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</o:shapelayout></xml><![endif]--></head><body lang=EN-ZW link="#0563C1" vlink="#954F72"><div class=WordSection1><p class=MsoNormal><o:p> </o:p></p><table class=MsoTableGrid border=1 cellspacing=0 cellpadding=0 style='border-collapse:collapse;border:none'><tr><td width=935 valign=top style='width:467.5pt;border:none;padding:0cm 5.4pt 0cm 5.4pt'><p class=MsoNormal><a href="mailto:info@bulls.co.zw"><span style='color:windowtext;mso-fareast-language:EN-ZW;text-decoration:none'><img border=0 width=914 height=182 id="Picture_x0020_3" src="cid:image001.jpg@01D66C12.5152A470"></span></a><o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal>Dear Subscriber,<o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal>Please see herein the RBZ Foreign Exchange Auction System for SMEs results.<o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width=843 style='width:421.45pt;border-collapse:collapse'><tr style='height:15.5pt'><td width=613 nowrap valign=bottom style='width:306.5pt;border:solid windowtext 1.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.5pt'><p class=MsoNormal><b><span style='color:black;mso-fareast-language:EN-ZW'> <o:p></o:p></span></b></p></td><td width=230 nowrap valign=bottom style='width:114.95pt;border:solid windowtext 1.0pt;border-left:none;padding:0cm 5.4pt 0cm 5.4pt;height:15.5pt'><p class=MsoNormal align=right style='text-align:right'><b><span style='color:black;mso-fareast-language:EN-ZW'>6-Aug-20<o:p></o:p></span></b></p></td></tr><tr style='height:15.5pt'><td width=613 nowrap valign=bottom style='width:306.5pt;border:solid windowtext 1.0pt;border-top:none;padding:0cm 5.4pt 0cm 5.4pt;height:15.5pt'><p class=MsoNormal><b><span style='color:black;mso-fareast-language:EN-ZW'>Amount Alloted<o:p></o:p></span></b></p></td><td width=230 nowrap valign=bottom style='width:114.95pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.5pt'><p class=MsoNormal align=right style='text-align:right'><b><span style='color:black;mso-fareast-language:EN-ZW'>460,167.99<o:p></o:p></span></b></p></td></tr><tr style='height:15.5pt'><td width=613 nowrap valign=bottom style='width:306.5pt;border:solid windowtext 1.0pt;border-top:none;padding:0cm 5.4pt 0cm 5.4pt;height:15.5pt'><p class=MsoNormal><span style='color:black;mso-fareast-language:EN-ZW'>Highest Rate<o:p></o:p></span></p></td><td width=230 nowrap valign=bottom style='width:114.95pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.5pt'><p class=MsoNormal align=right style='text-align:right'><span style='color:black;mso-fareast-language:EN-ZW'>85.00<o:p></o:p></span></p></td></tr><tr style='height:15.5pt'><td width=613 nowrap valign=bottom style='width:306.5pt;border:solid windowtext 1.0pt;border-top:none;padding:0cm 5.4pt 0cm 5.4pt;height:15.5pt'><p class=MsoNormal><span style='color:black;mso-fareast-language:EN-ZW'>Lowest Rate<o:p></o:p></span></p></td><td width=230 nowrap valign=bottom style='width:114.95pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.5pt'><p class=MsoNormal align=right style='text-align:right'><span style='color:black;mso-fareast-language:EN-ZW'>75.00<o:p></o:p></span></p></td></tr><tr style='height:15.5pt'><td width=613 nowrap valign=bottom style='width:306.5pt;border:solid windowtext 1.0pt;border-top:none;padding:0cm 5.4pt 0cm 5.4pt;height:15.5pt'><p class=MsoNormal><span style='color:black;mso-fareast-language:EN-ZW'>Lowest Accepted Rate<o:p></o:p></span></p></td><td width=230 nowrap valign=bottom style='width:114.95pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.5pt'><p class=MsoNormal align=right style='text-align:right'><span style='color:black;mso-fareast-language:EN-ZW'>75.00<o:p></o:p></span></p></td></tr><tr style='height:15.5pt'><td width=613 nowrap valign=bottom style='width:306.5pt;border:solid windowtext 1.0pt;border-top:none;padding:0cm 5.4pt 0cm 5.4pt;height:15.5pt'><p class=MsoNormal><b><span style='color:black;mso-fareast-language:EN-ZW'>Total Bids<o:p></o:p></span></b></p></td><td width=230 nowrap valign=bottom style='width:114.95pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.5pt'><p class=MsoNormal align=right style='text-align:right'><b><span style='color:black;mso-fareast-language:EN-ZW'>460,167.99<o:p></o:p></span></b></p></td></tr><tr style='height:15.5pt'><td width=613 nowrap valign=bottom style='width:306.5pt;border:solid windowtext 1.0pt;border-top:none;padding:0cm 5.4pt 0cm 5.4pt;height:15.5pt'><p class=MsoNormal><span style='color:black;mso-fareast-language:EN-ZW'>Number of Bids received<o:p></o:p></span></p></td><td width=230 nowrap valign=bottom style='width:114.95pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.5pt'><p class=MsoNormal align=right style='text-align:right'><span style='color:black;mso-fareast-language:EN-ZW'>40.00<o:p></o:p></span></p></td></tr><tr style='height:15.5pt'><td width=613 nowrap valign=bottom style='width:306.5pt;border:solid windowtext 1.0pt;border-top:none;padding:0cm 5.4pt 0cm 5.4pt;height:15.5pt'><p class=MsoNormal><span style='color:black;mso-fareast-language:EN-ZW'>Number of Bids rejected<o:p></o:p></span></p></td><td width=230 nowrap valign=bottom style='width:114.95pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.5pt'><p class=MsoNormal align=right style='text-align:right'><span style='color:black;mso-fareast-language:EN-ZW'>7.00<o:p></o:p></span></p></td></tr><tr style='height:15.5pt'><td width=613 nowrap valign=bottom style='width:306.5pt;border:solid windowtext 1.0pt;border-top:none;padding:0cm 5.4pt 0cm 5.4pt;height:15.5pt'><p class=MsoNormal><span style='color:black;mso-fareast-language:EN-ZW'> <o:p></o:p></span></p></td><td width=230 nowrap valign=bottom style='width:114.95pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.5pt'></td></tr><tr style='height:15.5pt'><td width=613 nowrap valign=bottom style='width:306.5pt;border:solid windowtext 1.0pt;border-top:none;padding:0cm 5.4pt 0cm 5.4pt;height:15.5pt'><p class=MsoNormal><b><span style='color:black;mso-fareast-language:EN-ZW'>Purpose<o:p></o:p></span></b></p></td><td width=230 nowrap valign=bottom style='width:114.95pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.5pt'><p class=MsoNormal align=right style='text-align:right'><b><span style='color:black;mso-fareast-language:EN-ZW'>Amount Allotted<o:p></o:p></span></b></p></td></tr><tr style='height:15.5pt'><td width=613 nowrap valign=bottom style='width:306.5pt;border:solid windowtext 1.0pt;border-top:none;padding:0cm 5.4pt 0cm 5.4pt;height:15.5pt'><p class=MsoNormal><span style='color:black;mso-fareast-language:EN-ZW'> Raw Materials <o:p></o:p></span></p></td><td width=230 nowrap valign=bottom style='width:114.95pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.5pt'><p class=MsoNormal align=right style='text-align:right'><span style='color:black;mso-fareast-language:EN-ZW'>178,517.91<o:p></o:p></span></p></td></tr><tr style='height:15.5pt'><td width=613 nowrap valign=bottom style='width:306.5pt;border:solid windowtext 1.0pt;border-top:none;padding:0cm 5.4pt 0cm 5.4pt;height:15.5pt'><p class=MsoNormal><span style='color:black;mso-fareast-language:EN-ZW'> Machinery & Equipment <o:p></o:p></span></p></td><td width=230 nowrap valign=bottom style='width:114.95pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.5pt'><p class=MsoNormal align=right style='text-align:right'><span style='color:black;mso-fareast-language:EN-ZW'>91,447.39<o:p></o:p></span></p></td></tr><tr style='height:15.5pt'><td width=613 nowrap valign=bottom style='width:306.5pt;border:solid windowtext 1.0pt;border-top:none;padding:0cm 5.4pt 0cm 5.4pt;height:15.5pt'><p class=MsoNormal><span style='color:black;mso-fareast-language:EN-ZW'> Retail & Distribution (incl Food, Beverages, etc) <o:p></o:p></span></p></td><td width=230 nowrap valign=bottom style='width:114.95pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.5pt'><p class=MsoNormal align=right style='text-align:right'><span style='color:black;mso-fareast-language:EN-ZW'>40,000.00<o:p></o:p></span></p></td></tr><tr style='height:15.5pt'><td width=613 nowrap valign=bottom style='width:306.5pt;border:solid windowtext 1.0pt;border-top:none;padding:0cm 5.4pt 0cm 5.4pt;height:15.5pt'><p class=MsoNormal><span style='color:black;mso-fareast-language:EN-ZW'> Consumables (incl Spares, Tyres, Electricals) <o:p></o:p></span></p></td><td width=230 nowrap valign=bottom style='width:114.95pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.5pt'><p class=MsoNormal align=right style='text-align:right'><span style='color:black;mso-fareast-language:EN-ZW'>86,309.97<o:p></o:p></span></p></td></tr><tr style='height:15.5pt'><td width=613 nowrap valign=bottom style='width:306.5pt;border:solid windowtext 1.0pt;border-top:none;padding:0cm 5.4pt 0cm 5.4pt;height:15.5pt'><p class=MsoNormal><span style='color:black;mso-fareast-language:EN-ZW'> Services (Loans, Dividends & Disinvestments) <o:p></o:p></span></p></td><td width=230 nowrap valign=bottom style='width:114.95pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.5pt'><p class=MsoNormal align=right style='text-align:right'><span style='color:black;mso-fareast-language:EN-ZW'>23,700.00<o:p></o:p></span></p></td></tr><tr style='height:15.5pt'><td width=613 nowrap valign=bottom style='width:306.5pt;border:solid windowtext 1.0pt;border-top:none;padding:0cm 5.4pt 0cm 5.4pt;height:15.5pt'><p class=MsoNormal><span style='color:black;mso-fareast-language:EN-ZW'> Paper & Packaging <o:p></o:p></span></p></td><td width=230 nowrap valign=bottom style='width:114.95pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.5pt'><p class=MsoNormal align=right style='text-align:right'><span style='color:black;mso-fareast-language:EN-ZW'>40,192.72<o:p></o:p></span></p></td></tr><tr style='height:15.5pt'><td width=613 nowrap valign=bottom style='width:306.5pt;border:solid windowtext 1.0pt;border-top:none;padding:0cm 5.4pt 0cm 5.4pt;height:15.5pt'><p class=MsoNormal><span style='color:black;mso-fareast-language:EN-ZW'>Pharmaceuticals & Chemicals<o:p></o:p></span></p></td><td width=230 nowrap valign=bottom style='width:114.95pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.5pt'><p class=MsoNormal align=right style='text-align:right'><span style='color:black;mso-fareast-language:EN-ZW'>-<o:p></o:p></span></p></td></tr><tr style='height:15.5pt'><td width=613 nowrap valign=bottom style='width:306.5pt;border:solid windowtext 1.0pt;border-top:none;padding:0cm 5.4pt 0cm 5.4pt;height:15.5pt'><p class=MsoNormal><span style='color:black;mso-fareast-language:EN-ZW'> Fuel, Electricity & Gas <o:p></o:p></span></p></td><td width=230 nowrap valign=bottom style='width:114.95pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.5pt'><p class=MsoNormal align=right style='text-align:right'><span style='color:black;mso-fareast-language:EN-ZW'>-<o:p></o:p></span></p></td></tr><tr style='height:16.0pt'><td width=613 nowrap valign=bottom style='width:306.5pt;border:solid windowtext 1.0pt;border-top:none;padding:0cm 5.4pt 0cm 5.4pt;height:16.0pt'><p class=MsoNormal><b><span style='color:black;mso-fareast-language:EN-ZW'> Total <o:p></o:p></span></b></p></td><td width=230 nowrap valign=bottom style='width:114.95pt;border-top:none;border-left:none;border-bottom:double windowtext 2.25pt;border-right:solid windowtext 1.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:16.0pt'><p class=MsoNormal align=right style='text-align:right'><b><span style='color:black;mso-fareast-language:EN-ZW'>460,167.99<o:p></o:p></span></b></p></td></tr></table><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal><o:p> </o:p></p></td></tr></table><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'>+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'>+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'>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'>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'>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'>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:image005.jpg@01D66C11.BD06ED80" alt="cid:image012.jpg@01D0BFE7.544DF490"><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><o:p> </o:p></p><p class=MsoNormal><o:p> </o:p></p></div></body></html>