Bulls n Bears Investors Notebook : 03 June 2024

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Bulls n Bears Investors Notebook : 03 June 2024

 

	
 


 <mailto:info at bulls.co.zw> 

 


 

 


Bulls ‘n Bears Investors Diary: Today’s Events

 


 

 

 

 

 


 

 

 

 

 


 

 

	
 

PGMs earn Zim US$2,1bn in 2023

THE Platinum Group Metals (PGMs) industry remains a significant contributor
to Zimbabwe’s economy after generating US$2,1 billion from exporting the
precious metals last year. This was despite the impact of 

<https://bullszimbabwe.com/pgms-earn-zim-us21bn-in-2023/> Read more »

 


 

 


 


 

 

Growing demand for key minerals boon for Africa

Global demand for critical minerals is projected to grow three-fold by 2040,
presenting a strategic opportunity for African producers including Zimbabwe
to increase output and the development of untapped mineral 

<https://bullszimbabwe.com/growing-demand-for-key-minerals-boon-for-africa/>
Read more »

 


 

 

Fiscal consolidation bears fruit, says Treasury

THE Government’s fiscal consolidation measures are bearing fruit as
evidenced by the containment of the budget deficits that previously
undermined macro-economic stability, a senior official said. Finance,
Economic Development and 

<https://bullszimbabwe.com/fiscal-consolidation-bears-fruit-says-treasury/>
Read more »

 


 

	 


 

Civic society warns of shrinking space

CIVIC society in Africa is facing shrinking spaces to raise domestic
resources, as private sector investment is being crowded out, it emerged at
the recent African Development Bank’s (AfDB) annual 

<https://bullszimbabwe.com/civic-society-warns-of-shrinking-space/> Read
more »

 


 

 
ZiG slows price increases, but US$ prices remain high

FOOD security initiative, the Famine Early Warning Systems Network (FewsNet)
says while the Zimbabwe Gold (ZiG) currency has brought some stability,
United States dollar prices remain high. The ZiG replaced 

<https://bullszimbabwe.com/zig-slows-price-increases-but-us-prices-remain-hi
gh/> Read more »

 


 

 

 


 

CPC cracks down on harmful counterfeit products

THE Consumer Protection Commission (CPC) is collaborating with law
enforcement agencies and regulatory authorities to curb counterfeit
products, resulting in 200 businesses having been so far found selling fake
goods 

<https://bullszimbabwe.com/cpc-cracks-down-on-harmful-counterfeit-products/>
Read more »

 


 

	 

	
Microfinance sector bullish about ZiG

THE microfinance sector is feeling optimistic about the future, thanks to
the introduction of the Zimbabwe Gold (ZiG) currency. ZiG is backed by gold
and foreign currency reserves, which has 

<https://bullszimbabwe.com/microfinance-sector-bullish-about-zig/> Read more
»

 

 

 


 

	 


 

DRC eyes opportunities in country’s agriculture industry

COMPANIES from the Democratic Republic of Congo (DRC) are confident that the
recent business forum held in Harare to promote trade with Zimbabwe will
yield positive results, including opening a 

<https://bullszimbabwe.com/drc-eyes-opportunities-in-countrys-agriculture-in
dustry/> Read more »

 


 

	 


 

 

Hamara empowers Esteemed Business Women

HAMARA and Bulawayo Ward 20 Councillor Sandra Ndebele have come together to
support women’s empowerment by donating 500 day-old chicks to Esteemed
Business Women. The goal is to provide women 

<https://bullszimbabwe.com/hamara-empowers-esteemed-business-women/> Read
more »

 

 


 

	 


 

 

Econet accelerates network modernisation

LEADING telecoms company Econet Wireless is making strides in its network
modernisation efforts. The company says it has upgraded over 1 012 sites
with high-capacity base stations, resulting in improved 

<https://bullszimbabwe.com/econet-accelerates-network-modernisation/> Read
more »

 

 


 

	 


 

	 


 

Mthuli grilled over Zim’s debt
creditors say country giving conflicting
figures

CREDITORS this week cast doubt on Zimbabwe’s official public debt figures
after Finance minister Mthuli Ncube’s numbers showed a discrepancy of US$2,7
billion to the one he presented last month. 
 <https://bullszimbabwe.com/>
Read more »

 


 

	 


 

 

AfDB cuts Zim’s growth forecast to 2%

THE African Development Bank (AfDB) has cut Zimbabwe’s growth projections by
1,6 percentage points to 2% this year due to the effects of the El
Niño-induced. President Emmerson Mnangagwa has  <https://bullszimbabwe.com/>
Read more »

 

 


 

	 


 

25% surrender here to stay: RBZ

THE Reserve Bank of Zimbabwe (RBZ) governor John Mushayavanhu yesterday told
miners that the 25% surrender requirement was “here to stay” as it remained
critical to support economic transformation and 

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

 

 

 


 

	 


 

Local PGMs producers ink deal

PLATINUM group metals (PGMs) producers will utilise excess capacity at
Zimplats for toll treatment in a move set to grow the sector, a Cabinet
minister has said. There are three 
  <https://bullszimbabwe.com/> Read more
»

 

 


 

 

 


 

 

Cafca appoints Nyakudya as new CEO

The cable manufacturer has been operating without a substantive CEO since
the departure of Rob Webster at the end of February.Cafca Limited has
appointed chartered accountant Vimbayi Nyakudya as its 

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

 

 

 


 

Mineral revenues seen falling 4% to US$5 billion

ZIMBABWE’S mineral revenues are likely to drop by 4% to US$5 billion this
year due to weak commodity prices among other challenges, Chamber of Mines
Zimbabwe (CoMZ) president Thomas Gono 
 <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 Cellphone:            +263 71 944 1674 | +27 79 993 5557 

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<mailto:bulls at bullszimbabwe.com> 

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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.

 


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bulls at bullszimbabwe.com <mailto:bulls at bullszimbabwe.com>  Tel: +27 79 993
5557 | +263 71 944 1674

 

									

 

 

 

 

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