Diamonds & Dogs: Buying foreign products treason of the highest order!

 

Diamond: BUY Zimbabwe

Diamonds & Dogs picks up from where Bullish Thoughts left off the Buy Zimbabwe discussion. He does not apologise for repeating this topic! Unusual situations do call for unusual measures.

In fact, Diamonds & Dogs would like to thank Bullish Thoughts for the provoking point regarding Buy Zimbabwe Campaign. It is true that Zimbabweans are enemies to themselves.

We are selfish, period! The big companies are even more selfish than small and medium companies.

Diamonds & Dogs emphasizes that there is need to raise the Buy Zimbabwe argument higher and establish the cost of unemployment to our nation Zimbabwe.

Consumers have divergent views but surely no rational person should expect that Zimbabwe, a land-locked country have comparable costs with those countries who have access to oceans.

Even Rhodesia allowed up to 20% price difference of locally produced and imports in favor of locally produced product.

On the extreme, one can conclude that not to support locally manufactured goods is treason of highest order.

We need to also educate each other that buying foreign goods is killing jobs for our families and leading to the export of our own children to become slaves in foreign countries.

Government needs steel balls…

There should be strong will from the Government lest there be no progress at all. Someone comes in with a brilliant idea of banning unnecessary imports like flour, margarine, chicken ofals (chicken ofals…please!!) and even whole chickens and the next thing because some DJs and commentators have said it’s a bad thing after getting calls from some loafers (most of them good for nothing), the ministers reverse decisions on duty.

The country does not need short term policies but policies that benefit us in the long run. There should be quotas on most commodities, that is how the EU and USA survive.

And we want to say it’s backward for Zimbabwe to be protectionist? These are difficult times and they call for hard decisions.

Manufacturers are coming to the party committing to shave off some margins and meet consumers half way.

Diamonds & Dogs rolls the ball into your court. Are you buying Zimbabwe products for the next 33 days to make a difference?

Diamonds & Dogs has already started.

Dog: Colcom (24c, YTD:  -32.41%, Market Cap $39,776,125)

Diamonds & Dogs tends to see to many conspiracy movies like Wall Street by Michael Douglas perhaps!

Unfortunately, that’s just the way he is wired.

The Colcom share price collapsed a few weeks ago to 22c, a 27% decline in one trading session.

Many analysts or at least market watchers will be aware that Colcom had almost established a support level at 30c. Or let’s just say 26c lately…or the past few weeks that is.

It had been like that for a long time…30c, 30c, 30c, 30c, 30c!!!!!

Then it happened on 22 October…the share price collapsed from 30c to 22c!

Diamonds & Dogs could tell something was wrong…no sane person is not worried when Delta price is to say collapse from 93c to 80c in one trading session. Not that Colcom is a lot like Delta, but it was perceived to be a fairly & reasonably managed company and a stable one too.

After all what would go wrong in a business model just meant to kill as many pigs as possible and let as many Zimbos as possible eat the swine meat products!

However after weeks of rumor mongering about shenanigans at Innscor-Colcom, the latter finally came to the market with a cautionary advising shareholders that “it had come to the attention of the board” that the control and governance environment of the company had been compromised and the board had initiated a forensic audit.

Fair and fine! The come Sunday and the papers were saying the FD was arrested over a $16,500 fraud. Seriously! Engaging a forensic audit that will cost upwards of $50,000 to investigate a $16,500 fraud? Diamonds & Dogs feels there was too much PR from the Colcom spin doctors.

Anyway, the rumor mill which broke the story long back has it that the real embezzlement could be somewhere around $3m orchestrated through the procurement channels, etc. Not much of a surprise though…just that the quantum of the loot was a bit on the high side this time!

Shareholders be very scared…there might not be cash for dividend payout!

Invest Wisely!

Notes

**The author of this report does not hold shares in any of the companies discussed/ mentioned in this report.

Bulls n Bears

Email: bulls@bulls.co.zw

Website: www.bulls.co.zw

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Bullish Thoughts: Zimbabweans enemies of their own industries Part II

John F. Kennedy, the thirty-fifth President of the United States is famous for his saying: “My fellow Americans, ask not what your country can do for you, ask what you can do for your country.”

In this period of economic stagnation and apparent backward movement, Zimbabweans find themselves at financial & political crossroads and asking a lot of questions.

Bullish Thoughts discussed at length with a number of colleagues across various facets of the economy on whether or not Zimbabweans should "Ask not what Zimbabwe can do for you - ask what you can do for Zimbabwe"

The discussions were premised on the prognosis that BUY ZIMBABWE campaign was and is literally the practical way left to save various manufacturing industries from the financial abyss.

Sometimes it is easier to point and criticize the next person than to accept our own contribution. Business leaders in particular have been guilty of this in running our businesses blaming so called antiquated equipment, low liquidity etc while leaving in excesses!

Zimbabweans are educated enough to create positive change. Zimbabweans rejected the Zim dollar when it became worthless and way before Acting Minister of Finance Patrick Chinamasa made it official and Zimbabweans can therefore make appropriate decisions now otherwise they will not be doing current and future generations any favors.

We are being challenged to become each one of us a voluntary BUY Zimbabwe Advocate and if we can get this message to enough people (particularly women since men generally stay away from the supermarkets) we can at least improve the situation.

Imagine if BUY ZIMBABWE could be allowed to address the people various Cathedrals for Catholics, Anglicans, Methodists, DRCZ on Sundays, congregants at ZAOGA, Makandiwa’s UFI and Pastor Angel’s Spirit Embassy and also various AFM Assembles congregations plus Mapostori, what will be consumed tonight by the 14 million people is enough to create

thousands of jobs.

Buying Zimbabwean Products is the biggest stimulus package. BUY Zimbabwe should also be the focus of the fiscal policy and the various strategies by CZI, ZNCC and CCZ.

Bullish Thoughts appreciates the concerns of the bargain hunters. Many would prefer to buy local products but price becomes a key factor in a place of falling disposable incomes. Therefore there is need for the producers to meet consumers halfway in the short term. All Zimbabweans (producers & consumers) need to make sacrifices if industries & jobs are to be saved and created.

The producers must forego a portion of margins while consumers forego a portion of savings they get from buying cheap imports.  Consumers can't give manufacturing industries executives money to buy Mercs at their own expense.

Certainly consumers wouldn't mind buying Olivine Cooking Oil at $4.40 if Delite is at $3.99 as is the case right now. But if Olivine is to peg the cooking oil at $5.50 then “hapana dhiri”. Bullish Thoughts noticed that consumers still buy Jade soap because it’s of quality and fairly priced

 Bullish Thoughts therefore challenges the producers of various consumer goods to come with quality products, priced and packaged fairly correctly. If they do that, consumers will certainly BUY Zimbabwe products from them.

Bullish Thoughts appreciates that consumers rarely look at who is selling (under any operating environment), that consumers are not emotional about the identity of the seller. They are spending their hard earned cash and they deserve the best product.

No One wants to carry the whole nation by subsidizing inefficiencies in the manufacturing sector!!

What Bullish Thoughts heard from the consumers is that producers should also be willing to meet halfway and not always focus on price increases either implied (reduced contents in packets) or direct!

BUY WISELY! BUY ZIMBABWE during the next 35 days and create jobs in our Proudly Zimbabwean Country!!

Parting Shot: What the market requires of SEC...

Bullish Thoughts wishes to say to SEC that Capital Markets integrity will also be promoted through:-

• ·         Mandatory Cautionary Statements for appalling financial results
• ·         Investigation of potential insider trading
• ·         Penalties against auditing firms that pass through faulty and misleading financial statements.
• ·         Disclosures of Directors Dealings as and when they happen

Special Bulletin-Bullish Thoughts: Are Zimbabweans “enemies” of their own industries?

Bullish Thoughts received the following feedback from a subscriber working at at one of the local Zimbabwean companies and felt compelled to publish it to the broader readership to create more discussion & solutions especially on the BUY ZIMBABWE campaign.

The fact that the majority of goods consumed in the country are imported has created a crisis in Zimbabwe.

Picture this: A hubby works for the company that makes buttercup margarine…Olivine for example. He discusses with his wife how tough things are at work due to low demand and explains that this is the reason that the salary was late. He proceeds to give his wife the grocery money. The following day the wife goes out and buys "cheaper" imported product including imported margarine. The following month the margarine plant downsizes and the hubby is retrenched.

SO are wives (read spouses) destroying their hubby's employment? Did the wife effectively fire the hubby?

If this is being replicated throughout the country are we not being irresponsible with our purchasing power and creating jobs in South Africa whilst our children are without jobs?

The result:-

·         Too many people are unemployed in Zimbabwe

·         Bank deposits and savings are low

·         Revenue collected low as taxes are on low base

·         Zimbabwean Banks cannot save money earned by foreigners so they have no deposits to lend

·         Zimbabwean Government cannot tax foreign companies not operating in Zimbabwe and employees in foreign companies thus no adequate funds to take care of Zimbabwean citizens

·         Too many local people are unemployed ,thus people cannot pay ZESA and the Urban councils for services as they have no earnings

How do people remain employed?

I make margarine for you and you make mealie-meal for me… you drive me to work in your bus and my friend makes plastic packaging for the mealie-meal that you make. A cousin of yours makes the cooking oil and his brother makes corn cereals, his sister makes clothes for you etc.

But if one of these products is imported then one person or several persons get unemployed. If more of the products are imported more people get unemployed.

So make sure at least half of what you buy is a local product and you will CREATE a job or jobs.

You will help save my job and I will help to save your job and the government will collect taxes and sort out the water and power issues (hopefully).

We have the power to help each other. Let’s create jobs here and not in South

Africa or China by Buying ZIMBABWEAN PRODUCTS.

Everytime you buy a product you create a job somewhere so why not create that job here for someone that you know and then you do not have to pay school fees for your brothers children because he will be able to find a job.

Before we blame others for our state, let’s do our bit buying buying Zimbabwean products.

Buy Wisely!

Bullish Thoughts: When falling inflation rate is not celebrated…

No huddling around TV waiting for the budget presentation

Bullish Thoughts did not even bother listening to the MoF presenting the 2013 National Budget. He did not expect anything  that would shift the markets.

During the Z$ era (or at least when the Z$ could still buy in 2006-September 2008), we would all surround the 14 inch ‘guvhu out’ TV set and wait anxiously for the MoF to announce the National Budget or the supplementary one popularized by Minister Murerwa back in the days.

The tax free threshold was the main attraction while the tax free bonus threshold was what it was…a bonus!

This time around, workers did not have that adrenalin moment. If anything, it was only civil servants who were very much interested in their increment.

The tax free bonus of $1000 may just turn out to be but a number.

How many companies can afford that kind of payout to begin with or even a bonus pay out at all?

The manufacturing sector in in dire straits…capacity utilization has taken a dip and there is just no demand for local products…the majority of them that is!

When falling inflation is not celebrated…

Zimbabwe’s inflation has been fairly low as a statistic that is. However, its slowly risking becoming just a statistic.

All students of Economics will know of Japan & the Great Deflation. Prices were so low in Japan that industry existence remained challenged for more than a decade. It even got worse when prices started falling.

Whilst to consumers this may be good news, the same is not true for producers.

Producers need inflation to make profit. Rising prices imply you have a better chance of selling your product or service at above cost of production.

Closer home in Zimbabwe, manufacturers have an idiosyncratic scenario where they have sub optimal operating costs (high labour costs, high power & water costs, high finance costs) which impact materially on the final price of the product.

Now the cost of production is going up and lack of demand is causing market prices to go down.

It doesn’t make economic sense to use premium pricing for a low quality product worse still in a falling prices market.

We have even seen some gymnastics from corporates experiencing price ceilings on their products no matter how good themselves think of their products. The Cascade is now smaller while Delta had the balls to take Shumba Mahewu to 60c. Psychologically, Zim consumers do not accept prices above 50c for cordials and other smaller package products.

If the economic environment does not change Zimbabwe may become the first country in the world to suffer economic damage from both hyperinflation and low inflation.

PUPS…

Anyone remember the Beverly Building Society little book that would be put on a typerwriter to record your transactions?

Bullish Thoughts never had one but remembers seeing such little bank book (the red one for daily transactions and the blue one for PUPS).

It would be interesting to see the uptake of such products or the keenness of mortgage finance institutions to resume such products…

Back in time: No love lost…

Bullish Thoughts thinks he was in Form 2 around this time. Do not ask him where he got this from suffice to say he couldn’t help but smile. Never mind the reason for the smiling!

Diamonds & Dogs: Of pork skins with Mukuyu Wines

Diamond: Delta Beverages

Delta Beverages numbers now come to the market after parent company SABMiller would already have provided some insight into the volume numbers.

An analyst’s job would be simply to do the backward number crunching. That volumes rose a muted 9% y-o-y was not a surprise even though the stunted growth was due to an 8% fall in “masese” following an upward review in prices.

Delta became the first billion dollar market cap company on the ZSE even though the original trades taking it into the 10 digit zone were for posterity.

Now post financials release it seems to have established a support level probably around 95c though Diamonds & Dogs is sure that the range for support could pull back to 90c.

Whilst the share price has not moved phenomenally upwards the past week to warrant a diamond spot on basis of %ages, it’s the result of significant capex into modern technology that Diamonds & Dogs wishes to highlight.

There are many other companies that form great turnaround stories if only they can invest in new PPE. The figure 42,000 beer pints per hour was unbelievable when Delta commissioned the first installment of its bottling lines months back.

It went on to add more lines on both sparkling beverages, beer and even had the luxury of premium priced products.

The efficiencies from new lines are compensating for would be additional costs in switching to “dumpies” or disposable bottles and all.

The margins are also improving even though they are about to hit the short term optimal levels.

The cash is flowing with a 33% dividend payout though shareholders will definitely prefer a payout in excess of 50%.

After all, most of the capex is done and after FY2013, all the money just has to go back to shareholders.

Plus…there will be more drinking during election time!!!

Dog: Cairns Foods

Diamonds & Dogs feels for Cairns management and its entire workforce. Just what exactly is it that they wake and go to work to do?

The product line from Cairns has literally disappeared from the shelves in supermarkets and the space is full of imports and repackaged products.

No Willard Corn Flakes, no Willards Bran Flakes, no Willard Peanut Butter, no Sun Jam, no Mukuyu Wines, No Cashel Valley beans, no Brono Gravy, no Tomango!!

Unless the RBZ finds a taker soon, the company is just likely to fold under the burden of debt and it doesn’t have the financial position to refinance the same debt cheaper.

Diamonds & Dogs hopes, there will be no creditor intend of attaching the company’s assets.

Juxtapose Cairns Foods’ performance to reduction in capacity utilization in the manufacturing sector and you really get the picture.

The cost of production in Zimbabwe is so high that it just makes less economic sense to dump higher priced local products on the market.

Diamonds & Dogs made his decision long back when Cashel Valley was still in the shops at $1.12 against Tiger Brands’ Koos beans at $0.85.  The premium pricing could not prevail in Zimbabwe given the disposable income levels and moreso being above that of a relatively fair quality product.

The same goes for Chompkins “Chips”. Diamonds & Dogs did see some packets squashed in a corner at OK Zim Greencroft and priced at $2.00 for the big packet and again more expensive than Lays and Simba chips which are of great quality anyway.

What is the management strategy? Recover the punitively high costs through higher prices which materially reduce stock turnover ratio and worsen the cash position for the company.

Cairns Foods is in need of plant overhaul to introduce efficiencies, better throughput and ching ching to shareholders.

Unfortunately, unless a deep pocketed investor bails the company out soon, Cairns Foods might just be destined for the history books. The Zimbabwean consumer is not too picky on quality otherwise pork skins would not be flying off the shelves right now!

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.

Entrepreneurship Week: Slice them up…Bank the cash and tithe the profits!

Bullish Thoughts took a drive last week from Harare to rural Chivhu..Chivhu to Bulawayo via Mvuma and finally Bulawayo to Harare. He was quite impressed by the resilience of the Slice guys (Chicken Slice, Pizza Slice & Creamy Slice) at the Mvuma outlet. The premises have been properly remodeled to accommodate the Slice Groceries (more of a convenience store). Slice’s Mutyebere is one entrepreneur who managed to take the giant Innscor Fast Foods head on…one only needs to visit the Chinhoyi Street and Samora Machel branches in Harare to see the foot traffic. At the Mvuma outlet, Bullish Thoughts was also intrigued to see TN Bank on the premises…and wondered, is there some connection between being an AFM congregant and entrepreneurship? Still on TN, it would be interesting to see the impact of TN Grill & Mart on Innscor Fast Foods First Street and Fantasyland Robert Mugabe Road!

There are many other entrepreneurs that are upcoming or have been around too. Nyaradzo Funeral Assurance is probably the longest serving with 10 years+ in existence and has transformed the “death business”! Who doesn’t know “Maringe netsika dzedu” by-line? Or the wave-causing “Six Pack Funeral Product”? Bullish Thoughts hasn't died yet so he can't attest to the practical magnificence though!The other much hyped entrepreneur is the Pathfinder buses guy. Bullish Thoughts is not privy to the numbers to see how lucrative the premium priced product is fairing. The buses are nice but is it true for the profits and cash flows? At the end of it all, it’s about profits and sustainable cash flows...cash is king!

However, as we find ourselves in the midst of Global Entrepreneur Week, it’s likely that people all around the world are contemplating whether or not entrepreneurship is calling them. Zimbabwe is no exception and the sprawling informalisation of the economy is testimony to many Zimbos giving entrepreurship a shot. Many though have been forced by the 75%+ Zimbabwe unemployment rate and the associated hardships. Most seem to be going for restaurants (largely offering African cuisine), kombis (commuter omnibuses), other freight related enterprises, carpentry and apparel retailing.  

Many are still pondering whether it makes sense to leave behind the stability and comfort of being an employee (if you are part of the <25% that's still in the formal sector) the adventure and opportunity that could await them as a business owner. If you find yourself in this camp, I want to share common traits of successful entrepreneurs so you can assess whether or not you’ve got what it takes.

• They know their “why”. Everyone who changes jobs or careers does it for one reason or another, and it’s no different for those who seek out self-employment. A top reason people become entrepreneurs is often because they find themselves in a job where they love what they do but feel as though they could do a better job of “running the show” than their boss does. The key is to know why you are choosing to become an entrepreneur and be very clear about it, so when you find yourself in the midst of a challenging day, you can look back at your “why” and keep the excitement alive.

• They aren’t after a “get rich quick” opportunity. If you’re thinking of starting a business because you’re confident you could make way more than you’re making in your current job, take some time to do the math. Although starting and owning a business can be very lucrative, many business owners often find they make less than they anticipated, especially in the early days.

• They aren’t afraid of hard work. Many people envision that as an entrepreneur they can work whatever hours they’d like and will have more flexibility in their schedule. However, in reality, especially in the early days of starting a business, it’s likely you will find yourself working harder and longer than you ever did when you had a job. That being said, you will often find it incredibly rewarding because you’re building something for you, but you need to be willing to take on the challenge.

• They have a plan B… and C… and D. The best laid plans of running a business tend to take some unexpected twists and turns, and you need to have a back-up plan for when change is needed. Your plan B doesn’t need to be abandoning your business, but you at least need to know what to do when the unexpected happens.

• They have passion. Maybe your passion is about the particular business you want to open, or maybe it’s about entrepreneurship in general, but either way if you’re starting a business, you need to be fired up about it. It’s that passion that will get people to believe in what you’re doing, want to do business with you and keep you motivated when the going gets tough.

 

• They know their weaknesses. Although this may not be a prevalent trait across all business owners (or people in general), it certainly plays a role for those that experience outstanding success. Successful business owners understand where their weaknesses are, whether it is paperwork, taxes, legal issues or another area, and they proactively connect with people that can fill in the gaps for them.

• They are okay “going without”. As a business owner, there always seems to be a long list of people standing ahead of you looking for money, including suppliers, employees and the government. It’s almost inevitable that at times in your business (hopefully only in the start-up days) that you will find yourself with an empty bank account after paying everyone you need to, which means there isn’t anything left for you. It is likely financial reward will follow, but make sure you’re prepared to ‘go without’ during challenging times.

• They don’t resent sacrifice. It’s a fact – every business owner will need to sacrifice to some extent. This may mean missing a child’s school concert because of a deadline you need to meet, covering a Sunday shift for because one of your employees didn’t show up for work or delaying your planned vacation because of financial challenges. Successful business owners will learn how to embrace sacrifice and accept it as part of being an entrepreneur.

It’s true – there are some hurdles you’ll face as a business owner, but at the same time the success you experience is 100% attributed to you and your efforts and the excitement of seeing your dream become reality is the most amazing feeling - worth every investment you make. Are you up for the challenge and the opportunity that awaits?

There are many sophisticated business models out there but you can be absolutely sure that every successful business sells the right things at the right time to the right customers at the right price. These are the basics you will need to have to really take things forward!

(Part of this write up is Courtesy of Virgin Enterpreneur Blog, additional editing by Bullish Thoughts)

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Do you have any investments that you hold? What form are they? Shares? Money Market? Unit Trusts? Small business? Property? Share your story of how you started and help encourage fellow citizens to start. 

If you are scared of investing then also share with us the reasons for your fears and we will find solutions and various investment alternatives to ensure that we all start investing and saving.

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Bulls n Bears Thanks You as we turn 5 Years

Bulls n Bears turned 5 years on 1 November 2012. That marked 5 years since the first bulletin of the Bulls n Bears Investor Notebook was sent out to then very few subscribers.

The early months of Bulls n Bears…

Bulls n Bears is grateful to the likes of then Interfin Banking Corporation Marketing Manager, Tendai Gwatiringa who believed in the service that we were offering and made Interfin our first client.

Also in the early days was Europcar, the car rental service. Mike Rooney supported us through one of the most difficult phases in the economic history of this country: 2008.

Bulls n Bears also pays tribute to Tawanda Nyambirai of TN Holdings who had to “literally” direct his marketing team to give us an advert when very few could appreciate the impact of email market.

We cannot forget John Dennis of Shades Ahead, the tent, carports and associated services provider based in Msasa. John or JD as he is affectionately known was the first client to pay with Redan fuel coupons when we couldn’t burn the Z$ anymore.

Many other clients have since come on board either perpetually or as and when the marketing budgets permit.

Bulls n Bears is still intrigued that despite the fact that products are used/ bought by consumers, most corporates still cut the marketing spend budget first when it comes to rightsizing and rationalizing operations.

Luckily for most marketing teams, we have structured one of the least cost targeted marketing solution.

It couldn't have been wonderful without you readers…

Bulls n Bears enjoys all the feedback that we get, either lambasting poor quality articles, jumbled up ZSE Price Sheets, Financial Markets Updates not properly updated or just engaging on further debates.

Bulls n Bears knows that an article was good when Tony Fisher responds.

Many other subscribers whom we cannot single out by name have taken time to call us, email us, engage with us on Twitter, Facebook, LinkedIn amongst many other platforms of communication.

We truly value the fact that some of you have taken the initiative to improve the financial intelligence of your colleagues through forwarding them our newsletter or just encouraging them to subscribe or in some instances even subscribe on their behalf.

It would be inadequate not to mention the super effort put in by our team, some of whom work odd hours to ensure that you get the financial and business information.

It is actually correct that if you get that Investor Notebook with a sent time of 0254hrs, someone would have been awake to make sure the newsletter is sent on the appointed day.

Where are we now?

Those of you who were the pioneering subscribers will remember very well the metamorphosis that we have gone through from initial two products viz Bulls n Bears Investor Notebook and Bulls n Bears Investor Website (www.bulls.co.zw) to the current scenario where we now have a product portfolio listed below:-

a)            Bulls n Bears Investor Notebook

b)            Bulls n Bears Financial Markets Update

c)            Bulls n Bears Daily ZSE Price Sheet

d)            Bullish Thoughts

e)            Diamonds & Dogs

f)             Bulls n Bears Zimbabwe blog (www.bullsnbearszimbabwe.blogspot.com)

g)            Bulls n Bears Investor Website (www.bulls.co.zw)

Most of these products came about as a result of your feedback and for that we are grateful for you also helped us grow.

Where are we going?

Firstly we hope to improve the quality of the content we sent to you and make it more relevant despite the jurisdiction you are operating.

We will be introducing more exciting products as we hit 2013 that will definitely inspire you to start saving some funds, either on the stock market or money market or even inspire you to start your own business.

We will also introduce more contributing columnists and revamp our website to allow for more useful real-time financial info.

Above all, ONLY you can improve the information that you receive by telling us what you want us to do for you.

Lastly, we encourage you to invite the Lord in both your spiritual & financial life. David says in Psalms: “Unless the LORD builds the house, its builders labor in vain. Unless the LORD watches over the city, the watchmen stand guard in vain.”

We implore you to make a difference today: Invite 5 people to join Bulls n Bears by subscribing through bulls@bulls.co.zw  or bulsl@faithcapitalcorp.com.

Who are we?

Bulls n Bears had begun to take it for granted that subscribers understood us. There is no harm in us recapping for you.

Summarily we aggregate financial and business news and financial statistics and deliver them to you in a cleaner format so that you don’t have to waste the whole day on the humongous web pages out there. We can do it for you and for free too.

We cover purely business issues. We are apolitical but here and there you may find business articles with political connotations but only so far as to further widen the political economy debate or just to help us all decompress after a busy day at the office.

So feel safe…if you come on our platforms, you are never going to be linked with any political party, a development which would otherwise compromise on your brand and service delivery.

How do you benefit…

You benefit from Bulls n Bears through the financial information. Furthermore you can also benefit by exploiting our various Internet and Email platforms to connect with your target market at cost effective rates. Connecting to your customer world has never been this easy and cheap! So go ahead and click here and we will partner you into the future.

Do not forget to join the fight against cancer as you Invest Wisely!

Kind regards

Bulls n Bears Team