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</o:shapelayout></xml><![endif]--></head><body lang=EN-ZW link="#0563C1" vlink="#954F72"><div class=WordSection1><div align=center><table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 style='border-collapse:collapse'><tr><td width=845 valign=top style='width:634.05pt;border:solid white 1.0pt;padding:0cm 5.4pt 0cm 5.4pt'><p class=MsoNormal><span style='font-family:"Candara",sans-serif'> </span><a href="mailto:info@bulls.co.zw"><span style='font-family:"Candara",sans-serif;color:windowtext;mso-fareast-language:EN-ZW;text-decoration:none'><img border=0 width=425 height=113 style='width:4.4236in;height:1.1736in' id="_x0000_i1025" src="cid:image001.jpg@01D8204A.83FE27D0"></span></a><o:p></o:p></p><p class=MsoNormal><span style='font-family:"Candara",sans-serif'> </span><o:p></o:p></p><p class=MsoNormal><span style='font-family:"Candara",sans-serif'> </span><o:p></o:p></p><p class=MsoNormal><span style='font-family:"Candara",sans-serif'>Dear Subscriber,</span><o:p></o:p></p><p class=MsoNormal><span style='font-family:"Candara",sans-serif'> </span><o:p></o:p></p><p class=MsoNormal><span style='font-family:"Candara",sans-serif'>Please find herein the RBZ Foreign Currency Auction Market results & Commentary for 08 February 2022. </span><o:p></o:p></p><p class=MsoNormal><span style='font-family:"Candara",sans-serif'> </span><o:p></o:p></p><table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width=667 style='width:500.0pt;border-collapse:collapse'><tr style='height:15.25pt'><td width=221 nowrap valign=bottom style='width:165.7pt;border:solid windowtext 1.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.25pt'></td><td width=224 nowrap colspan=2 valign=bottom style='width:168.0pt;border:solid windowtext 1.0pt;border-left:none;background:#E2EFD9;padding:0cm 5.4pt 0cm 5.4pt;height:15.25pt'><p class=MsoNormal align=right style='text-align:right'><b><span style='font-family:"Candara",sans-serif;color:black;mso-fareast-language:EN-ZW'>Auction Results </span></b><b><span style='font-family:"Candara",sans-serif;mso-fareast-language:EN-ZW'>08 February 2022</span></b><span style='font-family:"Candara",sans-serif'><o:p></o:p></span></p></td><td width=222 nowrap colspan=3 valign=bottom style='width:166.3pt;border:solid windowtext 1.0pt;border-left:none;padding:0cm 5.4pt 0cm 5.4pt;height:15.25pt'><p class=MsoNormal align=right style='text-align:right'><b><span style='font-family:"Candara",sans-serif;color:black;mso-fareast-language:EN-ZW'>Auction Results </span></b><b><span style='font-family:"Candara",sans-serif;mso-fareast-language:EN-ZW'>01 February 2022</span></b><span style='font-family:"Candara",sans-serif'><o:p></o:p></span></p></td></tr><tr style='height:15.25pt'><td width=221 nowrap valign=bottom style='width:165.7pt;border:solid windowtext 1.0pt;border-top:none;padding:0cm 5.4pt 0cm 5.4pt;height:15.25pt'></td><td width=119 nowrap valign=bottom style='width:89.55pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;background:#E2EFD9;padding:0cm 5.4pt 0cm 5.4pt;height:15.25pt'><p class=MsoNormal align=right style='text-align:right'><b><span style='font-family:"Candara",sans-serif;mso-fareast-language:EN-ZW'>US$<o:p></o:p></span></b></p></td><td width=105 nowrap valign=bottom style='width:78.45pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;background:#E2EFD9;padding:0cm 5.4pt 0cm 5.4pt;height:15.25pt'><p class=MsoNormal align=right style='text-align:right'><b><span style='font-family:"Candara",sans-serif;mso-fareast-language:EN-ZW'>US$<o:p></o:p></span></b></p></td><td width=96 nowrap valign=bottom style='width:72.05pt;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:15.25pt'><p class=MsoNormal align=right style='text-align:right'><b><span style='font-family:"Candara",sans-serif;mso-fareast-language:EN-ZW'>US$<o:p></o:p></span></b></p></td><td width=126 nowrap colspan=2 valign=bottom style='width:94.25pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:15.25pt'><p class=MsoNormal align=right style='text-align:right'><b><span style='font-family:"Candara",sans-serif;mso-fareast-language:EN-ZW'>US$<o:p></o:p></span></b></p></td></tr><tr style='height:15.25pt'><td width=221 nowrap valign=bottom style='width:165.7pt;border:solid windowtext 1.0pt;border-top:none;padding:0cm 5.4pt 0cm 5.4pt;height:15.25pt'><p class=MsoNormal><b><span style='font-family:"Candara",sans-serif;mso-fareast-language:EN-ZW'> </span></b><span style='font-family:"Candara",sans-serif'><o:p></o:p></span></p></td><td width=119 nowrap valign=bottom style='width:89.55pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;background:#E2EFD9;padding:0cm 5.4pt 0cm 5.4pt;height:15.25pt'><p class=MsoNormal align=right style='text-align:right'><b><span style='font-family:"Candara",sans-serif;color:black;mso-fareast-language:EN-ZW'>SME Auction</span></b><span style='font-family:"Candara",sans-serif'><o:p></o:p></span></p></td><td width=105 nowrap valign=bottom style='width:78.45pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;background:#E2EFD9;padding:0cm 5.4pt 0cm 5.4pt;height:15.25pt'><p class=MsoNormal align=right style='text-align:right'><b><span style='font-family:"Candara",sans-serif;color:black;mso-fareast-language:EN-ZW'>Main Auction</span></b><span style='font-family:"Candara",sans-serif'><o:p></o:p></span></p></td><td width=96 nowrap valign=bottom style='width:72.05pt;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:15.25pt'><p class=MsoNormal align=right style='text-align:right'><b><span style='font-family:"Candara",sans-serif;mso-fareast-language:EN-ZW'>SME Auction</span></b><span style='font-family:"Candara",sans-serif'><o:p></o:p></span></p></td><td width=126 nowrap colspan=2 valign=bottom style='width:94.25pt;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:15.25pt'><p class=MsoNormal align=right style='text-align:right'><b><span style='font-family:"Candara",sans-serif;mso-fareast-language:EN-ZW'>Main Auction</span></b><span style='font-family:"Candara",sans-serif'><o:p></o:p></span></p></td></tr><tr style='height:15.25pt'><td width=221 nowrap valign=bottom style='width:165.7pt;border:solid windowtext 1.0pt;border-top:none;padding:0cm 5.4pt 0cm 5.4pt;height:15.25pt'><p class=MsoNormal><b><span style='font-family:"Candara",sans-serif;color:black'>Value of Bids Accepted</span></b><b><span style='font-family:"Candara",sans-serif;color:black;mso-fareast-language:EN-ZW'><o:p></o:p></span></b></p></td><td width=119 nowrap style='width:89.55pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;background:#E2EFD9;padding:0cm 5.4pt 0cm 5.4pt;height:15.25pt'><p class=MsoNormal align=right style='text-align:right'><b><span style='color:black'>7,633,061.96</span></b><b><span style='color:black;mso-fareast-language:EN-ZW'><o:p></o:p></span></b></p></td><td width=105 nowrap style='width:78.45pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;background:#E2EFD9;padding:0cm 5.4pt 0cm 5.4pt;height:15.25pt'><p class=MsoNormal align=right style='text-align:right'><b><span style='color:black'>32,792,172.96<o:p></o:p></span></b></p></td><td width=96 nowrap style='width:72.05pt;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:15.25pt'><p class=MsoNormal align=right style='text-align:right'><b><span style='color:black'>6,773,484.47<o:p></o:p></span></b></p></td><td width=126 nowrap colspan=2 style='width:94.25pt;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:15.25pt'><p class=MsoNormal align=right style='text-align:right'><b><span style='color:black'>32,275,383.86<o:p></o:p></span></b></p></td></tr><tr style='height:15.25pt'><td width=221 nowrap valign=bottom style='width:165.7pt;border:solid windowtext 1.0pt;border-top:none;padding:0cm 5.4pt 0cm 5.4pt;height:15.25pt'><p class=MsoNormal><span style='font-family:"Candara",sans-serif;color:black'>Total Number of Bids Received<o:p></o:p></span></p></td><td width=119 nowrap style='width:89.55pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;background:#E2EFD9;padding:0cm 5.4pt 0cm 5.4pt;height:15.25pt'><p class=MsoNormal align=right style='text-align:right'><span style='color:black'>898<o:p></o:p></span></p></td><td width=105 nowrap style='width:78.45pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;background:#E2EFD9;padding:0cm 5.4pt 0cm 5.4pt;height:15.25pt'><p class=MsoNormal align=right style='text-align:right'><span style='color:black'>536<o:p></o:p></span></p></td><td width=96 nowrap style='width:72.05pt;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:15.25pt'><p class=MsoNormal align=right style='text-align:right'><span style='color:black'>901<o:p></o:p></span></p></td><td width=126 nowrap colspan=2 style='width:94.25pt;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:15.25pt'><p class=MsoNormal align=right style='text-align:right'><span style='color:black'>546<o:p></o:p></span></p></td></tr><tr style='height:15.25pt'><td width=221 nowrap valign=bottom style='width:165.7pt;border:solid windowtext 1.0pt;border-top:none;padding:0cm 5.4pt 0cm 5.4pt;height:15.25pt'><p class=MsoNormal><span style='font-family:"Candara",sans-serif;color:black'>Number of Bids Disqualified<o:p></o:p></span></p></td><td width=119 nowrap style='width:89.55pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;background:#E2EFD9;padding:0cm 5.4pt 0cm 5.4pt;height:15.25pt'><p class=MsoNormal align=right style='text-align:right'><span style='color:black'>100<o:p></o:p></span></p></td><td width=105 nowrap style='width:78.45pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;background:#E2EFD9;padding:0cm 5.4pt 0cm 5.4pt;height:15.25pt'><p class=MsoNormal align=right style='text-align:right'><span style='color:black'>85<o:p></o:p></span></p></td><td width=96 nowrap style='width:72.05pt;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:15.25pt'><p class=MsoNormal align=right style='text-align:right'><span style='color:black'>118<o:p></o:p></span></p></td><td width=126 nowrap colspan=2 style='width:94.25pt;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:15.25pt'><p class=MsoNormal align=right style='text-align:right'><span style='color:black'>86<o:p></o:p></span></p></td></tr><tr style='height:15.25pt'><td width=221 nowrap valign=bottom style='width:165.7pt;border:solid windowtext 1.0pt;border-top:none;padding:0cm 5.4pt 0cm 5.4pt;height:15.25pt'><p class=MsoNormal><span style='font-family:"Candara",sans-serif;color:black'>Total Number of Bids Accepted<o:p></o:p></span></p></td><td width=119 nowrap style='width:89.55pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;background:#E2EFD9;padding:0cm 5.4pt 0cm 5.4pt;height:15.25pt'><p class=MsoNormal align=right style='text-align:right'><span style='color:black'>798<o:p></o:p></span></p></td><td width=105 nowrap style='width:78.45pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;background:#E2EFD9;padding:0cm 5.4pt 0cm 5.4pt;height:15.25pt'><p class=MsoNormal align=right style='text-align:right'><span style='color:black'>451<o:p></o:p></span></p></td><td width=96 nowrap style='width:72.05pt;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:15.25pt'><p class=MsoNormal align=right style='text-align:right'><span style='color:black'>783<o:p></o:p></span></p></td><td width=126 nowrap colspan=2 style='width:94.25pt;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:15.25pt'><p class=MsoNormal align=right style='text-align:right'><span style='color:black'>460<o:p></o:p></span></p></td></tr><tr style='height:15.25pt'><td width=221 nowrap valign=bottom style='width:165.7pt;border:solid windowtext 1.0pt;border-top:none;padding:0cm 5.4pt 0cm 5.4pt;height:15.25pt'><p class=MsoNormal><span style='font-family:"Candara",sans-serif;color:black'>Number of Bids Allotted<o:p></o:p></span></p></td><td width=119 nowrap style='width:89.55pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;background:#E2EFD9;padding:0cm 5.4pt 0cm 5.4pt;height:15.25pt'><p class=MsoNormal align=right style='text-align:right'><span style='color:black'>798<o:p></o:p></span></p></td><td width=105 nowrap style='width:78.45pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;background:#E2EFD9;padding:0cm 5.4pt 0cm 5.4pt;height:15.25pt'><p class=MsoNormal align=right style='text-align:right'><span style='color:black'>410<o:p></o:p></span></p></td><td width=96 nowrap style='width:72.05pt;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:15.25pt'><p class=MsoNormal align=right style='text-align:right'><span style='color:black'>783<o:p></o:p></span></p></td><td width=126 nowrap colspan=2 style='width:94.25pt;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:15.25pt'><p class=MsoNormal align=right style='text-align:right'><span style='color:black'>460<o:p></o:p></span></p></td></tr><tr style='height:15.25pt'><td width=221 nowrap valign=bottom style='width:165.7pt;border:solid windowtext 1.0pt;border-top:none;padding:0cm 5.4pt 0cm 5.4pt;height:15.25pt'><p class=MsoNormal><b><span style='font-family:"Candara",sans-serif;color:black'>Amount Allotted<o:p></o:p></span></b></p></td><td width=119 nowrap style='width:89.55pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;background:#E2EFD9;padding:0cm 5.4pt 0cm 5.4pt;height:15.25pt'><p class=MsoNormal align=right style='text-align:right'><b><span style='color:black'>7,633,061.96<o:p></o:p></span></b></p></td><td width=105 nowrap style='width:78.45pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;background:#E2EFD9;padding:0cm 5.4pt 0cm 5.4pt;height:15.25pt'><p class=MsoNormal align=right style='text-align:right'><b><span style='color:black'>30,198,858.89<o:p></o:p></span></b></p></td><td width=96 nowrap style='width:72.05pt;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:15.25pt'><p class=MsoNormal align=right style='text-align:right'><b><span style='color:black'>6,773,484.47<o:p></o:p></span></b></p></td><td width=126 nowrap colspan=2 style='width:94.25pt;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:15.25pt'><p class=MsoNormal align=right style='text-align:right'><b><span style='color:black'>32,275,383.86<o:p></o:p></span></b></p></td></tr><tr style='height:15.25pt'><td width=221 nowrap valign=bottom style='width:165.7pt;border:solid windowtext 1.0pt;border-top:none;padding:0cm 5.4pt 0cm 5.4pt;height:15.25pt'><p class=MsoNormal><span style='font-family:"Candara",sans-serif;color:black'>Highest Rate Received</span><span style='font-family:"Candara",sans-serif;color:black;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=119 nowrap style='width:89.55pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;background:#E2EFD9;padding:0cm 5.4pt 0cm 5.4pt;height:15.25pt'><p class=MsoNormal align=right style='text-align:right'><span style='color:black'>135.0000<o:p></o:p></span></p></td><td width=105 nowrap style='width:78.45pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;background:#E2EFD9;padding:0cm 5.4pt 0cm 5.4pt;height:15.25pt'><p class=MsoNormal align=right style='text-align:right'><span style='color:black'>130.0000<o:p></o:p></span></p></td><td width=96 nowrap style='width:72.05pt;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:15.25pt'><p class=MsoNormal align=right style='text-align:right'><span style='color:black'>130.0000<o:p></o:p></span></p></td><td width=126 nowrap colspan=2 style='width:94.25pt;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:15.25pt'><p class=MsoNormal align=right style='text-align:right'><span style='color:black'>132.5000<o:p></o:p></span></p></td></tr><tr style='height:15.25pt'><td width=221 nowrap valign=bottom style='width:165.7pt;border:solid windowtext 1.0pt;border-top:none;padding:0cm 5.4pt 0cm 5.4pt;height:15.25pt'><p class=MsoNormal><span style='font-family:"Candara",sans-serif;color:black'>Lowest Bid Rate Received<o:p></o:p></span></p></td><td width=119 nowrap style='width:89.55pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;background:#E2EFD9;padding:0cm 5.4pt 0cm 5.4pt;height:15.25pt'></td><td width=105 nowrap style='width:78.45pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;background:#E2EFD9;padding:0cm 5.4pt 0cm 5.4pt;height:15.25pt'></td><td width=96 nowrap style='width:72.05pt;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:15.25pt'><p class=MsoNormal align=right style='text-align:right'><span style='color:black'>107.0000<o:p></o:p></span></p></td><td width=126 nowrap colspan=2 style='width:94.25pt;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:15.25pt'><p class=MsoNormal align=right style='text-align:right'><span style='color:black'>108.0000<o:p></o:p></span></p></td></tr><tr style='height:15.25pt'><td width=221 nowrap valign=bottom style='width:165.7pt;border:solid windowtext 1.0pt;border-top:none;padding:0cm 5.4pt 0cm 5.4pt;height:15.25pt'><p class=MsoNormal><span style='font-family:"Candara",sans-serif;color:black'>Lowest Bid Rate Allotted<o:p></o:p></span></p></td><td width=119 nowrap style='width:89.55pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;background:#E2EFD9;padding:0cm 5.4pt 0cm 5.4pt;height:15.25pt'><p class=MsoNormal align=right style='text-align:right'><span style='color:black'>115.0000<o:p></o:p></span></p></td><td width=105 nowrap style='width:78.45pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;background:#E2EFD9;padding:0cm 5.4pt 0cm 5.4pt;height:15.25pt'><p class=MsoNormal align=right style='text-align:right'><span style='color:black'>116.0000<o:p></o:p></span></p></td><td width=96 nowrap style='width:72.05pt;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:15.25pt'><p class=MsoNormal align=right style='text-align:right'><span style='color:black'>107.0000<o:p></o:p></span></p></td><td width=126 nowrap colspan=2 style='width:94.25pt;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:15.25pt'><p class=MsoNormal align=right style='text-align:right'><span style='color:black'>112.8200<o:p></o:p></span></p></td></tr><tr style='height:15.25pt'><td width=221 nowrap valign=bottom style='width:165.7pt;border:solid windowtext 1.0pt;border-top:none;padding:0cm 5.4pt 0cm 5.4pt;height:15.25pt'></td><td width=119 nowrap valign=bottom style='width:89.55pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;background:#E2EFD9;padding:0cm 5.4pt 0cm 5.4pt;height:15.25pt'></td><td width=105 nowrap valign=bottom style='width:78.45pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;background:#E2EFD9;padding:0cm 5.4pt 0cm 5.4pt;height:15.25pt'></td><td width=96 nowrap valign=bottom style='width:72.05pt;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:15.25pt'></td><td width=126 nowrap colspan=2 valign=bottom style='width:94.25pt;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:15.25pt'></td></tr><tr style='height:15.25pt'><td width=221 nowrap valign=bottom style='width:165.7pt;border:solid windowtext 1.0pt;border-top:none;padding:0cm 5.4pt 0cm 5.4pt;height:15.25pt'><p class=MsoNormal><b><span style='font-family:"Candara",sans-serif'>Weighted Average Rate</span></b><span style='font-family:"Candara",sans-serif'><o:p></o:p></span></p></td><td width=119 nowrap style='width:89.55pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;background:#E2EFD9;padding:0cm 5.4pt 0cm 5.4pt;height:15.25pt'><p class=MsoNormal align=right style='text-align:right'><b><span style='color:black'>118.8748<o:p></o:p></span></b></p></td><td width=105 nowrap valign=bottom style='width:78.45pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;background:#E2EFD9;padding:0cm 5.4pt 0cm 5.4pt;height:15.25pt'><p class=MsoNormal align=right style='text-align:right'><b><span style='color:black'>1.8715%<o:p></o:p></span></b></p></td><td width=96 nowrap style='width:72.05pt;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:15.25pt'><p class=MsoNormal align=right style='text-align:right'><b><span style='color:black'>116.6500<o:p></o:p></span></b></p></td><td width=126 nowrap colspan=2 valign=bottom style='width:94.25pt;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:15.25pt'><p class=MsoNormal align=right style='text-align:right'><b><span style='color:black'>100.0000%<o:p></o:p></span></b></p></td></tr><tr style='height:15.25pt'><td width=221 nowrap valign=bottom style='width:165.7pt;border:solid windowtext 1.0pt;border-top:none;padding:0cm 5.4pt 0cm 5.4pt;height:15.25pt'><p class=MsoNormal><span style='font-family:"Candara",sans-serif;mso-fareast-language:EN-ZW'> </span><span style='font-family:"Candara",sans-serif'><o:p></o:p></span></p></td><td width=119 nowrap valign=bottom style='width:89.55pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;background:#E2EFD9;padding:0cm 5.4pt 0cm 5.4pt;height:15.25pt'></td><td width=105 nowrap valign=bottom style='width:78.45pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;background:#E2EFD9;padding:0cm 5.4pt 0cm 5.4pt;height:15.25pt'></td><td width=96 nowrap valign=bottom style='width:72.05pt;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:15.25pt'></td><td width=126 nowrap colspan=2 valign=bottom style='width:94.25pt;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:15.25pt'></td></tr><tr style='height:15.25pt'><td width=221 nowrap valign=bottom style='width:165.7pt;border:solid windowtext 1.0pt;border-top:none;padding:0cm 5.4pt 0cm 5.4pt;height:15.25pt'><p class=MsoNormal><b><span style='font-family:"Candara",sans-serif;mso-fareast-language:EN-ZW'>Purpose</span></b><span style='font-family:"Candara",sans-serif'><o:p></o:p></span></p></td><td width=119 nowrap valign=bottom style='width:89.55pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;background:#E2EFD9;padding:0cm 5.4pt 0cm 5.4pt;height:15.25pt'><p class=MsoNormal align=right style='text-align:right'><b><span style='font-family:"Candara",sans-serif;color:black;mso-fareast-language:EN-ZW'>SME Auction</span></b><span style='font-family:"Candara",sans-serif'><o:p></o:p></span></p><p class=MsoNormal align=right style='text-align:right'><b><span style='font-family:"Candara",sans-serif;color:black;mso-fareast-language:EN-ZW'>Allotments</span></b><span style='font-family:"Candara",sans-serif'><o:p></o:p></span></p></td><td width=105 nowrap valign=bottom style='width:78.45pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;background:#E2EFD9;padding:0cm 5.4pt 0cm 5.4pt;height:15.25pt'><p class=MsoNormal align=right style='text-align:right'><b><span style='font-family:"Candara",sans-serif;color:black;mso-fareast-language:EN-ZW'>Main Auction</span></b><span style='font-family:"Candara",sans-serif'><o:p></o:p></span></p><p class=MsoNormal align=right style='text-align:right'><b><span style='font-family:"Candara",sans-serif;color:black;mso-fareast-language:EN-ZW'>Allotments</span></b><span style='font-family:"Candara",sans-serif'><o:p></o:p></span></p></td><td width=96 nowrap valign=bottom style='width:72.05pt;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:15.25pt'><p class=MsoNormal align=right style='text-align:right'><b><span style='font-family:"Candara",sans-serif;mso-fareast-language:EN-ZW'>SME Auction</span></b><span style='font-family:"Candara",sans-serif'><o:p></o:p></span></p><p class=MsoNormal align=right style='text-align:right'><b><span style='font-family:"Candara",sans-serif;mso-fareast-language:EN-ZW'>Allotments</span></b><span style='font-family:"Candara",sans-serif'><o:p></o:p></span></p></td><td width=126 nowrap colspan=2 valign=bottom style='width:94.25pt;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:15.25pt'><p class=MsoNormal align=right style='text-align:right'><b><span style='font-family:"Candara",sans-serif;mso-fareast-language:EN-ZW'>Main Auction</span></b><span style='font-family:"Candara",sans-serif'><o:p></o:p></span></p><p class=MsoNormal align=right style='text-align:right'><b><span style='font-family:"Candara",sans-serif;mso-fareast-language:EN-ZW'>Allotments</span></b><span style='font-family:"Candara",sans-serif'><o:p></o:p></span></p></td></tr><tr style='height:15.25pt'><td width=221 nowrap valign=bottom style='width:165.7pt;border:solid windowtext 1.0pt;border-top:none;padding:0cm 5.4pt 0cm 5.4pt;height:15.25pt'><p class=MsoNormal><b><span style='font-family:"Candara",sans-serif;mso-fareast-language:EN-ZW'> </span></b><span style='font-family:"Candara",sans-serif'><o:p></o:p></span></p></td><td width=119 nowrap valign=bottom style='width:89.55pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;background:#E2EFD9;padding:0cm 5.4pt 0cm 5.4pt;height:15.25pt'><p class=MsoNormal align=right style='text-align:right'><b><span style='font-family:"Candara",sans-serif;color:black;mso-fareast-language:EN-ZW'>USD</span></b><span style='font-family:"Candara",sans-serif'><o:p></o:p></span></p></td><td width=105 nowrap valign=bottom style='width:78.45pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;background:#E2EFD9;padding:0cm 5.4pt 0cm 5.4pt;height:15.25pt'><p class=MsoNormal align=right style='text-align:right'><b><span style='font-family:"Candara",sans-serif;color:black;mso-fareast-language:EN-ZW'>USD</span></b><span style='font-family:"Candara",sans-serif'><o:p></o:p></span></p></td><td width=96 nowrap valign=bottom style='width:72.05pt;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:15.25pt'><p class=MsoNormal align=right style='text-align:right'><b><span style='font-family:"Candara",sans-serif;mso-fareast-language:EN-ZW'>USD</span></b><span style='font-family:"Candara",sans-serif'><o:p></o:p></span></p></td><td width=126 nowrap colspan=2 valign=bottom style='width:94.25pt;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:15.25pt'><p class=MsoNormal align=right style='text-align:right'><b><span style='font-family:"Candara",sans-serif;mso-fareast-language:EN-ZW'>USD</span></b><span style='font-family:"Candara",sans-serif'><o:p></o:p></span></p></td></tr><tr style='height:15.25pt'><td width=221 nowrap valign=bottom style='width:165.7pt;border:solid windowtext 1.0pt;border-top:none;padding:0cm 5.4pt 0cm 5.4pt;height:15.25pt'><p class=MsoNormal><span style='font-family:"Candara",sans-serif'>Raw Materials <o:p></o:p></span></p></td><td width=119 nowrap style='width:89.55pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;background:#E2EFD9;padding:0cm 5.4pt 0cm 5.4pt;height:15.25pt'><p class=MsoNormal align=right style='text-align:right'><span style='color:black'>1,802,664.35</span><span style='color:black;mso-fareast-language:EN-ZW'><o:p></o:p></span></p></td><td width=105 nowrap style='width:78.45pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;background:#E2EFD9;padding:0cm 5.4pt 0cm 5.4pt;height:15.25pt'><p class=MsoNormal align=right style='text-align:right'><span style='color:black'>11,821,018.14<o:p></o:p></span></p></td><td width=96 nowrap style='width:72.05pt;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:15.25pt'><p class=MsoNormal align=right style='text-align:right'><span style='color:black'>1,584,646.80<o:p></o:p></span></p></td><td width=126 nowrap colspan=2 style='width:94.25pt;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:15.25pt'><p class=MsoNormal align=right style='text-align:right'><span style='color:black'>13,258,231.07<o:p></o:p></span></p></td></tr><tr style='height:15.25pt'><td width=221 nowrap valign=bottom style='width:165.7pt;border:solid windowtext 1.0pt;border-top:none;padding:0cm 5.4pt 0cm 5.4pt;height:15.25pt'><p class=MsoNormal><span style='font-family:"Candara",sans-serif'>Machinery & Equipment <o:p></o:p></span></p></td><td width=119 nowrap style='width:89.55pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;background:#E2EFD9;padding:0cm 5.4pt 0cm 5.4pt;height:15.25pt'><p class=MsoNormal align=right style='text-align:right'><span style='color:black'>2,264,729.79<o:p></o:p></span></p></td><td width=105 nowrap style='width:78.45pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;background:#E2EFD9;padding:0cm 5.4pt 0cm 5.4pt;height:15.25pt'><p class=MsoNormal align=right style='text-align:right'><span style='color:black'>7,901,825.18<o:p></o:p></span></p></td><td width=96 nowrap style='width:72.05pt;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:15.25pt'><p class=MsoNormal align=right style='text-align:right'><span style='color:black'>2,147,777.51<o:p></o:p></span></p></td><td width=126 nowrap colspan=2 style='width:94.25pt;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:15.25pt'><p class=MsoNormal align=right style='text-align:right'><span style='color:black'>7,024,692.98<o:p></o:p></span></p></td></tr><tr style='height:15.25pt'><td width=221 nowrap valign=bottom style='width:165.7pt;border:solid windowtext 1.0pt;border-top:none;padding:0cm 5.4pt 0cm 5.4pt;height:15.25pt'><p class=MsoNormal><span style='font-family:"Candara",sans-serif'>Consumables <o:p></o:p></span></p></td><td width=119 nowrap style='width:89.55pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;background:#E2EFD9;padding:0cm 5.4pt 0cm 5.4pt;height:15.25pt'><p class=MsoNormal align=right style='text-align:right'><span style='color:black'>876,554.00<o:p></o:p></span></p></td><td width=105 nowrap style='width:78.45pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;background:#E2EFD9;padding:0cm 5.4pt 0cm 5.4pt;height:15.25pt'><p class=MsoNormal align=right style='text-align:right'><span style='color:black'>3,562,165.30<o:p></o:p></span></p></td><td width=96 nowrap style='width:72.05pt;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:15.25pt'><p class=MsoNormal align=right style='text-align:right'><span style='color:black'>961,908.64<o:p></o:p></span></p></td><td width=126 nowrap colspan=2 style='width:94.25pt;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:15.25pt'><p class=MsoNormal align=right style='text-align:right'><span style='color:black'>2,750,638.64<o:p></o:p></span></p></td></tr><tr style='height:15.25pt'><td width=221 nowrap valign=bottom style='width:165.7pt;border:solid windowtext 1.0pt;border-top:none;padding:0cm 5.4pt 0cm 5.4pt;height:15.25pt'><p class=MsoNormal><span style='font-family:"Candara",sans-serif'>Pharmaceuticals & Chemicals<o:p></o:p></span></p></td><td width=119 nowrap style='width:89.55pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;background:#E2EFD9;padding:0cm 5.4pt 0cm 5.4pt;height:15.25pt'><p class=MsoNormal align=right style='text-align:right'><span style='color:black'>916,491.54<o:p></o:p></span></p></td><td width=105 nowrap style='width:78.45pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;background:#E2EFD9;padding:0cm 5.4pt 0cm 5.4pt;height:15.25pt'><p class=MsoNormal align=right style='text-align:right'><span style='color:black'>1,661,438.04<o:p></o:p></span></p></td><td width=96 nowrap style='width:72.05pt;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:15.25pt'><p class=MsoNormal align=right style='text-align:right'><span style='color:black'>1,053,903.16<o:p></o:p></span></p></td><td width=126 nowrap colspan=2 style='width:94.25pt;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:15.25pt'><p class=MsoNormal align=right style='text-align:right'><span style='color:black'>1,922,356.55<o:p></o:p></span></p></td></tr><tr style='height:15.25pt'><td width=221 nowrap valign=bottom style='width:165.7pt;border:solid windowtext 1.0pt;border-top:none;padding:0cm 5.4pt 0cm 5.4pt;height:15.25pt'><p class=MsoNormal><span style='font-family:"Candara",sans-serif'>Services <o:p></o:p></span></p></td><td width=119 nowrap style='width:89.55pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;background:#E2EFD9;padding:0cm 5.4pt 0cm 5.4pt;height:15.25pt'><p class=MsoNormal align=right style='text-align:right'><span style='color:black'>568,363.12<o:p></o:p></span></p></td><td width=105 nowrap style='width:78.45pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;background:#E2EFD9;padding:0cm 5.4pt 0cm 5.4pt;height:15.25pt'><p class=MsoNormal align=right style='text-align:right'><span style='color:black'>3,280,283.01<o:p></o:p></span></p></td><td width=96 nowrap style='width:72.05pt;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:15.25pt'><p class=MsoNormal align=right style='text-align:right'><span style='color:black'>554,044.11<o:p></o:p></span></p></td><td width=126 nowrap colspan=2 style='width:94.25pt;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:15.25pt'><p class=MsoNormal align=right style='text-align:right'><span style='color:black'>3,491,211.10<o:p></o:p></span></p></td></tr><tr style='height:15.25pt'><td width=221 nowrap valign=bottom style='width:165.7pt;border:solid windowtext 1.0pt;border-top:none;padding:0cm 5.4pt 0cm 5.4pt;height:15.25pt'><p class=MsoNormal><span style='font-family:"Candara",sans-serif'>Retail & Distribution <o:p></o:p></span></p></td><td width=119 nowrap style='width:89.55pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;background:#E2EFD9;padding:0cm 5.4pt 0cm 5.4pt;height:15.25pt'><p class=MsoNormal align=right style='text-align:right'><span style='color:black'>20,620.00<o:p></o:p></span></p></td><td width=105 nowrap style='width:78.45pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;background:#E2EFD9;padding:0cm 5.4pt 0cm 5.4pt;height:15.25pt'><p class=MsoNormal align=right style='text-align:right'><span style='color:black'>0.00<o:p></o:p></span></p></td><td width=96 nowrap style='width:72.05pt;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:15.25pt'><p class=MsoNormal align=right style='text-align:right'><span style='color:black'>10,000.00<o:p></o:p></span></p></td><td width=126 nowrap colspan=2 style='width:94.25pt;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:15.25pt'></td></tr><tr style='height:15.25pt'><td width=221 nowrap valign=bottom style='width:165.7pt;border:solid windowtext 1.0pt;border-top:none;padding:0cm 5.4pt 0cm 5.4pt;height:15.25pt'><p class=MsoNormal><span style='font-family:"Candara",sans-serif'>Fuel, Electricity & Gas <o:p></o:p></span></p></td><td width=119 nowrap style='width:89.55pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;background:#E2EFD9;padding:0cm 5.4pt 0cm 5.4pt;height:15.25pt'><p class=MsoNormal align=right style='text-align:right'><span style='color:black'>353,407.93<o:p></o:p></span></p></td><td width=105 nowrap style='width:78.45pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;background:#E2EFD9;padding:0cm 5.4pt 0cm 5.4pt;height:15.25pt'><p class=MsoNormal align=right style='text-align:right'><span style='color:black'>1,397,826.60<o:p></o:p></span></p></td><td width=96 nowrap style='width:72.05pt;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:15.25pt'><p class=MsoNormal align=right style='text-align:right'><span style='color:black'>314,122.62<o:p></o:p></span></p></td><td width=126 nowrap colspan=2 style='width:94.25pt;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:15.25pt'><p class=MsoNormal align=right style='text-align:right'><span style='color:black'>1,490,692.27<o:p></o:p></span></p></td></tr><tr style='height:15.25pt'><td width=221 nowrap valign=bottom style='width:165.7pt;border:solid windowtext 1.0pt;border-top:none;padding:0cm 5.4pt 0cm 5.4pt;height:15.25pt'><p class=MsoNormal><span style='font-family:"Candara",sans-serif'>Paper & Packaging <o:p></o:p></span></p></td><td width=119 nowrap style='width:89.55pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;background:#E2EFD9;padding:0cm 5.4pt 0cm 5.4pt;height:15.25pt'><p class=MsoNormal align=right style='text-align:right'><span style='color:black'>158,511.17<o:p></o:p></span></p></td><td width=105 nowrap style='width:78.45pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;background:#E2EFD9;padding:0cm 5.4pt 0cm 5.4pt;height:15.25pt'><p class=MsoNormal align=right style='text-align:right'><span style='color:black'>574,302.62<o:p></o:p></span></p></td><td width=96 nowrap style='width:72.05pt;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:15.25pt'><p class=MsoNormal align=right style='text-align:right'><span style='color:black'>147,081.63<o:p></o:p></span></p></td><td width=126 nowrap colspan=2 style='width:94.25pt;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:15.25pt'><p class=MsoNormal align=right style='text-align:right'><span style='color:black'>837,273.25<o:p></o:p></span></p></td></tr><tr style='height:15.8pt'><td width=221 nowrap valign=bottom style='width:165.7pt;border:solid windowtext 1.0pt;border-top:none;padding:0cm 5.4pt 0cm 5.4pt;height:15.8pt'><p class=MsoNormal><b><span style='font-family:"Candara",sans-serif'>Total </span></b><span style='font-family:"Candara",sans-serif'><o:p></o:p></span></p></td><td width=119 nowrap valign=bottom style='width:89.55pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;background:#E2EFD9;padding:0cm 5.4pt 0cm 5.4pt;height:15.8pt'><p class=MsoNormal align=right style='text-align:right'><b><span style='color:black'>6,961,341.90<o:p></o:p></span></b></p></td><td width=105 nowrap valign=bottom style='width:78.45pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;background:#E2EFD9;padding:0cm 5.4pt 0cm 5.4pt;height:15.8pt'><p class=MsoNormal align=right style='text-align:right'><b><span style='color:black'>30,198,858.89<o:p></o:p></span></b></p></td><td width=96 nowrap valign=bottom style='width:72.05pt;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:15.8pt'><p class=MsoNormal align=right style='text-align:right'><b><span style='color:black'>6,773,484.47<o:p></o:p></span></b></p></td><td width=126 nowrap colspan=2 valign=bottom style='width:94.25pt;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:15.8pt'><p class=MsoNormal align=right style='text-align:right'><b><span style='color:black'>30,775,095.86<o:p></o:p></span></b></p></td></tr><tr style='height:15.8pt'><td width=221 nowrap valign=bottom style='width:165.7pt;border:solid windowtext 1.0pt;border-top:none;padding:0cm 5.4pt 0cm 5.4pt;height:15.8pt'><p class=MsoNormal><span style='font-family:"Candara",sans-serif'> <o:p></o:p></span></p></td><td width=119 nowrap valign=bottom style='width:89.55pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;background:#E2EFD9;padding:0cm 5.4pt 0cm 5.4pt;height:15.8pt'></td><td width=105 nowrap valign=bottom style='width:78.45pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;background:#E2EFD9;padding:0cm 5.4pt 0cm 5.4pt;height:15.8pt'></td><td width=96 nowrap valign=bottom style='width:72.05pt;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:15.8pt'></td><td width=126 nowrap colspan=2 valign=bottom style='width:94.25pt;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:15.8pt'></td></tr><tr style='height:15.8pt'><td width=221 nowrap valign=bottom style='width:165.7pt;border:solid windowtext 1.0pt;border-top:none;padding:0cm 5.4pt 0cm 5.4pt;height:15.8pt'><p class=MsoNormal><b><span style='font-family:"Candara",sans-serif'>Grand Total Awarded</span></b><span style='font-family:"Candara",sans-serif'><o:p></o:p></span></p></td><td width=119 nowrap valign=bottom style='width:89.55pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;background:#E2EFD9;padding:0cm 5.4pt 0cm 5.4pt;height:15.8pt'><p class=MsoNormal align=right style='text-align:right'><b><span style='color:black'>37,160,200.79<o:p></o:p></span></b></p></td><td width=105 nowrap valign=bottom style='width:78.45pt;border-top:none;border-left:none;border-bottom:solid windowtext 1.0pt;border-right:solid windowtext 1.0pt;background:#E2EFD9;padding:0cm 5.4pt 0cm 5.4pt;height:15.8pt'><p class=MsoNormal align=right style='text-align:right'><b><span style='color:black'>-1.03%<o:p></o:p></span></b></p></td><td width=96 nowrap valign=bottom style='width:72.05pt;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:15.8pt'><p class=MsoNormal align=right style='text-align:right'><b><span style='color:black'>37,548,580.33<o:p></o:p></span></b></p></td><td width=126 nowrap colspan=2 valign=bottom style='width:94.25pt;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:15.8pt'></td></tr><tr style='height:11.55pt'><td width=221 style='width:165.7pt;padding:0cm 0cm 0cm 0cm;height:11.55pt'></td><td width=119 style='width:89.55pt;padding:0cm 0cm 0cm 0cm;height:11.55pt'></td><td width=105 style='width:78.45pt;padding:0cm 0cm 0cm 0cm;height:11.55pt'></td><td width=96 style='width:72.05pt;padding:0cm 0cm 0cm 0cm;height:11.55pt'></td><td width=2 style='width:1.2pt;padding:0cm 0cm 0cm 0cm;height:11.55pt'></td><td width=124 style='width:93.05pt;padding:0cm 0cm 0cm 0cm;height:11.55pt'></td></tr><tr style='height:11.55pt'><td width=221 style='width:165.7pt;padding:0cm 0cm 0cm 0cm;height:11.55pt'></td><td width=119 style='width:89.55pt;padding:0cm 0cm 0cm 0cm;height:11.55pt'></td><td width=105 style='width:78.45pt;padding:0cm 0cm 0cm 0cm;height:11.55pt'></td><td width=96 style='width:72.05pt;padding:0cm 0cm 0cm 0cm;height:11.55pt'></td><td width=2 style='width:1.2pt;padding:0cm 0cm 0cm 0cm;height:11.55pt'></td><td width=124 style='width:93.05pt;padding:0cm 0cm 0cm 0cm;height:11.55pt'></td></tr></table><p class=MsoNormal style='text-align:justify'><span style='font-family:"Candara",sans-serif'>Harare- The Zimbabwe dollar weakened marginally by a further 1.87% to ZWL</span><span style='color:black'>118.8748<b> </b></span><span style='font-family:"Candara",sans-serif'>to the greenback as the fiscal and monetary authorities announced a cocktail of measures including r</span><span style='color:#201F1E;background:white'>educing quarterly Reserve Money growth target from 10% to 7.5%.</span><o:p></o:p></p><p class=MsoNormal style='text-align:justify'><span style='font-family:"Candara",sans-serif'> </span><o:p></o:p></p><p class=MsoNormal style='text-align:justify'><span style='font-family:"Candara",sans-serif'>On the alternative market, the ZWL moved to a mean of ZWL230. Retailers were giving 50% discounts if one pays in US$ in a bid to attract US$ cash. This gives an implied rate of ZWL175 on average for basic goods.<o:p></o:p></span></p><p class=MsoNormal style='text-align:justify'><span style='font-family:"Candara",sans-serif'> <o:p></o:p></span></p><p class=MsoNormal style='text-align:justify'><span style='font-family:"Candara",sans-serif'>While the Government is attempting to de-dollarise, fundamentals are pointing towards re-dollarisation especially as more and people and service providers get remunerated in US$. <o:p></o:p></span></p><p class=MsoNormal style='text-align:justify'><span style='font-family:"Candara",sans-serif'><o:p> </o:p></span></p><p class=MsoNormal style='text-align:justify'><span style='font-family:"Candara",sans-serif'>The underwriting the ZWL by Government through allowing more taxes to be paid in ZWL and increasing retention levels for exporting entities are key in use of local currency but for now appear to be losing the battle as some of the measures are usually left until it’s too late.<o:p></o:p></span></p><p class=MsoNormal style='text-align:justify'><span style='font-family:"Candara",sans-serif'><o:p> </o:p></span></p><p class=MsoNormal style='text-align:justify'><span style='font-family:"Candara",sans-serif'>However the elephant in the room is the ability of the Government to maintain the spirit of the Dutch Auction System.<o:p></o:p></span></p><p class=MsoNormal style='text-align:justify'><span style='font-family:"Candara",sans-serif'><o:p> </o:p></span></p><p class=MsoNormal style='text-align:justify'><span style='font-family:"Candara",sans-serif'>Zimbabwe has some of the highest inflows of US$s in the region outside of South Africa but needs to sort out the allocation system so that the foreign currency can move freely.<o:p></o:p></span></p><p class=MsoNormal style='text-align:justify'><o:p> </o:p></p><p class=MsoNormal style='text-align:justify'><span style='font-family:"Candara",sans-serif'>Meanwhile we await to see the impact of the revised civil service US$ package on retail demand for forex and alternative market exchange rate. </span><o:p></o:p></p><p class=MsoNormal><span style='font-family:"Candara",sans-serif'> </span><o:p></o:p></p><p class=MsoNormal style='background:white'><span style='font-size:9.0pt;font-family:"Candara",sans-serif;color:black'>Invest Wisely!</span><o:p></o:p></p><p class=MsoNormal style='background:white'><span style='font-size:9.0pt;font-family:"Candara",sans-serif'> </span><o:p></o:p></p><p class=MsoNormal style='background:white'><b><span style='font-size:9.0pt;font-family:"Candara",sans-serif;color:black;mso-fareast-language:EN-ZW'>Bulls n Bears </span></b><o:p></o:p></p><p class=MsoNormal style='background:white'><span style='font-size:9.0pt;font-family:"Candara",sans-serif;color:black;mso-fareast-language:EN-ZW'> </span><o:p></o:p></p><p class=MsoNormal style='background:white'><span style='font-size:9.0pt;font-family:"Candara",sans-serif;color:black;mso-fareast-language:EN-ZW'>Cellphone: +27 71 5444 769</span><o:p></o:p></p><p class=MsoNormal style='background:white'><span style='font-size:9.0pt;font-family:"Candara",sans-serif;color:black;mso-fareast-language:EN-ZW'>Alt. Email: </span><span style='font-size:9.0pt;font-family:"Candara",sans-serif;color:black'><a href="mailto:info@bulls.co.zw"><span style='color:black;mso-fareast-language:EN-ZW'>info@bulls.co.zw</span></a></span><span style='font-size:9.0pt;font-family:"Candara",sans-serif;color:black;mso-fareast-language:EN-ZW'> </span><o:p></o:p></p><p class=MsoNormal style='background:white'><span style='font-size:9.0pt;font-family:"Candara",sans-serif;color:black;mso-fareast-language:EN-ZW'>Website: </span><span style='font-size:9.0pt;font-family:"Candara",sans-serif;color:black'><a href="http://www.bullszimbabwe.com"><span style='color:black;mso-fareast-language:EN-ZW'>www.bullszimbabwe.com</span></a></span><span style='font-size:9.0pt;font-family:"Candara",sans-serif;color:black;mso-fareast-language:EN-ZW'> </span><o:p></o:p></p><p class=MsoNormal style='background:white'><span style='font-size:9.0pt;font-family:"Candara",sans-serif;color:black;mso-fareast-language:EN-ZW'>Blog: </span><span style='font-size:9.0pt;font-family:"Candara",sans-serif;color:black'><a href="http://www.bullszimbabwe.com/category/blogs/"><span style='color:black;mso-fareast-language:EN-ZW'>www.bullszimbabwe.com/category/blogs/</span></a></span><span style='font-size:9.0pt;font-family:"Candara",sans-serif;color:black;mso-fareast-language:EN-ZW'> </span><o:p></o:p></p><p class=MsoNormal style='background:white'><span style='font-size:9.0pt;font-family:"Candara",sans-serif;color:black;mso-fareast-language:EN-ZW'>Twitter: @bullsbears2010</span><o:p></o:p></p><p class=MsoNormal style='background:white'><span style='font-size:9.0pt;font-family:"Candara",sans-serif;color:black;mso-fareast-language:EN-ZW'>LinkedIn: Bulls n Bears Zimbabwe</span><o:p></o:p></p><p class=MsoNormal style='background:white'><span style='font-size:9.0pt;font-family:"Candara",sans-serif;color:black;mso-fareast-language:EN-ZW'>Facebook: </span><span style='font-size:9.0pt;font-family:"Candara",sans-serif;color:black'><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;mso-fareast-language:EN-ZW'>www.facebook.com/BullsBearsZimbabwe</span></a></span><o:p></o:p></p><p class=MsoNormal><img border=0 width=246 height=120 style='width:2.5625in;height:1.25in' id="Picture_x0020_1" src="cid:image002.png@01D8204A.83FE27D0"><o:p></o:p></p><p class=MsoNormal><span style='font-family:"Candara",sans-serif'> </span><o:p></o:p></p><p class=MsoNormal><span style='font-family:"Candara",sans-serif'> </span><o:p></o:p></p></td></tr></table></div><p class=MsoNormal><span style='font-family:"Candara",sans-serif'> </span><o:p></o:p></p><p class=MsoNormal><span style='font-family:"Candara",sans-serif'> </span><span style='font-size:8.0pt;font-family:"Verdana",sans-serif;color:#666666'><o:p></o:p></span></p><p class=MsoNormal><o:p> </o:p></p></div></body></html>