bullszimbabwe.com/zim-debt-set-to-balloon-as-treasury-borrows-to-fi
nance-budget-gap/> Read more >

 

 

 


 

Microfinance players urged to be innovative

THE Zimbabwe Association of Microfinance Institutions (Zamfi) has urged
players in the sector to be innovative and introduce new products that are
designed as low risk and have high returns .
<https://bullszimbabwe.com/microfinance-players-urged-to-be-innovative/>
Read more >

 

 

	
 

	
 


 

INVESTORS DIARY 2024

 


Company

Event

Venue

Date & Time

 


 

 


 

 

 

 

 


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

 

									

 

 

 

 

-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20240229/e68d57d0/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/20240229/e68d57d0/attachment-0001.png>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: oledata.mso
Type: application/octet-stream
Size: 130921 bytes
Desc: not available
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20240229/e68d57d0/attachment-0001.obj>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image004.jpg
Type: image/jpeg
Size: 29356 bytes
Desc: not available
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20240229/e68d57d0/attachment-0001.jpg>