Bulls n Bears Investors Notebook : 11 January 2024

Thu Jan 11 07:33:45 CAT 2024

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Bulls n Bears Investors Notebook : 11 January 2024

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

Bulls ‘n Bears Investors Diary: Today’s Events

Karo plans to raise US$260m capital

The firm is developing the Karo Platinum Project in Zimbabwe, covering 23
903 hectares located within the Great Dyke in the Mashonaland West
province.PLATINUM miner Karo Mining Holdings plans to 

<https://bullszimbabwe.com/> Read more »

Mealy bugs hit some tobacco farms

KUTSAGA says sporadic incidences of mealy bugs have been reported in
Mashonaland Central’s Mt Darwin, Shamva, Mhangura and other areas in
Manicaland province this farming season. Mealy bugs are white 

<https://bullszimbabwe.com/> Read more »

Kadoma residents fume over waste

KADOMA residents have accused their local authority of failing to establish
an effective waste management system in the mining town. They said the
city’s poor waste management system had resulted 

<https://bullszimbabwe.com/> Read more »

Mozambican bidder pulls out of Tongaat Hulett deal

A bidder for sugarmaker Tongaat Hulett has withdrawn at the last minute,
accusing the business rescue practitioners of being biased. Stock
photo.Mozambican group RGS has pulled out of the race 

<https://bullszimbabwe.com/> Read more »

A call for a massive winter maize crop

GOVERNMENT and private grain millers have assured us that there are enough
staple maize stocks to avert possible hunger in the wake of the El Niño
weather phenomenon which is 
 <https://bullszimbabwe.com/> Read more »

VAT exemptions won’t affect revenue collection

AN economist has said the Government’s projected 2024 revenue derived from
taxes will not be heavily impacted by the recent fine-turning of Value Added
Tax (VAT) on some basic goods 
 <https://bullszimbabwe.com/> Read more »

Mining ,agriculture remain key to macro-economic growth

MINING and agriculture will remain major economic mainstays anchoring
Zimbabwe’s macro-economic growth this year, driven by continued investments
in the two sectors, economic commentators have said. Over the years, mining

 <https://bullszimbabwe.com/> Read more »

Zimbabwe family basket goes down in USD

ZIMBABWE’s food basket for a family of six has gone down in US dollar terms
to US$440 from US$495 of last month while in local currency, the basket
increased by 
 <https://bullszimbabwe.com/> Read more »

Prospect Lithium Zim charms Govt

THE Government is excited by the socio-economic transformation that Prospect
Lithium Zimbabwe has brought in Goromonzi District, Mashonaland East
Province since the development of the company’s project a few years 

<https://bullszimbabwe.com/> Read more »

Tobacco sector upbeat for a promising season

Zimbabwe’s tobacco industry is poised for another potentially positive
season, following a historic crop yield in 2023, the Tobacco Industry and
Marketing Board (TIMB) said. In an interview, acting chief 

<https://bullszimbabwe.com/> Read more »

‘ICT to drive economic growth under NDS1’

Analysts are increasingly optimistic about the potential of Information and
Communication Technology (ICT) to drive economic growth and development,
with many believing that it will be a key driver of 

<https://bullszimbabwe.com/> Read more »

People disqualified from insolvency practice

Introduction I refer to my previous articles on corporate rescue in
Zimbabwe. As explained in those articles corporate rescue in Zimbabwe is
known by other terms such as “business rescue” 

<https://bullszimbabwe.com/> Read more »

New equipment rekindles BNC’s performance

BINDURA Nickel Corporation (BNC) says replacement of the Sub Vertical Rock
(SVR) winder bull gear will shore up the miner’s performance going into
2024. BNC is now anticipating that the 
 <https://bullszimbabwe.com/> Read
more »

First-of-its-kind planners meeting underway

A first-of-its-kind interaction between the country’s planners drawn from
all the 92 local authorities, district, provincial and national level is
currently underway in Harare, as the Second Republic moves to 

<https://bullszimbabwe.com/> Read more »

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/> 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/>
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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