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e:10.0pt;font-family:"Trebuchet MS",sans-serif;color:black;mso-fareast-language:EN-ZW'>Bulls n Bears Investors Notebook Issue 224: 04 April 2019</span></b><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=5 style='width:3.5pt;padding:0in 0in 0in 0in'><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'> <o:p></o:p></span></p></td></tr><tr><td width=827 colspan=8 valign=top style='width:620.15pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt'><p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;color:black;mso-fareast-language:EN-ZW'> </span></b><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=5 style='width:3.5pt;padding:0in 0in 0in 0in'><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'> <o:p></o:p></span></p></td></tr><tr style='height:188.25pt'><td width=827 colspan=8 valign=top style='width:620.15pt;border:solid #BFBFBF 1.0pt;border-top:none;padding:0in 5.4pt 0in 5.4pt;height:188.25pt'><p class=MsoNormal align=center style='text-align:center'><a href="mailto:zitfmktg@zitf.co.zw"><span style='color:windowtext;mso-fareast-language:EN-ZW;text-decoration:none'><img border=0 width=792 height=264 id="Picture_x0020_5" src="cid:image001.jpg@01D4EAD8.CEB65B80"></span></a><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=5 style='width:3.5pt;padding:0in 0in 0in 0in;height:188.25pt'><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'> <o:p></o:p></span></p></td></tr><tr style='height:10.05pt'><td width=827 colspan=8 valign=top style='width:620.15pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:10.05pt'><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;mso-fareast-language:EN-ZW'> </span><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=5 style='width:3.5pt;padding:0in 0in 0in 0in;height:10.05pt'><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'> <o:p></o:p></span></p></td></tr><tr style='height:8.25pt'><td width=827 colspan=8 valign=top style='width:620.15pt;border:solid #BFBFBF 1.0pt;border-top:none;background:gray;padding:0in 5.4pt 0in 5.4pt;height:8.25pt'><p class=MsoNormal style='margin-left:12.6pt;text-indent:4.5pt'><b><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;color:white;mso-fareast-language:EN-ZW'>Bulls ‘n Bears Investors Diary: Today’s Events</span></b><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=5 style='width:3.5pt;padding:0in 0in 0in 0in;height:8.25pt'><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'> <o:p></o:p></span></p></td></tr><tr style='height:9.6pt'><td width=180 colspan=2 valign=top style='width:135.0pt;border:solid #BFBFBF 1.0pt;border-top:none;background:gray;padding:0in 5.4pt 0in 5.4pt;height:9.6pt'><p class=MsoNormal style='line-height:105%'><span style='color:white'><o:p> </o:p></span></p></td><td width=66 style='width:49.5pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:gray;padding:0in 0in 0in 0in;height:9.6pt'><p class=MsoNormal style='line-height:105%'><span style='font-size:10.0pt;line-height:105%;font-family:"Trebuchet MS",sans-serif;color:white'><o:p> </o:p></span></p></td><td width=324 colspan=3 style='width:243.0pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:gray;padding:0in 0in 0in 0in;height:9.6pt'><p class=MsoNormal style='line-height:105%'><span style='color:white'><o:p> </o:p></span></p></td><td width=257 colspan=2 valign=top style='width:192.65pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:gray;padding:0in 5.4pt 0in 5.4pt;height:9.6pt'><p class=MsoNormal style='line-height:105%'><span style='font-size:10.0pt;line-height:105%;font-family:"Trebuchet MS",sans-serif;color:white'><o:p> </o:p></span></p></td><td width=5 style='width:3.5pt;padding:0in 0in 0in 0in;height:9.6pt'><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p> </o:p></span></p></td></tr><tr style='height:3.25pt'><td width=827 colspan=8 valign=top style='width:620.15pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;mso-fareast-language:EN-ZW'> </span><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=5 style='width:3.5pt;padding:0in 0in 0in 0in;height:3.25pt'><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'> <o:p></o:p></span></p></td></tr><tr style='height:40.65pt'><td width=161 rowspan=3 valign=top style='width:120.4pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:40.65pt'><p class=MsoNormal style='margin-left:12.6pt'><b><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;mso-fareast-language:EN-ZW'>Quotable Quote</span></b><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;mso-fareast-language:EN-ZW'>:</span><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p><p class=MsoNormal style='margin-left:12.6pt'><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;color:black;mso-fareast-language:EN-ZW'>Relations are all about: Winning, Losing & Sharing.<br>Winning Trust, Losing ego</span><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=19 valign=top style='width:14.6pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:40.65pt'><p class=MsoNormal><span lang=EN-US style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;color:black;mso-fareast-language:EN-ZW'> </span><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=647 colspan=6 valign=top style='width:485.15pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:40.65pt'><p class=MsoNormal><b>Trade fair preparations gather momentum   <o:p></o:p></b></p><p class=MsoNormal>More than 90 percent of the available exhibition space at this year’s Zimbabwe International Trade Fair (ZITF) has been taken up with 12 foreign nations having so far confirmed participation at the prime trade showcase. Addressing journalists during a Press conference at the Zimbabwe International Exhibition Centre in Bulawayo yesterday, Industry and Commerce Minister Mangaliso Nqobizitha Ndlovu said preparations for the upcoming event to be held from April 23 to 27 under the theme, “Propagating Industrial Growth through Trade and Investment,” have gathered momentum. Preparations for the 60th edition of the ZITF are gaining momentum and the ZITF Company is optimistic it will be a successful show,” he said. <a href="http://www.bulls.co.zw/"><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;color:windowtext;mso-fareast-language:EN-ZW;text-decoration:none'>Read more »</span></a><o:p></o:p></p></td><td width=5 style='width:3.5pt;padding:0in 0in 0in 0in;height:40.65pt'><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'> <o:p></o:p></span></p></td></tr><tr style='height:2.95pt'><td width=19 valign=top style='width:14.6pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:2.95pt'><p class=MsoNormal><span lang=EN-US style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;color:black;mso-fareast-language:EN-ZW'> </span><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=647 colspan=6 valign=top style='width:485.15pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:2.95pt'><p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;mso-fareast-language:EN-ZW'> </span></b><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=5 style='width:3.5pt;border:none;border-bottom:solid #BFBFBF 1.0pt;padding:0in 0in 0in 0in;height:2.95pt'><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'> <o:p></o:p></span></p></td></tr><tr style='height:83.4pt'><td width=19 valign=top style='width:14.6pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:83.4pt'><p class=MsoNormal><span lang=EN-US style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;color:black;mso-fareast-language:EN-ZW'> </span><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=647 colspan=6 valign=top style='width:485.15pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:83.4pt'><p class=MsoNormal><b>Zimbabwe on top again. . .Among 10 most sought-after destinations for UK-based tourists   <o:p></o:p></b></p><p class=MsoNormal>INTERNATIONAL holiday rental search engine, HomeToGo, has named Zimbabwe among the top 10 trending destinations for United Kingdom-based tourists.  Due to its irresistible tourist attractiveness, the country has been ranked number six out of the 10 best places to visit. The search engine said the destinations were chosen based on the year-on-year increases in searches in January 2019 compared to January 2018.<span class=MsoHyperlink><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;color:windowtext;mso-fareast-language:EN-ZW;text-decoration:none'> </span></span><a href="http://www.bulls.co.zw/"><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;color:windowtext;mso-fareast-language:EN-ZW;text-decoration:none'>Read more »</span></a><o:p></o:p></p></td><td style='border:none;padding:0in 0in 0in 0in' width=5><p class='MsoNormal'> </td></tr><tr style='height:3.25pt'><td width=827 colspan=8 valign=top style='width:620.15pt;border:solid #BFBFBF 1.0pt;border-top:none;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoNormal align=center style='text-align:center'><a href="http://www.firstmutualproperties.co.zw/"><span style='color:windowtext;mso-fareast-language:EN-ZW;text-decoration:none'><img border=0 width=792 height=248 id="Picture_x0020_4" src="cid:image002.jpg@01D4EAD8.CEB65B80"></span></a><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=5 style='width:3.5pt;padding:0in 0in 0in 0in;height:3.25pt'><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'> <o:p></o:p></span></p></td></tr><tr style='height:6.0pt'><td width=827 colspan=8 valign=top style='width:620.15pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:6.0pt'><p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;mso-fareast-language:EN-ZW'> </span></b><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=5 style='width:3.5pt;padding:0in 0in 0in 0in;height:6.0pt'><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'> <o:p></o:p></span></p></td></tr><tr style='height:48.75pt'><td width=161 valign=top style='width:120.4pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:48.75pt'><p class=MsoNormal align=center style='margin-left:12.6pt;text-align:center;text-indent:-3.75pt'><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;mso-fareast-language:EN-ZW'>For more business & financial updates log onto</span><a href="http://www.bulls.co.zw/" target="_blank"><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;color:black;mso-fareast-language:EN-ZW'>www.bulls.co.zw</span></a><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=19 valign=top style='width:14.6pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:48.75pt'><p class=MsoNormal><b><span lang=EN-US style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;color:black;mso-fareast-language:EN-ZW'> </span></b><b><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></b></p></td><td width=647 colspan=6 valign=top style='width:485.15pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:48.75pt'><p class=MsoNormal><b><span style='mso-fareast-language:EN-ZW'>$600 minimum pay for civil servants   <o:p></o:p></span></b></p><p class=MsoNormal><span style='mso-fareast-language:EN-ZW'>Government has announced a $400 million cost of living adjustment package for civil servants with effect from April 1, 2019 that will see the least-paid employee taking home over $600 as it moves to cushion its workers from the obtaining economic challenges. The salary increases will range from 13 percent to 29 percent, depending on grades. This will be effected from deputy director level in Government ministries to the lowest income earner, who in this case will get the highest increment of 29 percent.</span><span class=MsoHyperlink><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;color:windowtext;mso-fareast-language:EN-ZW;text-decoration:none'> </span></span><a href="http://www.bulls.co.zw/"><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;color:windowtext;mso-fareast-language:EN-ZW;text-decoration:none'>Read more »</span></a><o:p></o:p></p></td><td width=5 style='width:3.5pt;padding:0in 0in 0in 0in;height:48.75pt'><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'> <o:p></o:p></span></p></td></tr><tr style='height:7.35pt'><td width=161 valign=top style='width:120.4pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:7.35pt'><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;mso-fareast-language:EN-ZW'> </span><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=19 valign=top style='width:14.6pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:7.35pt'><p class=MsoNormal><span lang=EN-US style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;color:black;mso-fareast-language:EN-ZW'> </span><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=647 colspan=6 valign=top style='width:485.15pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:7.35pt'><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;mso-fareast-language:EN-ZW'> </span><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=5 style='width:3.5pt;padding:0in 0in 0in 0in;height:7.35pt'><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'> <o:p></o:p></span></p></td></tr><tr style='height:48.75pt'><td width=161 valign=top style='width:120.4pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:48.75pt'><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;mso-fareast-language:EN-ZW'> </span><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=19 valign=top style='width:14.6pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:48.75pt'><p class=MsoNormal><span lang=EN-US style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;color:black;mso-fareast-language:EN-ZW'> </span><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=647 colspan=6 valign=top style='width:485.15pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:48.75pt'><p class=MsoNormal><b><span style='mso-fareast-language:EN-ZW'>‘Devolution unlocks value of natural endowments’   <o:p></o:p></span></b></p><p class=MsoNormal><span style='mso-fareast-language:EN-ZW'>TRADE development and promotion body, ZimTrade has called for the immediate implementation of devolution citing a plethora of economic benefits that could emanate from the process. Devolution is a statutory decentralisation or delegation of decision making to lower levels of government which includes, provincial and district authorities. From an economic dimension it encompasses fiscal, investment, trade and administrative issues among  others. According to ZimTrade, devolution unlocks the value of natural endowments and enhances the ease of doing export business since it provides an alternative to geographical centralisation of permit and license issuing offices which normally cause delays and increased costs of doing business. </span><a href="http://www.bulls.co.zw/"><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;color:windowtext;mso-fareast-language:EN-ZW;text-decoration:none'>Read more »</span></a><span style='mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=5 style='width:3.5pt;padding:0in 0in 0in 0in;height:48.75pt'><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'> <o:p></o:p></span></p></td></tr><tr style='height:15.9pt'><td width=827 colspan=8 valign=top style='width:620.15pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:15.9pt'></td><td width=5 style='width:3.5pt;padding:0in 0in 0in 0in;height:15.9pt'><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'> <o:p></o:p></span></p></td></tr><tr style='height:15.9pt'><td width=161 valign=top style='width:120.4pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:15.9pt'><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;mso-fareast-language:EN-ZW'> </span><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=19 valign=top style='width:14.6pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:15.9pt'><p class=MsoNormal><span lang=EN-US style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;color:black;mso-fareast-language:EN-ZW'> </span><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=647 colspan=6 valign=top style='width:485.15pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:15.9pt'><p class=MsoNormal><b><span style='mso-fareast-language:EN-ZW'>Public procurement should follow the law to the letter   <o:p></o:p></span></b></p><p class=MsoNormal><span style='mso-fareast-language:EN-ZW'>The Procurement Regulatory Authority of Zimbabwe will from this month, publish a weekly column entitled Public Procurement Matters to provide clarification on public procurement related matters. It is Public Procurement Matters in that it discusses issues relating to trade with the public sector. Public procurement matters in that when done well, the general public is assured of efficient and effective public services. </span><a href="http://www.bulls.co.zw/"><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;color:windowtext;mso-fareast-language:EN-ZW;text-decoration:none'>Read more »</span></a><o:p></o:p></p></td><td width=5 style='width:3.5pt;padding:0in 0in 0in 0in;height:15.9pt'><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'> <o:p></o:p></span></p></td></tr><tr style='height:15.9pt'><td width=161 valign=top style='width:120.4pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:15.9pt'><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;mso-fareast-language:EN-ZW'> </span><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=19 valign=top style='width:14.6pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:15.9pt'><p class=MsoNormal><span lang=EN-US style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;color:black;mso-fareast-language:EN-ZW'> </span><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=647 colspan=6 valign=top style='width:485.15pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:15.9pt'><p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;mso-fareast-language:EN-ZW'> </span></b><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=5 style='width:3.5pt;padding:0in 0in 0in 0in;height:15.9pt'><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'> <o:p></o:p></span></p></td></tr><tr style='height:42.0pt'><td width=161 valign=top style='width:120.4pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:42.0pt'><p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;mso-fareast-language:EN-ZW'> </span></b><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=19 valign=top style='width:14.6pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:42.0pt'><p class=MsoNormal><span lang=EN-US style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;color:black;mso-fareast-language:EN-ZW'> </span><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=647 colspan=6 valign=top style='width:485.15pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:42.0pt'></td><td width=5 style='width:3.5pt;padding:0in 0in 0in 0in;height:42.0pt'><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'> <o:p></o:p></span></p></td></tr><tr style='height:3.25pt'><td width=827 colspan=8 valign=top style='width:620.15pt;border:solid #BFBFBF 1.0pt;border-top:none;background:white;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoNormal align=center style='text-align:center'><a href="mailto:info@bulls.co.zw"><span style='color:windowtext;mso-fareast-language:EN-ZW;text-decoration:none'><img border=0 width=792 height=278 id="_x0000_i1027" src="cid:image003.jpg@01D4EAD8.CEB65B80"></span></a><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=5 style='width:3.5pt;padding:0in 0in 0in 0in;height:3.25pt'><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'> <o:p></o:p></span></p></td></tr><tr style='height:14.1pt'><td width=161 valign=top style='width:120.4pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:14.1pt'><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;mso-fareast-language:EN-ZW'> </span><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=19 valign=top style='width:14.6pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:14.1pt'><p class=MsoNormal><span lang=EN-US style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;color:black;mso-fareast-language:EN-ZW'> </span><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=647 colspan=6 valign=top style='width:485.15pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:14.1pt'></td><td width=5 style='width:3.5pt;padding:0in 0in 0in 0in;height:14.1pt'><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'> <o:p></o:p></span></p></td></tr><tr><td width=161 style='width:120.4pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt'></td><td width=19 valign=top style='width:14.6pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt'></td><td width=647 colspan=6 valign=top style='width:485.15pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt'><p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;mso-fareast-language:EN-ZW'>Liquid Telecom receives US$180 million   <o:p></o:p></span></b></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;mso-fareast-language:EN-ZW'>Liquid Telecom has completed the US$180 million sale of an 8 percent stake to the British government Sovereign Wealth Fund for developing countries known as Commonwealth Development Corporation (CDC). The company said in a statement through the Irish Stock Exchange that all conditions precedent to a deal that was announced in December 2018 had been met, and it has now received all the money. </span><a href="http://www.bulls.co.zw/"><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;color:windowtext;mso-fareast-language:EN-ZW;text-decoration:none'>Read more »</span></a><o:p></o:p></p></td><td width=5 style='width:3.5pt;padding:0in 0in 0in 0in'><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'> <o:p></o:p></span></p></td></tr><tr style='height:17.0pt'><td width=161 style='width:120.4pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:17.0pt'></td><td width=19 valign=top style='width:14.6pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:17.0pt'><p class=MsoNormal><span lang=EN-US style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;color:black;mso-fareast-language:EN-ZW'> </span><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=647 colspan=6 valign=top style='width:485.15pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:17.0pt'><p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;mso-fareast-language:EN-ZW'> </span></b><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=5 style='width:3.5pt;padding:0in 0in 0in 0in;height:17.0pt'><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'> <o:p></o:p></span></p></td></tr><tr><td width=161 style='width:120.4pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt'></td><td width=19 valign=top style='width:14.6pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt'><p class=MsoNormal><span lang=EN-US style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;color:black;mso-fareast-language:EN-ZW'> </span><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=647 colspan=6 valign=top style='width:485.15pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt'><p class=MsoNormal><b>Vic Falls fees unchanged   <o:p></o:p></b></p><p class=MsoNormal>The Zimbabwe Parks and Wildlife Management Authority (Zimparks) has dismissed speculation that it has effected or is planning an upward review for access fees into the Victoria Falls rain forest. This comes in the wake of speculation from some sections who were peddling the view that Zimparks would multiply the RTGS$7 fee with the prevailing interbank exchange rate following monetary authorities’ discarding of the “1:1” exchange rate in the 2019 Monetary Policy Statement.<span class=MsoHyperlink><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;color:windowtext;mso-fareast-language:EN-ZW;text-decoration:none'> </span></span><a href="http://www.bulls.co.zw/"><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;color:windowtext;mso-fareast-language:EN-ZW;text-decoration:none'>Read more »</span></a><o:p></o:p></p></td><td width=5 style='width:3.5pt;padding:0in 0in 0in 0in'><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'> <o:p></o:p></span></p></td></tr><tr><td width=161 style='width:120.4pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt'></td><td width=19 valign=top style='width:14.6pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt'><p class=MsoNormal><span lang=EN-US style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;color:black;mso-fareast-language:EN-ZW'> </span><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=647 colspan=6 valign=top style='width:485.15pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt'></td><td width=5 style='width:3.5pt;padding:0in 0in 0in 0in'><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'> <o:p></o:p></span></p></td></tr><tr><td width=827 colspan=8 style='width:620.15pt;border:solid #BFBFBF 1.0pt;border-top:none;padding:0in 5.4pt 0in 5.4pt'><p class=MsoNormal align=center style='text-align:center'><a href="mailto:info@bulls.co.zw"><span style='color:windowtext;mso-fareast-language:EN-ZW;text-decoration:none'><img border=0 width=792 height=278 id="_x0000_i1026" src="cid:image003.jpg@01D4EAD8.CEB65B80"></span></a><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=5 style='width:3.5pt;padding:0in 0in 0in 0in'><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'> <o:p></o:p></span></p></td></tr><tr style='height:5.75pt'><td width=827 colspan=8 style='width:620.15pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:5.75pt'></td><td width=5 style='width:3.5pt;padding:0in 0in 0in 0in;height:5.75pt'><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'> <o:p></o:p></span></p></td></tr><tr><td width=161 style='width:120.4pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt'></td><td width=19 valign=top style='width:14.6pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt'><p class=MsoNormal><span lang=EN-US style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;mso-fareast-language:EN-ZW'> </span><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=647 colspan=6 valign=top style='width:485.15pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt'><p class=MsoNormal><b><span style='mso-fareast-language:EN-ZW'>RTGS$30m kitty for distressed firms   <o:p></o:p></span></b></p><p class=MsoNormal><span style='mso-fareast-language:EN-ZW'>GOVERNMENT has allocated RTGS$30 million to the Industrial Development Corporation of Zimbabwe (IDCZ) for extension to distressed companies. This was said by Industry and Commerce Minister Nqobizitha Mangaliso Ndlovu on Monday during his meeting with business member organisations (BMOs) and IDCZ officials in Harare. Minister Ndlovu said the sanctions imposed by the United States and its Western allies since the turn of the millennium, have adversely impacted on the operations of many local companies, resulting in untold job losses.</span><span class=MsoHyperlink><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;color:windowtext;mso-fareast-language:EN-ZW;text-decoration:none'> </span></span><a href="http://www.bulls.co.zw/"><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;color:windowtext;mso-fareast-language:EN-ZW;text-decoration:none'>Read more »</span></a><o:p></o:p></p></td><td width=5 style='width:3.5pt;padding:0in 0in 0in 0in'><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'> <o:p></o:p></span></p></td></tr><tr style='height:8.7pt'><td width=161 style='width:120.4pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:8.7pt'></td><td width=19 valign=top style='width:14.6pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:8.7pt'><p class=MsoNormal><span lang=EN-US style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;mso-fareast-language:EN-ZW'> </span><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=647 colspan=6 valign=top style='width:485.15pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:8.7pt'><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;mso-fareast-language:EN-ZW'> </span><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=5 style='width:3.5pt;padding:0in 0in 0in 0in;height:8.7pt'><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'> <o:p></o:p></span></p></td></tr><tr><td width=161 style='width:120.4pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt'></td><td width=19 valign=top style='width:14.6pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt'><p class=MsoNormal><span lang=EN-US style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;mso-fareast-language:EN-ZW'> </span><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=647 colspan=6 valign=top style='width:485.15pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt'><p class=MsoNormal><b>Merchants to recover 30pc of tobacco loans   <o:p></o:p></b></p><p class=MsoNormal>The Reserve Bank of Zimbabwe says merchants who used offshore funds to support tobacco production are required to use a split ratio of 70 percent US dollar and 30 percent RTGS$ when recovering loans extended to farmers. This policy position is contained in an exchange control directive, circular number of 2019 issued by the central bank, dated March 27, 2019. The circular also contains several other directives on the treatment of foreign currency in the country.<span class=MsoHyperlink><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;color:windowtext;mso-fareast-language:EN-ZW;text-decoration:none'> </span></span><a href="http://www.bulls.co.zw/"><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;color:windowtext;mso-fareast-language:EN-ZW;text-decoration:none'>Read more »</span></a><o:p></o:p></p></td><td width=5 style='width:3.5pt;padding:0in 0in 0in 0in'><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'> <o:p></o:p></span></p></td></tr><tr><td width=161 style='width:120.4pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt'></td><td width=19 valign=top style='width:14.6pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt'><p class=MsoNormal><span lang=EN-US style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;mso-fareast-language:EN-ZW'> </span><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=647 colspan=6 valign=top style='width:485.15pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt'></td><td width=5 style='width:3.5pt;padding:0in 0in 0in 0in'><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'> <o:p></o:p></span></p></td></tr><tr style='height:3.0pt'><td width=827 colspan=8 style='width:620.15pt;border:solid #BFBFBF 1.0pt;border-top:none;padding:0in 5.4pt 0in 5.4pt;height:3.0pt'></td><td width=5 style='width:3.5pt;padding:0in 0in 0in 0in;height:3.0pt'><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'> <o:p></o:p></span></p></td></tr><tr style='height:3.25pt'><td width=827 colspan=8 style='width:620.15pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'></td><td width=5 style='width:3.5pt;padding:0in 0in 0in 0in;height:3.25pt'><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'> <o:p></o:p></span></p></td></tr><tr style='height:15.0pt'><td width=161 style='width:120.4pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:15.0pt'></td><td width=19 valign=top style='width:14.6pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:15.0pt'><p class=MsoNormal><span lang=EN-US style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;mso-fareast-language:EN-ZW'> </span><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=647 colspan=6 valign=top style='width:485.15pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:15.0pt'></td><td width=5 style='width:3.5pt;padding:0in 0in 0in 0in;height:15.0pt'><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'> <o:p></o:p></span></p></td></tr><tr style='height:48.75pt'><td width=161 style='width:120.4pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:48.75pt'></td><td width=19 valign=top style='width:14.6pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:48.75pt'><p class=MsoNormal><span lang=EN-US style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;mso-fareast-language:EN-ZW'> </span><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=647 colspan=6 valign=top style='width:485.15pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:48.75pt'><p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;mso-fareast-language:EN-ZW'>AVM set for revival   <o:p></o:p></span></b></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;mso-fareast-language:EN-ZW'>Zimbabwe’s oldest conventional bus manufacturing company, AVM Africa (Pvt) Ltd, is poised for a major boom after signing a partnership deal with Sino-Zim concern, City Card (Pvt) Ltd. With a workforce of up to 2 500 at its peak, AVM Africa used to produce 40 buses per month some of which were exported to other African countries such as Zambia and Uganda before its fortunes took a severe knock at the turn of the millennium. Its plant in Msasa, Harare, has the capacity to produce city, intercity and country buses powered by drive-lines like DAF, Scania, Mercedes Benz, Volvo, Iveco among other engine producers.<span class=MsoHyperlink><span style='color:windowtext;text-decoration:none'> </span></span></span><a href="http://www.bulls.co.zw/"><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;color:windowtext;mso-fareast-language:EN-ZW;text-decoration:none'>Read more »</span></a><o:p></o:p></p></td><td width=5 style='width:3.5pt;padding:0in 0in 0in 0in;height:48.75pt'><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'> <o:p></o:p></span></p></td></tr><tr><td width=161 style='width:120.4pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt'></td><td width=19 valign=top style='width:14.6pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt'><p class=MsoNormal><span lang=EN-US style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;mso-fareast-language:EN-ZW'> </span><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=647 colspan=6 valign=top style='width:485.15pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt'><p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;mso-fareast-language:EN-ZW'> </span></b><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=5 style='width:3.5pt;padding:0in 0in 0in 0in'><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'> <o:p></o:p></span></p></td></tr><tr><td width=161 style='width:120.4pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt'></td><td width=19 valign=top style='width:14.6pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt'><p class=MsoNormal><span lang=EN-US style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;mso-fareast-language:EN-ZW'> </span><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=647 colspan=6 valign=top style='width:485.15pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt'><p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;mso-fareast-language:EN-ZW'>Potraz adopts new tariff model   <o:p></o:p></span></b></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;mso-fareast-language:EN-ZW'>The Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) has moved away from a fixed model for determining the various tariffs for telecommunications operators to a flexible model. The new model is meant to improve sustainability of the local telecoms firms’ businesses by taking into account their need for viability and customers’ need for affordable services.<span class=MsoHyperlink><span style='color:windowtext;text-decoration:none'> </span></span></span><a href="http://www.bulls.co.zw/"><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;color:windowtext;mso-fareast-language:EN-ZW;text-decoration:none'>Read more »</span></a><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=5 style='width:3.5pt;padding:0in 0in 0in 0in'><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'> <o:p></o:p></span></p></td></tr><tr><td width=161 style='width:120.4pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt'><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;mso-fareast-language:EN-ZW'> </span><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=19 valign=top style='width:14.6pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt'><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;mso-fareast-language:EN-ZW'> </span><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=647 colspan=6 valign=top style='width:485.15pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt'><p class=MsoNormal><b><span style='font-size:12.0pt;mso-fareast-language:EN-ZW'> </span></b><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=5 style='width:3.5pt;padding:0in 0in 0in 0in'><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'> <o:p></o:p></span></p></td></tr><tr style='height:3.0pt'><td width=827 colspan=8 style='width:620.15pt;border:solid #BFBFBF 1.0pt;border-top:none;padding:0in 5.4pt 0in 5.4pt;height:3.0pt'></td><td width=5 style='width:3.5pt;padding:0in 0in 0in 0in;height:3.0pt'><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'> <o:p></o:p></span></p></td></tr><tr style='height:9.6pt'><td width=161 style='width:120.4pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:9.6pt'></td><td width=19 valign=top style='width:14.6pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:9.6pt'><p class=MsoNormal><span lang=EN-US style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;mso-fareast-language:EN-ZW'> </span><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=647 colspan=6 valign=top style='width:485.15pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:9.6pt'><p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;mso-fareast-language:EN-ZW'>Zim seeks to leverage ties with China<o:p></o:p></span></b></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;mso-fareast-language:EN-ZW'>ZIMBABWE plans to leverage its close relationship with China as it seeks to develop and introduce 5G technology, Information and Communications Technology minister Kazembe Kazembe has said. Mobile networks in the southern African country are currently working on 3G and 4G. The fifth generation network (5G) boasts data speeds of up to 2,7 gigabytes per second — dozens of time faster than existing services, enabling warp-speed transmission of high-definition content, without latency.<span class=MsoHyperlink><span style='color:windowtext;text-decoration:none'> </span></span></span><a href="http://www.bulls.co.zw/"><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;color:windowtext;mso-fareast-language:EN-ZW;text-decoration:none'>Read more »</span></a><o:p></o:p></p></td><td width=5 style='width:3.5pt;padding:0in 0in 0in 0in;height:9.6pt'><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'> <o:p></o:p></span></p></td></tr><tr style='height:15.9pt'><td width=161 style='width:120.4pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:15.9pt'></td><td width=19 valign=top style='width:14.6pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:15.9pt'><p class=MsoNormal><span lang=EN-US style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;mso-fareast-language:EN-ZW'> </span><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=647 colspan=6 valign=top style='width:485.15pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:15.9pt'><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;mso-fareast-language:EN-ZW'> </span><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=5 style='width:3.5pt;padding:0in 0in 0in 0in;height:15.9pt'><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'> <o:p></o:p></span></p></td></tr><tr style='height:54.6pt'><td width=161 style='width:120.4pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:54.6pt'></td><td width=19 valign=top style='width:14.6pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:54.6pt'><p class=MsoNormal><b><span lang=EN-US style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;mso-fareast-language:EN-ZW'> </span></b><b><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></b></p></td><td width=647 colspan=6 valign=top style='width:485.15pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:54.6pt'><p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;mso-fareast-language:EN-ZW'>Zimpost to boot out tenants<o:p></o:p></span></b></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;mso-fareast-language:EN-ZW'>A NUMBER of insurance firms conducting motor insurance business in Post Office banking halls are set to be pushed out after Zimpost entered into a deal that will see Econet Insurance underwriting business on its premises. Industry sources told NewsDay that Zimpost acquired a multiple agent status license from Insurance and Pension Commission (Ipec) last month and has roped in Econet Insurance’s EcoSure Moovah, a short-term motor vehicle insurance product, as its agent in a deal that will see the postman pocketing 30% of motor insurance premiums.<span class=MsoHyperlink><span style='color:windowtext;text-decoration:none'> </span></span></span><a href="http://www.bulls.co.zw/"><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;color:windowtext;mso-fareast-language:EN-ZW;text-decoration:none'>Read more »</span></a><o:p></o:p></p></td><td width=5 style='width:3.5pt;padding:0in 0in 0in 0in;height:54.6pt'><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'> <o:p></o:p></span></p></td></tr><tr style='height:16.35pt'><td width=161 style='width:120.4pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:16.35pt'></td><td width=19 valign=top style='width:14.6pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:16.35pt'><p class=MsoNormal><span lang=EN-US style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;mso-fareast-language:EN-ZW'> </span><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=647 colspan=6 valign=top style='width:485.15pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:16.35pt'><p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;mso-fareast-language:EN-ZW'> </span></b><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=5 style='width:3.5pt;padding:0in 0in 0in 0in;height:16.35pt'><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'> <o:p></o:p></span></p></td></tr><tr style='height:50.1pt'><td width=161 style='width:120.4pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:50.1pt'></td><td width=19 valign=top style='width:14.6pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:50.1pt'><p class=MsoNormal><span lang=EN-US style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;mso-fareast-language:EN-ZW'> </span><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=647 colspan=6 valign=top style='width:485.15pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:50.1pt'><p class=MsoNormal><b>Local entrepreneur launches bookkeeping software<o:p></o:p></b></p><p class=MsoNormal>local entrepreneur, Byron Kabaira has developed an online system, Zimvoice, which allows small to medium-scale enterprises (SMEs) to perform core bookkeeping functions such as generating quotations, invoicing and managing payrolls. Kabaira said the mainstream accounting services marginalised SMEs, thus pushed him to target them with an alternative package tailor-made for their needs. <a href="http://www.bulls.co.zw/"><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;color:windowtext;mso-fareast-language:EN-ZW;text-decoration:none'>Read more »</span></a><o:p></o:p></p></td><td width=5 style='width:3.5pt;padding:0in 0in 0in 0in;height:50.1pt'><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'> <o:p></o:p></span></p></td></tr><tr style='height:9.6pt'><td width=827 colspan=8 style='width:620.15pt;border:solid #BFBFBF 1.0pt;border-top:none;padding:0in 5.4pt 0in 5.4pt;height:9.6pt'></td><td width=5 style='width:3.5pt;padding:0in 0in 0in 0in;height:9.6pt'><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'> <o:p></o:p></span></p></td></tr><tr style='height:9.6pt'><td width=827 colspan=8 style='width:620.15pt;border:solid #BFBFBF 1.0pt;border-top:none;padding:0in 5.4pt 0in 5.4pt;height:9.6pt'></td><td width=5 style='width:3.5pt;padding:0in 0in 0in 0in;height:9.6pt'><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'> <o:p></o:p></span></p></td></tr><tr><td width=827 colspan=8 style='width:620.15pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt'><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;mso-fareast-language:EN-ZW'> </span><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p><p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;color:#345883;mso-fareast-language:EN-ZW'>INVESTORS DIARY 2019</span></b><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=5 style='width:3.5pt;padding:0in 0in 0in 0in'><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'> <o:p></o:p></span></p></td></tr><tr style='height:3.25pt'><td width=161 style='width:120.4pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoNormal style='text-indent:12.6pt'><b><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;mso-fareast-language:EN-ZW'>Company</span></b><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=235 colspan=4 style='width:176.6pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;mso-fareast-language:EN-ZW'>Event</span></b><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=255 colspan=2 style='width:191.55pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;mso-fareast-language:EN-ZW'>Venue</span></b><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=175 valign=bottom style='width:131.6pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;mso-fareast-language:EN-ZW'>Date & Time</span></b><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=5 style='width:3.5pt;padding:0in 0in 0in 0in;height:3.25pt'><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'> <o:p></o:p></span></p></td></tr><tr style='height:3.25pt'><td width=827 colspan=8 valign=top style='width:620.15pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoNormal style='line-height:105%'><span style='font-size:10.0pt;line-height:105%;font-family:"Trebuchet MS",sans-serif'><o:p> </o:p></span></p></td><td width=5 style='width:3.5pt;padding:0in 0in 0in 0in;height:3.25pt'><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p> </o:p></span></p></td></tr><tr style='height:3.25pt'><td width=161 valign=top style='width:120.4pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoNormal style='line-height:105%'>Zimbabwe <o:p></o:p></p></td><td width=235 colspan=4 style='width:176.6pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoNormal style='line-height:105%'><span style='font-size:10.0pt;line-height:105%;font-family:"Trebuchet MS",sans-serif'>Independence Day<o:p></o:p></span></p></td><td width=255 colspan=2 style='width:191.55pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoNormal style='line-height:105%'>Zimbabwe<o:p></o:p></p></td><td width=175 valign=top style='width:131.6pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoNormal style='line-height:105%'><span style='font-size:10.0pt;line-height:105%;font-family:"Trebuchet MS",sans-serif'>18 Apr 2019 <o:p></o:p></span></p></td><td width=5 style='width:3.5pt;padding:0in 0in 0in 0in;height:3.25pt'><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p> </o:p></span></p></td></tr><tr style='height:3.25pt'><td width=161 valign=top style='width:120.4pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoNormal style='line-height:105%'><o:p> </o:p></p></td><td width=235 colspan=4 style='width:176.6pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoNormal style='line-height:105%'><span style='font-size:10.0pt;line-height:105%;font-family:"Trebuchet MS",sans-serif'>Good Friday<o:p></o:p></span></p></td><td width=255 colspan=2 style='width:191.55pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoNormal style='line-height:105%'><o:p> </o:p></p></td><td width=175 valign=top style='width:131.6pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoNormal style='line-height:105%'><span style='font-size:10.0pt;line-height:105%;font-family:"Trebuchet MS",sans-serif'>19 Apr 2019<o:p></o:p></span></p></td><td width=5 style='width:3.5pt;padding:0in 0in 0in 0in;height:3.25pt'><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p> </o:p></span></p></td></tr><tr style='height:3.25pt'><td width=161 valign=top style='width:120.4pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoNormal style='line-height:105%'><o:p> </o:p></p></td><td width=235 colspan=4 style='width:176.6pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoNormal style='line-height:105%'><span style='font-size:10.0pt;line-height:105%;font-family:"Trebuchet MS",sans-serif'>Easter Saturday<o:p></o:p></span></p></td><td width=255 colspan=2 style='width:191.55pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoNormal style='line-height:105%'><o:p> </o:p></p></td><td width=175 valign=top style='width:131.6pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoNormal style='line-height:105%'><span style='font-size:10.0pt;line-height:105%;font-family:"Trebuchet MS",sans-serif'>20 Apr 2019<o:p></o:p></span></p></td><td width=5 style='width:3.5pt;padding:0in 0in 0in 0in;height:3.25pt'><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p> </o:p></span></p></td></tr><tr style='height:3.25pt'><td width=161 valign=top style='width:120.4pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoNormal style='line-height:105%'><o:p> </o:p></p></td><td width=235 colspan=4 style='width:176.6pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoNormal style='line-height:105%'><span style='font-size:10.0pt;line-height:105%;font-family:"Trebuchet MS",sans-serif'>Easter Sunday<o:p></o:p></span></p></td><td width=255 colspan=2 style='width:191.55pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoNormal style='line-height:105%'><o:p> </o:p></p></td><td width=175 valign=top style='width:131.6pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoNormal style='line-height:105%'><span style='font-size:10.0pt;line-height:105%;font-family:"Trebuchet MS",sans-serif'>21 Apr 2019<o:p></o:p></span></p></td><td width=5 style='width:3.5pt;padding:0in 0in 0in 0in;height:3.25pt'><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p> </o:p></span></p></td></tr><tr style='height:3.25pt'><td width=161 valign=top style='width:120.4pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoNormal style='line-height:105%'><o:p> </o:p></p></td><td width=235 colspan=4 style='width:176.6pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoNormal style='line-height:105%'><span style='font-size:10.0pt;line-height:105%;font-family:"Trebuchet MS",sans-serif'>Easter Monday<o:p></o:p></span></p></td><td width=255 colspan=2 style='width:191.55pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoNormal style='line-height:105%'><o:p> </o:p></p></td><td width=175 valign=top style='width:131.6pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoNormal style='line-height:105%'><span style='font-size:10.0pt;line-height:105%;font-family:"Trebuchet MS",sans-serif'>22 Apr 2019<o:p></o:p></span></p></td><td width=5 style='width:3.5pt;padding:0in 0in 0in 0in;height:3.25pt'><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p> </o:p></span></p></td></tr><tr style='height:3.25pt'><td width=161 valign=top style='width:120.4pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoNormal style='line-height:105%'><o:p> </o:p></p></td><td width=235 colspan=4 style='width:176.6pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoNormal style='line-height:105%'><span style='font-size:10.0pt;line-height:105%;font-family:"Trebuchet MS",sans-serif'>Workers Day<o:p></o:p></span></p></td><td width=255 colspan=2 style='width:191.55pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoNormal style='line-height:105%'><o:p> </o:p></p></td><td width=175 valign=top style='width:131.6pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoNormal style='line-height:105%'><span style='font-size:10.0pt;line-height:105%;font-family:"Trebuchet MS",sans-serif'>01 May  2019<o:p></o:p></span></p></td><td width=5 style='width:3.5pt;padding:0in 0in 0in 0in;height:3.25pt'><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p> </o:p></span></p></td></tr><tr style='height:3.25pt'><td width=161 valign=top style='width:120.4pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoNormal style='line-height:105%'><o:p> </o:p></p></td><td width=235 colspan=4 style='width:176.6pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoNormal style='line-height:105%'><span style='font-size:10.0pt;line-height:105%;font-family:"Trebuchet MS",sans-serif'><o:p> </o:p></span></p></td><td width=255 colspan=2 style='width:191.55pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoNormal style='line-height:105%'><o:p> </o:p></p></td><td width=175 valign=top style='width:131.6pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoNormal style='line-height:105%'><span style='font-size:10.0pt;line-height:105%;font-family:"Trebuchet MS",sans-serif'><o:p> </o:p></span></p></td><td width=5 style='width:3.5pt;padding:0in 0in 0in 0in;height:3.25pt'><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p> </o:p></span></p></td></tr><tr style='height:3.0pt'><td width=161 valign=top style='width:120.4pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.0pt'><p class=MsoNormal style='line-height:105%'><o:p> </o:p></p></td><td width=235 colspan=4 style='width:176.6pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.0pt'><p class=MsoNormal style='line-height:105%'><span style='font-size:10.0pt;line-height:105%;font-family:"Trebuchet MS",sans-serif'><o:p> </o:p></span></p></td><td width=255 colspan=2 style='width:191.55pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.0pt'><p class=MsoNormal style='line-height:105%'><o:p> </o:p></p></td><td width=175 valign=top style='width:131.6pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.0pt'><p class=MsoNormal style='line-height:105%'><span style='font-size:10.0pt;line-height:105%;font-family:"Trebuchet MS",sans-serif'><o:p> </o:p></span></p></td><td width=5 style='width:3.5pt;padding:0in 0in 0in 0in;height:3.0pt'><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p> </o:p></span></p></td></tr><tr style='height:3.25pt'><td width=161 valign=top style='width:120.4pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoNormal style='line-height:105%'><o:p> </o:p></p></td><td width=235 colspan=4 style='width:176.6pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoNormal style='line-height:105%'><span style='font-size:10.0pt;line-height:105%;font-family:"Trebuchet MS",sans-serif'><o:p> </o:p></span></p></td><td width=255 colspan=2 style='width:191.55pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoNormal style='line-height:105%'><o:p> </o:p></p></td><td width=175 valign=top style='width:131.6pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoNormal style='line-height:105%'><span style='font-size:10.0pt;line-height:105%;font-family:"Trebuchet MS",sans-serif'><o:p> </o:p></span></p></td><td width=5 style='width:3.5pt;padding:0in 0in 0in 0in;height:3.25pt'><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p> </o:p></span></p></td></tr><tr style='height:3.25pt'><td width=161 valign=top style='width:120.4pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#D9D9D9;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoNormal style='text-indent:12.6pt'><b><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;color:black;mso-fareast-language:EN-ZW'>REST OF AFRICA</span></b><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=235 colspan=4 style='width:176.6pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#D9D9D9;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;color:black;mso-fareast-language:EN-ZW'> </span></b><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=255 colspan=2 style='width:191.55pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#D9D9D9;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;color:black;mso-fareast-language:EN-ZW'> </span></b><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=175 valign=bottom style='width:131.6pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#D9D9D9;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;color:black;mso-fareast-language:EN-ZW'> </span></b><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=5 style='width:3.5pt;padding:0in 0in 0in 0in;height:3.25pt'><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'> <o:p></o:p></span></p></td></tr><tr style='height:3.25pt'><td width=396 colspan=5 valign=top style='width:297.0pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;mso-fareast-language:EN-ZW'> </span><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=255 colspan=2 style='width:191.55pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;mso-fareast-language:EN-ZW'> </span><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=175 valign=bottom style='width:131.6pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;mso-fareast-language:EN-ZW'> </span><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=5 style='width:3.5pt;padding:0in 0in 0in 0in;height:3.25pt'><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'> <o:p></o:p></span></p></td></tr><tr style='height:3.25pt'><td width=396 colspan=5 valign=top style='width:297.0pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;mso-fareast-language:EN-ZW'> </span><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=255 colspan=2 style='width:191.55pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;mso-fareast-language:EN-ZW'> </span><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=175 valign=bottom style='width:131.6pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;mso-fareast-language:EN-ZW'> </span><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=5 style='width:3.5pt;padding:0in 0in 0in 0in;height:3.25pt'><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'> <o:p></o:p></span></p></td></tr><tr style='height:3.25pt'><td width=396 colspan=5 valign=top style='width:297.0pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;mso-fareast-language:EN-ZW'> </span><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=255 colspan=2 style='width:191.55pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;mso-fareast-language:EN-ZW'> </span><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=175 valign=bottom style='width:131.6pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;mso-fareast-language:EN-ZW'> </span><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=5 style='width:3.5pt;padding:0in 0in 0in 0in;height:3.25pt'><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'> <o:p></o:p></span></p></td></tr><tr style='height:3.25pt'><td width=827 colspan=8 valign=top style='width:620.15pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoNormal style='text-indent:12.6pt'><b><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;color:black;mso-fareast-language:EN-ZW'>Counters Trading Under Cautionary</span></b><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=5 style='width:3.5pt;padding:0in 0in 0in 0in;height:3.25pt'><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'> <o:p></o:p></span></p></td></tr><tr style='height:3.25pt'><td width=287 colspan=4 valign=top style='width:215.5pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;mso-fareast-language:EN-ZW'> </span><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=109 style='width:81.5pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;mso-fareast-language:EN-ZW'> </span><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=255 colspan=2 style='width:191.55pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;mso-fareast-language:EN-ZW'> </span><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=175 valign=bottom style='width:131.6pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;mso-fareast-language:EN-ZW'> </span><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=5 style='width:3.5pt;padding:0in 0in 0in 0in;height:3.25pt'><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'> <o:p></o:p></span></p></td></tr><tr style='height:3.25pt'><td width=287 colspan=4 valign=top style='width:215.5pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;mso-fareast-language:EN-ZW'>Border Timbers</span><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=109 style='width:81.5pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;mso-fareast-language:EN-ZW'> </span><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=255 colspan=2 style='width:191.55pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;mso-fareast-language:EN-ZW'> </span><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=175 valign=bottom style='width:131.6pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;mso-fareast-language:EN-ZW'> </span><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=5 style='width:3.5pt;padding:0in 0in 0in 0in;height:3.25pt'><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'> <o:p></o:p></span></p></td></tr><tr style='height:3.25pt'><td width=287 colspan=4 valign=top style='width:215.5pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;mso-fareast-language:EN-ZW'>Econet Wireless Zimbawe</span><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=109 style='width:81.5pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;mso-fareast-language:EN-ZW'> </span><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=255 colspan=2 style='width:191.55pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;mso-fareast-language:EN-ZW'> </span><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=175 valign=bottom style='width:131.6pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;mso-fareast-language:EN-ZW'> </span><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=5 style='width:3.5pt;padding:0in 0in 0in 0in;height:3.25pt'><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'> <o:p></o:p></span></p></td></tr><tr style='height:3.25pt'><td width=287 colspan=4 valign=top style='width:215.5pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoNormal style='margin-left:1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 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.</span></i><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=5 style='width:3.5pt;padding:0in 0in 0in 0in'><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'> <o:p></o:p></span></p></td></tr><tr><td width=827 colspan=8 valign=top style='width:620.15pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt'><p class=MsoNormal><i><span lang=EN-GB style='font-size:10.0pt;font-family:"Trebuchet MS",sans-serif;color:white;mso-fareast-language:EN-ZW'> </span></i><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=5 style='width:3.5pt;padding:0in 0in 0in 0in'><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Times New Roman",serif;mso-fareast-language:EN-ZW'> <o:p></o:p></span></p></td></tr><tr height=0><td width=161 style='border:none'></td><td width=19 style='border:none'></td><td width=66 style='border:none'></td><td width=41 style='border:none'></td><td width=109 style='border:none'></td><td width=174 style='border:none'></td><td width=81 style='border:none'></td><td width=175 style='border:none'></td><td width=5 style='border:none'></td></tr></table></div><p class=MsoNormal style='background:white'><span style='font-size:12.0pt;font-family:"Times New Roman",serif;color:#222222;mso-fareast-language:EN-ZW'><o:p> </o:p></span></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal style='background:white'><i><span style='font-size:10.0pt;font-family:"Verdana",sans-serif;color:black;mso-fareast-language:EN-ZW'>Invest Wisely!</span></i><span style='mso-fareast-language:EN-ZW'><o:p></o:p></span></p><p class=MsoNormal style='background:white'><b><span style='font-size:10.0pt;font-family:"Verdana",sans-serif;color:black;mso-fareast-language:EN-ZW'>Bulls n Bears </span></b><span style='mso-fareast-language:EN-ZW'><o:p></o:p></span></p><p class=MsoNormal style='background:white'><span style='font-size:10.0pt;font-family:"Verdana",sans-serif;color:black;mso-fareast-language:EN-ZW'> </span><span style='mso-fareast-language:EN-ZW'><o:p></o:p></span></p><p class=MsoNormal style='background:white'><span style='font-size:10.0pt;font-family:"Verdana",sans-serif;color:black;mso-fareast-language:EN-ZW'>Telephone:     <a href="tel:%2B263%204%202927658" target="_blank"><span style='color:black;text-decoration:none'>+263 4 2927658</span></a></span><span style='mso-fareast-language:EN-ZW'><o:p></o:p></span></p><p class=MsoNormal style='background:white'><span style='font-size:10.0pt;font-family:"Verdana",sans-serif;color:black;mso-fareast-language:EN-ZW'>Cellphone:     <a href="tel:%2B263%2077%20344%201674" target="_blank"><span style='color:black;text-decoration:none'>+263 77 344 1674</span></a></span><span style='mso-fareast-language:EN-ZW'><o:p></o:p></span></p><p class=MsoNormal style='background:white'><span style='font-size:10.0pt;font-family:"Verdana",sans-serif;color:black;mso-fareast-language:EN-ZW'>Alt. Email:      <a href="mailto:info@bulls.co.zw"><span style='color:blue;text-decoration:none'>info@bulls.co.zw</span></a>  </span><span style='mso-fareast-language:EN-ZW'><o:p></o:p></span></p><p class=MsoNormal style='background:white'><span style='font-size:10.0pt;font-family:"Verdana",sans-serif;color:black;mso-fareast-language:EN-ZW'>Website:        <a href="http://www.google.com/url?q=http%3A%2F%2Fwww.bulls.co.zw&sa=D&sntz=1&usg=AFQjCNH8LYgdY55h-XKseuM8Kpr-JKdfhQ" target="_blank"><span style='color:black;text-decoration:none'>www.bulls.co.zw</span></a> </span><span style='mso-fareast-language:EN-ZW'><o:p></o:p></span></p><p class=MsoNormal style='background:white'><span style='font-size:10.0pt;font-family:"Verdana",sans-serif;color:black;mso-fareast-language:EN-ZW'>Blog:            <a href="http://www.google.com/url?q=http%3A%2F%2Fwww.bulls.co.zw%2Fblog&sa=D&sntz=1&usg=AFQjCNFoIy6F9IXAiYnSoPSgWDYsr8Sqtw" target="_blank"><span style='color:black;text-decoration:none'>www.bulls.co.zw/blog</span></a></span><span style='mso-fareast-language:EN-ZW'><o:p></o:p></span></p><p class=MsoNormal style='background:white'><span style='font-size:10.0pt;font-family:"Verdana",sans-serif;color:black;mso-fareast-language:EN-ZW'>Twitter:         @bullsbears2010</span><span style='mso-fareast-language:EN-ZW'><o:p></o:p></span></p><p class=MsoNormal style='background:white'><span style='font-size:10.0pt;font-family:"Verdana",sans-serif;color:black;mso-fareast-language:EN-ZW'>LinkedIn:       Bulls n Bears Zimbabwe</span><span style='mso-fareast-language:EN-ZW'><o:p></o:p></span></p><p class=MsoNormal style='background:white'><span style='font-size:10.0pt;font-family:"Verdana",sans-serif;color:black;mso-fareast-language:EN-ZW'>Facebook:     <a href="http://www.google.com/url?q=http%3A%2F%2Fwww.facebook.com%2FBullsBearsZimbabwe&sa=D&sntz=1&usg=AFQjCNGhb_A5rp4biV1dGHbgiAhUxQqBXA" target="_blank"><span style='color:black;text-decoration:none'>www.facebook.com/BullsBearsZimbabwe</span></a></span><span style='mso-fareast-language:EN-ZW'><o:p></o:p></span></p><p class=MsoNormal><span style='font-size:10.0pt;font-family:"Verdana",sans-serif;color:black;mso-fareast-language:EN-ZW'>Skype:          Bulls.Bears </span><span style='mso-fareast-language:EN-ZW'><o:p></o:p></span></p><p class=MsoNormal><span style='mso-fareast-language:EN-ZW'><img border=0 width=210 height=101 id="Picture_x0020_1" src="cid:image004.jpg@01D4EAD8.CEB65B80" alt="cid:image012.jpg@01D0BFE7.544DF490"><o:p></o:p></span></p><p class=MsoNormal><o:p> </o:p></p></div></body></html>