Major International Business Headlines Brief::: 03 July 2018

Tue Jul 3 09:35:57 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::: 03 July 2018

 <http://www.mbca.co.zw/> 

*  Ghana opens cocoa light crop season, price unchanged- regulator

*  South African manufacturing activity weakens again in June: PMI

*  Ukraine's Nebulon to invest $2 bln in Egypt grain storage, transport:
ministry

*  Ivory Coast's abundant rains help cocoa main crop

*  Steinhoff takes $12 billion writedown after accounting scandal

*  Britain and Nigeria exploring ways to list naira bonds in London -Lord
Mayor

*  Benin's GDP growth to rise to 6 pct this year, IMF says

*  Kenya's economic growth gathers pace in first quarter

*  Trump administration seeks to block China Mobile in the US

*  Firms 'running out of patience' on Brexit

*  HTC to axe about a quarter of its global workforce

*  EU diesel car sales 'to fall to 5% by 2030'

*  Facebook bug unblocked unwanted users

*  Elon Musk calls Tesla 'a real car company'

 <mailto:info at bulls.co.zw> 

Ghana opens cocoa light crop season, price unchanged- regulator

ACCRA (Reuters) - Ghana’s Cocobod regulator opened its cocoa light crop
purchases on Friday and will keep the price it pays farmers unchanged at
7,600 cedis ($1,586) per tonne, it said.

The world’s second largest cocoa exporter after Ivory Coast runs a two-cycle
cocoa season consisting of the main crop which is mainly exported and the
light crop harvest, discounted for local grinders.

“The producer price to be paid at all buying centres is 228 cedis per load
of 30 kilograms for Grade 1 and II cocoa beans naked ex-scale, or 475 cedis
per bag of 64 kilograms gross. A tonne of 16 bags is 7,600 cedis,” Cocobod
spokesman Noah Amenya said.

“We expect purchases to start in earnest with buyers delivering cocoa from
Monday,” Amenya said. He declined comment on the target for the light crop,
which usually lasts for 11 weeks.

Cumulatively, the West Africa country had projected to buy at least 850,000
tonnes of cocoa by the close of the crop year in September.

($1 = 4.79 Ghanaian cedis)

 <mailto:info at bulls.co.zw> 

South African manufacturing activity weakens again in June: PMI

JOHANNESBURG (Reuters) - A closely watched survey of South African
manufacturers showed a further decline in business activity in June,
pointing to lingering weakness in Africa’s most industrialised economy.

South Africa’s new President Cyril Ramaphosa is trying to reverse a decade
of economic stagnation under his predecessor, Jacob Zuma.

But recent economic data, including first quarter gross domestic product and
mining output, have disappointed.

South Africa’s seasonally adjusted Absa Purchasing Managers’ Index (PMI)
fell to 47.9 points last month from 49.8 in May amid declines in new orders,
business activity and employment, Absa said in a statement on Monday.

Among factors weighing on manufacturers’ minds, the statement cited
controlled power outages by state utility Eskom, fears of a global trade
spat and rising cost pressures linked to a weaker rand.

Ukraine's Nebulon to invest $2 bln in Egypt grain storage, transport:
ministry

CAIRO (Reuters) - Ukrainian grain trading company Nebulon is to invest $2
billion to build new grain silos and transportation barges in Egypt’s Nile
Delta region, the Egyptian supply ministry said on Sunday.

The silos would be erected on two sites near the Alexandria and Damietta
ports, and 20 barges would be built each with a capacity to transport 2,000
tonnes of grains along the river, the ministry said in a statement

The first phase of the investment, under a recent agreement, would begin in
the next two years, it said, without elaborating.

Ivory Coast's abundant rains help cocoa main crop

ABIDJAN (Reuters) - More abundant rainfall and sunny spells last week in
Ivory Coast’s cocoa growing regions bode well for the October-to-March main
crop, farmers said on Monday.

Focus in the world’s top cocoa grower has shifted from the
April-to-September mid-crop to the main crop in recent days, and farmers
said flowers had started to appear on the trees.

“It continues to rain well and the flowering looks good,” said Amadou
Diallo, who farms in the southern region of Divo. “The soil is wet. If the
heat does not fail us, we will have many pods on the trees by September.”

Data collected by Reuters showed that rainfall last week in Divo was at 49.7
millimetres (mm), 16.6 mm above the five-year average.

In the centre-western region of Daloa, which produces a quarter of Ivory
Coast’s output, farmers said they were expecting harvesting to start by
mid-September.

“There are many small pods on the trees that will be cut in the middle of
September,” said Albert N’Zue, who farms on the outskirts of Daloa. “We need
at least a good rain a week until August so there is an abundant harvest.”

Rainfall last week in Daloa, including the region of Bouafle, was at 49.2
mm, 23.5 mm above the five-year average.

In the western region of Soubre, in the heart of the cocoa belt, there was
43 mm of rainfall, 0.5 mm below the five-year average. Farmers there were
also positive about the coming main crop.

Farmers reported good flowering in other cocoa regions. In the southeastern
region of Aboisso, rainfall was at 87.3 mm last week, 40.1 mm above average.

In the western region of Man, rainfall was at 37.8 mm, 8.5 mm above average.
In the central region of Yamoussoukro, rainfall was at 55.6 mm, 30.4 mm
above average.

In southern region of Agboville, 83.1 mm of rain fell, 35.3 mm above
average.

The temperature in cocoa regions ranged from 26.9 degrees Celsius to 24.3
degrees last week.

Steinhoff takes $12 billion writedown after accounting scandal

JOHANNESBURG (Reuters) - South African retailer Steinhoff said it has booked
$12 billion in charges related to accounting irregularities discovered last
year, as it reported a widened half-year loss.

The writedown is the latest setback for the multinational retailer, which
has been fighting to stay afloat since it revealed holes in its accounts
last December that wiped $15 billion off its market value.

The company, which grew rapidly from a small local furniture outfit to a
multi-national retailer, said 10.2 billion euros ($11.91 billion) of charges
related mostly to overstated profits, asset values and transactions having
to be reversed. The figure is 70 percent more than the 6 billion euros
initially estimated.

The writedowns widened the company’s operating loss to 152 million euros in
the six months through March this year compared with a 44 million euros a
year earlier.

The owner of Mattress Firm in the United States and Poundland in Britain
delayed publishing its results in December when it appointed auditing firm
PwC to investigate past accounting practices.

The probe, which is expected to be completed by the end of this year, has
uncovered that accounting irregularities date back to at least 2015.

“While the company is determined to get to the bottom of the alleged
accounting irregularities as quickly as possible, it is essential that PwC
is allowed sufficient time to conduct a thorough investigation to determine
precisely what has taken place,” chairwoman Heather Sonn said.

Britain and Nigeria exploring ways to list naira bonds in London -Lord Mayor

LAGOS (Reuters) - Britain and Nigeria are exploring ways to list
naira-denominated bonds on the London Stock Exchange to help fund
infrastructure projects in the West African country, the City of London’s
Lord Mayor told Reuters.

Charles Bowman, who acts as an ambassador for the British capital’s
financial district, made the comments during a three-day visit to Nigeria
during which he held talks with the vice president, trade minister and
representatives of both Nigeria’s stock exchange and central bank.

Nigeria, once a darling for frontier investors, suffered its worst recession
in a generation in 2016 after the price of its main export - oil -
collapsed. It has since recovered but growth is fragile, with dilapidated
infrastructure holding it back.

“We are looking at clever methods of essentially being able to list, by way
of example naira-denominated bonds, but having those listed on the London
Stock Exchange. Having local bonds with an access point into the London
Stock Exchange,” said Bowman.

Bowman, speaking to Reuters in an interview in Nigeria’s commercial capital
Lagos, did not provide specific details of who had been involved in the
talks, how advanced discussions were or when such a move could take place.

“We have a lot of capital in London but we don’t have the projects to
support. Nigeria has lots of projects to support and not the capital - you
are reliant on the banking structure,” said Bowman.

“Unleash the capital market, link London and Nigeria and what a great
opportunity,” he said.

Britain voted in 2016 to leave the European Union, which has forced London
to rethink its trade ties with the rest of the world. The United Kingdom and
the EU struck an agreement in December that opened the way for talks on
future trade ties.

“Nigeria is an example where in due course one would hope to have a
profitable, pragmatic free trade agreement,” said the lord mayor.

His comments come after Britain in February said its export finance agency
would add the naira to its list of “pre-approved currencies”, allowing it to
provide financing for transactions with Nigerian businesses denominated in
the local currency.[nL8N1PZ5RF]

He said the finance agency has so far provided 20 million pounds to local
businesses from its 750 million pound facility.

Britain is due to leave the EU in March next year, a month after
presidential elections are scheduled to take place in Nigeria.

Bowman said peaceful elections next year could help boost Nigeria’s image
abroad and attract the sort of capital badly needed in the West African
nation to develop infrastructure and propel growth.

Benin's GDP growth to rise to 6 pct this year, IMF says

DAKAR (Reuters) - Benin’s economy is expected to grow 6 percent this year,
up from 5.6 percent in 2017, as cotton production reaches record highs and
the economy of neighbouring Nigeria strengthens, the International Monetary
Fund said.

The Fund also said in a statement late on Friday that it had made available
about $22.4 million to Benin as part of a three-year financial-assistance
programme.

Benin’s raw cotton output for the 2017/18 season is projected to increase 28
percent from the previous season, to a record 578,000 tonnes.

Kenya's economic growth gathers pace in first quarter

NAIROBI (Reuters) - Kenya’s economy expanded at a annualised rate of 5.7
percent in the first quarter of this year, compared with 4.8 percent in the
same period of last year, the statistics office said on Friday.

The agriculture sector expanded by 5.2 percent, compared to 1 percent in the
same period last year.

“The significant acceleration in growth was mainly attributable to improved
weather conditions and a boost in business and consumer confidence after the
conclusion of general elections in 2017,” the statistics office said in a
report.

The East African nation has had good rains this year, ion contrast with
drought in the first quarter of last year.

Farming, including tea and coffee exports, accounts for close to a third of
economic output.

The finance ministry expects growth to rebound to 5.8 percent this year
after 4.9 percent in 2017.

Trump administration seeks to block China Mobile in the US

The Trump administration has said it does not want one of the world's
biggest phone carriers, China Mobile, to provide telecom services within the
US, citing national security concerns.

State-owned China Mobile applied to the US Federal Communications Commission
(FCC) for a licence to do so in 2011.

But the US Department of Commerce has recommended the licence request be
denied.

The advice comes amid rising trade tensions between the US and China.

"After significant engagement with China Mobile, concerns about increased
risks to US law enforcement and national security interests were unable to
be resolved," said the assistant secretary for communications and
information at the Commerce Department, David J Redl.

"Therefore, the executive branch of the US government, through the National
Telecommunications and Information Administration [NTIA]... recommends that
the FCC deny China Mobile's Section 214 license request."

Neither China Mobile nor the FCC were immediately available for comment on
what their next steps would be.

*         US-China trade row: What has happened so far?

*         What is a trade war and why should I worry?

*         Reality Check: Is Trump right about trade?

Heightened tensions

The move by the NTIA - an arm of the Commerce Department that advises US
President Donald Trump on telco and information issues - comes at a time of
heightened tensions between the US and China over trade and telecom issues.

In April, the Commerce Department found that the Chinese state-owned
technology giant ZTE had violated trade bans with North Korea and Iran.

A ban was placed on the firm that prevented it from buying parts from US
suppliers - a move that forced Shenzhen-based ZTE to suspend major
operations, and threatened to destroy its business.

However, following some pressure from Beijing, the US struck a deal with ZTE
that would involve the firm paying a $1bn penalty, hiring a compliance team
chosen by the US, and replacing much of its management board, among other
measures.

US reaches deal with China's ZTE

China's ZTE 'poses risk to UK security'

In return, the US said it would remove the ban - a negotiation that has been
linked to wider trade tensions between the US and China.

ZTE has fulfilled many of these requirements, however, a group of bipartisan
senators, including US Senator for Florida Marco Rubio, is currently
attempting to maintain the ban on the firm via an amendment to a defense
bill.

Reacting to research by The Wall Street Journal that has shown ZTE's
management overhaul may not be as dramatic as first thought, Mr Rubio last
week questioned why the Trump administration was continuing negotiations
with the Chinese firm.

Meanwhile, on Friday, as part of the ongoing trade spat between the US and
China, the two giants are expected to introduce further tariffs on each
other's goods.

The Trump administration is expected to bring into effect the first tranche
of 25% tariffs on $34bn of Chinese goods.

And in retaliation, China is expected to enact its first round of tariffs on
$34bn worth of US products.--BBC

Firms 'running out of patience' on Brexit

Firms are running out of patience over the lack of progress in the Brexit
talks, a major business organisation has warned Theresa May.

The British Chambers of Commerce has published a list of 23 "real-world"
questions that it says urgently need answers as the UK's EU exit approaches.

The list covers subjects including VAT, tariffs, customs and regulations.

The BCC said companies were no clearer on these critical issues than they
were immediately after the referendum.

The questions include:

*         On customs, whether goods will be subject to new procedures and
delayed at border points

*         On regulation, whether checks on goods conducted in the UK will be
recognised by the EU

*         On mobility, whether firms will be able to transfer staff between
the UK and the EU as they do now

*         The last 10 days have seen a number of high-profile businesses,
including Airbus and BMW, warn that further investment in the UK was already
under review and that leaving the EU without a deal could see production
relocated.

Some cabinet ministers have dismissed these, but the director general of the
BCC, Adam Marshall, defended the right of firms to speak out when practical
questions affecting their business and the livelihoods of millions remained
unanswered.

Politicians and business: Brexit's grumpy bedfellows

Brexit: All you need to know

"Over the past two years, businesses have been patient," Mr Marshall said.

"Now, with the time running out ahead of the UK's exit from the EU, business
patience is reaching breaking point.

"It's time for politicians to stop the squabbling and the Westminster
point-scoring - and start putting the national economic interest first.

"These are not 'siren voices' or special interests. They are the practical,
real-world concerns of businesses of every size and sector, in every part of
the UK."

A UK government spokesperson said: "We're confident of getting a good deal
with the EU to ensure trade remains as free and frictionless as possible.

"Ministers continue to work closely with business to understand their
concerns, and by successfully negotiating the implementation period with the
EU until December 2020, companies can carry on trading with confidence on
the same terms as they do now.

"We have put forward workable proposals to the EU on a range of areas from
the backstop to security - and the White Paper, which will be published
shortly, will continue to drive this process forward."

Last month, the BCC cut its UK growth forecast for 2018 from 1.4% to 1.3%,
warning that the economy faces its weakest year since the financial crisis.

Uncertainties around Brexit, interest rate rises, threats of trade wars and
rising oil prices were all hurting sentiment, the BCC said.

In another development, the Professional and Business Services Council,
which represents accountancy firms and legal services, has written to the
prime minister expressing fears that its members' interests are not being
taken into account in the Brexit negotiations.

The PBSC said: "We fear that both the interim and final deal with the EU
will not fully include the fundamental requirements to avoid sustained harm
to our sectors and our clients, and thereby the wider economy."--BBC

HTC to axe about a quarter of its global workforce

Smartphone-maker HTC is to cut 1,500 jobs in Taiwan, about a quarter of its
global workforce.

The job cuts are part of a "realignment of resources" across the
organisation, the company said in a statement.

The Taiwanese company has had a tough time competing with the likes of Apple
and Samsung.

The job cuts are the latest sign that HTC, once a major player in the
smartphone market, is struggling to keep afloat in a competitive industry.

"Today's reduction in manufacturing workforce announced by HTC is a decisive
step in the realignment of resources across the organization, and will allow
more flexible operations management," HTC said in a statement.

HTC and Alphabet's Google struck a $1.1 bn deal last year - a move that some
took as a sign that HTC needed extra money to keep going.

Under the deal, half of HTC's smartphone research and development team -
about 2,000 people - would go to Google.

HTC manufactures Google's smartphones, the Pixel and Pixel XL.

The company reported a 55.5% drop in April revenues year-on-year, according
to Reuters.--BBC

EU diesel car sales 'to fall to 5% by 2030'

Diesel-powered vehicles are expected to fall to just 5% of the EU car market
by 2030, a new study indicates.

Worries about air quality and emissions standards have already hit diesel
car sales, but consulting firm AlixPartners says the decline will
accelerate.

Diesels' share of the European market has already fallen from 52% to 45%
between 2015 and 2017, the firm says.

However, the shift away from diesel will make it even harder for the EU to
meet CO2 emissions targets, it adds.

Diesel was promoted as more environmentally-friendly than petrol as part of
EU efforts to reduce greenhouse gas emissions, and carbon dioxide (CO2) in
particular.

While diesel fuel contains slightly more carbon, overall CO2 emissions of
the average diesel car are lower.

However, diesel engines generally produce higher levels of nitrogen oxides
and of particulates - tiny pieces of soot that can enter the lungs.

"The EU fleet needs to deliver a 4.6% reduction [in CO2] per year through to
2021. However, in 2017, overall EU CO2 increased 0.3g/km," said the study.

AlixPartners said carmakers were "facing a technology choice", with electric
and hybrid vehicles "the only answer" to the challenge of reducing
emissions.

*         Diesel cars: Why are sales falling?

*         'Worst to come' for diesel cars

*         Diesel cars: Your questions answered

*         Is diesel always the biggest pollution hazard?

Public confidence in diesel was also dented by the Volkswagen emissions
scandal, when it emerged in 2015 that diesel cars had been fitted with
devices designed to cheat emissions tests.

In the UK, diesel car sales fell by 23.6% in May compared with the same
month in 2017, according to the Society of Motor Manufacturers and Traders
(SMMT).

It was the 14th month in a row that diesel's UK market segment had shrunk.
In 2017, demand for new diesel cars fell 17%.

Higher taxes on diesel vehicles may have affected demand in the UK too.

In the November 2017 Budget, the government announced a levy on new diesel
vehicles that failed to meet the latest emissions standards. The first-year
road tax increase for diesel cars came into effect in April and will apply
until about 2021.--BBC

Facebook bug unblocked unwanted users

Facebook has admitted a glitch in its network meant people who had been
blocked were temporarily unblocked.

The bug, revealed by the company on Monday, affected at least 800,000
people.

It was active between between 29 May and 5 June and applied to both core
Facebook and its Messenger app.

The company said it would be informing those affected with a pop-up message,
starting on Monday.

“While someone who was unblocked could not see content shared with friends,
they could have seen things posted to a wider audience, for example pictures
shared with friends of friends,” said Facebook’s chief privacy officer, Erin
Egan, in a blog post.

“We know that the ability to block someone is important - and we’d like to
apologise.”

The blog post details how no friendships that had been completely severed
were reinstated. Of those affected by the glitch, 83% had “only one person
they had blocked temporarily unblocked”, Ms Egan wrote.

While only affecting a small percentage of Facebook’s 2.4 billion users
around the world, the glitch makes troubling reading for those who use the
blocking feature as a method of escaping harassment on the platform.

The disclosure comes against a backdrop of a continuing privacy crisis at
the company. Late Friday, the firm disclosed 110 third parties that had been
given greater access to personal data - exposing a wider network of access
than previously realised.--BBC

Elon Musk calls Tesla 'a real car company'

Tesla is finally "a real car company", chief executive Elon Musk has said,
after hitting a target to build 5,000 Model 3 electric cars in a week.

In an email, Mr Musk praised staff for reaching the much-delayed goal,
helped by setting up production in a tent.

"Intense in tents. Transporting entire production lines across the world in
massive cargo planes. Whatever. It worked," he said.

The Model 3 is Tesla's more affordable electric car aimed at the
mass-market.

Tesla had said it would produce 5,000 Model 3 cars a week by the end of the
second quarter of the year.

The company had originally intended to hit the target by December last year,
but this was then pushed back to the end of the first quarter of 2018 and
then delayed again to the end of the second quarter.

The 5,000th car of the week rolled off the production line on Sunday
morning, according to Reuters.

Mr Musk said in an email: "We did it!! What an incredible job by an amazing
team. Couldn't be more proud to work with you.

"The level of dedication and creativity was mind-blowing. We either found a
way or, by will and inventiveness, created entirely new solutions that were
thought impossible."

Mr Musk said that, together with production of Tesla's Model S car and Model
X SUV, the company achieved "a combined 7,000 vehicle week!".

He added: "I think we just became a real car company."

Mr Musk's enthusiastic announcement prompted a tongue-in-cheek response from
Steven Armstrong, chairman and chief executive for Europe, the Middle East
and Africa at Ford, the 115 year-old US motor giant.

Comparing the two companies' production prowess, Mr Armstrong pointed out
that Ford can produce 7,000 vehicles in about four hours compared to 7,000
in a week.

The Model 3 was first unveiled in 2016 and at the time Tesla said it planed
to produce 5,000 Model 3 cars a week in 2017 and 10,000 a week by 2018.

In order the reach the weekly deadline, Tesla build an entire new general
assembly line between May and June in one of the car parks of its Fremont
factory in California.

Mr Musk has said that the Model 3 is the "best car for its cost, either
electric or gasoline".

Prices start at $35,000 (£26,650), whereas the starting price for the Model
S and Model X are around $80,000.

The Model 3 can run for 220 miles before it needs to be recharged.--BBC

INVESTORS DIARY 2018

Company

Event

Venue

Date & Time

Dawn Properties

AGM

Ophir Room, Monomotapa Hotel

28/06/2018 10am

NicozDiamond

Scheme meeting

7th Floor, 30 Samora Machel Ave

28/06/2018 10am

ZBFH

AGM

Boardroom, Ground Floor, 21 Natal Road, Avondale

28/06/2018 10:30am

African Sun

AGM

Kariba Room, Holiday Inn Harare

28/06/2018 12pm

FBC

AGM

Royal Harare Golf Club

28/06/2018 3pm

Hwange

AGM

Royal Harare Golf Club

29/06/2018 10:30am

Fidelity Life

AGM

Great Indaba Room, Monomotapa Hotel

29/06/2018 11am

Barclays

EGM to consider the change of registered statutory name to First Capital
Bank Limited

Meikles Hotel

03/07/2018 3pm

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/20180703/fd82b98d/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/20180703/fd82b98d/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/20180703/fd82b98d/attachment-0007.jpg>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image003.jpg
Type: image/jpeg
Size: 29401 bytes
Desc: not available
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20180703/fd82b98d/attachment-0008.jpg>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: image004.jpg
Type: image/jpeg
Size: 29388 bytes
Desc: not available
URL: <http://listmail.bulls.co.zw/pipermail/bulls/attachments/20180703/fd82b98d/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/20180703/fd82b98d/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/20180703/fd82b98d/attachment-0011.jpg>