Bulls n Bears Investors Notebook : 11 June 2024

Tue Jun 11 07:54:53 CAT 2024

 <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 : 11 June 2024

 <mailto:info at bulls.co.zw> 

Bulls 'n Bears Investors Diary: Today's Events

Firm commends ZiG effect on stability, inflation

Zimbabwe Stock Exchange (ZSE) listed firm BridgeFort Capital Limited has
commended authorities for the resolute stance in controlling money supply
growth and eliminating quasi-fiscal activities saying this has brought about
.
<https://bullszimbabwe.com/firm-commends-zig-effect-on-stability-inflation/>
Read more >

Economy creates 200 000 new jobs in first quarter

Zimbabwe's economy created an additional 2 00 000 new jobs in the first
three months of this year, raising hope the economy may perform better than
expected despite headwinds that .
<https://bullszimbabwe.com/economy-creates-200-000-new-jobs-in-first-quarter
/> Read more >

Mashonaland Holdings moves to hedge its business against economic headwinds

PROPERTY developer, Mashonaland Holdings Limited says it is focusing on
completing its ongoing property development projects, which are key to its
portfolio diversification roadmap to hedge against the projected economic .
<https://bullszimbabwe.com/mashonaland-holdings-moves-to-hedge-its-business-
against-economic-headwinds/> Read more >

Ecobank Zimbabwe wins Group Chairman's Sustainability Award

The programme has also connected over 2 000 small-to-medium entrepreneurs,
facilitating knowledge sharing and access to global trade networks.ECOBANK
Zimbabwe has been awarded with the annual Group Chairman's Sustainability
Award .
<https://bullszimbabwe.com/ecobank-zimbabwe-wins-group-chairmans-sustainabil
ity-award/> Read more >

Westprop declares US$857K dividend from Q1 operations

PROPERTY developer, WestProp Holdings Limited (Westprop) has declared a
dividend of US$857 143 for its first quarter performance ended March 31,
2024, owing mostly to sales of its Pokugara Residential .
<https://bullszimbabwe.com/westprop-declares-us857k-dividend-from-q1-operati
ons/> Read more >

BridgeFort to reduce local currency exposure on net monetary assets

VFEX only trades in foreign currency. In its 2023 annual report, BridgeFort
chief executive officer Vernon Lapham said the firm's focus for the year was
to list on the VFEX .
<https://bullszimbabwe.com/bridgefort-to-reduce-local-currency-exposure-on-n
et-monetary-assets/> Read more >

Govt starts work towards the modernization of more land borders

GOVERNMENT has put plans in motion to modernise the Chirundu, Victoria Falls
and Forbes land border posts as part of the ease of doing business and
enhancing regional and international .
<https://bullszimbabwe.com/govt-starts-work-towards-the-modernization-of-mor
e-land-borders/> Read more >

ZB retrenchment exercise update

ZB Financial Holdings (ZBFH) says 59 staff members, mostly those who were
nearing retirement took up its Voluntary Disengagement Scheme (VDS) and
further 39 were affected under the Compulsory Disengagement .
<https://bullszimbabwe.com/zb-retrenchment-exercise-update/> Read more >

Journalist's launch mining association

JOURNALIST'S in Zimbabwe who mainly report on mining sector issues have set
up an Association of Mining Journalists in Zimbabwe (AMJZ) to advance the
quality, accuracy, and comprehensiveness of mining .
<https://bullszimbabwe.com/journalists-launch-mining-association/> Read more
>

Informal traders praise RBZ's efforts to increase availability of local
currency

INFORMAL traders in Bulawayo yesterday praised the Reserve Bank of Zimbabwe
(RBZ) for enhancing access to the local currency by providing smaller units
through Homelink branches. The RBZ has collaborated .
<https://bullszimbabwe.com/informal-traders-praise-rbzs-efforts-to-increase-
availability-of-local-currency/> Read more >

Millers warned against selling underweight products

PLAYERS in the milling industry have again raised concerns about
unscrupulous millers who are selling underweight products, causing market
distortions and harming compliant millers. Zimbabwe faces a rise in
deceptive .
<https://bullszimbabwe.com/millers-warned-against-selling-underweight-produc
ts/> Read more >

'Unleash business innovation through research, development'

INDUSTRY and Commerce Minister, Nqobizitha Mangaliso Ndlovu, has urged local
businesses to invest more towards research and development to accelerate
innovation-led economic growth. Zimbabwe under the Second Republic led by .
<https://bullszimbabwe.com/unleash-business-innovation-through-research-deve
lopment/> Read more >

AfDB seeks US$5 billion for women-led businesses

AFRICAN Development Bank president, Dr Akinwumi Adesina, has said the
financial institution is seeking to raise US$5 billion to finance women led
businesses in the continent while putting elaborate programmes .
<https://bullszimbabwe.com/afdb-seeks-us5-billion-for-women-led-businesses/>
Read more >

Tourism registers huge upturn in visitors

Zimbabwe's tourism sector is experiencing a remarkable resurgence, as
evidenced by the significant increase in international arrivals who visited
the country during the first quarter of this year. Figures from .
<https://bullszimbabwe.com/tourism-registers-huge-upturn-in-visitors/> Read
more >

Ariston's mitigatory measures pay off as tea production surges to 1 830
tonnes

Listed agriculture concern Ariston Holdings Limited tea production for the
half year to March 31, 2024 surged by 14 percent to 1 830 tonnes compared to
1 599 tonnes recorded .
<https://bullszimbabwe.com/aristons-mitigatory-measures-pay-off-as-tea-produ
ction-surges-to-1-830-tonnes/> Read more >

China pledges more support for Zimbabwe

CHINA will continue to add new dimensions to its comprehensive strategic
partnership and cooperation with Zimbabwe to assist the latter achieve its
targets under the National Development Strategy 1 (NDS1) .
<https://bullszimbabwe.com/china-pledges-more-support-for-zimbabwe/> 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 

Email:               bulls at bullszimbabwe.com
<mailto:bulls at bullszimbabwe.com> 

Website:            www.bullszimbabwe.com <http://www.bullszimbabwe.com>  

Blog:                 www.bullszimbabwe.com/blog
<http://www.bullszimbabwe.com/blog> 

Twitter (X):        @bullsbears2010

LinkedIn:           Bulls n Bears Zimbabwe

Facebook:          www.facebook.com/BullsBearsZimbabwe
<http://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 <http://www.bullszimbabwe.com>  Email:
bulls at bullszimbabwe.com <mailto: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/20240611/4d4fd923/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/20240611/4d4fd923/attachment-0001.png>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image002.jpg
Type: image/jpeg
Size: 29359 bytes
Desc: not available
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20240611/4d4fd923/attachment-0001.jpg>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: oledata.mso
Type: application/octet-stream
Size: 130905 bytes
Desc: not available
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20240611/4d4fd923/attachment-0001.obj>