Bulls n Bears Investors Notebook : 31 May 2024

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Bulls n Bears Investors Notebook : 31 May 2024

 

	
 


 <mailto:info at bulls.co.zw> 

 


 

 


Bulls ‘n Bears Investors Diary: Today’s Events

 


 

 

 

 

 


 

 

 

 

 


 

 

	
 

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/mthuli-grilled-over-zims-debtcreditors-say-countr
y-giving-conflicting-figures/> 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/afdb-cuts-zims-growth-forecast-to-2/> 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/25-surrender-here-to-stay-rbz/> 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/local-pgms-producers-ink-deal/> 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/cafca-appoints-nyakudya-as-new-ceo/> 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/mineral-revenues-seen-falling-4-to-us5-billion/>
Read more »

 


 

	 

	
Multi-faceted approach answer to restoring mining sector viability –
Chitando

MINES and Mining Development Minister, Winston Chitando, says the
restoration of the viability of mining operations in Zimbabwe demands
adoption of a multi-faceted approach that addresses both short-term
challenges and 

<https://bullszimbabwe.com/multi-faceted-approach-answer-to-restoring-mining
-sector-viability-chitando/> Read more »

 

 

 


 

	 


 

NRZ, Zimasco partnership pays off

THE Public-Private Partnership (PPP) between the National Railways of
Zimbabwe (NRZ) and Zimbabwe Mining and Smelting Company (Zimasco) has seen
the refurbishment of 51 NRZ wagons specifically designated for transporting

 <https://bullszimbabwe.com/nrz-zimasco-partnership-pays-off/> Read more »

 


 

	 


 

 

Government ramps up rural industrialisation

THE Government’s plan to industrialise rural communities by establishing
village business units has shown significant progress, with 429 units
already set up nationwide. This initiative aims to promote economic
viability 

<https://bullszimbabwe.com/government-ramps-up-rural-industrialisation/>
Read more »

 

 


 

	 


 

 

El Niño threatens livestock feed prices

LIVESTOCK farmers are being warned to take action as droughts associated
with El Niño threaten to increase stock feed prices. The country has seen
low rainfall leading to a shortage 

<https://bullszimbabwe.com/el-nino-threatens-livestock-feed-prices/> Read
more »

 

 


 

	 


 

	 


 

First Mutual bolsters investment portfolio

FIRST Mutual Holdings Limited is committed to real estate investment as a
strategy for preserving value and maintaining market relevance, according to
its financial statement for the year ending December 

<https://bullszimbabwe.com/first-mutual-bolsters-investment-portfolio/> Read
more »

 


 

	 


 

 

NRZ targets mining sector
Diverting traffic from road to rail

THE National Railways of Zimbabwe (NRZ) is strategically shifting mining
traffic from roads to rail in response to Zinara’s concerns about the damage
caused by heavy cargo on the country’s 

<https://bullszimbabwe.com/nrz-targets-mining-sectordiverting-traffic-from-r
oad-to-rail/> Read more »

 

 

 


 

	 


 

‘Forex access glitches will drive dollarisation’

LIMITED access to foreign currency needed for key imports will fast-track
the domestic economy’s transition into full dollarisation, captains of
industry and economic analysts say, as forex seekers continue to 

<https://bullszimbabwe.com/forex-access-glitches-will-drive-dollarisation/>
Read more »

 

 

 


 

	 


 

BHP abandons bid after Anglo refuses more talks

BHP Group failed to make a firm offer for Anglo American before Wednesday’s
(May 29) deadline, walking away for now from what would have been the
biggest mining deal in 

<https://bullszimbabwe.com/bhp-abandons-bid-after-anglo-refuses-more-talks/>
Read more »

 

 

 


 

 

 


 

 

Questions retirees should ask before investing in estate apartments

Retirees will have to consider exactly which type of home style is best
suited to them, from free-standing and maisonette to apartment living. We
have noticed that a lot of 

<https://bullszimbabwe.com/questions-retirees-should-ask-before-investing-in
-estate-apartments/> Read more »

 

 

 


 

Where is ZiG cash?

Vendors and small businesses, which typically rely on cash transactions, are
finding it difficult to provide change.A deep dive into the ZiG circulation
conundrum Economy Uncensored with Tapiwanashe Mangwiro In 

<https://bullszimbabwe.com/where-is-zig-cash/> 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.bullszimbabwe.com/blog> 

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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

 

									

 

 

 

 

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