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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 width=996 style='width:747.2pt;border-collapse:collapse'><tr><td width=990 valign=top style='width:742.8pt;border:solid white 1.0pt;border-bottom:none;padding:0cm 5.4pt 0cm 5.4pt'></td><td width=6 style='width:4.4pt;border:none;border-top:solid white 1.0pt;padding:0cm 0cm 0cm 0cm'><p class=MsoNormal style='line-height:105%'><span lang=EN-US style='font-family:"Verdana",sans-serif'> <o:p></o:p></span></p></td></tr><tr><td width=990 valign=top style='width:742.8pt;border-top:none;border-left:solid white 1.0pt;border-bottom:none;border-right:solid white 1.0pt;background:#F2F2F2;padding:0cm 5.4pt 0cm 5.4pt'><p class=MsoNormal><span style='font-family:"Verdana",sans-serif;color:#1F497D'><a href="https://bullszimbabwe.com/"><span style='text-decoration:none'><img border=0 width=246 height=120 id="_x0000_i1025" src="cid:image001.png@01D6FBBE.85AC06D0" alt="cid:image001.png@01D6FBBE.85AC06D0"></span></a><o:p></o:p></span></p></td><td width=6 style='width:4.4pt;padding:0cm 0cm 0cm 0cm'><p class=MsoNormal style='line-height:105%'><span style='font-family:"Verdana",sans-serif;color:#1F497D'> <o:p></o:p></span></p></td></tr><tr style='height:33.55pt'><td width=990 valign=top style='width:742.8pt;border-top:none;border-left:solid white 1.0pt;border-bottom:none;border-right:solid white 1.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:33.55pt'><p class=MsoNormal><span style='font-family:"Verdana",sans-serif;color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='color:#1F497D'><a href="http://www.bullszimbabwe.com/"><span style='text-decoration:none'>Bullszimbabwe.com </span></a> <a href="mailto:info@bulls.co.zw?subject=View%20and%20Comments"><span style='text-decoration:none'>Views & Comments</span></a> <a href="http://www.bulls.co.zw/blog"><span 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1.0pt;background:#F2F2F2;padding:0cm 5.4pt 0cm 5.4pt'><p class=MsoSubtitle style='margin-left:32.1pt;text-indent:7.5pt;line-height:105%'><span class=style30><b><span style='font-family:"Verdana",sans-serif;color:windowtext'><o:p> </o:p></span></b></span></p></td><td width=6 style='width:4.4pt;padding:0cm 0cm 0cm 0cm'><p class=MsoNormal style='line-height:105%'><span lang=EN-US style='font-family:"Verdana",sans-serif'> </span><span style='font-family:"Verdana",sans-serif'><o:p></o:p></span></p></td></tr><tr><td width=990 valign=top style='width:742.8pt;border-top:none;border-left:solid white 1.0pt;border-bottom:none;border-right:solid white 1.0pt;padding:0cm 5.4pt 0cm 5.4pt'><p class=MsoNormal style='line-height:105%'><span class=style30><b><span lang=EN-US style='font-family:"Verdana",sans-serif;color:#1F497D'>Entrepreneurship Zone: 01 July 2024: South African entrepreneur carves out niche in hotel industry</span></b></span><b><span lang=EN-US style='font-family:"Verdana",sans-serif'><o:p></o:p></span></b></p></td><td width=6 style='width:4.4pt;padding:0cm 0cm 0cm 0cm'><p class=MsoNormal style='line-height:105%'><span lang=EN-US style='font-family:"Verdana",sans-serif'> <o:p></o:p></span></p></td></tr><tr><td width=990 valign=top style='width:742.8pt;border-top:none;border-left:solid white 1.0pt;border-bottom:none;border-right:solid white 1.0pt;background:#F2F2F2;padding:0cm 5.4pt 0cm 5.4pt'><p class=MsoNormal style='line-height:105%'><span class=style30><b><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></b></span></p></td><td width=6 style='width:4.4pt;padding:0cm 0cm 0cm 0cm'><p class=MsoNormal style='line-height:105%'><span lang=EN-US style='font-family:"Verdana",sans-serif'> </span><span style='font-family:"Verdana",sans-serif'><o:p></o:p></span></p></td></tr><tr style='height:3.0pt'><td width=990 valign=top style='width:742.8pt;border-top:none;border-left:solid white 1.0pt;border-bottom:none;border-right:solid white 1.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:3.0pt'></td><td width=6 style='width:4.4pt;padding:0cm 0cm 0cm 0cm;height:3.0pt'><p class=MsoNormal style='line-height:105%'><span lang=EN-US style='font-family:"Verdana",sans-serif'> </span><span style='font-family:"Verdana",sans-serif'><o:p></o:p></span></p></td></tr><tr style='height:10.05pt'><td width=990 valign=top style='width:742.8pt;border-top:none;border-left:solid white 1.0pt;border-bottom:none;border-right:solid white 1.0pt;background:#F2F2F2;padding:0cm 5.4pt 0cm 5.4pt;height:10.05pt'><p class=MsoNormal style='line-height:105%'><span lang=EN-US style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p></td><td width=6 style='width:4.4pt;padding:0cm 0cm 0cm 0cm;height:10.05pt'><p class=MsoNormal style='line-height:105%'><span lang=EN-US style='font-family:"Verdana",sans-serif'> <o:p></o:p></span></p></td></tr><tr style='height:10.05pt'><td width=990 rowspan=3 valign=top style='width:742.8pt;border-top:none;border-left:solid white 1.0pt;border-bottom:none;border-right:solid white 1.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:10.05pt'><h1 style='mso-margin-top-alt:0cm;margin-right:0cm;margin-bottom:9.6pt;margin-left:0cm'><!--[if gte vml 1]><v:shapetype id="_x0000_t75" coordsize="21600,21600" o:spt="75" o:preferrelative="t" path="m@4@5l@4@11@9@11@9@5xe" filled="f" stroked="f">
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</v:shape><![endif]--><![if !vml]><a href="https://www.zitfevents.com/"><img border=0 width=624 height=941 src="cid:image003.jpg@01DACB97.7CC311B0" align=left hspace=12 v:shapes="Picture_x0020_2"></a><![endif]><span style='font-size:11.0pt;font-family:"Verdana",sans-serif'><span style='color:black'><o:p></o:p></span></span></h1><p style='box-sizing: border-box;font-size:0.975rem'><strong><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>South African entrepreneur Bheki Dube has fused his love for travel, stories, art and people into a hybrid hotel chain named Curiocity.</span></strong><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'><o:p></o:p></span></p><p><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>Situated in the creative hub of Maboneng and capturing Johannesburg’s vibrant urban culture with its bike-friendly outdoor spaces, a pool, a bar, a rooftop and a spacious common area for creative and engaging experiences, it would seem only fitting that Curiocity Joburg, the flagship hotel for Curiocity Africa and one of a chain of city hotels, would provide a hybrid offering to appeal to digital nomads, the local startup scene and local and international tourists, alike.<o:p></o:p></span></p><p><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>Yet, when founder Bheki Dube created Curiocity Africa, hybrid hotels were virtually unheard of on the continent. Hotels that blend the traditional hotel model with co-living and co-working spaces as well as cultural immersion, where guests can live, work, eat, drink and socialise all in one space were an anomaly. Thanks to his early work as a guide, telling the story of the area, Dube knew there was an opening.<o:p></o:p></span></p><p><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>His experience-led hotels blend those beginnings as a walking tour guide, inspired by his grandmother’s love of storytelling, with an intent to highlight significant spaces and people within the cities where the hotels are located.<o:p></o:p></span></p><p><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>“As far as I can remember, my grandma would tell all these stories of Africa. And it’s about continuing with that legacy and saying, ‘How do I use Curiocity as a vehicle to share the innate stories of Africa?’” Dube said.<o:p></o:p></span></p><p><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>This vision is reflected in the experiences offered at Curiocity locations. Whether in Johannesburg, Cape Town or the Cradle of Humankind, guests can expect curated activities such as sunrise power hikes, adventure outings, and sound journeys. These experiences are designed to ensure that each stay is unique and immersive.<o:p></o:p></span></p><p><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>After launching the first Curiocity in 2013, in Johannesburg, at only 21, Dube faced significant challenges due to his limited business knowledge and foundational support.<o:p></o:p></span></p><p><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>He explained: “We’re not typically born into a wealth of intellectual property where our parents are discussing business and deals. I wasn’t born into that. Some people were. Rising above the status quo and developing this intellectual property to engage at a high level is a challenge in itself. It requires studying and applying knowledge systems that inform you on that. Negotiating your terms and existence in such spaces is intellectually challenging. Eventually, when you succeed in those conversations with developers, funders, and others you pitch your concept to, you ask, ‘How do we then fund these ideas and concepts?’”<o:p></o:p></span></p><p><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>Since the Curiocity business model was unique in South Africa at the time, Dube struggled to convince risk-averse funders that it was a worthwhile investment.<o:p></o:p></span></p><p><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>“Funding instruments are very narrow-minded. They only want to fund mature products, brands, or markets that have already reached maturity. Raising capital for new markets in hospitality and travel was quite a challenge,” he elaborates.<o:p></o:p></span></p><p><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>Ultimately, the standout quality that attracted investors to Dube was his passion. The lessons he gained in his foundational years from his grandmother, such as hard work and showing up, as well as attracting the right investors with his passion, having the right mentors to guide him, and establishing a strong corporate governance structure within his team helped him overcome the initial stumbling blocks to establishing a growing business.<o:p></o:p></span></p><p><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>A decade later, Curiocity has grown to include seven hybrid hotels under its umbrella, including Curiocity Joburg and Green Point, along with five managed properties.<o:p></o:p></span></p><p><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>In Johannesburg, these properties include Fox Street Studios and The Urban Fox, while in Cape Town they feature Salts and Salty Cracks, and Farmhouse 58 in the Cradle of Humankind. All these spaces are centrally located and emphasise the Curiocity brand ethos of experiential stays.<o:p></o:p></span></p><p><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>Additionally, Dube and his team are set to open another branded hotel in Cape Town’s trendy hub Kloof Street in July 2024, along with their new head office, which is also located in Cape Town.<o:p></o:p></span></p><p><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>Central to Curiocity’s approach is a storytelling element that comes through guided tours, dynamic in-person and virtual experiences, as well as collaborations with creatives that are fused into the experiences and the spaces. Reflecting on that creative synergy, Dube mentioned a mural in the Green Point space, titled Far from Home.<o:p></o:p></span></p><p class=MsoNormal><span style='color:#1F497D;mso-fareast-language:EN-ZW'><img border=0 width=800 height=532 id="Picture_x0020_2" src="cid:image008.jpg@01DACB97.23741000" alt="Curiocity Green Point in Cape Town"></span><span style='color:#1F497D'><o:p></o:p></span></p><p class=MsoNormal><span style='color:#1F497D'>Curiocity Green Point in Cape Town<o:p></o:p></span></p><p><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>“If you look at the mural on the first side [of the property], we worked with a prominent South African artist, Atang Chikare. At face value, you’ll see beautiful artwork, but when you start to read between the lines, the parts you see on the facade represent the roads that lead us home since Curiocity is home to many global citizens that stay with us. It was fitting for such a prominent artist to create meaningful murals with us.”<o:p></o:p></span></p><p><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>“When you look at the work, you’ll see that it looks like a map of the London underground or the subway in the US. Different places that have different types of transport systems that connect them together from one neighbourhood to the other. It also looks like a neighbourhood itself. So it’s meant for people to feel like they’re in their own neighbourhood in some way or the other. And Curiocity being a place that is in both Joburg and Cape Town, it was a way to connect them as buildings where people come to feel at home when they are far from home,” Chikare, further commented on his work.<o:p></o:p></span></p><p><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>Believing that we are all descendants of African griot storytellers, writers, and poets, Dube’s calling is to connect South Africa and the African continent through experiences, using Curiocity as his vehicle. Thus, the storytelling in Curiocity’s spaces, reflected in the art, literature, and decor, represent the African experience.<o:p></o:p></span></p><p><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>“In some of our common areas and rooms, we source literature from Chimurenga in Woodstock. We could have gone to any bookstore, but we chose to highlight significant spaces and people within Cape Town, especially from the black perspective. When guests pick up a book, they might wonder where it’s from, and we tell them about Chimurenga, encouraging them to visit, buy souvenirs, or take part in their programmes. Even our furniture is sourced from local makers to make each Curiocity experience unique.”<o:p></o:p></span></p><p><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>Additionally, the brand recently collaborated with the 2024 International Public Art Festival hosted by BAZ-ART to host 20 artists in Cape Town. Dube’s team also participated in activating street art tours for the week-long event.<o:p></o:p></span></p><p><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>“These collaborations are key to Curiocity’s success. Any hotel can be a hotel, but our partnerships with local creatives and storytellers make us stand out. Curiocity is very experience-led, meaning guests don’t just stay in a hotel room; they immerse themselves in the neighbourhood, guided by local storytellers who share the narrative of the area and the country.”<o:p></o:p></span></p><p><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>The upcoming Curiocity Kloof Street will tell the story of its area through murals and artwork, with plans to collaborate with South African graffiti artist, Dekor One. It will feature a variety of room types, including deluxe suites, family units, female-only dorms, mixed dormitories, gender-neutral dorms, and single units, catering to a wide range of guests, from young travellers to executives.<o:p></o:p></span></p><p><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>The new space will also have communal areas, continuing Curiocity’s tradition of offering unique, experience-led stays.<o:p></o:p></span></p><p><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>Having experienced his own challenges connected to limited knowledge of the industry, he believes that tourism in South Africa has often been undervalued as a subject in the education system and aims to change that narrative by highlighting its potential for social change and entrepreneurship.<o:p></o:p></span></p><p><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>Looking ahead, Curiocity plans to expand within South Africa over the next five years, with the long-term goal of establishing spaces across the continent. Dube envisions Curiocity connecting key African cities, offering hospitality from Cape to Cairo and Morocco to Madagascar, partnering with like-minded entrepreneurs to unlock regional potential. Focus and strategic growth are crucial for Dube, aiming to position Curiocity as a robust and leading travel brand in Africa.<o:p></o:p></span></p><p><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>By emphasising storytelling and meaningful experiences, Curiocity has carved out a unique niche in the hospitality industry, driven by a vision of connecting people and places through the power of curiosity.<o:p></o:p></span></p><p><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:black'>As Curiocity’s philosophy states, “Every great journey begins with curiosity.”<o:p></o:p></span></p><p class=MsoNormal><span style='color:#1F497D;mso-fareast-language:EN-ZW'><img border=0 width=800 height=534 id="Picture_x0020_3" src="cid:image007.jpg@01DACB97.23741000" alt="https://cdn-ehepc.nitrocdn.com/irBzRYkBekzJBgZevpNPMGNeqdaqURgx/assets/images/optimized/rev-7c8afd5/hwmiia.fra1.digitaloceanspaces.com/wp-content/uploads/2024/06/28140308/Bheki-Dube-800x533-1.jpg"></span><span style='color:#1F497D'><o:p></o:p></span></p><p class=MsoNormal><span style='color:#1F497D'>Bheki Dube, founder of Curiocity. Photo by: Fortune Flank, bird story agency<o:p></o:p></span></p><p class=MsoNormal><span style='color:#1F497D'>Interview with Bheki Dube<br>FOUNDER AND CEO, CURIOCITY<o:p></o:p></span></p><p class=MsoNormal><span style='color:#1F497D'>Lives in: South Africa<o:p></o:p></span></p><p class=MsoNormal><span style='font-family:"Verdana",sans-serif;color:black'><o:p> </o:p></span></p><p style='mso-margin-top-alt:0cm;margin-right:0cm;margin-bottom:23.4pt;margin-left:0cm;background:white'><span style='font-size:11.0pt;font-family:"Verdana",sans-serif'>—Howwemadeitinafrica<span style='color:black'><o:p></o:p></span></span></p><p style='mso-margin-top-alt:0cm;margin-right:0cm;margin-bottom:23.4pt;margin-left:0cm;background:white'><span style='font-size:11.0pt;font-family:"Verdana",sans-serif;color:#1F497D'><o:p> </o:p></span></p></td><td width=6 style='width:4.4pt;padding:0cm 0cm 0cm 0cm;height:10.05pt'><p class=MsoNormal style='line-height:105%'><span lang=EN-US style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p></td></tr><tr style='height:10.05pt'><td width=6 style='width:4.4pt;padding:0cm 0cm 0cm 0cm;height:10.05pt'><p class=MsoNormal style='line-height:105%'><span lang=EN-US style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p></td></tr><tr style='height:10.05pt'><td width=6 style='width:4.4pt;padding:0cm 0cm 0cm 0cm;height:10.05pt'><p class=MsoNormal style='line-height:105%'><span lang=EN-US style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p></td></tr><tr style='height:10.05pt'><td width=990 valign=top style='width:742.8pt;border-top:none;border-left:solid white 1.0pt;border-bottom:none;border-right:solid white 1.0pt;padding:0cm 5.4pt 0cm 5.4pt;height:10.05pt'><p class=MsoNormal style='background:white'><span lang=X-NONE style='font-family:"Verdana",sans-serif;mso-fareast-language:EN-ZW'><o:p> </o:p></span></p><p class=MsoNormal style='background:white'><span lang=X-NONE style='font-family:"Verdana",sans-serif;mso-fareast-language:EN-ZW'> </span><i><span style='font-family:"Verdana",sans-serif;color:black;mso-fareast-language:EN-ZW'>Invest </span></i><span style='font-family:"Verdana",sans-serif;color:black;mso-fareast-language:EN-ZW'>Cellphone: +263 71 944 1674 | +27 79 993 5557 <o:p></o:p></span></p><p class=MsoNormal style='background:white'><span style='font-family:"Verdana",sans-serif;color:black;mso-fareast-language:EN-ZW'>Email: <a href="mailto:bulls@bullszimbabwe.com">bulls@bullszimbabwe.com</a><o:p></o:p></span></p><p class=MsoNormal style='background:white'><span style='font-family:"Verdana",sans-serif;color:black;mso-fareast-language:EN-ZW'>Website: <a href="http://www.bullszimbabwe.com">www.bullszimbabwe.com</a> <o:p></o:p></span></p><p class=MsoNormal style='background:white'><span style='font-family:"Verdana",sans-serif;color:black;mso-fareast-language:EN-ZW'>Blog: <a href="http://www.bullszimbabwe.com/blog">www.bullszimbabwe.com/blog</a><o:p></o:p></span></p><p class=MsoNormal style='background:white'><span style='font-family:"Verdana",sans-serif;color:black;mso-fareast-language:EN-ZW'>Twitter (X): @bullsbears2010<o:p></o:p></span></p><p class=MsoNormal style='background:white'><span style='font-family:"Verdana",sans-serif;color:black;mso-fareast-language:EN-ZW'>LinkedIn: Bulls n Bears Zimbabwe<o:p></o:p></span></p><p class=MsoNormal style='background:white'><span style='font-family:"Verdana",sans-serif;color:black;mso-fareast-language:EN-ZW'>Facebook: <a href="http://www.facebook.com/BullsBearsZimbabwe">www.facebook.com/BullsBearsZimbabwe</a><o:p></o:p></span></p><p class=MsoNormal><span style='font-family:"Verdana",sans-serif;color:black;mso-fareast-language:EN-ZW'>Skype: Bulls.Bears </span><span style='font-family:"Verdana",sans-serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p><p class=MsoNormal style='line-height:105%'><span style='font-family:"Verdana",sans-serif;mso-fareast-language:EN-ZW'><img border=0 width=278 height=110 id="_x0000_i1027" src="cid:image005.png@01D6FBBE.85AC06D0" alt="cid:image005.png@01D6FBBE.85AC06D0"></span><span lang=EN-US style='font-family:"Verdana",sans-serif;mso-fareast-language:EN-ZW'><o:p></o:p></span></p><p class=MsoNormal style='line-height:105%'><span lang=EN-US style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p><p class=MsoNormal style='mso-margin-top-alt:auto;margin-left:36.0pt;line-height:115%;background:white'><b><span style='font-family:"Verdana",sans-serif;mso-fareast-language:EN-ZW'><o:p> </o:p></span></b></p></td><td width=6 style='width:4.4pt;padding:0cm 0cm 0cm 0cm;height:10.05pt'><p class=MsoNormal style='line-height:105%'><span lang=EN-US style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p></td></tr><tr><td width=990 valign=top style='width:742.8pt;border-top:none;border-left:solid white 1.0pt;border-bottom:none;border-right:solid white 1.0pt;background:#1F497D;padding:0cm 5.4pt 0cm 5.4pt'><p class=MsoNormal style='line-height:105%'><i><span lang=EN-US style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></i></p></td><td width=6 style='width:4.4pt;padding:0cm 0cm 0cm 0cm'><p class=MsoNormal style='line-height:105%'><span lang=EN-US style='font-family:"Verdana",sans-serif'> <o:p></o:p></span></p></td></tr><tr><td width=990 valign=top style='width:742.8pt;border-top:none;border-left:solid white 1.0pt;border-bottom:none;border-right:solid white 1.0pt;background:#1F497D;padding:0cm 5.4pt 0cm 5.4pt'><p class=MsoNormal style='line-height:105%'><i><span lang=EN-US style='font-size:8.0pt;line-height:105%;font-family:"Verdana",sans-serif;color:white'>DISCLAIMER: This report has been prepared by Bulls ‘n Bears, a division of Faith Capital (Pvt) Ltd for general information purposes only and does not constitute an offer to sell or the solicitation of an offer to buy or subscribe for any securities. The information contained in this report has been compiled from sources believed to be reliable, but no representation or warranty is made or guarantee given as to its accuracy or completeness. All opinions expressed and recommendations made are subject to change without notice. Securities or financial instruments mentioned herein may not be suitable for all investors. Securities of emerging and mid-size growth companies typically involve a higher degree of risk and more volatility than the securities of more established companies. Neither Faith Capital nor any other member of Bulls ‘n Bears nor any other person, accepts any liability whatsoever for any loss howsoever arising from any use of this report or its contents or otherwise arising in connection therewith. Recipients of this report shall be solely responsible for making their own independent investigation into the business, financial condition and future prospects of any companies referred to in this report. Other Indices quoted herein are for guideline purposes only and sourced from third parties.</span></i><i><span lang=EN-US style='font-size:8.0pt;line-height:105%;font-family:"Verdana",sans-serif'><o:p></o:p></span></i></p></td><td width=6 style='width:4.4pt;padding:0cm 0cm 0cm 0cm'><p class=MsoNormal style='line-height:105%'><span lang=EN-US style='font-family:"Verdana",sans-serif'> <o:p></o:p></span></p></td></tr><tr><td width=990 valign=top style='width:742.8pt;border-top:none;border-left:solid white 1.0pt;border-bottom:none;border-right:solid white 1.0pt;background:#F2F2F2;padding:0cm 5.4pt 0cm 5.4pt'><p class=MsoNormal style='line-height:105%'><i><span lang=EN-GB style='font-size:8.0pt;line-height:105%;font-family:"Verdana",sans-serif'><o:p> </o:p></span></i></p></td><td width=6 style='width:4.4pt;padding:0cm 0cm 0cm 0cm'><p class=MsoNormal style='line-height:105%'><span lang=EN-US style='font-family:"Verdana",sans-serif'> <o:p></o:p></span></p></td></tr><tr><td width=990 valign=top style='width:742.8pt;border-top:none;border-left:solid white 1.0pt;border-bottom:none;border-right:solid white 1.0pt;background:#F2F2F2;padding:0cm 5.4pt 0cm 5.4pt'><p class=MsoNormal style='line-height:105%'><span lang=EN-US style='font-size:8.0pt;line-height:105%;font-family:"Verdana",sans-serif'>(c) 2024 Web: <a href="http://www.bullszimbabwe.com">www.bullszimbabwe.com</a> Email: <a href="mailto:bulls@bullszimbabwe.com">bulls@bullszimbabwe.com</a> Tel: +27 79 993 5557 | +263 71 944 1674<o:p></o:p></span></p></td><td width=6 style='width:4.4pt;padding:0cm 0cm 0cm 0cm'><p class=MsoNormal style='line-height:105%'><span lang=EN-US style='font-family:"Verdana",sans-serif'> <o:p></o:p></span></p></td></tr><tr><td width=990 valign=bottom style='width:742.8pt;border-top:none;border-left:solid white 1.0pt;border-bottom:none;border-right:solid white 1.0pt;background:#F2F2F2;padding:0cm 5.4pt 0cm 5.4pt'><p class=MsoNormal style='line-height:105%'><span lang=EN-US style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p></td><td width=6 style='width:4.4pt;padding:0cm 0cm 0cm 0cm'><p class=MsoNormal style='line-height:105%'><span lang=EN-US style='font-family:"Verdana",sans-serif'> <o:p></o:p></span></p></td></tr></table></div><p class=MsoNormal><span lang=EN-US style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p><p class=MsoNormal><span lang=EN-US style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p><p class=MsoNormal><span lang=EN-US style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p></div></body></html>