Bulls n Bears Investors Notebook : 10 January 2024

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Wed Jan 10 09:33:26 CAT 2024




 

	
 


 

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Bulls n Bears Investors Notebook : 10 January 2024

 

	
 


 <https://www.firstcapitalbank.co.zw/> 

 


 

 


Bulls 'n Bears Investors Diary: Today's Events

 


 

 

 

 

 


 

 

 

 

 


 

 

	
 

Econet extends its rural network coverage

Econet Wireless Zimbabwe has extended its rural geographical network
coverage by rolling out 10 new base stations in previously underserved and
unconnected rural areas in districts across the country. Econet, ..
<https://bullszimbabwe.com/econet-extends-its-rural-network-coverage/> Read
more >

 

 


 

 


 


 

 

Nickel exports surge 103 percent

NICKEL ores and concentrates monthly exports from Zimbabwe grew by 103
percent in November 2023 to US$67,1 million from US$33,1 million as the
global demand for the mineral continues to .
<https://bullszimbabwe.com/nickel-exports-surge-103-percent/> Read more >

 

 

 	

 

 

Govt pushes for positive ROI from SOEs

The Government says it is committed to ensuring maximum returns on
investment from State-owned enterprises (SOEs) by enhancing their
performance as the administration strives to moderate the enterprises' load
on . <https://bullszimbabwe.com/govt-pushes-for-positive-roi-from-soes/>
Read more >

 


 

	 


 

Disco plant work 90 precent complete

MASSIVE progress is being made at the US$1,5 billion Dinson Iron and Steel
Company (Disco) plant in Manhize, Chirumhanzu District in Midlands Province,
where about 90 percent of the works .
<https://bullszimbabwe.com/disco-plant-work-90-precent-complete/> Read more
>

 


 

 
Karo holdings seeks to raise US$260m to fund platinum project

PLATINUM miner Karo Mining Holdings says negotiations to raise US$260
million debt capital to fund the Karo Platinum Project are in progress at a
time when directors are confident that .
<https://bullszimbabwe.com/karo-holdings-seeks-to-raise-us260m-to-fund-plati
num-project/> Read more >

 


 

 

 


 

'Educate SMEs on new tax laws'

There is a need for Small and Medium Enterprise (SME) operators to be
educated on tax literacy for them to have an appreciation of its application
and importance, an official .
<https://bullszimbabwe.com/educate-smes-on-new-tax-laws/> Read more >

 


 

	 

	
Economists bodies sign three-year MoU

The Institute of Certified Chartered Economists (ICCE) and Zimbabwe
Economics Society, (ZES) signed a three-year memorandum of understanding
(MoU) to professionalise the economics profession so that the country has
certified .
<https://bullszimbabwe.com/economists-bodies-sign-three-year-mou/> Read more
>

 

 


 

	 


 

Zulu lithium prepare to resume production

ZIMBABWE focused diversified mining group, Premier African Minerals' chief
executive officer, Mr George Roach says the firm is gearing up to resume
production in early February. The board, he said, .
<https://bullszimbabwe.com/zulu-lithium-prepare-to-resume-production/> Read
more >

 


 

	 


 

 

Family basket skyrockets to ZWL$3,6m

THE cost of the food basket for a family of six has shot to ZWL$3,6 million,
with retailers now charging some goods exclusively in United States dollars
(US$) owing to .
<https://bullszimbabwe.com/family-basket-skyrockets-to-zwl36m/> Read more >

 


 

	 


 

WIZ appoints new leadership

THE Women in Insurance in Zimbabwe (WIZ) has elected FBC Insurance managing
director Alice Shumba as its president, a position she will hold till 2026.
Shumba, who is taking over .
<https://bullszimbabwe.com/wiz-appoints-new-leadership/> Read more >

 


 

	 


 

	 


 

We've enough stocks to meet demand: Millers

Grain Millers Association of Zimbabwe president Tafadzwa Musarara told
NewsDay Business yesterday that the millers were adequately stocked to meet
national demand.THE grain milling industry says it is ready to .
<https://bullszimbabwe.com/weve-enough-stocks-to-meet-demand-millers/> Read
more >

 


 

	 


 

 

Revenue measures review welcome: Economists

ECONOMISTS yesterday commended the government for reviewing the 2024 revenue
measures on route to market, value-added tax and sugar content on beverages,
saying the move will benefit the business and .
<https://bullszimbabwe.com/revenue-measures-review-welcome-economists/> Read
more >

 

 


 

	 


 

Ministry of Transport commits to adopting neglected roads

Government through the Ministry of Transport and Infrastructural
Development, has said will continue to adopt roads mismanaged by local
councils and rural councils and bring them online. These feeder roads .
<https://bullszimbabwe.com/ministry-of-transport-commits-to-adopting-neglect
ed-roads/> Read more >

 

 


 

	 


 

CFI Holdings' Farm and City faces difficult times

Agro - concern, CFI Holdings Limited's retail unit - and group's biggest
business Farm and City Centre (FCC), had a difficult year which saw
depressed performance for the year to .
<https://bullszimbabwe.com/cfi-holdings-farm-and-city-faces-difficult-times/
> Read more >

 

 

 


 

 

 


 

Gold production takes a knock, small miners still dominant

ZIMBABWE'S gold deliveries declined by 14,7 percent last year to 30,1 tonnes
compared to a record high of 35,3 tonnes realised in 2022 official figures
show but small scale miners .  <https://bullszimbabwe.com/> Read more >

 

 

 


 

Tourism among fastest-growing Zim sectors as arrivals surge 42pc

Zimbabwe's tourism receipts bulked by 24 percent to US$272,26 million in the
period to September 2023 from US$219,45 million achieved during the previous
quarter of the same year, largely on . <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 Wisely!

Bulls n Bears 

 

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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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