Bulls n Bears Investors Notebook : 22 May 2024

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Wed May 22 04:03:34 CAT 2024




 

	
 


 

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Bulls n Bears Investors Notebook : 22 May 2024

 

	
 


 <mailto:info at bulls.co.zw> 

 


 

 


Bulls 'n Bears Investors Diary: Today's Events

 


Old Mutual Zimbabwe

AGM

 

22 May 2024 | 3pm

 


 

 

 

 

 


 

 

	
 

African Sun sees new dawn in travel recovery

Hospitality group, African Sun Limited is pinning hopes of better
performance on international travel recovery, with the first quarter to
March 31, 2024 performance already showing improvements in occupancy levels,
.  <https://bullszimbabwe.com/> Read more >

 

 


 

 


 


 

 

Zim horticultural output jumps 13pc

Zimbabwe's annual horticultural crops are flourishing, with production
increasing by 13 percent during the 2023/24 season compared to the previous
season, according to the Second Round of Crops, Livestock and .
<https://bullszimbabwe.com/> Read more >

 

 

 	

 

 

Insurance and Microfinance Expo for Bulawayo

A local non- profit organisation will host an education expo to conscientise
the public on benefits of insurance and related programmes. Zimbabwe
Progressive Youth Foundation a local organization that is .
<https://bullszimbabwe.com/> Read more >

 


 

	 


 

Palawani Lakeworld Resort appoints Ms Lizzie Adams as new GM

PALAWANI Lakeworld Resort, an agri-tourism venture has announced the
appointment, with immediate effect, of seasoned tourism executive, Ms Lizzie
Adams, as its general manager. Chairman Mr Munyaradzi Hwengwere confirmed
the . <https://bullszimbabwe.com/> Read more >

 


 

 
CZI readies for inaugural manufacturing sector conference and dialogue

THE Confederation of Zimbabwe Industries (CZI) would host its inaugural
Annual Manufacturing Sector Conference and Dialogue in Harare on Friday,
which will coincide with the launch of the 2023 Annual .
<https://bullszimbabwe.com/> Read more >

 


 

 

 


 

Proton Bakers installs US$3,6 million plant

PROTON Bakers, one of the country's biggest bread producers, has embarked on
an expansion drive involving installation of a new US$3,6 million plant in
Marondera, which will increase output by . <https://bullszimbabwe.com/> Read
more >

 


 

	 

	
"Many Zimbabweans not aware of data protection, privacy rights"

A significant number of Zimbabweans are still not aware of data protection
and their privacy rights, at a time cyber security threats are on the
increase resulting in financial loss . <https://bullszimbabwe.com/> Read
more >

 


 

	 


 

Zim platinum production increases 5 pc

Platinum production in Zimbabwe rose 5 percent to 121 000 ounces in the
first three months of 2024 from 116 000 ounces in the same period last year,
according to . <https://bullszimbabwe.com/> Read more >

 


 

	 


 

 

Zim records 77 pc food production decline this year

A report by the Second Round of Crops, Livestock and Fisheries Assessment,
paints a grim picture of Zimbabwe's food security report, revealing a
staggering 77 percent decline in food crop . <https://bullszimbabwe.com/>
Read more >

 


 

	 


 

 

FBC posts ZWL$1,1 trillion profit

FINANCIAL services behemoth FBC Holdings Limited achieved an
inflation-adjusted profit after tax of ZWL$1,1 trillion for the quarter
ending March 31, 2024, driven mainly by exchange profit. Total income stood
. <https://bullszimbabwe.com/> Read more >

 


 

	 


 

	 


 

Technology firm launches tobacco digital platform

TECHNOLOGY company, ModernLeaf AI has launched a digital platform for
artificial intelligence (AI) solutions for Zimbabwe's tobacco industry to
help increase productivity for growers and exporters across the tobacco
value . <https://bullszimbabwe.com/> Read more >

 


 

	 


 

 

Pensions sector shrinks by 50%: Ipec

Highlights on growth trends show that since 2020, the pension industry
assets have been declining together with a number of active pension
schemes.ZIMBABWE'S pensions industry is shrinking amid indications that .
<https://bullszimbabwe.com/> Read more >

 

 


 

	 


 

Axia Corporation in decent Q3 performance

The third quarter ending March 31, 2024 proved very challenging for Axia
Corporation, with trading significantly influenced by depressed disposable
incomes by most consumers and currency volatility. Said the group
<https://bullszimbabwe.com/> Read more >

 

 


 

	 


 

RioZim's diamond production drops 3 pc

Diamond production at RZM Murowa (Private) Limited, went down by 3 percent
to 414 000 carats during the year to December 31, 2023 compared to 426 000
carats recorded during . <https://bullszimbabwe.com/> Read more >

 

 

 


 

 

 


 

 

Zimbabwe says 1,300 white farmers who lost land seek payouts

About 1,300 White Zimbabwean commercial farmers, whose land was acquired for
redistribution to the landless majority in the early 2000s, have signed up
to receive compensation and those who qualify . <https://bullszimbabwe.com/>
Read more >

 

 

 


 

US$37m loan boost for Zimbabwe agriculture sector

GOVERNMENT has secured a US$37 million loan from the International Fund for
Agricultural Development (Ifad), which is meant to enhance agriculture
production and productivity. The initiative by Ifad is focused .
<https://bullszimbabwe.com/> Read more >

 

 

	
 

	
 


 

INVESTORS DIARY 2024

 


Company

Event

Venue

Date & Time

 


 

 


 

 

 

 

 


 

 

 

 

 


Old Mutual Zimbabwe

AGM

 

22 May 2024 | 3pm

 


Nampak

EGM (to approve the change of auditors to Axcentium)

Virtual

23 May 2024 | 9am

 


 

Africa Day

 

25 May 2024

 


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

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Blog:                 www.bullszimbabwe.com/blog

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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.

 


 (c) 2024 Web: www.bullszimbabwe.com Email: bulls at bullszimbabwe.com Tel: +27
79 993 5557 | +263 71 944 1674

 

									

 

 

 

 

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