Major International Business Headlines Brief::: 08 June 2018

Fri Jun 8 09:15:01 CAT 2018

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Major International Business Headlines Brief::: 08 June 2018

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*  Exxon seeks to sell out of Tanzanian gas field - sources

*  Congo mining regulations to be signed into law on Friday - mines minister

*  South African rand, bonds tumble to 5-month low in panic sell

*  South Africa's bonds still a favourite despite GDP setback

*  Sibanye CEO says seismic events a fact of life for South Africa mines

*  Tunisia annual inflation rate stood at 7.7 pct in May - official data

*  Botswana Diamonds to buy BCL's stake in exploration project

*  London share trading delayed by one hour

*  Ikea plans ban on single-use plastics by 2020

*  Facebook privacy bug 'affects 14 million users'

*  US reaches deal with China's ZTE, says Wilbur Ross

*  Tesco boss blames business rates for retail woes

*  IMF agrees to loan up to $50bn for Argentina

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

Exxon seeks to sell out of Tanzanian gas field - sources

LONDON (Reuters) - Exxon Mobil is seeking buyers for its stake in a large
undeveloped gas field off Tanzania, according to three banking and industry
sources, as the company focuses on the development of an even bigger project
in neighbouring Mozambique.

The planned sale is an example of Chief Executive Darren Woods’ strategy of
freeing up cash and narrowing the American firm’s focus on a number of giant
projects around the world deemed to have the best prospects, including in
Mozambique, Guyana and U.S. shale.

Woods, who became CEO in January 2017 after predecessor Rex Tillerson
retired and became U.S. secretary of state, has come under heavy pressure
from investors over the past year to turn around the world’s largest
publicly-traded oil and gas company as its output and earnings sagged.

Exxon holds a 35 percent stake in Tanzania’s deepwater Block 2 field that
was discovered earlier this decade. It holds an estimated 23 trillion cubic
feet of gas, according to the website of Norway’s Equinor, which operates
the block and holds a 65 percent stake.

The prospect has faced repeated delays in recent years due mainly to a lack
of infrastructure and regulation for the country’s nascent oil and gas
sector, complicating any sale. The sources said the value of the asset was
unclear due to early stage of development and uncertain future.

Exxon declined to comment.

A spokesman for Equinor declined to comment on the sale process. He said the
company had not changed its plans in Tanzania.

Tanzania has moved down the priority list for Exxon after it acquired a 25
percent stake in the gas-rich Area 4 development offshore Mozambique $2.8
billion from Eni last year.

Area 4, holding an estimated 85 trillion cubic feet of gas, is one of the
world’s largest gas discoveries in recent years, and far bigger than the
Tanzanian field. The project is also far more advanced - it is already under
development and expected to start production in 2022.

Houston-based Exxon has also taken charge of the development of the
liquefied natural gas plant at the site.

 <mailto:info at bulls.co.zw> 

Congo mining regulations to be signed into law on Friday - mines minister

DAKAR (Reuters) - Democratic Republic of Congo’s prime minister will sign
into law on Friday regulations to immediately implement a new mining code
without any concessions to industry demands that key provisions be amended,
the mines minister said on Thursday.

The move could set off a legal battle between the government and major
mining companies operating in Congo, including Glencore and Randgold, which
threatened legal action against the government last week if their concerns
about tax hikes and the elimination of exemptions were not addressed.
[nL5N1T15QR]

“The code will be applied as it was promulgated!” Mines Minister Martin
Kabwelulu told Reuters in a text message.

A spokeswoman for Randgold, who has been handling media queries on behalf of
seven of the largest foreign companies operating in Congo, did not
immediately respond to a request for comment.

Kabwelulu said the regulations would first be adopted at a cabinet meeting
on Friday and then signed by Prime Minister Bruno Tshibala in the evening,
adding that “the application of the code will be immediate!”

The new code scraps 10-year protections for existing projects against
changes to the fiscal regime, imposes a windfall profits tax and increases
royalties. Congo is Africa’s top copper producer and the world’s leading
miner of cobalt.

South African rand, bonds tumble to 5-month low in panic sell

JOHANNESBURG (Reuters) - South Africa’s rand sunk to its weakest level in
more than five months on Thursday as sentiment toward the currency was
soured by a combination of poor economic growth and investors fleeing
emerging markets.

At 1400 GMT the rand was 2.04 percent weaker at 12.9750 per dollar, losing
most of that ground as New York traders came online and offloaded their risk
holdings as turbulence in other emerging markets and weak growth locally led
to some feverish selling.

“We’ve seen some panic selling as the rand went past 12.85. A couple of
stops were triggered and now its momentum trading. It’s nothing to do with
South Africa’s fundamentals, it’s a global EM sentiment thing,” said
fixed-income specialist at Rand Merchant Bank Michelle Wohlberg.

The yield on the benchmark 2026 bond was up 12 basis points to 8.795
percent, also its weakest since mid-December.

Traders noted that Brazil’s real was pounded in early trade, dragging other
emerging currencies down with it. The real was down was down 1.2 percent to
a new 2-year low.

“In this last move we’ve seen a lot of aggressive offshore buyers. We are
not sure if there’s a large flow behind it. We’ve also seen the Brazilian
currency weakening significantly, and other EM’s seem to be following suit,”
said senior trader at Standard Bank Oliver Alwar.

A fall in U.S. weekly jobless claims also put pressure on the rand, which is
still reeling from Tuesday surprise 2.2 percent contraction in first quart
GDP.

April manufacturing data on the day was mixed, shrinking on monthly basis
but up slightly annually.

“The rand’s still suffering from spillover effects from Tuesday’s GDP
numbers. People are worried and aren’t convinced about the direction of the
rand and the economy long-term,” said currency trader at TreasuryOne Wichard
Cilliers.

The break of the 12.85 support line saw momentum indicators tilt to
overbought levels, likely to spur a push to the psychologically crucial
13.00 mark.

Stocks were slightly firmer, with the Johannesburg Stock Exchange’s Top-40
index up 0.7 percent to 52,087 points, while the wider All-Share index was
up 0.67 percent at 58,486 points.

South Africa's bonds still a favourite despite GDP setback

JOHANNESBURG (Reuters) - South African bonds are set to outshine some of
their emerging market peers even after the economy contracted in the first
quarter, as investors bet the country’s new political leadership will adopt
more business-friendly policies, analysts said.

Local assets have rallied since Cyril Ramaphosa took over as leader of
ruling African National Congress in December and as South African president
in February. The trade union leader-turned-businessman is expected to bring
more political stability than his scandal-plagued predecessor Jacob Zuma.

With policy changes by the new administration seen gaining speed over the
course of this year, yield-hungry investors put off by stalled reforms in
other emerging markets may find comfort in the high returns offered by South
Africa’s bonds.

Emerging debt sold off heavily in May as U.S. Treasury bond yields rose
sharply but flows out of South Africa were mild in comparison, with demand
from institutional investors trumping any short-term panic.

Chief Africa economist at Standard Chartered Razia Khan said South Africa’s
disappointing first quarter growth figures, which showed the largest
quarterly contraction in nearly decade, were unlikely to deter investors.

“South African real interest rates relative to the rest of the world still
look very compelling,” said Khan in Johannesburg on Wednesday. “We are
already seeing a lot of analysis saying if you see emerging markets as
providing a buying opportunity, look to South Africa first. The positivity
will come back.”

Gabriele Foa and David Hauner, strategists at Bank of America Merrill Lynch,
said recent improvements in South Africa’s budget, high real interest rates
and a relatively steep curve made local bonds even more attractive.

“10 year ZAR bonds yield 8.7 percent, while we forecast inflation at 4.6
percent for 2018. A 4 percent real rate is high compared to what South
Africa usually offers and versus emerging market peers too,” they said.

ROTATION OF RISK

South Africa’s benchmark bond yields slightly more than similarly-rated
Indonesia’s 7.2 percent and Russia’s 7.4 percent, but much less than
Brazil’s 12 percent and Turkey’s 13.7 percent.

“There is of course a fairly decisive reason for this, being the lack of
political instability, which has led to a strong rotation of risk out of
other more volatile countries and into our markets,” Standard Bank’s chief
trader Warrick Butler said in a note, also comparing South Africa favourably
to Argentina.

The calm is also reflected in one-month implied volatility for the rand, a
gauge of expected swings in the currency, which is near its historic average
and lower than for many key emerging currencies, such as Turkey’s and
Indonesia’s.

Craig Botham, emerging markets economist at Schroders, which manages over
$500 billion worth of assets globally, said the independence of South
Africa’s central bank and lower inflation, seen averaging 4.9 percent in
2018, would steel local bonds against the recent EM turbulence.

Botham said reforms at state firms — including sole power utility Eskom,
where the government has made executive appointments since Ramaphosa became
president — were sending positive signals to investors.

“It’s also a sentiment thing. Reforms around state-owned companies and moves
to remove some of government’s intervention in the economy are really
helping,” he said.

($1 = 12.6900 rand)

Sibanye CEO says seismic events a fact of life for South Africa mines

JOHANNESBURG (Reuters) - Earthquakes such as the one in which seven miners
died last month in South Africa are impossible to predict and a fact of life
for deep level operations there, the chief executive of the mine’s owner
Sibanye-Stillwater said on Thursday.

Mine workers employed at Sibanye Gold's Masimthembe shaft operate a drill in
Westonaria, South Africa, April 3, 2017. REUTERS/Mike Hutchings/File Photo

Precious metals producer Sibanye has been the object of strong criticism
from unions, local media and the government after the earthquake at its
Driefontein gold mine that killed the miners. Another miner was killed there
last week.

“Seismicity is a feature of mining in the region and deep-level mining
layouts and support systems have been designed specifically to cope withy
seismicity,” Neal Froneman said in a presentation to investors.

At Sibanye’s Driefontein and Kloof operations west of Johannesburg, Froneman
said that from 2013 to the middle of May 2018, there were an average of 649
seismic events per year measuring between 1 and 2 magnitude on the Richter
scale. In 2018 alone there have been 234 to that date.

Over the same period there were an average of 84 seismic events per year
that were stronger than 2 magnitude. Seismic events at the operations killed
one miner in 2015, one in 2017, and now eight in 2018 in the two recent
quakes.

“You cannot predict seismic events ... That kind of technology does not
exist,” Froneman said.

The event that killed seven workers last month measured magnitude 2.2 and is
being investigated to see what went so horribly wrong.

“Magnitude 2 events we have all the time, it’s not unusual and these events
generally happen on seismically active structures,” Froneman told Reuters.

What was unusual in this case was that the quake shook the ground in an area
that was not seismically active and the epicentre was only 25 metres in
front of the rock face where the drilling and blasting was taking place.

“We are trying to understand the mechanism of failure in this unusual case,”
Froneman said.

Safety concerns are high on the investor radar screen in South Africa’s
mining industry, which extracts metals from the world’s deepest mines.

Sibanye noted in a recent operational update that last month’s disaster was
a concern among its investors and a factor behind a roughly 28 percent fall
in its share price last month.

The 2017 death toll in South Africa’s mines increased to 88, surpassing the
2016 figure of 73 and ending nine straight years of falling fatalities in a
country with an unforgiving geology that has produced a third of the gold
ever mined in recorded history.

Tunisia annual inflation rate stood at 7.7 pct in May - official data

TUNIS (Reuters) - Tunisia’s annual inflation held steady in May at 7.7
percent year-on-year, official data showed on Thursday.

Inflation accelerated from 6.9 percent in January to 7.7 percent in April,
its highest level since 1991.

The central bank raised its key interest rate to 5.75 percent in March from
5.0 percent to tackle inflation.

Botswana Diamonds to buy BCL's stake in exploration project

GABORONE (Reuters) - Botswana Diamonds (BoD) wants to buy liquidated BCL
Mine’s shares in a diamonds exploration joint venture project, its managing
director said on Thursday.

BCL mine group, which has been under liquidation since 2016, is selling its
51 percent stake in Maibwe Diamonds for an undisclosed amount.

“We have put in an offer to the liquidator of BCL and we hope to get a
response in the next few months,” BoD managing director James Campbell told
a mining conference.

The Maibwe JV consists of a block of ten licences, which are located in the
central Kalahari region of the country.

The other partners in Maibwe are local consortium Future Minerals that holds
a 20 percent stake and private South African venture Siseko, which has a 29
percent stake.

Campbell said Botswana Diamonds was looking at expanding its footprint in
Southern Africa.

The firm has made significant progress in its JV projects in South Africa,
where the use of new technology in exploration has increased the potential
of profitably exploiting reserves previously discovered by global diamond
giant De Beers.

Campbell also said BoD has teamed up with mining and resource development
firm Vast Resources to explore for diamonds in Zimbabwe, saying both firms
have extensive experience in Zimbabwe, which “is opening for business and
both companies are keen to make the most of this opportunity.”

London share trading delayed by one hour

Trading in shares on the London stock market was delayed by an hour on
Thursday morning.

The London Stock Exchange said the opening auction was delayed to
investigate a technical issue.

Trading normally begins at 08:00 each weekday, but Thursday's opening
session did not begin until 09:00.

When trading finally began, the benchmark FTSE 100 rose immediately, but
lost ground later and ended the day in negative territory.

A spokesperson for the LSE said a software issue had disrupted orders made
during the pre-open auction system.

As a result, the decision had been made to delay the market open "to
preserve the integrity of the market and to ensure orderly trading".

According to software expert Lev Lesokhin, who is head of strategy at CAST,
outages like this are almost inevitable.

"Exchanges have been competing on their ability to support multiple trade
types, which drives up complexity," he said. "All this while volumes are
driven up by algorithm trading."

Other European bourses have also faced issues in recent months.

Last month, Euronext experienced a glitch that caused problems publishing
major indices, including the French Cac 40.

Equities and futures trading on Germany's Deutsche Börse was delayed by more
than an hour in March, because of "technical issues" with its trading
system.--bbc

Ikea plans ban on single-use plastics by 2020

Swedish retail giant Ikea says it will stop selling single-use plastic
products by 2020.

It says the ban will apply across all its global stores.

Ikea says in future, it will design products to be able to be repaired,
resold or recycled.

Its move follows hard on the heels of an announcement by the European Union
that it plans to ban plastic items including straws, cotton buds, cutlery,
balloon sticks and drink stirrers.

Single-use plastics can be very damaging to marine life.

The move is part of its plan to design all Ikea products with the aim of
using only renewable and recycled materials and to achieve zero emissions by
2025.

It will also increase the number of non-meat meals and snacks in its
restaurants.

Torbjorn Loof, chief executive at Inter Ikea Group, said: "Through our size
and reach we have the opportunity to inspire and enable more than one
billion people to live better lives, within the limits of the planet.

"We are committed to taking the lead working together with everyone - from
raw material suppliers all the way to our customers and partners."--BBC

Facebook privacy bug 'affects 14 million users'

A software bug meant millions of Facebook users may have unknowingly posted
private information to the public, the company has warned.

The glitch set a user’s post to be shared to "everyone", even if a user had
previously chosen a more restricted option, such as “friends of friends”.

“We’d like to apologise for this mistake,” said Erin Egan, Facebook’s head
of privacy.

Users who may have been affected will be notified on the site’s newsfeed.

"We recently found a bug that automatically suggested posting publicly when
some people were creating their Facebook posts,” Ms Egan said.

"We have fixed this issue and starting today we are letting everyone
affected know and asking them to review any posts they made during that
time.

"To be clear, this bug did not impact anything people had posted before -
and they could still choose their audience just as they always have. We’d
like to apologise for this mistake."

The glitch was active between 18 and 22 May, a spokeswoman added, but it
took the site until 27 May to switch posts back to private - or whatever the
user had typically used before the bug became apparent.

How to protect your Facebook data

Facebook data - do we get what we deserve?

What did the bug do?

When users post to Facebook, there is a menu option that dictates who sees
that post. If the user chooses public, anyone can view that post.

The other options limit the audience, with most users typically posting
updates that reach their friends.

Facebook remembers what setting you last chose and automatically selects it
the next time you make a post.

However, between 18 and 22 May this year, the bug would set posts to
“public” even if the user had, in the previous post, chosen something more
private.

If the user did not notice the setting had changed, they may have posted
something publicly that was not intended for that wider audience.

Facebook said it estimates 14 million people did so - and so has started
notifying users. In the meantime, it has reverted the audience for any
affected posts to whatever setting the user had selected previously.

More mishaps

While relatively minor compared to recent issues facing the company, the
glitch is another embarrassing slip-up for a firm already under heavy fire
over privacy concerns.

This week, it has been answering questions about the nature of data-sharing
deals with handset makers including Chinese manufacturers Huawei and ZTE.

Those affected by this latest blunder will be shown a graphical notification
soon, with the chance to review what posts may have been posted publicly by
mistake.

A spokesperson told the BBC this method of communication might become more
frequent as the network works on ways to be more transparent with
users.--BBC

US reaches deal with China's ZTE, says Wilbur Ross

The US has reached a deal with Chinese tech firm ZTE that will remove a ban
that prevented the company from buying parts from US suppliers, Commerce
Secretary Wilbur Ross has said.

The deal will involve ZTE paying a $1bn penalty and hiring a compliance team
chosen by the US.

ZTE will also be required to replace its management board within 30 days.

The US had blocked ZTE's access to American suppliers, saying it had
violated a sanctions settlement.

China's President Xi Jinping asked the US to reconsider that punishment,
which forced ZTE, the world's fourth-largest mobile phone maker and a major
employer in China, to suspend major operations.

Mr Ross said the fine was the largest penalty ever levied by Commerce's
Bureau of Industry and Security and pledged to continue monitoring ZTE's
behaviour.

The new deal will also see ZTE paying $400m into a holding account to insure
against future violations.

Tough on China?

The decision to lift the ban has faced sharp criticism from US politicians,
including from some Republicans, who view the telecoms company as a national
security risk.

A bipartisan group of Senators introduced legislation on Thursday that would
restore the prior penalties. Its odds of passing are unclear.

Senator Chuck Schumer, a leading Democrat, called on Congress to reverse the
deal.

"There is absolutely no good reason that ZTE should get a second chance, and
this decision marks a 180 degree turn away from the president's promise to
be tough on China," he said.

ZTE is based in Shenzhen, close to Hong Kong, and was founded in 1985.

It is China's second largest telecoms manufacturer and depends on US-made
components for the production of handsets.

The US banned access to US suppliers in April after finding ZTE violated a
settlement reached after it admitted to shipping goods to Iran and North
Korea, countries subject to US trade sanctions.

US-China tensions

Negotiations over ZTE had been linked to wider trade talks between the US
and China.

President Donald Trump has proposed tariffs of up to 25% on up to $60bn
worth of Chinese imports.

However, Mr Ross stated that the ZTE agreement would not have any effect on
the talks.

The announcement boosted shares in US component makers including Acacia
Communications, Oclaro and Lumentum Holdings.--BBC

Tesco boss blames business rates for retail woes

The boss of Britain's biggest supermarket has blamed the collapse of some
retailers partly on the expense of business rates.

Dave Lewis, Tesco chief executive, said the charges that firms must pay on
their buildings played a "large part" in sending some retailers to the wall.

Last year a revamp of business rates saw some bills rise, while others fell.

He questioned whether raising business rates was resulting in an "uneven
playing field" for some firms.

Retail is the UK's biggest private sector employer, Mr Lewis told the BBC.

"Are we allowing it to stay competitive, or are we by stealth lowering
corporation tax and increasing business rates to a place which is creating
an uneven playing field and forcing people to think about how it is they
avoid that cost and find other routes to the market?" he asked.

The Tesco boss said business rates was the biggest tax his company paid,
adding up to more than £700m a year.

"You need a level playing field ... between an online digital world and a
traditional retail store base model like the one we have," Mr Lewis said.

Business rates changes 'threaten high streets'

Mr Lewis also took ministers to task for ignoring retail - as well as the
food industry - in the government's industrial strategy.

His plea for action on business rates echoes comments made last year by Mike
Coupe, chief executive of rival supermarket Sainsbury's.

He called for "fundamental reforms" to the "archaic" business rates system,
which ignored the rise of online retailers based in out-of-town warehouses.

Sainsbury's recently announced plans to merge with Asda in a deal that would
create the UK's biggest supermarket operator, eclipsing Tesco.

Despite the hefty charges faced by retailers with large numbers of physical
stores, Mr Lewis says shops are "definitely here to stay".

He conceded that Tesco has more retail space than it needs, prompting it to
try ideas like bringing in other brands such as Holland and Barratt to offer
customers something different.

Too much space is just one problem supermarkets are grappling with: they are
also threatened by online retailers such as Amazon.

It now owns the upmarket US grocery chain Whole Foods and earlier this year
opened a supermarket with no checkouts in Seattle as a testbed.

Doug Gurr, Amazon's UK boss, said most retailers now have a mix of online
and physical store sales.

"There's huge value in walking in and touching and feeling products 
 but at
the same time there's a huge convenience in being able to order products on
my phone, on my tablet, to be able to order 24 hours a day," he said.

Retailers that want to give customers what they want will have a "blend of
the two", he added.

Mr Gurr highlights an Amazon seller who has run a record store in Stirling
for more than 25 years. Now more than three quarters of his sales are online
to customers around the world.

"It's going so well he's actually been able to open two more physical shops
in Edinburgh and Aberdeen, so that for me is really where we're going," he
said. "I think you'll see a much more hybrid model."

Meanwhile, Marks & Spencer chairman Archie Norman has summed up the
challenges to retail in the company's annual report published on Thursday,
saying the "tide is running more strongly against us now than at any
previous time".

M&S plans to close 100 UK stores by 2022 in a move it says is vital for the
retailer's future.

He added: "There is no doubt in my mind that we face formidable headwinds
and transformational changes are needed.

"The continued migration of clothing and home online, the further
development of global competition, the growth of home delivery in food and
the march of the discounters all amount to threats that are eroding our
business and market position.

"These, together with a challenging UK consumer market, mean that we have a
burning platform. Accelerated change is the only option."--BBC

IMF agrees to loan up to $50bn for Argentina

"IMF never again": There is widespread suspicion in Argentina about a new
deal

The International Monetary Fund has agreed to lend Argentina up to $50bn
(£37.2bn) as the country seeks to bolster its struggling economy.

The three-year agreement must still be approved by the IMF board.

Argentina, which has been plagued by economic problems for years, asked for
assistance from the IMF on 8 May after its currency hit an all-time low.

The country has committed to tackle its double digit inflation and public
spending as part of the deal.

"The [Argentine] authorities have indicated that they intend to draw on the
first tranche of the arrangement, but subsequently treat the loan as
precautionary," the IMF said in a statement on Thursday.

Argentina raises interest rates to 40%

Argentina seeks IMF aid 'to avoid crisis'

Argentine President Mauricio Macri's decision to ask the IMF for help was
criticised by many within his country.

The IMF is widely loathed and blamed for Argentina's 2001 economic collapse
after it pulled the plug on the country and denied it financial support.

But Mr Macri had said previously a fresh loan from the Fund would allow his
government to strengthen a programme of growth and development "giving us
greater support to face this new global scenario and avoid crises like the
ones we have had in our history".

IMF Managing Director Christine Lagarde congratulated Argentine authorities
on reaching the agreement.

"As we have stressed before, this is a plan owned and designed by the
Argentine government, one aimed at strengthening the economy for the benefit
of all Argentines," Ms Lagarde said.

"I am pleased that we can contribute to this effort by providing our
financial support, which will bolster market confidence, allowing the
authorities time to address a range of long-standing vulnerabilities."

It may seem like Argentina and the IMF are on opposite sides of the
negotiations.

But in reality they both want the same thing.

Both Mauricio Macri and Christine Lagarde want to cut public spending to
bring down inflation - the highest amongst G20 economies.

The $50bn deal will make Argentina move faster with its reforms.

It will have to reduce its fiscal deficit to zero by 2020 - one year earlier
than it had promised.

The IMF is also aware of its nefarious reputation in a country that still
blames the Fund for its woes.

So it included a clause in the pact to allow the government to spend more
money on social programmes, if deemed necessary.

The IMF board is expected to vote on the deal in the coming days in
Washington.

Alejandro Werner, director of the IMF's Western Hemisphere Department, and
Roberto Cardarelli, mission chief for Argentina, are expected to address a
press conference in Washington later on Friday.--BBC

INVESTORS DIARY 2018

Company

Event

Venue

Date & Time

FMHL

AGM

Royal Harare Golf Club

11/06/2018 2:30pm

RioZim

AGM

Head Office, 1 Kenilworth Road, Highlands

21/06/2018 10:30am

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

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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 

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