Bulls n Bears Investors Notebook : 25 June 2024

Bulls n Bears info at bulls.co.zw
Tue Jun 25 09:53:40 CAT 2024




 

	
 


 

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Bulls n Bears Investors Notebook : 25 June 2024

 

	
 


 <mailto:info at bulls.co.zw> 

 


 

 


Bulls 'n Bears Investors Diary: Today's Events

 


 

 

 

 

 


 

 

 

 

 


 

 

	
 

WestProp to complete US$4bn project in 2025

Listed property firm - WestProp Holdings Limited is targeting the first
quarter of 2025 to start construction works for the final phase of its US$4
billion Pomona City project in .
<https://bullszimbabwe.com/westprop-to-complete-us4bn-project-in-2025/> Read
more >

 


 

 


 


 

Prospect to evaluate viability of new projects

Prospect Resources says it will soon undertake a comprehensive review of the
potential to commercialise its lithium projects in Zimbabwe and Namibia. The
Australian Stock Exchange-listed mining group, which in .
<https://bullszimbabwe.com/prospect-to-evaluate-viability-of-new-projects/>
Read more >

 


 

 

Lithium's price slump has traders seeking recovery signs

Lithium industry watchers hoping the battery metal was poised to rebound
from an epic slump have been hit by the realisation prices have fallen again
this month, with inventories piling .
<https://bullszimbabwe.com/lithiums-price-slump-has-traders-seeking-recovery
-signs/> Read more >

 


 

	 


 

Old Mutual launches US$12m housing project

Speaking during the ground breaking ceremony yesterday, Old Mutual
Zimbabwe's group chief executive officer Samuel Matsekete said the project
will benefit the nation.OLD Mutual Zimbabwe has unveiled a US$12 million .
<https://bullszimbabwe.com/old-mutual-launches-us12m-housing-project/> Read
more >

 


 

 
Mining workers get US$3,55 salary increment

In a statement last Friday, Zimbabwe Diamond and Allied Mineral Workers
Union (ZDAMWU) secretary-general Justice Chinhema said the entire mining
industry was disappointed and dejected following the US$14 salary increase .
<https://bullszimbabwe.com/mining-workers-get-us355-salary-increment/> Read
more >

 


 

 

 


 

Tsholotsho businesswoman innovates "Thumeza Ekhaya" Platform to connect
diaspora with families back home

A TSHOLOTSHO businesswoman has innovated a new product in her retail
business, Thumeza Ekhaya, to allow those in the diaspora to buy goods for
their parents and children back home. .
<https://bullszimbabwe.com/tsholotsho-businesswoman-innovates-thumeza-ekhaya
-platform-to-connect-diaspora-with-families-back-home/> Read more >

 


 

	 

	
TelOne rolls out women empowerment programme

TELONE in partnership with Batsi Health, a local innovation start-up, has
launched a women empowerment programme called BatsiWomen aimed at uplifting
the lives of less-privileged women across the country. The .
<https://bullszimbabwe.com/telone-rolls-out-women-empowerment-programme/>
Read more >

 

 


 

	 


 

First Capital Bank to focus on energy transition, climate-friendly
agriculture

FIRST Capital Bank (FCB) has indicated that its 2024 strategy will focus on
supporting industries driving the energy transition, promoting
climate-friendly agriculture and fostering business growth.The bank
recognises the potential .
<https://bullszimbabwe.com/first-capital-bank-to-focus-on-energy-transition-
climate-friendly-agriculture/> Read more >

 


 

	 


 

 

'Industrial competitiveness hinges on railway, energy infrastructure

AN efficient transportation and energy system with a cost-effective
foundation is a strategic prerequisite for the industrial sector to remain
competitive in the region, creating a conducive trading platform, Pretoria .
<https://bullszimbabwe.com/industrial-competitiveness-hinges-on-railway-ener
gy-infrastructure/> Read more >

 

 


 

	 


 

 

BCC tariffs: A setback to city's re-industrialisation

Bulawayo, the second-largest city in Zimbabwe, has been grappling with high
tariffs imposed by the Bulawayo City Council (BCC). These tariffs, which
have seen significant increases, are now posing a .
<https://bullszimbabwe.com/bcc-tariffs-a-setback-to-citys-re-industrialisati
on/> Read more >

 


 

	 


 

	 


 

Economic census creates jobs for youths

THE rolling out of the first ever Economic Census exercise has created
employment opportunities for youths who are expected to play a key role
during the data collection process starting .
<https://bullszimbabwe.com/economic-census-creates-jobs-for-youths/> Read
more >

 


 

	 


 

 

Powerspeed rides residential boom, revenue up 24pc

Powerspeed Electrical Limited says the strong activity in residential
property development has created strong demand for building materials,
boosting the group's earnings. The residential property market has remained
strong despite .
<https://bullszimbabwe.com/powerspeed-rides-residential-boom-revenue-up-24pc
/> Read more >

 


 

	 


 

Cattle slaughters surge as farmers counter drought

Cattle slaughters at formal abattoirs surged in the first quarter of 2024,
according to the latest report from the Reserve Bank of Zimbabwe (RBZ), as
94,062 cattle were slaughtered in .
<https://bullszimbabwe.com/cattle-slaughters-surge-as-farmers-counter-drough
t/> Read more >

 


 

	 


 

Tongaat says Vision group to complete acquisition by December

HARARE - Tongaat Hulett Zimbabwe says it's on the verge of a major
transformation, characterised by fresh ownership and localised participation
at shareholder level, which will ultimately pave the way .
<https://bullszimbabwe.com/tongaat-says-vision-group-to-complete-acquisition
-by-december/> Read more >

 


 

 

 


 

 

Tycoons ready to cede Pick n Pay voting power to lure new investors

Tycoons ready to cede Pick n Pay voting power to lure new investors Raymond
Ackerman's family is giving up some of their voting power in Pick n Pay
Stores to . <https://bullszimbabwe.com/> Read more >

 

 


 

Mashhold US$15m Pomona project 57pc complete

Mashonaland Holdings (Mashhold) says the development of its US$15 million
Pomona Commercial Centre remains on course and has reached 57 percent
completion. The project, whose construction started in July 2023, .
<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 

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

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<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

 

									

 

 

 

 

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