Bulls n Bears Investors Notebook : 08 November 2024

[Bulls n Bears]

 <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 :  08 November  2024

 

	
 


 <mailto:info at bulls.co.zw> 

 


 

 


Bulls ‘n Bears Investors Diary: Today’s Events

 


 

 

 

 

 


 

 

 

 

 


 

 

	
 

Delta pays US$20m sugar tax in 9 months

DELTA Corporation Limited has paid US$20 million in sugar tax since February, which has made the beverages firm uncompetitive regionally, executives said this week. The sugar tax came into effect …  <https://t.co/ozqqmLDDTF> Read more »

 


 

                                                                                                                                                                 

 


 

‘Zim economy among the least free globally’

THE Fraser Institute Economic Freedom of the World director Fred McMahon says Zimbabwe’s economy ranks among the least free globally, based on findings in its newly-launched Economic Freedom Country Audit, … <https://t.co/ozqqmLDDTF> Read more »

 


 

 

CBZ asset base rises 71% in Q3

In a trading update for the nine months ended September 30, 2024, CBZ recorded a profit after tax of ZiG1,01 billion and total income of ZiG2,68 billion.FINANCIAL giant CBZ Holdings … <https://t.co/ozqqmLDDTF> Read more »

 

 


 

 
Zimra goes after influencers, tourism players
THE Zimbabwe Revenue Authority (Zimra) has launched a blitz on tourism stakeholders, including social influencers, to check on their compliance with various tax regimes in the country. In statement early … <https://t.co/ozqqmLDDTF> Read more »

 


 

 

 


 

A farmer’s resilience: How agroecology is helping Shashe farmers

At the heart of Zimbabwe’s semi-arid lands, where droughts are becoming more frequent and rainfall unpredictable, Abimelek Mutsenure’s farm stands as a beacon of hope for others struggling to adapt … <https://t.co/ozqqmLDDTF> Read more »

 


 

	 

	
Land reform: think tank raises questions

WHILE the Government has taken plausible measures to address limitations in the existing resettlement land titles, analysts have raised questions on some of the recent pronouncements, pointing out potential deficiencies … <https://t.co/ozqqmLDDTF> Read more »

 


 

	 


 

Stronger ZiG a sign of normal movements

The rather surprising strengthening of the ZiG this week, with the mid-rate on Wednesday being 9.3 percent above the mid-rate on Friday last week, when it was at its weakest … <https://t.co/ozqqmLDDTF> Read more »

 


 

	 


 

 

ZiG scarcity pushes currency to 11pc gain in five days

The local currency, the Zimbabwe Gold (ZiG), has been steadily appreciating against the US Dollar this week, recording its first-ever positive run since its devaluation in September 2024. The new … <https://t.co/ozqqmLDDTF> Read more »

 


 

	 


 

 

Market dynamics: Threat to businesses key-lines

Zimbabwe’s market dynamics continue to threaten businesses’ key lines such as volumes, turnover and profitability as the operating environment remains challenging, characterised by exchange rate volatility. Liquidity challenges in both … <https://t.co/ozqqmLDDTF> Read more »

 


 

                                                                                                                                                                 

 


 

Edgars pursues expansionist strategy

VICTORIA Falls Stock Exchange (VFEX) listed firm, Edgars Limited, says it is actively pursuing an expansion strategy aimed at broadening its geographic reach by launching new stores in carefully selected …  <https://t.co/ozqqmLDDTF> Read more »

 


 

 

Currency woes force Delta to shrink market presence

Delta Corporation Limited, has had to give up market share and shelf space due to pricing discrepancies resulting from distortions from foreign currency exchange rates. According to Delta management, formal …  <https://t.co/ozqqmLDDTF> Read more »

 


 

 

 

CBZ deposit base anchors lending activities

CBZ Holdings says a strong market presence, supported by a deposit base of ZiG18.51 billion, continues to provide a key funding source, enabling it to support lending activities to the …  <https://t.co/ozqqmLDDTF> Read more »

 


 

Old Mutual shifts investment strategy amid currency woes

FINANCIAL services firm, Old Mutual Zimbabwe (OMZ), is skewing its investment portfolios towards those that carry currency sensitivity to reduce its exposure to the local tender’s recent volatility, NewsDay Business … <https://t.co/ozqqmLDDTF> Read more »

 

 


 

BAT contributes over ZWG100 million to treasury despite sales decline

BRITISH American Tobacco (BAT) says it has contributed more than ZWG100 million to the Treasury through different tax heads for the half-year period to June 30, 2024. In a statement … <https://t.co/ozqqmLDDTF> Read more »

 

 


 

Gold prices drive mining sector growth

RESEARCH and stockbroking firm, IH Securities, says favourable gold prices have boosted foreign currency receipts this year, leading to a growth of 9,5 percent from US$5,6 billion in the first … <https://t.co/ozqqmLDDTF> 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:                <mailto:bulls at bullszimbabwe.com> bulls at bullszimbabwe.com

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

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

Twitter (X):        @bullsbears2010

LinkedIn:           Bulls n Bears Zimbabwe

Facebook:           <http://www.facebook.com/BullsBearsZimbabwe> 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:  <http://www.bullszimbabwe.com> www.bullszimbabwe.com Email:  <mailto:bulls at bullszimbabwe.com> 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/20241108/9d50761a/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/20241108/9d50761a/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/20241108/9d50761a/attachment-0001.jpg>