<html xmlns:v="urn:schemas-microsoft-com:vml" xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns:m="http://schemas.microsoft.com/office/2004/12/omml" xmlns="http://www.w3.org/TR/REC-html40"><head><meta http-equiv=Content-Type content="text/html; charset=iso-8859-1"><meta name=Generator content="Microsoft Word 14 (filtered medium)"><!--[if !mso]><style>v\:* {behavior:url(#default#VML);}
o\:* {behavior:url(#default#VML);}
w\:* {behavior:url(#default#VML);}
.shape {behavior:url(#default#VML);}
</style><![endif]--><style><!--
/* Font Definitions */
@font-face
{font-family:Cambria;
panose-1:2 4 5 3 5 4 6 3 2 4;}
@font-face
{font-family:Calibri;
panose-1:2 15 5 2 2 2 4 3 2 4;}
@font-face
{font-family:Tahoma;
panose-1:2 11 6 4 3 5 4 4 2 4;}
@font-face
{font-family:Verdana;
panose-1:2 11 6 4 3 5 4 4 2 4;}
@font-face
{font-family:"Trebuchet MS";
panose-1:2 11 6 3 2 2 2 2 2 4;}
/* Style Definitions */
p.MsoNormal, li.MsoNormal, div.MsoNormal
{margin:0in;
margin-bottom:.0001pt;
font-size:11.0pt;
font-family:"Calibri","sans-serif";}
h1
{mso-style-priority:9;
mso-style-link:"Heading 1 Char";
mso-margin-top-alt:auto;
margin-right:0in;
mso-margin-bottom-alt:auto;
margin-left:0in;
font-size:24.0pt;
font-family:"Times New Roman","serif";}
p.MsoTitle, li.MsoTitle, div.MsoTitle
{mso-style-priority:10;
mso-style-link:"Title Char";
margin:0in;
margin-bottom:.0001pt;
mso-add-space:auto;
font-size:28.0pt;
font-family:"Cambria","serif";
letter-spacing:-.5pt;}
p.MsoTitleCxSpFirst, li.MsoTitleCxSpFirst, div.MsoTitleCxSpFirst
{mso-style-priority:10;
mso-style-link:"Title Char";
mso-style-type:export-only;
margin:0in;
margin-bottom:.0001pt;
mso-add-space:auto;
font-size:28.0pt;
font-family:"Cambria","serif";
letter-spacing:-.5pt;}
p.MsoTitleCxSpMiddle, li.MsoTitleCxSpMiddle, div.MsoTitleCxSpMiddle
{mso-style-priority:10;
mso-style-link:"Title Char";
mso-style-type:export-only;
margin:0in;
margin-bottom:.0001pt;
mso-add-space:auto;
font-size:28.0pt;
font-family:"Cambria","serif";
letter-spacing:-.5pt;}
p.MsoTitleCxSpLast, li.MsoTitleCxSpLast, div.MsoTitleCxSpLast
{mso-style-priority:10;
mso-style-link:"Title Char";
mso-style-type:export-only;
margin:0in;
margin-bottom:.0001pt;
mso-add-space:auto;
font-size:28.0pt;
font-family:"Cambria","serif";
letter-spacing:-.5pt;}
p.MsoBodyText, li.MsoBodyText, div.MsoBodyText
{mso-style-priority:99;
mso-style-link:"Body Text Char";
mso-margin-top-alt:auto;
margin-right:0in;
mso-margin-bottom-alt:auto;
margin-left:0in;
font-size:12.0pt;
font-family:"Times New Roman","serif";
mso-fareast-language:X-NONE;}
p.MsoSubtitle, li.MsoSubtitle, div.MsoSubtitle
{mso-style-priority:11;
mso-style-link:"Subtitle Char";
margin-top:0in;
margin-right:0in;
margin-bottom:8.0pt;
margin-left:0in;
font-size:11.0pt;
font-family:"Calibri","sans-serif";
color:#5A5A5A;
letter-spacing:.75pt;}
a:link, span.MsoHyperlink
{mso-style-priority:99;
color:blue;
text-decoration:underline;}
a:visited, span.MsoHyperlinkFollowed
{mso-style-priority:99;
color:purple;
text-decoration:underline;}
p.MsoAcetate, li.MsoAcetate, div.MsoAcetate
{mso-style-priority:99;
mso-style-link:"Balloon Text Char";
margin:0in;
margin-bottom:.0001pt;
font-size:8.0pt;
font-family:"Tahoma","sans-serif";}
span.EmailStyle17
{mso-style-type:personal-compose;
font-family:"Calibri","sans-serif";
color:windowtext;}
span.Heading1Char
{mso-style-name:"Heading 1 Char";
mso-style-priority:9;
mso-style-link:"Heading 1";
font-family:"Times New Roman","serif";
mso-fareast-language:EN-ZW;
font-weight:bold;}
span.TitleChar
{mso-style-name:"Title Char";
mso-style-priority:10;
mso-style-link:Title;
font-family:"Cambria","serif";
letter-spacing:-.5pt;
mso-fareast-language:EN-ZW;}
span.BodyTextChar
{mso-style-name:"Body Text Char";
mso-style-priority:99;
mso-style-link:"Body Text";
font-family:"Times New Roman","serif";
mso-fareast-language:X-NONE;}
span.SubtitleChar
{mso-style-name:"Subtitle Char";
mso-style-priority:11;
mso-style-link:Subtitle;
font-family:"Times New Roman","serif";
color:#5A5A5A;
letter-spacing:.75pt;
mso-fareast-language:EN-ZW;}
span.style30
{mso-style-name:style30;}
span.BalloonTextChar
{mso-style-name:"Balloon Text Char";
mso-style-priority:99;
mso-style-link:"Balloon Text";
font-family:"Tahoma","sans-serif";
mso-fareast-language:EN-ZW;}
.MsoChpDefault
{mso-style-type:export-only;
font-family:"Calibri","sans-serif";
mso-fareast-language:EN-US;}
@page WordSection1
{size:8.5in 11.0in;
margin:1.0in 1.0in 1.0in 1.0in;}
div.WordSection1
{page:WordSection1;}
--></style><!--[if gte mso 9]><xml>
<o:shapedefaults v:ext="edit" spidmax="1026" />
</xml><![endif]--><!--[if gte mso 9]><xml>
<o:shapelayout v:ext="edit">
<o:idmap v:ext="edit" data="1" />
</o:shapelayout></xml><![endif]--></head><body lang=EN-ZW link=blue vlink=purple><div class=WordSection1><p class=MsoNormal><o:p> </o:p></p><div align=center><table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width=852 style='width:639.35pt;border-collapse:collapse'><tr><td width=847 colspan=5 valign=top style='width:634.95pt;padding:0in 5.4pt 0in 5.4pt'><h1 style='margin-left:26.1pt;line-height:105%'><img width=161 height=81 id="_x0000_i1030" src="cid:image001.jpg@01D5639D.C80677A0"><span style='mso-fareast-language:EN-US'><o:p></o:p></span></h1></td><td width=6 style='width:4.4pt;padding:0in 0in 0in 0in'><p class=MsoNormal style='line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'> <o:p></o:p></span></p></td></tr><tr><td width=847 colspan=5 valign=top style='width:634.95pt;border:solid #BFBFBF 1.0pt;border-top:solid #D9D9D9 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt'></td><td width=6 style='width:4.4pt;padding:0in 0in 0in 0in'><p class=MsoNormal style='line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'> <o:p></o:p></span></p></td></tr><tr><td width=847 colspan=5 valign=top style='width:634.95pt;border:solid #BFBFBF 1.0pt;border-top:none;padding:0in 5.4pt 0in 5.4pt'><p class=MsoNormal style='line-height:105%'><b><u><span style='font-family:"Verdana","sans-serif";color:#002060;mso-fareast-language:EN-US'><o:p><span style='text-decoration:none'> </span></o:p></span></u></b></p><p class=MsoNormal style='margin-left:26.1pt;text-indent:-1.35pt;line-height:105%'><span style='mso-fareast-language:EN-US'><a href="http://www.bulls.co.zw/"><b><span style='font-size:8.0pt;line-height:105%;font-family:"Verdana","sans-serif";color:#0070C0'>Bulls.co.zw</span></b><b><span style='font-size:8.0pt;line-height:105%;font-family:"Verdana","sans-serif";color:#0070C0;text-decoration:none'> </span></b></a></span><b><span style='font-size:8.0pt;line-height:105%;font-family:"Verdana","sans-serif";color:#0070C0;mso-fareast-language:EN-US'> </span></b><span style='mso-fareast-language:EN-US'><a href="mailto:bulls@bulls.co.zw"><b><span style='font-size:8.0pt;line-height:105%;font-family:"Verdana","sans-serif";color:#0070C0'>Views & Comments</span></b></a></span><span class=MsoHyperlink><b><span style='font-size:8.0pt;line-height:105%;font-family:"Verdana","sans-serif";color:#0070C0;mso-fareast-language:EN-US;text-decoration:none'> </span></b></span><span style='mso-fareast-language:EN-US'><a href="http://www.bulls.co.zw/blog"><b><span style='font-size:8.0pt;line-height:105%;font-family:"Verdana","sans-serif";color:#0070C0'>Bullish Thoughts</span></b></a></span><span class=MsoHyperlink><b><span style='font-size:8.0pt;line-height:105%;font-family:"Verdana","sans-serif";color:#0070C0;mso-fareast-language:EN-US;text-decoration:none'> </span></b></span><span style='mso-fareast-language:EN-US'><a href="http://www.twitter.com/BullsBears2010"><b><span style='font-size:8.0pt;line-height:105%;font-family:"Verdana","sans-serif";color:#0070C0'>Twitter</span></b></a></span><span class=MsoHyperlink><b><span style='font-size:8.0pt;line-height:105%;font-family:"Verdana","sans-serif";color:#0070C0;mso-fareast-language:EN-US;text-decoration:none'> </span></b></span><span style='mso-fareast-language:EN-US'><a href="https://www.facebook.com/BullsBearsZimbabwe"><b><span style='font-size:8.0pt;line-height:105%;font-family:"Verdana","sans-serif";color:#0070C0'>Facebook</span></b></a></span><span class=MsoHyperlink><b><span style='font-size:8.0pt;line-height:105%;font-family:"Verdana","sans-serif";color:#0070C0;mso-fareast-language:EN-US;text-decoration:none'> </span></b></span><span style='mso-fareast-language:EN-US'><a href="http://www.linkedin.com/pub/bulls-n-bears-zimbabwe/57/577/72"><b><span style='font-size:8.0pt;line-height:105%;font-family:"Verdana","sans-serif";color:#0070C0'>LinkedIn</span></b></a></span><span class=MsoHyperlink><b><span style='font-size:8.0pt;line-height:105%;font-family:"Verdana","sans-serif";color:#0070C0;mso-fareast-language:EN-US;text-decoration:none'> </span></b></span><span style='mso-fareast-language:EN-US'><a href="mailto:info@bulls.co.zw?subject=Unsubscribe"><b><span style='font-size:8.0pt;line-height:105%;font-family:"Verdana","sans-serif";color:#0070C0'>Unsubscribe</span></b></a></span><span class=style30><span style='font-size:8.0pt;line-height:105%;color:#00B050'><o:p></o:p></span></span></p></td><td width=6 style='width:4.4pt;padding:0in 0in 0in 0in'><p class=MsoNormal style='line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'> </span><span style='mso-fareast-language:EN-US'><o:p></o:p></span></p></td></tr><tr><td width=847 colspan=5 valign=top style='width:634.95pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt'><p class=MsoSubtitle style='line-height:105%'><span class=style30><b><span style='color:black'><o:p> </o:p></span></b></span></p></td><td width=6 style='width:4.4pt;padding:0in 0in 0in 0in'><p class=MsoNormal style='line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'> </span><span style='mso-fareast-language:EN-US'><o:p></o:p></span></p></td></tr><tr><td width=847 colspan=5 valign=top style='width:634.95pt;border:solid #BFBFBF 1.0pt;border-top:none;padding:0in 5.4pt 0in 5.4pt'><p class=MsoNormal style='margin-left:26.1pt;line-height:105%'><span class=style30><b><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'>Bulls n Bears Daily Market Commentary : 04 September 2019</span></b></span><b><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p></o:p></span></b></p></td><td width=6 style='width:4.4pt;padding:0in 0in 0in 0in'><p class=MsoNormal style='line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'> <o:p></o:p></span></p></td></tr><tr><td width=847 colspan=5 valign=top style='width:634.95pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt'><p class=MsoNormal style='line-height:105%'><span class=style30><b><o:p> </o:p></b></span></p></td><td width=6 style='width:4.4pt;padding:0in 0in 0in 0in'><p class=MsoNormal style='line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'> </span><span style='mso-fareast-language:EN-US'><o:p></o:p></span></p></td></tr><tr style='height:1.0in'><td width=847 colspan=5 valign=top style='width:634.95pt;border:solid #BFBFBF 1.0pt;border-top:none;padding:0in 5.4pt 0in 5.4pt;height:1.0in'><p class=MsoTitle align=center style='text-align:center;line-height:105%'><a href="mailto:info@bulls.co.zw"><span style='color:windowtext;text-decoration:none'><img border=0 width=763 height=259 id="Picture_x0020_5" src="cid:image002.jpg@01D5639D.C80677A0"></span></a><span class=style30><o:p></o:p></span></p></td><td width=6 style='width:4.4pt;padding:0in 0in 0in 0in;height:1.0in'><p class=MsoNormal style='line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'> </span><span style='mso-fareast-language:EN-US'><o:p></o:p></span></p></td></tr><tr style='height:10.05pt'><td width=847 colspan=5 valign=top style='width:634.95pt;border:solid #BFBFBF 1.0pt;border-top:none;padding:0in 5.4pt 0in 5.4pt;height:10.05pt'><p class=MsoNormal style='margin-left:.55in;line-height:105%'><b><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><br>Zimbabwe Stock Exchange Update<o:p></o:p></span></b></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><b><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></b></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'>Market Turnover ZWL$ 12,178,946.18 with foreign buys at ZWL$1,656,140.25 and foreign sales were ZWL$1,658,144.35 Total trades were 189.<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'>The All Share index retreated further by 0.08 points to close at 166.10 points. INNSCOR lost $0.0351 to end at $1.8707, DELTA dropped $0.0248 to close at $2.9997 and RIOZIM LIMITED eased $0.0200 closing at $2.2000. CASSAVA SMARTECH ZIMBABWE LIMITED also eased $0.0058 to settle at $1.2768 and MEIKLES was $0.0036 weaker at $1.2000.<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'>Trading in the positive; OLD MUTUAL LIMITED added $0.0669 to $17.5409, PPC put on $0.0500 to close at $2.0500 and OK ZIM traded $0.0126 higher at $0.3136. Other counters trading in the positive were SIMBISA which added $0.0125 toend at $0.5725 and ECONET WIRELESS which gained $0.0101 to close at $1.2471.<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><a href="mailto:info@bulls.co.zw"><span style='color:windowtext;text-decoration:none'><img border=0 width=763 height=259 id="Picture_x0020_4" src="cid:image003.jpg@01D5639D.C80677A0"></span></a><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><b><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></b></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><b><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'> Global Currencies & Equity Markets<o:p></o:p></span></b></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><b><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></b></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><b><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></b></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><b><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></b></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><b><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></b></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><b><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'>South Africa<o:p></o:p></span></b></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><b><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></b></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><b><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'>South Africa's rand extends rally to 4-week high, stocks up<o:p></o:p></span></b></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'>(Reuters) - South Africa’s rand rose to a four-week high on Wednesday backed by a better-than-expected jump in second-quarter growth and improved risk sentiment globally, brushing off concerns over anti-immigrant protests.<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'>Stocks gained led by Naspers.<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'>At 1545 GMT the rand was 1.91% firmer at 14.8025 per dollar, its firmest level since Aug. 6, extending the previous session’s rally.<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'>Gross domestic product in the three months to June expanded by 3.1%, after a 3.1% contraction in the first quarter. Economists polled by Reuters had forecast an expansion of 2.4% for the quarter.<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'>The positive growth data helped soothe sentiment battered by recent signs of weak activity and concerns that an additional 59 billion rand ($3.9 billion) for state power firm Eskom had made a credit downgrade a near-certainty.<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'>President Cyril Ramaphosa told officials and business leaders on Wednesday that he was committed to quelling attacks on foreigners that have threatened to cast a cloud over an economic forum aimed at boosting intra-African trade.<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'>Police have arrested almost 300 people and confirmed at least five deaths after riots in Johannesburg and the capital Pretoria in recent days, when roving groups attacked shops mainly owned by migrants from the rest of Africa.<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'>On the bourse, the broader All-share index rose 0.3% to 54,907 points, while the blue chip Top-40 closed 0.32% up to 49,031 points.<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'>Leading the blue chips was e-commerce giant Naspers , up 2.69% to 3594.00 rand after gains in Hong Kong stocks boosted Tencent, in which Naspers has a stake.<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'>“Naspers is such a big component of the JSE and its sibling child Tencent is listed in Hong Kong...People think the worst of the protests in Hong Kong are over. That lifted all the stocks really,” said Greg Davies, a trader at Cratos Capital.<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'>Further gains were restrained by the bullion sector , down 5.09%, with Sibanye-Stillwater down 4.94% to 19.44 and AngloGold Ashanti 5.09% lower at 334.91%.<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'>Bonds also firmed, with the yield of the benchmark paper due in 2026 down 5 basis points to 8.095%.<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'>$1 = 15.2369 rand <o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><b><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'>Kenya<o:p></o:p></span></b></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><b><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></b></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><b><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'>Kenyan shilling weakens against the dollar<o:p></o:p></span></b></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'>(Reuters) - The Kenyan shilling weakened against the dollar on Wednesday due to excess liquidity in the local money market and increased dollar demand from oil importers, traders said.<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'>At 1021 GMT, commercial banks quoted the shilling at 103.75/95 per dollar, compared with 103.65/75 at Tuesday’s close.<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'> </span><a href="mailto:info@bulls.co.zw"><span style='font-family:"Verdana","sans-serif";color:windowtext;text-decoration:none'><img border=0 width=300 height=296 id="_x0000_i1027" src="cid:image004.jpg@01D5639D.C80677A0"></span></a><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><b><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></b></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><b><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></b></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><b><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'>EMERGING MARKETS-<o:p></o:p></span></b></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><b><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></b></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><b><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'>HK stocks, China data boost emerging market shares; FX higher<o:p></o:p></span></b></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'>(Reuters) - Hong Kong stocks led a rally in emerging market shares on Wednesday after reports that the government may withdraw a controversial extradition bill, while upbeat Chinese data somewhat allayed fears over sluggish global growth.<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'>The possible withdrawal of a bill that would have allowed extraditions to mainland China ushered in a sense of respite after months of unrest that has thrown the Chinese-administred city into its worst crisis in decades.<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'>Hong Kong authorities have not confirmed the reports.<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'>Shares in the Hang Seng index jumped nearly 4%, helping MSCI’s index for emerging market stocks to scale a fresh three-week high.<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'>Further boosting sentiment was upbeat data from China reflecting the services sector’s fastest expansion rate in three months in August, easing some concerns of a slowdown in the world’s second largest economy.<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'>Asian markets took heart from the positive data, with mainland Chinese shares closing at near five-week highs.<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'>A similarly upbeat service sector report for August in Russia helped the country’s stocks move higher, while a rise in oil prices pushed the crude exporter’s currency higher.<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'>Mumbai-listed stocks underperformed the broader market, after data showed that India’s dominant services industry expanded at a slower pace in August.<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'>Developing world currencies broadly rose after weak U.S. manufacturing readings dented the dollar.<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'>Turkey’s lira jumped 1%, continuing to take comfort from inflation figures released on Tuesday that are likely to pave the way for lower interest rates before year-end.<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'>South Africa’s rand hit a near four-week high following a better-than-expected jump in second-quarter economic growth and shrugging off the latest data which showed private sector activity contracted in August.<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'>In emerging Europe, the Hungarian forint rose 0.5% against the euro to outperform its regional peers after data showed retail sales rose by an annual 6.4% in July after a revised 5.4% increase in June.<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'> </span><a href="mailto:info@bulls.co.zw"><span style='font-family:"Verdana","sans-serif";color:windowtext;text-decoration:none'><img border=0 width=300 height=296 id="_x0000_i1026" src="cid:image004.jpg@01D5639D.C80677A0"></span></a><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'> <o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'> <o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;text-indent:.3in;line-height:105%'><b><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></b></p><p class=MsoNormal style='margin-left:.55in;text-indent:.3in;line-height:105%'><b><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'>Commodities Markets<o:p></o:p></span></b></p><p class=MsoNormal style='margin-left:.55in;text-indent:.3in;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;text-indent:1.35pt;line-height:105%'><b><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></b></p><p class=MsoNormal style='margin-left:.55in;text-indent:1.35pt;line-height:105%'><b><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></b></p><p class=MsoNormal style='margin-left:.55in;text-indent:1.35pt;line-height:105%'><b><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'>Gold steadies near multi-year peak as U.S. yields slip<o:p></o:p></span></b></p><p class=MsoNormal style='margin-left:.55in;text-indent:1.35pt;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'>(Reuters) - Gold on Wednesday steadied near its highest in over six years as focus returned to economic woes with 10-year U.S. Treasury yields slumping to a three-year low, while a slight improvement in risk sentiment slowed bullion’s advance.<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;text-indent:1.35pt;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;text-indent:1.35pt;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'>Spot gold fell 0.03% to $1,546.25 per ounce at 11:00 am EDT (1500 GMT), still near last week’s $1,554.56, its highest since April 2013.<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;text-indent:1.35pt;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;text-indent:1.35pt;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;text-indent:1.35pt;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'>U.S. gold futures remained unchanged at $1,555.70.<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;text-indent:1.35pt;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;text-indent:1.35pt;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'>U.S. Treasury yields fell as the benchmark 10-year yield hit its lowest since July 2016, after U.S. manufacturing data showed the first contraction since 2016 on worries about a weakening global economy and U.S.-China trade tensions.<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;text-indent:1.35pt;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;text-indent:1.35pt;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'>U.S. President Donald Trump threatened on Tuesday that he would be “tougher” on Beijing in a second term as president if talks dragged on.<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;text-indent:1.35pt;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;text-indent:1.35pt;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'>However, global stock markets gained after a parliamentary vote raised chances of another delay to Brexit while a political gridlock in Italy seemed to have eased.<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;text-indent:1.35pt;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;text-indent:1.35pt;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;text-indent:1.35pt;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'>Investors also kept a close watch on developments in Hong Kong, after the region’s leader Carrie Lam withdrew a controversial extradition bill that had triggered months of violent protests in the Asian financial hub. However, some lawmakers said it still remains uncertain if this action would help end the protests.<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;text-indent:1.35pt;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;text-indent:1.35pt;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'>Meanwhile, traders fully priced in a 25 basis point interest rate cut at the U.S. Federal Reserve’s meeting later this month, according to CME’s FedWatch tool.<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;text-indent:1.35pt;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;text-indent:1.35pt;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'>Lower interest rates reduce the opportunity cost of holding non-yielding bullion and weigh on the dollar. The dollar fell against a basket of currencies.<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;text-indent:1.35pt;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;text-indent:1.35pt;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'>Indicative of sentiment, holdings of SPDR Gold Trust, the world’s largest gold-backed exchange-traded fund, rose to 890.04 tonnes on Tuesday, their highest since November 2016.<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;text-indent:1.35pt;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;text-indent:1.35pt;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'>Spot silver rose 0.4% to $19.31 per ounce, after hitting $19.57 earlier, its highest since September 2016.<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;text-indent:1.35pt;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;text-indent:1.35pt;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'>Elsewhere, spot platinum gained 2.3% to $980.00 per ounce after jumping 3% at $986 earlier in the session, it’s highest since February 2018. Palladium was up 0.7% at $1,553.25. <o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;text-indent:1.35pt;line-height:105%'><span style='mso-fareast-language:EN-US'><o:p> </o:p></span></p></td><td width=6 style='width:4.4pt;padding:0in 0in 0in 0in;height:10.05pt'><p class=MsoNormal style='line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></p></td></tr><tr><td width=847 colspan=5 style='width:634.95pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt'><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><strong><span style='font-family:"Verdana","sans-serif";color:#345883;mso-fareast-language:EN-US'>INVESTORS DIARY 2019</span></strong><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p></o:p></span></p></td><td width=6 style='width:4.4pt;padding:0in 0in 0in 0in'><p class=MsoNormal style='line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'> <o:p></o:p></span></p></td></tr><tr style='height:3.25pt'><td width=230 colspan=2 style='width:172.35pt;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:.55in;line-height:105%'><b><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'>Company</span></b><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p></o:p></span></p></td><td width=222 style='width:166.75pt;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='margin-left:.55in;line-height:105%'><b><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'>Event</span></b><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p></o:p></span></p></td><td width=222 style='width:166.45pt;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='margin-left:.55in;line-height:105%'><b><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'>Venue</span></b><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p></o:p></span></p></td><td width=173 valign=bottom style='width:129.4pt;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='margin-left:.55in;line-height:105%'><b><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'>Date & Time</span></b><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p></o:p></span></p></td><td width=6 style='width:4.4pt;padding:0in 0in 0in 0in;height:3.25pt'><p class=MsoNormal style='line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'> <o:p></o:p></span></p></td></tr><tr style='height:3.25pt'><td width=230 colspan=2 valign=top style='width:172.35pt;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:.55in;line-height:105%'><span style='mso-fareast-language:EN-US'><o:p> </o:p></span></p></td><td width=222 style='width:166.75pt;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='margin-left:.55in;line-height:105%'><span style='font-size:10.0pt;line-height:105%;font-family:"Trebuchet MS","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></p></td><td width=222 style='width:166.45pt;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='margin-left:.55in;line-height:105%'><span style='mso-fareast-language:EN-US'><o:p> </o:p></span></p></td><td width=173 valign=top style='width:129.4pt;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='margin-left:.55in;line-height:105%'><span style='font-size:10.0pt;line-height:105%;font-family:"Trebuchet MS","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></p></td><td width=6 style='width:4.4pt;padding:0in 0in 0in 0in;height:3.25pt'><p class=MsoNormal style='line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></p></td></tr><tr style='height:3.25pt'><td width=226 valign=top style='width:169.55pt;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='mso-fareast-language:EN-US'><o:p> </o:p></span></p></td><td width=226 colspan=2 style='width:169.55pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 0in 0in 0in;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";mso-fareast-language:EN-US'><o:p> </o:p></span></p></td><td width=222 style='width:166.45pt;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='mso-fareast-language:EN-US'><o:p> </o:p></span></p></td><td width=173 valign=top style='width:129.4pt;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";mso-fareast-language:EN-US'><o:p> </o:p></span></p></td><td width=6 style='width:4.4pt;padding:0in 0in 0in 0in;height:3.25pt'><p class=MsoNormal style='line-height:106%'><span style='font-size:12.0pt;line-height:106%;font-family:"Times New Roman","serif";mso-fareast-language:EN-US'><o:p> </o:p></span></p></td></tr><tr style='height:3.25pt'><td width=230 colspan=2 valign=top style='width:172.35pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#D9D9D9;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoNormal style='margin-left:.55in;line-height:105%'><b><span style='font-family:"Verdana","sans-serif";color:black;mso-fareast-language:EN-US'><o:p> </o:p></span></b></p></td><td width=222 style='width:166.75pt;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=MsoBodyText style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:0in;margin-left:.55in;margin-bottom:.0001pt;line-height:105%'><b><span style='font-size:11.0pt;line-height:105%;font-family:"Verdana","sans-serif";color:black;mso-fareast-language:EN-US'><o:p> </o:p></span></b></p></td><td width=222 style='width:166.45pt;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=MsoBodyText style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:0in;margin-left:.55in;margin-bottom:.0001pt;line-height:105%'><b><span style='font-size:11.0pt;line-height:105%;font-family:"Verdana","sans-serif";color:black;mso-fareast-language:EN-US'><o:p> </o:p></span></b></p></td><td width=173 valign=bottom style='width:129.4pt;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=MsoBodyText style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:0in;margin-left:.55in;margin-bottom:.0001pt;line-height:105%'><b><span style='font-size:11.0pt;line-height:105%;font-family:"Verdana","sans-serif";color:black;mso-fareast-language:EN-US'><o:p> </o:p></span></b></p></td><td width=6 style='width:4.4pt;padding:0in 0in 0in 0in;height:3.25pt'><p class=MsoNormal style='line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></p></td></tr><tr style='height:3.25pt'><td width=452 colspan=3 valign=top style='width:339.1pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoBodyText style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:0in;margin-left:.55in;margin-bottom:.0001pt;line-height:105%'><span style='font-size:11.0pt;line-height:105%;font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></p></td><td width=222 style='width:166.45pt;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=MsoBodyText style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:0in;margin-left:.55in;margin-bottom:.0001pt;line-height:105%'><span style='font-size:11.0pt;line-height:105%;font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></p></td><td width=173 valign=bottom style='width:129.4pt;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=MsoBodyText style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:0in;margin-left:.55in;margin-bottom:.0001pt;line-height:105%'><span style='font-size:11.0pt;line-height:105%;font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></p></td><td width=6 style='width:4.4pt;padding:0in 0in 0in 0in;height:3.25pt'><p class=MsoNormal style='line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></p></td></tr><tr style='height:3.25pt'><td width=452 colspan=3 valign=top style='width:339.1pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoBodyText style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:0in;margin-left:.55in;margin-bottom:.0001pt;line-height:105%'><span style='font-size:11.0pt;line-height:105%;font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></p></td><td width=222 style='width:166.45pt;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=MsoBodyText style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:0in;margin-left:.55in;margin-bottom:.0001pt;line-height:105%'><span style='font-size:11.0pt;line-height:105%;font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></p></td><td width=173 valign=bottom style='width:129.4pt;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=MsoBodyText style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:0in;margin-left:.55in;margin-bottom:.0001pt;line-height:105%'><span style='font-size:11.0pt;line-height:105%;font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></p></td><td width=6 style='width:4.4pt;padding:0in 0in 0in 0in;height:3.25pt'><p class=MsoNormal style='line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'> <o:p></o:p></span></p></td></tr><tr style='height:99.35pt'><td width=847 colspan=5 style='width:634.95pt;border:solid #BFBFBF 1.0pt;border-top:none;padding:0in 5.4pt 0in 5.4pt;height:99.35pt'><p class=MsoBodyText style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:0in;margin-left:.55in;margin-bottom:.0001pt;line-height:105%'><a href="mailto:info@bulls.co.zw"><span style='color:windowtext;mso-fareast-language:EN-ZW;text-decoration:none'><img border=0 width=763 height=259 id="Picture_x0020_1" src="cid:image005.jpg@01D5639D.C80677A0"></span></a><span lang=X-NONE style='font-size:11.0pt;line-height:105%;font-family:"Verdana","sans-serif"'><o:p></o:p></span></p></td><td width=6 style='width:4.4pt;padding:0in 0in 0in 0in;height:99.35pt'><p class=MsoNormal style='line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'> <o:p></o:p></span></p></td></tr><tr><td width=847 colspan=5 valign=top style='width:634.95pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#1F497D;padding:0in 5.4pt 0in 5.4pt'><p class=MsoNormal style='margin-left:.55in;line-height:105%'><i><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></i></p></td><td width=6 style='width:4.4pt;padding:0in 0in 0in 0in'><p class=MsoNormal style='line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'> <o:p></o:p></span></p></td></tr><tr><td width=847 colspan=5 valign=top style='width:634.95pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#1F497D;padding:0in 5.4pt 0in 5.4pt'><p class=MsoNormal style='margin-left:.55in;line-height:105%'><i><span style='font-size:7.0pt;line-height:105%;font-family:"Verdana","sans-serif";color:white;mso-fareast-language:EN-US'>DISCLAIMER: This report has been prepared by Bulls ‘n Bears, a division of Faith Capital (Pvt) Ltd for general information purposes only and does not constitute an offer to sell or the solicitation of an offer to buy or subscribe for any securities. The information contained in this report has been compiled from sources believed to be reliable, but no representation or warranty is made or guarantee given as to its accuracy or completeness. All opinions expressed and recommendations made are subject to change without notice. Securities or financial instruments mentioned herein may not be suitable for all investors. Securities of emerging and mid-size growth companies typically involve a higher degree of risk and more volatility than the securities of more established companies. Neither Faith Capital nor any other member of Bulls ‘n Bears nor any other person, accepts any liability whatsoever for any loss howsoever arising from any use of this report or its contents or otherwise arising in connection therewith. Recipients of this report shall be solely responsible for making their own independent investigation into the business, financial condition and future prospects of any companies referred to in this report. Other Indices quoted herein are for guideline purposes only and sourced from third parties.</span></i><i><span style='font-size:7.0pt;line-height:105%;font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p></o:p></span></i></p></td><td width=6 style='width:4.4pt;padding:0in 0in 0in 0in'><p class=MsoNormal style='line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'> <o:p></o:p></span></p></td></tr><tr><td width=847 colspan=5 valign=top style='width:634.95pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt'><p class=MsoNormal style='margin-left:.55in;line-height:105%'><i><span lang=EN-GB style='font-size:7.0pt;line-height:105%;font-family:"Verdana","sans-serif";color:white;mso-fareast-language:EN-US'><o:p> </o:p></span></i></p></td><td width=6 style='width:4.4pt;padding:0in 0in 0in 0in'><p class=MsoNormal style='line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'> <o:p></o:p></span></p></td></tr><tr><td width=847 colspan=5 valign=top style='width:634.95pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt'><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-size:7.0pt;line-height:105%;font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'>(c) 2019 <b>Web</b>:</span><span style='mso-fareast-language:EN-US'><a href="http:// www.bulls.co.zw "><span style='font-size:7.0pt;line-height:105%;font-family:"Verdana","sans-serif";color:black'> www.bulls.co.zw </span></a></span><b><span style='font-size:7.0pt;line-height:105%;font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'>Email:</span></b><span style='font-size:7.0pt;line-height:105%;font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'> </span><span style='mso-fareast-language:EN-US'><a href="mailto:info@bulls.co.zw"><span style='font-size:7.0pt;line-height:105%;font-family:"Verdana","sans-serif";color:black'>info@bulls.co.zw</span></a></span><span style='font-size:7.0pt;line-height:105%;font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'> <b>Tel:</b> +263 4 2927658 <b>Cell:</b> +263 77 344 1674<o:p></o:p></span></p></td><td width=6 style='width:4.4pt;padding:0in 0in 0in 0in'><p class=MsoNormal style='line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'> <o:p></o:p></span></p></td></tr><tr><td width=847 colspan=5 valign=bottom style='width:634.95pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt'><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-size:7.0pt;line-height:105%;font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'><o:p> </o:p></span></p></td><td width=6 style='width:4.4pt;padding:0in 0in 0in 0in'><p class=MsoNormal style='line-height:105%'><span style='font-family:"Verdana","sans-serif";mso-fareast-language:EN-US'> <o:p></o:p></span></p></td></tr><tr height=0><td width=226 style='border:none'></td><td width=4 style='border:none'></td><td width=222 style='border:none'></td><td width=222 style='border:none'></td><td width=173 style='border:none'></td><td width=6 style='border:none'></td></tr></table></div><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal><span style='mso-fareast-language:EN-US'><o:p> </o:p></span></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal><o:p> </o:p></p></div></body></html>