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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><div align=center><table class=MsoTableGrid border=0 cellspacing=0 cellpadding=0 style='border-collapse:collapse;border:none'><tr><td width=935 valign=top style='width:467.5pt;padding:0cm 5.4pt 0cm 5.4pt'><table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 align=left width=1179 style='width:589.25pt;border-collapse:collapse;margin-left:7.5pt;margin-right:7.5pt'><tr style='height:929.95pt'><td width=1179 valign=top style='width:589.25pt;padding:0cm 5.4pt 0cm 5.4pt;height:929.95pt'><p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;text-align:justify;line-height:115%'><b><span style='font-size:10.0pt;line-height:115%;font-family:"Georgia",serif'><o:p> </o:p></span></b></p><p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;text-align:justify;line-height:150%'><a href="mailto:info@bulls.co.zw"><span style='color:windowtext;mso-fareast-language:EN-ZW;text-decoration:none'><img border=0 width=1145 height=389 id="Picture_x0020_1" src="cid:image001.jpg@01D745E5.A97AE5B0"></span></a><a href="https://www.facebook.com/Hyundaizimbabwe/"></a><span style='font-family:"Georgia",serif'><o:p></o:p></span></p><p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height:normal'><span style='font-family:"Georgia",serif'><o:p> </o:p></span></p><p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height:normal'><b><span style='font-family:"Georgia",serif'>Government re-introduces export incentives<o:p></o:p></span></b></p><p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height:normal'><b><span style='font-family:"Georgia",serif'><o:p> </o:p></span></b></p><p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height:normal'><span style='font-family:"Georgia",serif'>Harare-The Ministry of Finance has re-introduced the export incentives albeit modified in a bid to promote focus towards export oriented production.<o:p></o:p></span></p><p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height:normal'><span style='font-family:"Georgia",serif'><o:p> </o:p></span></p><p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height:normal'><span style='font-family:"Georgia",serif'>The Ministry of Finance and Economic Development has introduced the <b>Incremental Export Incentive Scheme</b> indicating that the scheme seeks to support NDS-1 through diversifying production and exports away from the export of unprocessed products.<o:p></o:p></span></p><p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height:normal'><span style='font-family:"Georgia",serif'><o:p> </o:p></span></p><p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height:normal'><span style='font-family:"Georgia",serif'>The scheme is expected to achieve the following objectives: -<o:p></o:p></span></p><p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height:normal'><span style='font-family:"Georgia",serif'><o:p> </o:p></span></p><p class=MsoListParagraphCxSpFirst style='margin-bottom:0cm;margin-bottom:.0001pt;mso-add-space:auto;text-indent:-18.0pt;line-height:normal;mso-list:l1 level1 lfo1'><![if !supportLists]><span style='font-family:"Georgia",serif'><span style='mso-list:Ignore'>a)<span style='font:7.0pt "Times New Roman"'> </span></span></span><![endif]><span style='font-family:"Georgia",serif'>Boost productivity by firms currently engaged in exporting business as well as encourage entities that are not exporting so that they may venture into exporting business<o:p></o:p></span></p><p class=MsoListParagraphCxSpMiddle style='margin-bottom:0cm;margin-bottom:.0001pt;mso-add-space:auto;text-indent:-18.0pt;line-height:normal;mso-list:l1 level1 lfo1'><![if !supportLists]><span style='font-family:"Georgia",serif'><span style='mso-list:Ignore'>b)<span style='font:7.0pt "Times New Roman"'> </span></span></span><![endif]><span style='font-family:"Georgia",serif'>Generate sustainable growth in export revenue<o:p></o:p></span></p><p class=MsoListParagraphCxSpMiddle style='margin-bottom:0cm;margin-bottom:.0001pt;mso-add-space:auto;text-indent:-18.0pt;line-height:normal;mso-list:l1 level1 lfo1'><![if !supportLists]><span style='font-family:"Georgia",serif'><span style='mso-list:Ignore'>c)<span style='font:7.0pt "Times New Roman"'> </span></span></span><![endif]><span style='font-family:"Georgia",serif'>Fine tune the policy on export receipts retention threshold so that the benefits accrue directly to the exporters of goods and services and<o:p></o:p></span></p><p class=MsoListParagraphCxSpLast style='margin-bottom:0cm;margin-bottom:.0001pt;mso-add-space:auto;text-indent:-18.0pt;line-height:normal;mso-list:l1 level1 lfo1'><![if !supportLists]><span style='font-family:"Georgia",serif'><span style='mso-list:Ignore'>d)<span style='font:7.0pt "Times New Roman"'> </span></span></span><![endif]><span style='font-family:"Georgia",serif'>Encourage the listing and participation of firms on the Victoria Falls Stock Exchange and Victoria Falls Offshore Financial Centre.<o:p></o:p></span></p><p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height:normal'><span style='font-family:"Georgia",serif'><o:p> </o:p></span></p><div align=center><table class=MsoTableGrid border=1 cellspacing=0 cellpadding=0 width=1156 style='width:577.95pt;border-collapse:collapse;border:none'><tr style='height:11.1pt'><td width=493 valign=top style='width:246.5pt;border:solid windowtext 1.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:11.1pt'><p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height:normal'><b><span style='font-family:"Georgia",serif'><o:p> </o:p></span></b></p></td><td width=663 colspan=4 valign=top style='width:331.45pt;border:solid windowtext 1.0pt;border-left:none;padding:0cm 5.4pt 0cm 5.4pt;height:11.1pt'><p class=MsoNormal align=center style='margin-bottom:0cm;margin-bottom:.0001pt;text-align:center;line-height:normal'><b><span style='font-family:"Georgia",serif'>Retention Thresholds<o:p></o:p></span></b></p></td></tr><tr style='height:33.35pt'><td width=493 valign=top style='width:246.5pt;border:solid windowtext 1.0pt;border-top:none;padding:0cm 5.4pt 0cm 5.4pt;height:33.35pt'><p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height:normal'><span style='font-family:"Georgia",serif'>Export Retention Levels<o:p></o:p></span></p></td><td width=165 valign=top style='width:82.3pt;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:33.35pt'><p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height:normal'><span style='font-family:"Georgia",serif'>All Exporters<o:p></o:p></span></p></td><td width=315 valign=top style='width:157.5pt;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:33.35pt'><p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height:normal'><span style='font-family:"Georgia",serif'>Exporter Licenced Under Special Economic Zones<o:p></o:p></span></p></td><td width=183 valign=top style='width:91.3pt;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:33.35pt'><p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height:normal'><span style='font-family:"Georgia",serif'>Exporter listed <o:p></o:p></span></p><p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height:normal'><span style='font-family:"Georgia",serif'>on VFEX<o:p></o:p></span></p></td><td style='border:none;padding:0cm 0cm 0cm 0cm' width=1><p class='MsoNormal'> </td></tr><tr style='height:21.8pt'><td width=493 valign=top style='width:246.5pt;border:solid windowtext 1.0pt;border-top:none;padding:0cm 5.4pt 0cm 5.4pt;height:21.8pt'><p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height:normal'><span style='font-family:"Georgia",serif'>Current Retention Levels<o:p></o:p></span></p></td><td width=165 valign=top style='width:82.3pt;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:21.8pt'><p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height:normal'><span style='font-family:"Georgia",serif'>60%<o:p></o:p></span></p></td><td width=315 valign=top style='width:157.5pt;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:21.8pt'><p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height:normal'><span style='font-family:"Georgia",serif'>60%<o:p></o:p></span></p></td><td width=183 valign=top style='width:91.3pt;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:21.8pt'><p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height:normal'><span style='font-family:"Georgia",serif'>60%<o:p></o:p></span></p></td><td style='border:none;padding:0cm 0cm 0cm 0cm' width=1><p class='MsoNormal'> </td></tr><tr style='height:33.35pt'><td width=493 valign=top style='width:246.5pt;border:solid windowtext 1.0pt;border-top:none;padding:0cm 5.4pt 0cm 5.4pt;height:33.35pt'><p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height:normal'><b><span style='font-family:"Georgia",serif'>Retention Levels On Incremental Export Proceeds<o:p></o:p></span></b></p></td><td width=165 valign=top style='width:82.3pt;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:33.35pt'><p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height:normal'><b><span style='font-family:"Georgia",serif'>100%<o:p></o:p></span></b></p></td><td width=315 valign=top style='width:157.5pt;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:33.35pt'><p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height:normal'><b><span style='font-family:"Georgia",serif'>100%<o:p></o:p></span></b></p></td><td width=183 valign=top style='width:91.3pt;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:33.35pt'><p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height:normal'><b><span style='font-family:"Georgia",serif'>100%<o:p></o:p></span></b></p></td><td style='border:none;padding:0cm 0cm 0cm 0cm' width=1><p class='MsoNormal'> </td></tr></table></div><p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height:normal'><i><span style='font-family:"Georgia",serif'>Source: Ministry of Finance & Economic Development</span></i><i><span style='font-family:"Georgia",serif'><o:p></o:p></span></i></p><p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height:normal'><span style='font-family:"Georgia",serif'><o:p> </o:p></span></p><p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height:normal'><span style='font-family:"Georgia",serif'>In order to promote gold production and deliveries to Fidelity Printers & Refiners (FPR), gold producers who deliver quantities above their average monthly deliveries shall be entitled to a retention level 80% on the incremental portion of the gold delivered to FPR. Those companies listed on the VFEX will be entitled to a 100% retention level of their incremental exports<o:p></o:p></span></p><p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height:normal'><span style='font-family:"Georgia",serif'><o:p> </o:p></span></p><p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height:normal'><span style='font-family:"Georgia",serif'>Large scale gold producers that qualify for the 80% retention threshold shall also be entitled to directly export the incremental portion of the gold to enable them to secure funding and gold loans to enhance their production. FPR will facilitate the exportation process for the qualifying producers under the scheme.<o:p></o:p></span></p><p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height:normal'><span style='font-family:"Georgia",serif'><o:p> </o:p></span></p><p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height:normal'><span style='font-family:"Georgia",serif'><o:p> </o:p></span></p><p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height:normal'><b><span style='font-family:"Georgia",serif'>Fiscal Incentives<o:p></o:p></span></b></p><p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height:normal'><span style='font-family:"Georgia",serif'><o:p> </o:p></span></p><p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height:normal'><span style='font-family:"Georgia",serif'>A number of fiscal incentives that are aimed at promoting exports and investments include:-<o:p></o:p></span></p><p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height:normal'><span style='font-family:"Georgia",serif'><o:p> </o:p></span></p><p class=MsoListParagraph style='margin-bottom:0cm;margin-bottom:.0001pt;mso-add-space:auto;text-indent:-18.0pt;line-height:normal;mso-list:l2 level1 lfo2'><![if !supportLists]><b><span style='font-family:"Georgia",serif'><span style='mso-list:Ignore'>a)<span style='font:7.0pt "Times New Roman"'> </span></span></span></b><![endif]><b><span style='font-family:"Georgia",serif'>Tax Holiday<o:p></o:p></span></b></p><p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height:normal'><span style='font-family:"Georgia",serif'>Newly established investment enterprises that fall within any priority investment category will be granted tax holidays with respect to their corporate or turnover tax and depreciation allowance<o:p></o:p></span></p><p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height:normal'><span style='font-family:"Georgia",serif'><o:p> </o:p></span></p><p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height:normal'><b><span style='font-family:"Georgia",serif'><o:p> </o:p></span></b></p><p class=MsoListParagraph style='margin-bottom:0cm;margin-bottom:.0001pt;mso-add-space:auto;text-indent:-18.0pt;line-height:normal;mso-list:l2 level1 lfo2'><![if !supportLists]><b><span style='font-family:"Georgia",serif'><span style='mso-list:Ignore'>b)<span style='font:7.0pt "Times New Roman"'> </span></span></span></b><![endif]><b><span style='font-family:"Georgia",serif'>Duty Free Importation Schemes<o:p></o:p></span></b></p><p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height:normal'><span style='font-family:"Georgia",serif'>Duty free importations of raw materials that are designated for the manufacture of goods for export through the Duty Export Draw Back Scheme and or the Inward Processing Scheme.<o:p></o:p></span></p><p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height:normal'><span style='font-family:"Georgia",serif'><o:p> </o:p></span></p><p class=MsoListParagraph style='margin-bottom:0cm;margin-bottom:.0001pt;mso-add-space:auto;text-indent:-18.0pt;line-height:normal;mso-list:l2 level1 lfo2'><![if !supportLists]><b><span style='font-family:"Georgia",serif'><span style='mso-list:Ignore'>c)<span style='font:7.0pt "Times New Roman"'> </span></span></span></b><![endif]><b><span style='font-family:"Georgia",serif'>Export Drawback Scheme<o:p></o:p></span></b></p><p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height:normal'><span style='font-family:"Georgia",serif'>Under the Export Drawback Scheme refund for the import duties is claimed on goods are exported from Zimbabwe.<o:p></o:p></span></p><p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height:normal'><span style='font-family:"Georgia",serif'><o:p> </o:p></span></p><p class=MsoListParagraph style='margin-bottom:0cm;margin-bottom:.0001pt;mso-add-space:auto;text-indent:-18.0pt;line-height:normal;mso-list:l2 level1 lfo2'><![if !supportLists]><b><span style='font-family:"Georgia",serif'><span style='mso-list:Ignore'>d)<span style='font:7.0pt "Times New Roman"'> </span></span></span></b><![endif]><b><span style='font-family:"Georgia",serif'>Inward Processing Rebate Scheme<o:p></o:p></span></b></p><p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height:normal'><span style='font-family:"Georgia",serif'>The Inward Processing Rebate (IPR) is a claim for refund and applies to processing or repair of imported good for re-export. The applicant has to be involved in repairing or processing of imported goods for re-exportation. Processing activities under this scheme including fitting or assembling, industrial packaging or re-packaging, mixing and blending and the use of agents such as catalysts, accelerators or retarders of chemical reactions which disappear entirely or partially in the course of production and thereafter indistinguishable in the goods produced.<o:p></o:p></span></p><p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height:normal'><span style='font-family:"Georgia",serif'><o:p> </o:p></span></p><p class=MsoListParagraph style='margin-bottom:0cm;margin-bottom:.0001pt;mso-add-space:auto;text-indent:-18.0pt;line-height:normal;mso-list:l2 level1 lfo2'><![if !supportLists]><b><span style='font-family:"Georgia",serif'><span style='mso-list:Ignore'>e)<span style='font:7.0pt "Times New Roman"'> </span></span></span></b><![endif]><b><span style='font-family:"Georgia",serif'>Corporate Tax<o:p></o:p></span></b></p><p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height:normal'><span style='font-family:"Georgia",serif'>Taxable income from a manufacturing company with exports 51% or more of its output is taxed at the rate of 15%.<o:p></o:p></span></p><p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height:normal'><span style='font-family:"Georgia",serif'><o:p> </o:p></span></p><p class=MsoListParagraph style='margin-bottom:0cm;margin-bottom:.0001pt;mso-add-space:auto;text-indent:-18.0pt;line-height:normal;mso-list:l2 level1 lfo2'><![if !supportLists]><b><span style='font-family:"Georgia",serif'><span style='mso-list:Ignore'>f)<span style='font:7.0pt "Times New Roman"'> </span></span></span></b><![endif]><b><span style='font-family:"Georgia",serif'>Export Market Development Expenditure<o:p></o:p></span></b></p><p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height:normal'><span style='font-family:"Georgia",serif'>in order to promote exports, the Government provides for a deduction of an amount of any export-market development expenditure incurred by the taxpayer during the year of assessment, together with an amount equal to 100% percent of such expenditure. This means exporters are allowed to claim twice the amount of export market development expenditure incurred during the year of assessment. Qualifying expenditures under this incentive include:-<o:p></o:p></span></p><p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height:normal'><span style='font-family:"Georgia",serif'><o:p> </o:p></span></p><p class=MsoListParagraphCxSpFirst style='mso-margin-top-alt:0cm;margin-right:0cm;margin-bottom:0cm;margin-left:54.0pt;margin-bottom:.0001pt;mso-add-space:auto;text-indent:-36.0pt;line-height:normal;mso-list:l0 level1 lfo3'><![if !supportLists]><span style='font-family:"Georgia",serif'><span style='mso-list:Ignore'>i)<span style='font:7.0pt "Times New Roman"'> </span></span></span><![endif]><span style='font-family:"Georgia",serif'>Research into or obtaining of information relating to markets outside Zimbabwe<o:p></o:p></span></p><p class=MsoListParagraphCxSpMiddle style='mso-margin-top-alt:0cm;margin-right:0cm;margin-bottom:0cm;margin-left:54.0pt;margin-bottom:.0001pt;mso-add-space:auto;text-indent:-36.0pt;line-height:normal;mso-list:l0 level1 lfo3'><![if !supportLists]><span style='font-family:"Georgia",serif'><span style='mso-list:Ignore'>ii)<span style='font:7.0pt "Times New Roman"'> </span></span></span><![endif]><span style='font-family:"Georgia",serif'>Research into the packaging or presentation of goods for sale outside Zimbabwe<o:p></o:p></span></p><p class=MsoListParagraphCxSpMiddle style='mso-margin-top-alt:0cm;margin-right:0cm;margin-bottom:0cm;margin-left:54.0pt;margin-bottom:.0001pt;mso-add-space:auto;text-indent:-36.0pt;line-height:normal;mso-list:l0 level1 lfo3'><![if !supportLists]><span style='font-family:"Georgia",serif'><span style='mso-list:Ignore'>iii)<span style='font:7.0pt "Times New Roman"'> </span></span></span><![endif]><span style='font-family:"Georgia",serif'>Advertising goods outside Zimbabwe or otherwise securing publicity outside Zimbabwe for goods<o:p></o:p></span></p><p class=MsoListParagraphCxSpMiddle style='mso-margin-top-alt:0cm;margin-right:0cm;margin-bottom:0cm;margin-left:54.0pt;margin-bottom:.0001pt;mso-add-space:auto;text-indent:-36.0pt;line-height:normal;mso-list:l0 level1 lfo3'><![if !supportLists]><span style='font-family:"Georgia",serif'><span style='mso-list:Ignore'>iv)<span style='font:7.0pt "Times New Roman"'> </span></span></span><![endif]><span style='font-family:"Georgia",serif'>Soliciting business outside Zimbabwe or participating in trade fairs<o:p></o:p></span></p><p class=MsoListParagraphCxSpMiddle style='mso-margin-top-alt:0cm;margin-right:0cm;margin-bottom:0cm;margin-left:54.0pt;margin-bottom:.0001pt;mso-add-space:auto;text-indent:-36.0pt;line-height:normal;mso-list:l0 level1 lfo3'><![if !supportLists]><span style='font-family:"Georgia",serif'><span style='mso-list:Ignore'>v)<span style='font:7.0pt "Times New Roman"'> </span></span></span><![endif]><span style='font-family:"Georgia",serif'>Investigating or preparing information, designs, estimates or other material for the purpose of submitting tenders for the sale or supply of goods outside Zimbabwe<o:p></o:p></span></p><p class=MsoListParagraphCxSpMiddle style='mso-margin-top-alt:0cm;margin-right:0cm;margin-bottom:0cm;margin-left:54.0pt;margin-bottom:.0001pt;mso-add-space:auto;text-indent:-36.0pt;line-height:normal;mso-list:l0 level1 lfo3'><![if !supportLists]><span style='font-family:"Georgia",serif'><span style='mso-list:Ignore'>vi)<span style='font:7.0pt "Times New Roman"'> </span></span></span><![endif]><span style='font-family:"Georgia",serif'>Bringing prospective buyers to Zimbabwe from outside Zimbabwe and<o:p></o:p></span></p><p class=MsoListParagraphCxSpLast style='mso-margin-top-alt:0cm;margin-right:0cm;margin-bottom:0cm;margin-left:54.0pt;margin-bottom:.0001pt;mso-add-space:auto;text-indent:-36.0pt;line-height:normal;mso-list:l0 level1 lfo3'><![if !supportLists]><span style='font-family:"Georgia",serif'><span style='mso-list:Ignore'>vii)<span style='font:7.0pt "Times New Roman"'> </span></span></span><![endif]><span style='font-family:"Georgia",serif'>Providing samples of goods to persons outside Zimbabwe<o:p></o:p></span></p><p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height:normal'><span style='font-family:"Georgia",serif'><o:p> </o:p></span></p><p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height:normal'><span style='font-family:"Georgia",serif'><o:p> </o:p></span></p><p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height:normal'><b><span style='font-family:"Georgia",serif'>Commentary<o:p></o:p></span></b></p><p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height:normal'><span style='font-family:"Georgia",serif'>The best incentive that can be given to exporters in an ideal world is just 100% retention. To be told that you can now retain 100% of your money isn’t really an incentive. The best deal would also be a forex exchange market in which all players have confidence in and can participate. Hopefully, the RBZ will manage to restore confidence in the Auction market. <o:p></o:p></span></p><p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height:normal'><span style='font-family:"Georgia",serif'><o:p> </o:p></span></p><p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height:normal'><span style='font-family:"Georgia",serif'>Economic agents will be watching closely how the Government will manage the scheme this time around given its tragic end the last time. At least there are no attempts to introduce the local currency through the back door.<o:p></o:p></span></p><p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height:normal'><span style='font-family:"Georgia",serif'><o:p> </o:p></span></p><p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height:normal'><span style='font-family:"Georgia",serif'>The tax incentives are a positive move in whatever format they come. They represent real value to the companies and do buttress the export promotion agenda.<o:p></o:p></span></p><p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height:115%'><o:p> </o:p></p><p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height:115%'><o:p> </o:p></p><p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height:115%;background:white'><i><span style='font-size:9.0pt;line-height:115%;font-family:"Verdana",sans-serif;mso-fareast-language:EN-ZW'>Invest Wisely!<o:p></o:p></span></i></p><p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height:115%;background:white'><span style='font-size:9.0pt;line-height:115%;font-family:"Verdana",sans-serif;mso-fareast-language:EN-ZW'><o:p> </o:p></span></p><p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height:115%;background:white'><b><span style='font-size:9.0pt;line-height:115%;font-family:"Verdana",sans-serif;mso-fareast-language:EN-ZW'>Bulls n Bears </span></b><span style='font-size:9.0pt;line-height:115%;font-family:"Verdana",sans-serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p><p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height:115%;background:white'><span style='font-size:9.0pt;line-height:115%;font-family:"Verdana",sans-serif;mso-fareast-language:EN-ZW'> <o:p></o:p></span></p><p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height:115%;background:white'><span style='font-size:9.0pt;line-height:115%;font-family:"Verdana",sans-serif;mso-fareast-language:EN-ZW'>Telephone: <a href="tel:%2B263%2077%20344%201674" target="_blank"><span style='color:windowtext'>+263 77 344 1674</span></a> | <u>+27 71 544 4769<o:p></o:p></u></span></p><p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height:115%;background:white'><span style='font-size:9.0pt;line-height:115%;font-family:"Verdana",sans-serif;mso-fareast-language:EN-ZW'>Alt. Email: <a href="mailto:info@bulls.co.zw"><span style='color:windowtext'>info@bulls.co.zw</span></a> <o:p></o:p></span></p><p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height:115%;background:white'><span style='font-size:9.0pt;line-height:115%;font-family:"Verdana",sans-serif;mso-fareast-language:EN-ZW'>Website: <a href="http://www.bullszimbabwe.com"><span style='color:windowtext'>www.bullszimbabwe.com</span></a> <o:p></o:p></span></p><p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height:115%;background:white'><span style='font-size:9.0pt;line-height:115%;font-family:"Verdana",sans-serif;mso-fareast-language:EN-ZW'>Blog: </span><span class=MsoHyperlink><span style='color:windowtext'>www.<a href="https://bullszimbabwe.com/category/blogs/"><span style='font-size:9.0pt;line-height:115%;font-family:"Verdana",sans-serif;color:windowtext;mso-fareast-language:EN-ZW'>bullszimbabwe.com/category/blogs/</span></a></span></span><span style='font-size:9.0pt;line-height:115%;font-family:"Verdana",sans-serif;mso-fareast-language:EN-ZW'> <o:p></o:p></span></p><p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height:115%;background:white'><span style='font-size:9.0pt;line-height:115%;font-family:"Verdana",sans-serif;mso-fareast-language:EN-ZW'>Twitter: @bullsbears2010<o:p></o:p></span></p><p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height:115%;background:white'><span style='font-size:9.0pt;line-height:115%;font-family:"Verdana",sans-serif;mso-fareast-language:EN-ZW'>LinkedIn: Bulls n Bears Zimbabwe<o:p></o:p></span></p><p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height:115%;background:white'><span style='font-size:9.0pt;line-height:115%;font-family:"Verdana",sans-serif;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:windowtext'>www.facebook.com/BullsBearsZimbabwe</span></a><o:p></o:p></span></p><p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height:115%'><span style='font-size:9.0pt;line-height:115%;font-family:"Verdana",sans-serif;mso-fareast-language:EN-ZW'>Skype: Bulls.Bears <o:p></o:p></span></p><p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height:115%'><span style='font-size:9.0pt;line-height:115%;font-family:"Verdana",sans-serif;mso-fareast-language:EN-ZW'><img border=0 width=554 height=270 id="Picture_x0020_2" src="cid:image002.png@01D745E5.A97AE5B0" alt="cid:image003.png@01D70F49.B9215E40"><o:p></o:p></span></p><p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height:115%'><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p><p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height:115%'><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p></td></tr></table><p class=MsoNormal align=center style='text-align:center'><span style='color:#1F497D'><o:p></o:p></span></p></td></tr></table></div><p class=MsoNormal><o:p> </o:p></p></div></body></html>