Bulls n Bears Investors Notebook : 24 January 2024

Wed Jan 24 08:53:29 CAT 2024

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Bulls n Bears Investors Notebook : 24 January 2024

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

Bulls 'n Bears Investors Diary: Today's Events

Pharmaceutical industry seeks US$10 million

PHARMACEUTICAL industry stakeholders say the sector requires at least US$10
million for recapitalisation and is advocating for the availability of more
affordable finance for the sustenance of sector operations. Lack .
<https://bullszimbabwe.com/pharmaceutical-industry-seeks-us10-million/> Read
more >

Zimborders reviews vehicle toll fees to speed up automation

Zimborders Consortium, which manages Beitbridge Border Post (BBP) has raised
access toll fees for various vehicle categories as it seeks to bolster
border automation and accelerate processing times at the .
<https://bullszimbabwe.com/zimborders-reviews-vehicle-toll-fees-to-speed-up-
automation/> Read more >

Matabeleland South livestock quality improves

THE state of livestock and pastures has greatly improved in Matabeleland
South Province this month following heavy rains affecting most parts of the
country, an official said. Acting Provincial Director .
<https://bullszimbabwe.com/matabeleland-south-livestock-quality-improves/>
Read more >

ZimTrade's Eagles Nest calls for youth entrepreneurs to join fourth season
for mentorship, funding, and global business opportunities

ZIMTRADE, the national trade development and promotion body, is inviting
young entrepreneurs aged 18 to 35 to register for the fourth season of
Eagles Nest, an incubator programme designed to .
<https://bullszimbabwe.com/zimtrades-eagles-nest-calls-for-youth-entrepreneu
rs-to-join-fourth-season-for-mentorship-funding-and-global-business-opportun
ities/> Read more >

Zimbabwe to host 5th Session of Economic Commission for Africa Conference of
African Ministers

ZIMBABWE will next month host the regional 5th Session of the Economic
Commission for Africa (ECA) Conference of African Ministers and the
Government has already started preparations with the setting .
<https://bullszimbabwe.com/zimbabwe-to-host-5th-session-of-economic-commissi
on-for-africa-conference-of-african-ministers/> Read more >

Meikles Limited sees increase in sales

MEIKLES Limited saw a five percent increase in goods sold in its retail
outlet in the three months to November while customers increased by two
percent in the same period, .
<https://bullszimbabwe.com/meikles-limited-sees-increase-in-sales/> Read
more >

Zimbabwe to further promote engagement, re-engagement drive

Zimbabwe will take advantage of the prestigious fifty-sixth session of the
Economic Commission for Africa (ECA) Conference of Africa Ministers of
Finance, Planning and Economic Development set for Victoria Falls .
<https://bullszimbabwe.com/zimbabwe-to-further-promote-engagement-re-engagem
ent-drive/> Read more >

Fall armyworm reported in four provinces

Over 160 hectares have been invaded by the African armyworm in four
provinces so far this year, according to Shingirayi Nyamutukwa, acting
director responsible for migratory pests in the Ministry .
<https://bullszimbabwe.com/fall-armyworm-reported-in-four-provinces/> Read
more >

RBZ allots US$16 million in December 2023

The Reserve Bank of Zimbabwe allotted US$16.1 million in December 2023 as it
continued to support the economy through the foreign currency auction
market. "The sum of US$3 909 195 .
<https://bullszimbabwe.com/rbz-allots-us16-million-in-december-2023/> Read
more >

Ward appointed acting CEO of African Sun

Victoria Falls Stock Exchange (VFEX) listed hospitality group, African Sun,
has appointed Lawrence Ward, as the group's acting chief executive officer
(CEO) with effect from January 20, 2024. His appointment .
<https://bullszimbabwe.com/ward-appointed-acting-ceo-of-african-sun/> Read
more >

Far East propels Zim's tobacco exports

In just three weeks into 2024, Zimbabwe has exported about 22 million
kilogrammes (kg) of tobacco worth US$146 million, according to the latest
figures from the Tobacco Industry and Marketing .
<https://bullszimbabwe.com/far-east-propels-zims-tobacco-exports/> Read more
>

Fish poachers overrun Lake Kariba

THE Zimbabwe Parks and Wildlife Management Authority (ZimParks) has decried
rampant poaching in Lake Kariba especially in protected areas. "Fish
poaching in Lake Kariba exacerbates the challenges at Matusadona National .
<https://bullszimbabwe.com/fish-poachers-overrun-lake-kariba/> Read more >

Dry spell returns: WFP

DRY weather conditions have returned to Zimbabwe and other parts of the
southern African region with a long-range outlook forecasting below-average
rainfall due to the prevailing El Nino weather conditions, .
<https://bullszimbabwe.com/dry-spell-returns-wfp/> Read more >

'Private sector stabilising heath sector'

TRAUMA Centre chief executive Viveki Solanki (pictured) says the private
sector is playing a key role in stabilising the country's teetering health
sector. Solanki made the remarks at the 2023 .
<https://bullszimbabwe.com/private-sector-stabilising-heath-sector/> Read
more >

China-Zimbabwe trade surges by 29.9% in 2023

Trade between China and Zimbabwe has experienced positive growth in recent
years, primarily driven by minerals and tobacco exports to China.Trade
between China and Zimbabwe hit a record high of ..
<https://bullszimbabwe.com/china-zimbabwe-trade-surges-by-29-9-in-2023/>
Read more >

Truworths shuts down 6 stores

CLOTHING retailer, Truworths Limited has closed six shops due to
underperformance which has increased the likelihood of retrenchments,
NewsDay Business has learnt.This comes as the local textile and clothing
retail . <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.

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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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