Major International Business Headlines Brief::: 29 August 2018
Bulls n Bears
bulls at bulls.co.zw
Wed Aug 29 10:18:58 CAT 2018
<http://www.bulls.co.zw/> Bulls.co.zw <mailto:bulls at bulls.co.zw>
Views & Comments <http://www.bulls.co.zw/blog> 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
<mailto:info at bulls.co.zw?subject=Unsubscribe> Unsubscribe
Major International Business Headlines Brief::: 29 August 2018
<http://www.nedbank.co.zw/>
* Kenya Airways' pretax losses narrow in first half
* South Africa's Solidarity union to strike at Sasol over black staff
scheme
* IMF support could help Angola reform drive: Moody's
* Malawi maize output down 28 pct after drought, armyworm outbreak
* Swiss court approves Gunvor ex-employee's plea bargain in Congo bribery
case
* Didi blames 'ignorance and pride' for carpool murder
* Aston Martin revs up for London listing
* Boeing says Asia needs 240,000 pilots over next two decades
* House of Fraser attacks 'greedy' landlords
* Markets buoyed by Trump trade deal ahead of US GDP - business live
* UK shop prices rise for first time in over five years - BRC
* Dell aims for a more premium Chromebook with its Inspiron 14 2-in-1
* Netflix tells its actors to stop saying binge-watching because it wants
to seem more luxe
<mailto:info at bulls.co.zw>
Kenya Airways' pretax losses narrow in first half
NAIROBI (Reuters) - Kenya Airways reported a pretax loss of 3.99 billion
Kenyan shillings ($40 million) for the first half of 2018, narrowing from a
loss of 5.77 billion shillings during the same period last year.
The airline is showing signs of recovery after it came close to collapse
last year, leading to a $2 billion financial restructuring in November that
included a government bailout which shrank Air France KLMs stake.
Our loss before tax is down by 30 percent. We keep slowly but steadily
improving, Chief Executive Sebastian Mikosz told a news conference on
Wednesday.
The carrier, which is now 7.8 percent owned by Air France KLM, said its
revenues rose 3 percent to 52.19 billion shillings, but total operating
costs rose by 4 percent to 53.22 billion shillings due to rising global fuel
prices.
The airline said in June that it would resume aviation fuel hedging in the
second half of this year after price volatility drove up its costs.
Passenger numbers increased 7 percent in the first half to 2.3 million, it
said.
The airlines better performance this year was helped by an improving
business climate in Kenya. The run up to tightly contested elections in
August last year had created political uncertainty and the risk of
instability.
Kenya Airways has changed its financial reporting period to match the
calendar year. Previously its financial year was to the end of March.
Kenya Airways this year changed its financial reporting period to match the
calendar year. Previously its financial year was to the end of March.
However, comparisons given in its first-half results were with January-June
2017.
($1 = 100.7300 Kenyan shillings)
<mailto:info at bulls.co.zw>
South Africa's Solidarity union to strike at Sasol over black staff scheme
JOHANNESBURG (Reuters) - South Africas mainly white Solidarity union said
on Tuesday it had threatened Sasol with a strike over a share ownership
scheme offered exclusively for black staff unless its workers were also
included or received a similar offer.
The energy giant has sold 25 percent of its local operations to qualifying
black employees, a foundation and the black public in a 21 billion rand
($1.5 billion) deal that has been vendor-financed by the company.
The world leader in technology to convert coal and gas to fuel has defended
the scheme, saying it was not a benefit but a mechanism designed to meet
South Africas rules on black economic empowerment.
Under the rules, South African companies are required to meet quotas on
black ownership, employment and procurement as part of a drive to reverse
decades of exclusion under apartheid.
The union said the scheme excluded white staff and foreign nationals, and
its workers should be included or offered other similar arrangements.
It said a majority of its members had voted to serve a 48-hour strike notice
but added that did not necessarily mean that it would hold the industrial
action after 48 hours.
This type of crude racial exclusion cannot be tolerated any longer. These
white workers are also valuable, Solidarity Chief Executive Dirk Hermann
said in a statement.
Sasol said in a statement that the purpose of the scheme, called Sasol
Khanyisa, was meant to create a meaningful financial benefit for
approximately 230,000 black shareholders, including qualifying black
employees.
Notwithstanding the absence of specific dates of the planned strike action,
Sasol has activated contingency measures to minimise potential disruption to
our operations, it said.
Shares in Sasol were little changed at 556.73 rand as of 1408 GMT.
($1 = 14.6363 rand)
IMF support could help Angola reform drive: Moody's
JOHANNESBURG (Reuters) - Financial support from the International Monetary
Fund (IMF) could help support Angolas reform drive, Mathias Angonin,
assistant vice president at Moodys ratings agency, said in a report on
Tuesday.
Angola said last week it sought financial support from the IMF due to poorer
than expected economic growth this year.
Malawi maize output down 28 pct after drought, armyworm outbreak
BLANTYRE (Reuters) - Malawis maize output declined by 28 percent in the
2017/18 farming year due to damage caused by drought and crop-eating
armyworms, a government report showed on Tuesday.
The Malawi Vulnerability Assessment Committee (MVAC), comprised of
government and aid agencies, said in the report that maize production fell
to 2.698 million tonnes from 3.464 million tonnes in the 2016/17 farming
season.
The committee blamed drought in most parts of the southern African country,
and an outbreak of crop-eating armyworms for the drop in the harvest of the
staple grain.
Dry spells mostly in the southern part of Malawi and some districts in the
central region affected most key crops, including rice production, said
Ethel Mwalughali, a government representative on MVAC.
MVAC said the drop in maize production had led to food insecurity for 3.3
million people, who would require 138,488 tonnes of food aid.
Armyworms are a pest from Latin America that first threatened African crops
in late 2016, while drought is a perennial threat to impoverished Malawi.
The country declared armyworms a national disaster in December after
discovering the pests had spread to 22 of Malawis 28 districts.
Malawi relies heavily on rain-fed agriculture, and most of its maize is
grown on small plots by subsistence farmers.
Swiss court approves Gunvor ex-employee's plea bargain in Congo bribery case
LONDON (Reuters) - A Swiss court accepted a plea bargain on Tuesday from a
former employee of energy trader Gunvor Group in relation to an
investigation into corruption in Congo Republic and Ivory Coast, the former
employees lawyer said.
The court also confirmed the decision.
As part of the deal, the former employee admitted to paying bribes to
officials in the two countries to secure oil deals.
The former employee, known as Pascal C, will not serve jail time nor pay a
fine.
Didi blames 'ignorance and pride' for carpool murder
Chinese ride-sharing giant Didi Chuxing has issued a public apology, blaming
"ignorance and pride" for safety lapses that led to the rape and murder of a
female passenger.
Executives said they would stop using growth to measure the firm's success
and prioritise safety instead.
The move follows Didi's decision to suspend its carpool service, Hitch, amid
outrage over the incident.
It was the second killing of a Hitch passenger in three months.
On Tuesday, the company apologised to the family of the victim and said the
incident had prompted a reckoning within the firm.
"Our ignorance and pride led to irreversible pain and loss," Didi founder
Cheng Wei and President Jean Liu said in an emailed statement.
"We see clearly this is because our vanity overtook our original belief. We
raced non-stop, riding on the force of breathless expansion and capital,
through these few years; but this has no meaning in such a tragic loss of
life."
On Saturday, a 27-year-old driver was arrested and later confessed to the
murder of the 20-year-old passenger.
While the driver did not have a criminal record, a previous passenger had
filed a complaint against him, according to Didi.
'Try our utmost'
Since the incident, China's transport ministry has pressed Didi for changes,
such as better driver vetting and education.
Local regulators have also reportedly met with the company.
On Tuesday, Didi said it would create a system for passengers to call police
and improve safety features, such as a function that allows riders to share
itineraries.
It also said it would re-evaluate the business model for Hitch.
"We might not be able to eradicate 100% the ill deeds carried out by
criminals who might seek to abuse this platform, but we will try our upmost
to protect passengers and drivers and continue to drive down crime rate in
this industry," the statement said.
Founded in 2012, Didi had grown to handle about 25 million rides a day by
the start of 2018, when it claimed more than 450 million users and about 21
million drivers.
The firm, which is backed by major investors such as Softbank, has also been
pushing to enter new markets, including Mexico and Japan.
London taxi and private hire cab sex attacks 'at 14-year high'
Uber changes US sexual assault policies
It is not the only ride-hailing service to face a backlash over its safety
controls.
Uber, which is also backed by Softbank and has a stake in Didi's China
business, has grappled with similar issues in the US and India, prompting
calls for tighter regulation.
In the UK, Uber promised to report crimes directly to police in an effort to
improve safety.--bbc
Aston Martin revs up for London listing
Aston Martin is expected to confirm plans to list on the London Stock
Exchange when it announces annual results on Wednesday morning.
The British sports car maker said earlier this year it was considering
making its shares available to the public or looking for a buyer.
It is understood the company will seek to sell a stake worth about £1bn,
valuing it at between £4bn and £5bn.
Aston Martin sold 5,000 cars last year making its first profit since 2010.
Its main shareholders, Italian private equity fund Investindustrial and a
group of Kuwaiti investors, hired an investment bank to advise on options at
the start of the year.
Under Andy Palmer, who left Nissan to become chief executive in 2014, Aston
Martin's fortunes have been revived with the flagship DB11 coupe proving
popular with buyers.
His turnaround plan have involved broadening the model range to include its
first SUV, which goes into production next year.
The new models are expected to increase output "significantly" above 5,000
cars this year, Mr Palmer said.
Nissan had considered buying Aston Martin before Mr Palmer was convinced to
run one of the most famous marques in motoring, but one that had been in a
slow demise.
"Aston Martin has always relied on someone stepping in and injecting some
more cash and saving it, but that's not the legacy I want to leave," Mr
Palmer told the BBC in 2015.
Part of his strategy involves targeting female buyers - no easy task given
the company has sold fewer than 4,000 cars to women in its 105-year history.
"Aston Martin must be less dependent on a narrow portfolio and one type of
customer," Mr Palmer said.
It hopes to emulate the success of Italian luxury sports car rival Ferrari,
which floated in New York almost three years ago.
Shares were priced at $52 and for the past two years have continued to
climb, reaching almost $150 in June.
They were trading at just under $130 on Tuesday, valuing the company at
about $24bn.--BBC
Boeing says Asia needs 240,000 pilots over next two decades
If you need a job, you may want to consider training as an airline pilot and
moving to China.
Boeing forecasts that the Asia Pacific will need the greatest number of
pilots, technicians and cabin crew over the next two decades.
The region's economic growth will lead to rising wealth and increased
travel, spurring a need for 240,000 more pilots and 317,000 cabin crew by
2037.
China will need half of these new personnel.
The projections place pressure on an industry that is already struggling
with a pilot shortage and training bottlenecks.
Older pilots are set to retire over the next decade and there is increasing
demand for business aviation services, such as helicopter tourism and
private luxury jets.
Boeing estimates China will need 128,500 pilots, Southeast Asia 48,500 and
South Asia 42,750 pilots.
Boeing's outlook is used to create projections for new airplane deliveries.
Unsurprisingly, the Asia Pacific will also lead global demand for new
planes.
The US aerospace and defence giant projects that 40% of all new passenger
planes will be delivered to airlines in the Asia Pacific over the coming
years.
Tighten seatbelts
Boeing has an accelerated pilot development programme but their pipeline
will not be enough to meet the growing industry demand.
"Strong demand for pilots in the region continues, and we expect that this
will continue for the next several years," said Keith Cooper, vice president
of Training and Professional Services for Boeing Global Services.
Analysts warn the shortage of pilots puts the aviation industry's growth at
risk.
Without pilots, planes are sitting idle. Pilots' demand for higher salaries
will also cut into profits.
'Intricate network'
In countries where there are strong labour unions, such as the UK and
France, demands for increased pay and benefits have led to debilitating
strikes.
The aviation industry also faces turbulence in the form of global trade
wars.
Boeing chief executive Dennis Muilenburg has warned that the growing
US-China trade row could push up costs for aircraft manufacturers
"Aerospace thrives on free and open trade," Mr Muilenburg said.
"We are concerned it could affect supply chain costs - but those supply
chains are flowing in both directions [between China and the US], it is an
intricate network around the world."--BBC
House of Fraser attacks 'greedy' landlords
House of Fraser has criticised "greedy landlords" that are resisting new
owner Mike Ashley's attempts to cut rents on the store chain's 59 outlets.
Earlier this month the Sports Direct owner bought the retailer for £90m
after it collapsed into administration.
It has been seeking to cut rents in an attempt to prevent stores from
closing.
The British Property Federation criticised Sports Direct, saying one party
cannot "cry 'unfair' in the media when it doesn't get what it wants".
Time 'running out'
About seven House of Fraser stores have been saved so far, including
Plymouth, Darlington and Middlesbrough, as well as the flagship store on
London's Oxford Street.
Mr Ashley's firm warned landlords that "time is running out" to keep stores
open.
"Some landlords are being very collaborative in order to give us a chance at
turning the business around, giving House of Fraser a lifeline and saving
hundreds of jobs," a spokesman said.
"However, some greedy landlords would rather see the stores close than help
save the jobs of hundreds of people.
"We will continue to try and convince these landlords but ultimately time is
running out. Some closures will be announced."
House of Fraser rescue details emerge
Ashley vows to keep stores open
However, Melanie Leech, the chief executive of the British Property
Federation, said each party in the negotiations had its own interests.
"Many property owners are investing in and managing property on behalf of
pensioners' savings, and depend on occupiers being able to pay rent. The
long-term health of our High Streets also depends on this," she said.
"There will be a range of factors to consider on a store-by-store basis -
but what property owners won't be doing is simply leaving stores empty for
the sake of it; that would be in no one's interests."
Mr Ashley vowed to save about 47 House of Fraser stores after buying the
chain, which he aims to make "the Harrods of the high street".
"We will do our best to keep as many stores open as possible," he said.
Other House of Fraser stores the new owner says will remain open are
Telford, Aylesbury and Carlisle.
Rates-only deals
Sports Direct needs to cut costs if the loss-making department store chain
is to remain viable and continue trading, but some landlords are opposing
rent reductions of the scale it is demanding.
BBC News understands some have been asked to sign deals for rent equivalent
to 5% of a store's turnover, while about 28 stores would not get any rent at
all but have their business rates paid for.
Most landlords will end up taking a financial hit, but some think Sports
Direct's proposals will be better than an earlier restructuring deal that
would have resulted in 31 stores closing.
Offering rates-only deals, or "meanwhile leases", to landlords is an
unprecedented move for such a big, established retailer.
One retail property expert told the BBC that such an offer would be quite
attractive for some landlords: "They continue to trade, without the burden
of business rates which gives them at least a year to come up with a plan.
"If the stores trade successfully, then there's always the possibility of a
better deal with Ashley down the road."BBC
Markets buoyed by Trump trade deal ahead of US GDP - business live
Its a positive start in Europe, but by no means a really convincing one.
Connor Campbell, financial analyst at Spreadex, said:
Investors continued to greet the US-Mexico trade deal with wary positivity,
the European markets just about nudging higher after the bell.
The FTSE, which got that belated bounce on Tuesday as it played catch-up
following bank holiday Monday, opened up a few points, a smidge above 7630.
There was even less of interest in the Eurozone, with the DAX and CAC at
12550 and 5500 respectively, with investors put off from doing anything else
due to concerns surrounding the Italian economy.
Despite more front page worries about the cost and chaos of a no deal
Brexit, the pound managed to avoid furthering Tuesdays losses as Wednesday
got underway. Against the dollar it was unchanged at $1.287, while against
the euro it actually rose 0.2%, lifting off of its recent near one year
lows.
Theres really not a lot to work with this Wednesday morning, beyond the
various ongoing macro-tensions, leaving investors sitting on their hands
until this afternoons US Q2 GDP reading.--theguardian
UK shop prices rise for first time in over five years - BRC
LONDON,(Reuters) - - British shop prices rose for the first time in more
than five years in August but by less than broader measures of inflation as
retailers continued to battle for consumers.
Shop prices edged up by 0.1 percent in year-on-year terms, ending a run of
63 months of falling prices, the British Retail Consortium (BRC) said,
citing the impact of a hot, dry summer on food prices and higher
international oil costs.
Britain's widely followed consumer price index stood at 2.5 percent in July.
But competition among supermarkets and pressure from online retailers has
generally pushed down prices in shops.
While retailers were trying to keep a lid on increases, inflationary
pressures would grow if Britain fails to secure a deal to smooth its exit
from the European Union in seven months' time, BRC chief executive Helen
Dickinson said.
"If that does happen retailers will not be able to shield consumers from
price increases."
The value of the pound has fallen since April on concern among investors
about the risk of a no-deal Brexit which could cause delays at borders and
hamper the broader economy.
The BRC said food prices picked up speed to rise by an annual 1.9 percent in
August while non-food deflation eased to 1.0 percent, the weakest fall since
April 2013.
The Bank of England this month increased interest rates for only the second
time since the global financial crisis, saying the plunge in Britain's
unemployment rate would create inflation pressure, even as the economy grows
only slowly.--euronews
Dell aims for a more premium Chromebook with its Inspiron 14 2-in-1
Dell isnt new to the Chromebook game, but most of its previous efforts have
been focused on education-facing devices not bad computers, per say, just
ones more designed for the lower demands and rougher treatment of younger
students than for serious work. But that changes this year at IFA 2018 with
the companys new Inspiron Chromebook 14 2-in-1, which is meant to offer a
more powerful, mature Chromebook option similar to the companys (just
revamped) midrange Inspiron line.
To that end, the Inspiron Chromebook 14 is made from aluminum, not plastic,
with an 8th-Gen Intel Core i3 processor, 4GB of RAM, and up to 128GB of
internal memory. Its not offering the hardware power or design as, say,
Googles Pixelbook, but for a $599.99 Chromebook, its better than the
bulky, plastic designs that have come to dominate the space.
I was able to briefly try out the Chromebook 14, and its certainly a nicer
spin on the Chromebook than a lot of what weve recently seen in the field
that hasnt come from Google, although it suffers the same issue of Dells
other Inspiron products with slightly cheap-feeling aluminum.
Still, its good to see that companies like Dell arent just content to
write off Chromebooks as an entry-level computer for middle schoolers. The
Inspiron Chromebook 14 2-in-1 is set to launch in the US on October
23rd.theverge
Netflix tells its actors to stop saying binge-watching because it wants to
seem more luxe
Guy, we asked you to do one thing.
Before the cast of The Innocents, a new teenage supernatural original series
from Netflix, set out to make the rounds with the press promoting the show,
Netflix had at least one specific instruction to convey. An instruction that
actor Guy Pearce actually says Netflix strictly made clear: Dont use the
term binge-watching in your interviews.
We know this, because in an interview with Empire Magazines film podcast,
Guy answered a question by saying were not allowed to say binge-watching
because Netflix asked us not to.
One thing to do Guy
DON'T MISS
Amazon has a long-range gigabit Wi-Fi router on sale for just $40 today
>From Business Insider: I dont think Netflix likes the term binge,
Pearce said when Empire asked him if viewers would binge-watch The
Innocents. When we did the promotion for [The Innocents] in the [United
States], we were strictly sort of instructed beforehand not to talk about
binge-watching.'
BI goes on to speculate, since Netflix didnt say why its being weird about
this, that it might be because the company wants to extricate its brand from
all things binge-y. Like Binge-eating. Binge-drinking. Basically from all
the bad things, and indeed theyre all bad, that a person does during any
kind of binge.
Even though Netflix, as if any of us needed to be reminded, kind of
popularized the idea of binge-watching, even using the term in a December
2013 press release with this as the headline: Netflix Declares Binge
Watching is the New Normal. The first sentence? Selfies may be the
official new word of 2013, but Binge-Watching was a runner up for a reason.
Oh, to be young again.
There may indeed be something to the suspicion here that Netflix is trying
to get away from the term as part of a move to make its brand seem more
highbrow, maybe?
That may be a stretch, but consider. Variety is out with a report today
speculating that Netflix raising prices recently may be keeping low-income
customers away. As proof, it cites data from Peter Griffin, an economist for
cash advance company Earnin that says growth of Netflix usage among its
members has stalled.
The percentage of Earnin customers who subscribe to Netflix has been flat
for some time, the companys economist Peter Griffin wrote in a blog post
Tuesday, Variety notes. Thats despite the fact that the overall usage of
paid streaming services has grown notably among Earnin users, with both
YouTube and Hulu adding paid users.
That trend has been particularly pronounced ever since Netflixs most
recent price increase. The streaming service raised its prices at the end of
2017, bumping the monthly charge for its HD tier from $9.99 to $10.99. The
price for the companys family plan, which includes the ability to stream to
up to four devices and access streams in 4K HDR, increased from $11.99 to
$13.99.--bgr.com
INVESTORS DIARY 2018
Company
Event
Venue
Date & Time
NicozDiamond
shares delist from the ZSE
06/07/2018
Zimbabwe
Heroes Day
Zimbabwe
13/08/2018
Zimbabwe
Defence Forces Day
Zimbabwe
14/08/2018
The Harare Agricultural Show
The Harare Agricultural Show
The Harare Agricultural Show
August 27- September 1
<mailto:info at bulls.co.zw>
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) 2018 Web: <http:// www.bulls.co.zw > www.bulls.co.zw Email:
<mailto:info at bulls.co.zw> info at bulls.co.zw Tel: +263 4 2927658 Cell: +263 77
344 1674
Invest Wisely!
Bulls n Bears
Telephone: <tel:%2B263%204%202927658> +263 4 2927658
Cellphone: <tel:%2B263%2077%20344%201674> +263 77 344 1674
Alt. Email: <mailto:info at bulls.co.zw> info at bulls.co.zw
Website:
<http://www.google.com/url?q=http%3A%2F%2Fwww.bulls.co.zw&sa=D&sntz=1&usg=AF
QjCNH8LYgdY55h-XKseuM8Kpr-JKdfhQ> www.bulls.co.zw
Blog:
<http://www.google.com/url?q=http%3A%2F%2Fwww.bulls.co.zw%2Fblog&sa=D&sntz=1
&usg=AFQjCNFoIy6F9IXAiYnSoPSgWDYsr8Sqtw> www.bulls.co.zw/blog
Twitter: @bullsbears2010
LinkedIn: Bulls n Bears Zimbabwe
Facebook:
<http://www.google.com/url?q=http%3A%2F%2Fwww.facebook.com%2FBullsBearsZimba
bwe&sa=D&sntz=1&usg=AFQjCNGhb_A5rp4biV1dGHbgiAhUxQqBXA>
www.facebook.com/BullsBearsZimbabwe
Skype: Bulls.Bears
-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20180829/e8fbd62b/attachment-0001.html>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image001.jpg
Type: image/jpeg
Size: 3653 bytes
Desc: not available
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20180829/e8fbd62b/attachment-0006.jpg>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image002.jpg
Type: image/jpeg
Size: 8312 bytes
Desc: not available
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20180829/e8fbd62b/attachment-0007.jpg>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image003.jpg
Type: image/jpeg
Size: 29391 bytes
Desc: not available
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20180829/e8fbd62b/attachment-0008.jpg>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image004.jpg
Type: image/jpeg
Size: 29401 bytes
Desc: not available
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20180829/e8fbd62b/attachment-0009.jpg>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image005.jpg
Type: image/jpeg
Size: 29420 bytes
Desc: not available
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20180829/e8fbd62b/attachment-0010.jpg>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image006.jpg
Type: image/jpeg
Size: 4846 bytes
Desc: not available
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20180829/e8fbd62b/attachment-0011.jpg>
More information about the Bulls
mailing list