tag:blogger.com,1999:blog-36259742753614972192024-02-19T05:42:32.433+02:00Honorable Saviour Kasukuwere Minister of Youth Development, Indigenisation and EmpowermentThis is the official blog for the Honorable Saviour Kasukuwere,Zimbabwe Minister of Youth Development, Indigenisation and EmpowermentUnknownnoreply@blogger.comBlogger58125tag:blogger.com,1999:blog-3625974275361497219.post-39323250698374434762018-07-25T07:55:00.004+02:002012-04-21T20:35:01.719+02:00Welcome to the Official blog for the Honorable Saviour Kasukuwere, Zimbabwe Minister of Youth Development, Indigenisation and Empowerment<div class="separator" style="clear: both; text-align: center;">
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<span style="font-family: 'Microsoft Tai Le', sans-serif;">Welcome to the Official blog for the Honorable Saviour Kasukuwere, Minister of Youth Development, Indigenisation and Empowerment in Zimbabwe. </span><br />
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<span class="Apple-style-span" style="font-family: 'Microsoft Tai Le', sans-serif;">I look forward to sharing with you developments in our efforts to build capacity and economically empower our youths and countrymen through indigenisation. </span><span class="Apple-style-span" style="font-family: 'Microsoft Tai Le', sans-serif;">Feel free to share your views by commenting on the posts on this blog. </span><span class="Apple-style-span" style="font-family: 'Microsoft Tai Le', sans-serif;">Together, we will make a better Zimbabwe! </span><br />
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<span class="Apple-style-span" style="font-family: 'Microsoft Tai Le', sans-serif;">There is no going back.We are going to empower our people .Economic apartheid is over.</span><br />
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<span style="font-family: 'Microsoft Tai Le', sans-serif;">Honorable Saviour Kasukuwere (M.P)<o:p></o:p></span></div>
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<span style="font-family: 'Microsoft Tai Le', sans-serif;">Zimbabwe Minister of Youth, Indigenisation and Empowerment</span></div>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-3625974275361497219.post-71704982305628359052012-10-04T18:59:00.000+02:002012-10-04T18:59:33.646+02:00PRESS STATEMENT BY HONOURABLE S. KASUKUWERE: APPOINTMENT OF THE NEW NATIONAL INDIGENISATION AND ECONOMIC EMPOWERMENT BOARD.<br />
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PRESS STATEMENT <br />
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BY<br />
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Honourable S. Kasukuwere (MP)<br />
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Minister of Youth Development, Indigenisation and Empowerment<br />
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APPOINTMENT OF THE NATIONAL INDIGENISATION AND ECONOMIC EMPOWERMENT BOARD<br />
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The public and all other stakeholders are hereby advised that the Minister of Youth Development, Indigenisation and Empowerment has, in terms of section 7 (1) of the Indigenisation and Economic Empowerment Act [Chapter 14:33} appointed new members of the National Indigenisation and Economic Empowerment Board with immediate effect. <br />
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The following are the members of the new Board:<br />
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Lt.-General (Rtd) Nyambuya Chairman<br />
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Mr. G. Magosvongwe Acting Secretary for Youth Development, Indigenisation & Empowerment.<br />
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Dr. E. Gwaradzimba Dean of Students at Africa University. Member of the outgoing Board.<br />
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Mr I. M. Hamandishe<br />
<span class="Apple-tab-span" style="white-space: pre;"> </span>Young Entrepreneur<br />
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Mr. T. Mungoni National Research & Advocacy Officer of the National Association of Societies for the Care of the Disabled (NASCOH).<br />
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Mr. F. Mutamangira. <span class="Apple-tab-span" style="white-space: pre;"> </span>Legal Practitioner. Member of the outgoing Board.<br />
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Dr J. T. Chipika Economics Lecturer<br />
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Mr. B. Muchemwa Economic Consultant and Founder and Chief Executive Officer of Oxlink Capital (Pvt) Ltd.<br />
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Mr A. Molai Founder and Chairman of Savanna Tobacco Company. Member of the outgoing Board.<br />
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Mrs T. Nkomo Bulawayo Businesswoman.<br />
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Mrs. F. E. Ziumbe Legal Practitioner and Senior Partner.<br />
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Dr Charity Manyeruke Acting Chairperson and lecturer for the Department of Political and Administrative Studies at the University of Zimbabwe.<br />
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Mr. P. Mupazviriho Secretary for Mines and Mining Development. Member of the outgoing Board.<br />
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Mrs. E. Ndhlovu Secretary for Small and Medium Enterprise and Cooperative Development.<br />
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Mrs. A. Shonhiwa. Secretary for Industry and Commerce.<br />
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Alternates<br />
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Mr. G. H. Sigobodhla<span class="Apple-tab-span" style="white-space: pre;"> </span> Director of Indigenisation and Empowerment.<br />
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Mr. Clement Phiri Legal Practitioner<br />
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The new board will be expected to, among other things:<br />
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Ensure that all qualifying business comply with the indigenisation and economic empowerment legislation.<br />
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Complete the development of the National Empowerment Policy Framework.<br />
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Implement empowerment programmes across the country.<br />
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Carry out awareness programmes on the National Indigenisation and Economic Empowerment programme.<br />
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May I take this opportunity to wish the new Board all the success in their new appointment.<br />
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Honourable S. Kasukuwere (MP)<br />
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Minister of Youth Development,<br />
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Indigenisation and Empowerment<br />
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4 October 2012<br />
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Emilia rkmhttp://www.blogger.com/profile/04324241412489879685noreply@blogger.comtag:blogger.com,1999:blog-3625974275361497219.post-71337680715763477642012-07-05T15:40:00.000+02:002012-07-05T15:40:45.849+02:00ADDRESS BY THE MINISTER OF YOUTH DEVELOPMENT, INDIGENISATION AND EMPOWERMENT - ZIMBABWE HONOURABLE SAVIOUR KASUKUWERE (MP) AT THE 2ND MINISTERS OF YOUTH - YOUTH WORLD FORUM: BUSAN METROPOLITAN CITY: REPUBLIC OF KOREA. <table align="center" cellpadding="0" cellspacing="0" class="tr-caption-container" style="float: left; margin-right: 1em; text-align: left;"><tbody>
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<tr><td class="tr-caption" style="text-align: center;">Honourable S. Kasukuwere- South Korea<br />
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<span lang="EN-ZW" style="font-family: "Times New Roman", "serif"; line-height: 200%;">Your Excellency, the Chairperson of the World Youth Forum</span><br />
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<span lang="EN-ZW" style="font-family: "Times New Roman", "serif"; line-height: 200%;"></span><span lang="EN-ZW" style="font-family: "Times New Roman", "serif"; line-height: 200%;"></span><span lang="EN-ZW" style="font-family: "Times New Roman", "serif"; line-height: 200%;">I wish to begin by expressing my gratitude to the hosts who invited us and to thank you for the hospitality your country has shown us this far. Thank you very much.</span><span lang="EN-ZW" style="font-family: "Times New Roman", "serif"; line-height: 200%;"></span></div>
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<span lang="EN-ZW" style="font-family: "Times New Roman", "serif"; line-height: 200%;">Ladies and gentlemen, it is my honour and pleasure to address this gathering of <span style="mso-spacerun: yes;"> </span>World Ministers responsible for youth development at a very critical juncture in the development of our youth globally. </span></div>
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<span lang="EN-ZW" style="font-family: "Times New Roman", "serif"; line-height: 200%;">This meeting which is being held under the theme, ‘<strong>Aimlessly drifting youths: their minds and Actions’</strong>, comes at a time when many countries in the world are still trying to recover from an economic recession whose effects will surely be felt beyond this year. <span style="mso-spacerun: yes;"> </span>At the same time the world has witnessed collective youth action in direct response to mounting economic and political pressures wherein they are the greatest number of victims. The message is clear – there is need for decisive and courageous leadership to address the issues head on. Leadership that continues to exclude the youth from participating and driving the civic, social and economic agenda’s of our nations can only do so at their own peril.</span></div>
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<span lang="EN-ZW" style="font-family: "Times New Roman", "serif"; line-height: 200%;">Unless measures are taken to meaningfully empower youth to take central role in the socio-economic development of their countries, they may be a source of social, economic and political instability. Our government views young people as an asset for national development and national cohesion as opposed to an expense or a liability. This perception of young people as an asset is a result of the role played by the Zimbabwean youth of 1960 to 1979 who liberated our country <span style="mso-spacerun: yes;"> </span>through a protracted armed struggle were young people sacrificed all for the independence of our motherland hence the enormous respect accorded to the youth in my country today.</span></div>
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<span lang="EN-ZW" style="font-family: "Times New Roman", "serif"; line-height: 200%;">The Government has therefore created a specific Ministry responsible for youth development in Zimbabwe whose broad mandate is to spearhead the formulation and implementation of youth development policies that strive to empower the youth to be self employed and to support their families while at the same time building our country. </span></div>
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<span lang="EN-ZW" style="font-family: "Times New Roman", "serif"; line-height: 200%;">The life blood of any country’s development lies in the participation of the youth which in itself underscores the essence of youth development. Youth participation must necessarily be cross cutting covering participation.</span></div>
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<span lang="EN-ZW" style="font-family: "Times New Roman", "serif"; line-height: 200%;">Zimbabwe has gone further to expose our youth to participation at regional and international levels through the government sponsored participation to the World Assembly for Youth (WAY) which is based in Melaka Malaysia. My country held the position of Secretary General to that body for eight years.</span></div>
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<span lang="EN-ZW" style="font-family: "Times New Roman", "serif"; line-height: 200%;">Our youth also participate at the African Union level through the Pan African Youth Union, (PYU), where our young Zimbabwean youth ambassador is the incumbent Deputy Secretary General, linking back to the youth in Zimbabwe through the National Youth Council.</span></div>
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<span lang="EN-ZW" style="font-family: "Times New Roman", "serif"; line-height: 200%;">Our national youth platform for the representation and participation of our youths, the Zimbabwe Youth Council, has membership of over 400 youth organisations and is entirely led by young people below the age of 35 in compliance with our National Youth Policy and the African Youth Charter. It is a platform for cross cutting participation and representation by the youth from diverse backgrounds. Government will steadily increase its support to this youth body as our economy continues to recover.</span></div>
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<span lang="EN-ZW" style="font-family: "Times New Roman", "serif"; line-height: 200%;">Zimbabwe respects its international commitments to the development of young people. This is evidenced by the ratification and implementation of the African Youth Charter which is a continental instrument that provides for youth development and participation. My country therefore takes opportunity to review its progress vis a vis other countries in the implementation of these instruments by participating in regional and international forums relating to the youth. Zimbabwe therefore participated in the World Youth Forum in Mexico in August 2010 as well as the United Nations High Level Meeting on Youth held in New York in 2011. Our Head of State also participated, with the full support of the youth, at the African Union Summit on Youth held in Malabo Equatorial Guinea in July 2011. </span></div>
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<span lang="EN-ZW" style="font-family: "Times New Roman", "serif"; line-height: 200%;">The Government of Zimbabwe has made an unambiguous commitment to indigenise the economy. In the process of indigenisation we have acquired shares on behalf of the youth in some companies, which shares have allowed us to create more financial resources for young people’s businesses. The youth are thus part our primary beneficiaries of indigenisation, both young men and women.</span></div>
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<span lang="EN-ZW" style="font-family: "Times New Roman", "serif"; line-height: 200%;">Youth Leadership Development is yet another priority of our government. One of the programmes for youth leadership development in my country is the Junior Parliament programme being implemented by my Ministry through the Zimbabwe Youth Council. This programme targets essentially youth in high schools where they are exposed and given an opportunity to freely and constructively debate, deliberate and make recommendations directly to policy makers through a parliamentary approach. This allows our young people to critic society and government in a constructive and open manner. Further, the young people who participate in this programme are also involved in various community based projects in the constituencies they represent. In this way our young people are kept active and urged to put their energies towards noble activities that immensely benefit their communities and the country at large.</span></div>
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<span lang="EN-ZW" style="font-family: "Times New Roman", "serif"; line-height: 200%;">Skills Development is yet another priority in our National Youth Policy. My country has established at least 45 Vocational Training Centres for training young people on life skills. The Vocational Training Centres are a hub of the Integrated Skills Outreach Programme which reaches out to communities imparting livelihood skills to the youth. Zimbabwe boasts of a highly literate young generation that in our continent is second to none according to the UNDP Africa office. As a result of our skills development programmes, Zimbabwe managed to export its skilled young people to Southern African countries like South Africa, Zambia and Botswana and even to European and Asia over the past years. This goes to show how skilled and versatile the young people of Zimbabwe are. This has been made possible by various empowering initiatives of the government of Zimbabwe for its young people.</span></div>
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<span lang="EN-ZW" style="font-family: "Times New Roman", "serif"; line-height: 200%;">Youth development cannot be complete without the component of economic empowerment of the youth. Zimbabwe is currently implementing the indigenisation and empowerment programme and the starting point has been youth led projects. More and more economic empowerment initiatives for young people are being brokered through public and private partnerships and this has witnessed structural, financial and material support being provided to young entrepreneurs. Zimbabwean young people are fast moving from employment seekers to employment creators through these initiatives.</span></div>
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<span lang="EN-ZW" style="font-family: "Times New Roman", "serif"; line-height: 200%;">Lastly for young people to effectively contribute, participate and own development in any country there is need for systems to be put in place to ensure they fully contribute to same. Zimbabwe has developed the National Youth Service which is a programme designed to built a sense of patriotism, direction and democracy in our youths.</span></div>
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<span lang="EN-ZW" style="font-family: "Times New Roman", "serif"; line-height: 200%;">Mr Chair as I round up, let me underscore the point that the youth possess vast resources of energy and this energy must be tapped and put to good use for the development of all our countries. </span></div>
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<span lang="EN-ZW" style="font-family: "Times New Roman", "serif"; line-height: 200%;">The challenges facing our youth are not entirely varied across our borders though our approaches to addressing them may differ from country to country. Let us therefore use platforms such as this one to share our experiences and to exchange information as we seek to promote the development of our young people.</span></div>
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<span lang="EN-ZW" style="font-family: "Times New Roman", "serif"; line-height: 200%;">The future vests in our young people.</span></div>
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<span lang="EN-ZW" style="font-family: "Times New Roman", "serif"; line-height: 200%;">I thank you. </span></div>
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</div>Emilia rkmhttp://www.blogger.com/profile/04324241412489879685noreply@blogger.comtag:blogger.com,1999:blog-3625974275361497219.post-52597496904153531862012-07-04T17:20:00.000+02:002012-07-04T17:20:13.284+02:00Indigenisation and Economic Empowerment Sector Specific Frameworks: G.N. 280 of 2012 Gazette<span lang="EN-GB" style="font-family: "Times New Roman", "serif";"><span style="font-family: "Tahoma", "sans-serif"; font-size: 12pt; mso-ansi-language: EN-US; mso-bidi-font-family: "Times New Roman"; mso-bidi-language: AR-SA; mso-fareast-font-family: "Times New Roman"; mso-fareast-language: EN-US; mso-no-proof: yes;"><shapetype coordsize="21600,21600" filled="f" id="_x0000_t75" o:preferrelative="t" o:spt="75" path="m@4@5l@4@11@9@11@9@5xe" stroked="f"><em></em></shapetype></span></span> <div class="lrnormal" style="margin: 0in 0in 4pt; mso-pagination: widow-orphan;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif";">Having gazetted the first 2 Sector frameworks for compliance with Indigenisation and Empowerment in 2011 on Mining and Manufacturing, the Government of Zimbabwe has gone a step further to gazette for the remaining sectors which are Finance, Tourism, Education and Sport, Arts, Entertainment and Culture, Engineering and Construction, Energy, Services, Telecommunications, Transport and Motor Industry Sectors. Below are the set thresholds for compliance in the aforementioned Sectors.</span></div>
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<span lang="EN-GB" style="font-family: "Times New Roman", "serif";">General Notice 280 of 2012.</span></div>
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<strong><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 11pt; mso-bidi-font-size: 10.0pt;">I</span><span lang="EN-GB" style="font-family: "Times New Roman", "serif";"><span style="font-size: x-small;">NDIGENISATION AND</span></span><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 11pt; mso-bidi-font-size: 10.0pt;"> E</span><span lang="EN-GB" style="font-family: "Times New Roman", "serif";"><span style="font-size: x-small;">CONOMIC</span></span><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 11pt; mso-bidi-font-size: 10.0pt;"> E</span><span lang="EN-GB" style="font-family: "Times New Roman", "serif";"><span style="font-size: x-small;">MPOWERMENT</span></span><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 11pt; mso-bidi-font-size: 10.0pt;"> A</span><span lang="EN-GB" style="font-family: "Times New Roman", "serif";"><span style="font-size: x-small;">CT</span></span><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 11pt; mso-bidi-font-size: 10.0pt;"> [<i style="mso-bidi-font-style: normal;">Chapter 14:33</i>]</span></strong></div>
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<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 11pt; mso-bidi-font-size: 10.0pt;">Net Asset Value, Lesser Share and Maximum Period for Businesses to Indigenise in the Finance, Tourism, Education and Sport, Arts, Entertainment and Culture, Engineering and Construction, Energy, Services, Telecommunications, Transport and Motor Industry </span></div>
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<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 11pt; mso-bidi-font-size: 10.0pt;">Sectors.</span></div>
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<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 11pt; mso-bidi-font-size: 10.0pt;">___________________</span></div>
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<span lang="EN-GB" style="font-family: "Times New Roman", "serif";">IT is hereby notified that the Minister of Youth Development, Indigenisation and Empowerment has, in terms of section 5(4) as read with section 5A(4) of the Indigenisation and Economic Empowerment (General) Regulations, 2010 (“the principal regulations”), prescribed with respect to theFinance, Tourism, Education and Sport, Arts, Entertainment and Culture, Engineering and Construction, Energy, Services, Telecommunications, Transport and Motor Industry Sectors the—</span></div>
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<span lang="EN-GB" style="font-family: "Times New Roman", "serif";"><span style="mso-list: Ignore;">(a)<span style="font: 7pt "Times New Roman";"> </span></span></span><span lang="EN-GB" style="font-family: "Times New Roman", "serif";">appropriate minimum net asset value above which a business is required to comply with the principal regulations;<span style="mso-spacerun: yes;"> </span>and</span></div>
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<span lang="EN-GB" style="font-family: "Times New Roman", "serif";"><span style="mso-list: Ignore;">(b)<span style="font: 7pt "Times New Roman";"> </span></span></span><span lang="EN-GB" style="font-family: "Times New Roman", "serif";">lesser share than the minimum indigenisation and empowerment quota that indigenous Zimbabweans may hold;<span style="mso-spacerun: yes;"> </span>and</span></div>
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<span lang="EN-GB" style="font-family: "Times New Roman", "serif";"><span style="mso-list: Ignore;">(c)<span style="font: 7pt "Times New Roman";"> </span></span></span><span lang="EN-GB" style="font-family: "Times New Roman", "serif";">maximum period a business may continue to operate before it attains the minimum indigenisation and empowerment quota;</span></div>
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<span lang="EN-GB" style="font-family: "Times New Roman", "serif";">as indicated in the Schedule.</span></div>
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<span lang="EN-GB" style="font-family: "Times New Roman", "serif";">G. MAGOSVONGWE</span></div>
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<span lang="EN-GB" style="font-family: "Times New Roman", "serif";">Acting Secretary for Youth Development, Indigenisation and Empowerment</span></div>
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<span lang="EN-GB" style="font-family: "Times New Roman", "serif";">S</span><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 8pt; mso-bidi-font-size: 10.0pt;">CHEDULE</span><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;"></span></div>
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<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">P</span><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 8pt; mso-bidi-font-size: 10.0pt;">ART</span><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;"> I</span></div>
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<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">F</span><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 8pt; mso-bidi-font-size: 10.0pt;">INANCE</span><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">S</span><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 8pt; mso-bidi-font-size: 10.0pt;">ECTOR</span></div>
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<b style="mso-bidi-font-weight: normal;"><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Sub-sector</span></b></div>
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<b style="mso-bidi-font-weight: normal;"><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Minimum net asset value</span></b></div>
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<b style="mso-bidi-font-weight: normal;"><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">US$</span></b></div>
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<b style="mso-bidi-font-weight: normal;"><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Lesser share for non-indigenous businesses</span></b></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: windowtext 1pt solid; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 117.9pt;" valign="top" width="157"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<b style="mso-bidi-font-weight: normal;"><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Years to comply</span></b></div>
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<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">All financial institutions</span></div>
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<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">As per minimum capital prescribed by the Reserve Bank of Zimbabwe</span></div>
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<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">51%</span></div>
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<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1<sup>st</sup> year=51%</span></div>
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<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">P</span><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 8pt; mso-bidi-font-size: 10.0pt;">ART</span><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;"> II</span></div>
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<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">T</span><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 8pt; mso-bidi-font-size: 10.0pt;">OURISM</span><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;"></span></div>
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<b style="mso-bidi-font-weight: normal;"><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Sub-sector</span></b></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: windowtext 1pt solid; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<b style="mso-bidi-font-weight: normal;"><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Minimum net asset value</span></b></div>
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<b style="mso-bidi-font-weight: normal;"><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">US$</span></b></div>
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<b style="mso-bidi-font-weight: normal;"><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Lesser share for non-indigenous businesses</span></b></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: windowtext 1pt solid; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<b style="mso-bidi-font-weight: normal;"><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Years to comply</span></b></div>
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<tr style="mso-yfti-irow: 1;"><td colspan="4" style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 6.65in;" valign="top" width="638"><div align="left" class="lrsection" style="margin: 0in 0in 4pt; text-align: left; text-indent: 0in;">
<i style="mso-bidi-font-style: normal;"><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Accommodation (Hotels according to stars and value)—</span></i></div>
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<tr style="mso-yfti-irow: 2;"><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="left" class="lrsection" style="margin: 0in 0in 4pt; text-align: left; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1 star</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">2 500 000,00</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">51%</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1<sup>st</sup> year=51%</span></div>
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<tr style="mso-yfti-irow: 3;"><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="left" class="lrsection" style="margin: 0in 0in 4pt; text-align: left; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">2 star</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">5 000 000,00</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">51%</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1<sup>st</sup> year=51%</span></div>
</td></tr>
<tr style="mso-yfti-irow: 4;"><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="left" class="lrsection" style="margin: 0in 0in 4pt; text-align: left; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">3 star</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">7 500 000,00</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">51%</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1<sup>st</sup>year=51%</span></div>
</td></tr>
<tr style="mso-yfti-irow: 5;"><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="left" class="lrsection" style="margin: 0in 0in 4pt; text-align: left; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">4 star</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">7 500 000,00</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">51%</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1<sup>st</sup>year=51%</span></div>
</td></tr>
<tr style="mso-yfti-irow: 6;"><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="left" class="lrsection" style="margin: 0in 0in 4pt; text-align: left; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">5star</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">10 000 000,00</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">51%</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1<sup>st</sup>year=51%</span></div>
</td></tr>
<tr style="mso-yfti-irow: 7;"><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="left" class="lrsection" style="margin: 0in 0in 4pt; text-align: left; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Boats/Cruisers/Yachts</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">500 000,00</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">51%</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1<sup>st</sup> year=51%</span></div>
</td></tr>
<tr style="mso-yfti-irow: 8;"><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="left" class="lrsection" style="margin: 0in 0in 4pt; text-align: left; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Motor Coaches (MC0)</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">500 000,00</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">51%</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1<sup>st</sup> year=51%</span></div>
</td></tr>
<tr style="mso-yfti-irow: 9;"><td colspan="4" style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 6.65in;" valign="top" width="638"><div align="left" class="lrsection" style="margin: 0in 0in 4pt; text-align: left; text-indent: 0in;">
<i style="mso-bidi-font-style: normal;"><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Tourist Activities—</span></i></div>
</td></tr>
<tr style="mso-yfti-irow: 10;"><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="left" class="lrsection" style="margin: 0in 0in 4pt; text-align: left; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Hunting safari’s or operators</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1,00</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">51%</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1<sup>st</sup> year=51%</span></div>
</td></tr>
<tr style="mso-yfti-irow: 11;"><td colspan="4" style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 6.65in;" valign="top" width="638"><div align="left" class="lrsection" style="margin: 0in 0in 4pt; text-align: left; text-indent: 0in;">
<i style="mso-bidi-font-style: normal;"><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Tour Operators(Reserved for indigenous Zimbabweans)—</span></i></div>
</td></tr>
<tr style="mso-yfti-irow: 12;"><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="left" class="lrsection" style="margin: 0in 0in 4pt; text-align: left; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Photographic and other non-consumptive safari operators</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">100 000,00</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">51%</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1<sup>st</sup>year=51%</span></div>
</td></tr>
<tr style="mso-yfti-irow: 13;"><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="left" class="lrsection" style="margin: 0in 0in 4pt; text-align: left; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Fishing safaris</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">100 000,00</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">51%</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1<sup>st</sup>year=51%</span></div>
</td></tr>
<tr style="mso-yfti-irow: 14;"><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="left" class="lrsection" style="margin: 0in 0in 4pt; text-align: left; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Visitors activities (including canoeing, rafting, cruising, bungee jumping, horse riding and golf IVAC)</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">100 000,00</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">51%</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1<sup>st</sup>year=51%</span></div>
</td></tr>
<tr style="mso-yfti-irow: 15;"><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="left" class="lrsection" style="margin: 0in 0in 4pt; text-align: left; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Visitors attractions including game parks, farms, sanctuaries, at galleries and cultural villages (VAT)</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">100,00</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">51%</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1<sup>st</sup> year=51%</span></div>
</td></tr>
<tr style="mso-yfti-irow: 16; mso-yfti-lastrow: yes;"><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="left" class="lrsection" style="margin: 0in 0in 4pt; text-align: left; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">External Tours</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">500 000,00</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">51%</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1<sup>st</sup>year=51%</span></div>
</td></tr>
</tbody></table>
<br />
<div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center;">
<br /></div>
<div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">P</span><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 8pt; mso-bidi-font-size: 10.0pt;">ART</span><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;"> III</span></div>
<div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">E</span><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 8pt; mso-bidi-font-size: 10.0pt;">DUCATION AND </span><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">S</span><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 8pt; mso-bidi-font-size: 10.0pt;">PORT</span><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;"></span></div>
<br />
<table border="1" cellpadding="0" cellspacing="0" class="MsoTableGrid" style="border-bottom: medium none; border-collapse: collapse; border-left: medium none; border-right: medium none; border-top: medium none; mso-border-alt: solid windowtext .5pt; mso-padding-alt: 0in 5.4pt 0in 5.4pt; mso-yfti-tbllook: 1184;"><tbody>
<tr style="mso-yfti-firstrow: yes; mso-yfti-irow: 0;"><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: windowtext 1pt solid; mso-border-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<b style="mso-bidi-font-weight: normal;"><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Sub-sector</span></b></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: windowtext 1pt solid; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<b style="mso-bidi-font-weight: normal;"><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Minimum net asset value</span></b></div>
<div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<b style="mso-bidi-font-weight: normal;"><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">US$</span></b></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: windowtext 1pt solid; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<b style="mso-bidi-font-weight: normal;"><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Lesser share for non-indigenous businesses</span></b></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: windowtext 1pt solid; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<b style="mso-bidi-font-weight: normal;"><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Years to comply</span></b></div>
</td></tr>
<tr style="mso-yfti-irow: 1;"><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="left" class="lrsection" style="margin: 0in 0in 4pt; text-align: left; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Pre-schools</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1,00</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">51%</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1<sup>st</sup> year=51%</span></div>
</td></tr>
<tr style="mso-yfti-irow: 2;"><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="left" class="lrsection" style="margin: 0in 0in 4pt; text-align: left; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Primary Schools</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1,00</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">51%</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1<sup>st</sup>year=51%</span></div>
</td></tr>
<tr style="mso-yfti-irow: 3;"><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="left" class="lrsection" style="margin: 0in 0in 4pt; text-align: left; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Secondary Schools</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1,00</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">51%</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1<sup>st</sup>year=51%</span></div>
</td></tr>
<tr style="mso-yfti-irow: 4;"><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="left" class="lrsection" style="margin: 0in 0in 4pt; text-align: left; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Private Colleges</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1,00</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">51%</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1<sup>st</sup>year=51%</span></div>
</td></tr>
<tr style="mso-yfti-irow: 5;"><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="left" class="lrsection" style="margin: 0in 0in 4pt; text-align: left; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Universities</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1,00</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">51%</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1<sup>st</sup>year=51%</span></div>
</td></tr>
<tr style="mso-yfti-irow: 6; mso-yfti-lastrow: yes;"><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="left" class="lrsection" style="margin: 0in 0in 4pt; text-align: left; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Sport entities, social clubs and sport associations</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1,00</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">51%</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1<sup>st</sup>year=51%</span></div>
</td></tr>
</tbody></table>
<br />
<div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center;">
<br /></div>
<div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">P</span><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 8pt; mso-bidi-font-size: 10.0pt;">ART</span><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;"> IV</span></div>
<div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">A</span><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 8pt; mso-bidi-font-size: 10.0pt;">RTS</span><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">, E</span><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 8pt; mso-bidi-font-size: 10.0pt;">NTERTAINMENT AND </span><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">C</span><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 8pt; mso-bidi-font-size: 10.0pt;">ULTURE</span><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;"></span></div>
<br />
<table border="1" cellpadding="0" cellspacing="0" class="MsoTableGrid" style="border-bottom: medium none; border-collapse: collapse; border-left: medium none; border-right: medium none; border-top: medium none; mso-border-alt: solid windowtext .5pt; mso-padding-alt: 0in 5.4pt 0in 5.4pt; mso-yfti-tbllook: 1184;"><tbody>
<tr style="mso-yfti-firstrow: yes; mso-yfti-irow: 0;"><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: windowtext 1pt solid; mso-border-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<b style="mso-bidi-font-weight: normal;"><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Sub-sector</span></b></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: windowtext 1pt solid; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<b style="mso-bidi-font-weight: normal;"><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Minimum net asset value</span></b></div>
<div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<b style="mso-bidi-font-weight: normal;"><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">US$</span></b></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: windowtext 1pt solid; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<b style="mso-bidi-font-weight: normal;"><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Lesser share for non-indigenous businesses</span></b></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: windowtext 1pt solid; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<b style="mso-bidi-font-weight: normal;"><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Years to comply</span></b></div>
</td></tr>
<tr style="mso-yfti-irow: 1;"><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="left" class="lrsection" style="margin: 0in 0in 4pt; text-align: left; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Performing Arts, Theatre, Music and Dance </span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1 000 000,00</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">51%</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1<sup>st</sup> year=51%</span></div>
</td></tr>
<tr style="mso-yfti-irow: 2;"><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="left" class="lrsection" style="margin: 0in 0in 4pt; text-align: left; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Entertainment Film</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">10 000,00</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">51%</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1<sup>st</sup>year=51%</span></div>
</td></tr>
<tr style="mso-yfti-irow: 3;"><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="left" class="lrsection" style="margin: 0in 0in 4pt; text-align: left; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Entertainment Television</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1,00</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">51%</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1<sup>st</sup>year=51%</span></div>
</td></tr>
<tr style="mso-yfti-irow: 4;"><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="left" class="lrsection" style="margin: 0in 0in 4pt; text-align: left; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Entertainment Radio</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1,00</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">51%</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1<sup>st</sup>year=51%</span></div>
</td></tr>
<tr style="mso-yfti-irow: 5; mso-yfti-lastrow: yes;"><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="left" class="lrsection" style="margin: 0in 0in 4pt; text-align: left; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Visual arts and craft</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1,00</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">51%</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1<sup>st</sup>year=51%</span></div>
</td></tr>
</tbody></table>
<br />
<div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<br /></div>
<div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">P</span><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 8pt; mso-bidi-font-size: 10.0pt;">ART</span><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;"> V</span></div>
<div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">E</span><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 8pt; mso-bidi-font-size: 10.0pt;">NGINEERING AND </span><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">C</span><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 8pt; mso-bidi-font-size: 10.0pt;">ONSTRUCTION</span><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;"></span></div>
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<table border="1" cellpadding="0" cellspacing="0" class="MsoTableGrid" style="border-bottom: medium none; border-collapse: collapse; border-left: medium none; border-right: medium none; border-top: medium none; mso-border-alt: solid windowtext .5pt; mso-padding-alt: 0in 5.4pt 0in 5.4pt; mso-yfti-tbllook: 1184;"><tbody>
<tr style="mso-yfti-firstrow: yes; mso-yfti-irow: 0;"><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: windowtext 1pt solid; mso-border-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<b style="mso-bidi-font-weight: normal;"><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Sub-sector</span></b></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: windowtext 1pt solid; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<b style="mso-bidi-font-weight: normal;"><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Minimum net asset value</span></b></div>
<div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<b style="mso-bidi-font-weight: normal;"><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">US$</span></b></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: windowtext 1pt solid; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<b style="mso-bidi-font-weight: normal;"><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Lesser share for non-indigenous businesses</span></b></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: windowtext 1pt solid; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<b style="mso-bidi-font-weight: normal;"><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Years to comply</span></b></div>
</td></tr>
<tr style="mso-yfti-irow: 1;"><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="left" class="lrsection" style="margin: 0in 0in 4pt; text-align: left; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Consulting Engineers</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1,00</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">51%</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1<sup>st</sup> year=51%</span></div>
</td></tr>
<tr style="mso-yfti-irow: 2;"><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="left" class="lrsection" style="margin: 0in 0in 4pt; text-align: left; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Building Contractors</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1,00</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">51%</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1<sup>st</sup> year=51%</span></div>
</td></tr>
<tr style="mso-yfti-irow: 3;"><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="left" class="lrsection" style="margin: 0in 0in 4pt; text-align: left; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Civil Engineering</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1,00</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">51%</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1<sup>st</sup> year=51%</span></div>
</td></tr>
<tr style="mso-yfti-irow: 4;"><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="left" class="lrsection" style="margin: 0in 0in 4pt; text-align: left; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Electrical and Mechanical Engineering</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1,00</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">51%</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1<sup>st</sup> year=51%</span></div>
</td></tr>
<tr style="mso-yfti-irow: 5;"><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="left" class="lrsection" style="margin: 0in 0in 4pt; text-align: left; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Material, Plant Hire and Equipment Supplies</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1,00</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">51%</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1<sup>st</sup>year=51%</span></div>
</td></tr>
<tr style="mso-yfti-irow: 6;"><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="left" class="lrsection" style="margin: 0in 0in 4pt; text-align: left; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Joinery and shop fitting</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1,00</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">51%</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1<sup>st</sup>year=51%</span></div>
</td></tr>
<tr style="mso-yfti-irow: 7; mso-yfti-lastrow: yes;"><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="left" class="lrsection" style="margin: 0in 0in 4pt; text-align: left; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Plumbing</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1,00</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">51%</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1<sup>st</sup>year=51%</span></div>
</td></tr>
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<div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">P</span><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 8pt; mso-bidi-font-size: 10.0pt;">ART</span><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;"> VI</span></div>
<div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">E</span><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 8pt; mso-bidi-font-size: 10.0pt;">NERGY</span><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;"></span></div>
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<table border="1" cellpadding="0" cellspacing="0" class="MsoTableGrid" style="border-bottom: medium none; border-collapse: collapse; border-left: medium none; border-right: medium none; border-top: medium none; mso-border-alt: solid windowtext .5pt; mso-padding-alt: 0in 5.4pt 0in 5.4pt; mso-yfti-tbllook: 1184;"><tbody>
<tr style="mso-yfti-firstrow: yes; mso-yfti-irow: 0;"><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: windowtext 1pt solid; mso-border-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<b style="mso-bidi-font-weight: normal;"><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Sub-sector</span></b></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: windowtext 1pt solid; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<b style="mso-bidi-font-weight: normal;"><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Minimum net asset value</span></b></div>
<div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<b style="mso-bidi-font-weight: normal;"><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">US$</span></b></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: windowtext 1pt solid; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<b style="mso-bidi-font-weight: normal;"><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Lesser share for non-indigenous businesses</span></b></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: windowtext 1pt solid; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<b style="mso-bidi-font-weight: normal;"><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Years to comply</span></b></div>
</td></tr>
<tr style="mso-yfti-irow: 1;"><td colspan="4" style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 6.65in;" valign="top" width="638"><div align="left" class="lrsection" style="margin: 0in 0in 4pt; text-align: left; text-indent: 0in;">
<i style="mso-bidi-font-style: normal;"><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Electricity —</span></i></div>
</td></tr>
<tr style="mso-yfti-irow: 2;"><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="left" class="lrsection" style="margin: 0in 0in 4pt; text-align: left; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Transportation</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1,00</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">51%</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1<sup>st</sup> year= 51%</span></div>
</td></tr>
<tr style="mso-yfti-irow: 3;"><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="left" class="lrsection" style="margin: 0in 0in 4pt; text-align: left; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Storage/Handling</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1,00</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">51%</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div class="lrsection" style="margin: 0in 0in 4pt;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1<sup>st</sup> year= 51%</span></div>
</td></tr>
<tr style="mso-yfti-irow: 4;"><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="left" class="lrsection" style="margin: 0in 0in 4pt; text-align: left; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Retail</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1,00</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">51%</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1<sup>st</sup> year= 51%</span></div>
</td></tr>
<tr style="mso-yfti-irow: 5;"><td colspan="4" style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 6.65in;" valign="top" width="638"><div align="left" class="lrsection" style="margin: 0in 0in 4pt; text-align: left; text-indent: 0in;">
<i style="mso-bidi-font-style: normal;"><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Renewable energy—</span></i></div>
</td></tr>
<tr style="mso-yfti-irow: 6;"><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="left" class="lrsection" style="margin: 0in 0in 4pt; text-align: left; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Retail (Existing)</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">100 000,00</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">51%</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1<sup>st</sup> year= 51%</span></div>
</td></tr>
<tr style="mso-yfti-irow: 7;"><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="left" class="lrsection" style="margin: 0in 0in 4pt; text-align: left; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Distribution</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">100 000,00</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">51%</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1<sup>st</sup><span style="mso-spacerun: yes;"> </span>year= 51%</span></div>
</td></tr>
<tr style="mso-yfti-irow: 8; mso-yfti-lastrow: yes;"><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="left" class="lrsection" style="margin: 0in 0in 4pt; text-align: left; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">System integration</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">500 000,00</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">51%</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1<sup>st</sup>year= 51%</span></div>
</td></tr>
</tbody></table>
<br />
<div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center;">
<br /></div>
<div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">P</span><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 8pt; mso-bidi-font-size: 10.0pt;">ART</span><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;"> VII</span></div>
<div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">S</span><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 8pt; mso-bidi-font-size: 10.0pt;">ERVICES</span><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;"></span></div>
<br />
<table border="1" cellpadding="0" cellspacing="0" class="MsoTableGrid" style="border-bottom: medium none; border-collapse: collapse; border-left: medium none; border-right: medium none; border-top: medium none; mso-border-alt: solid windowtext .5pt; mso-padding-alt: 0in 5.4pt 0in 5.4pt; mso-yfti-tbllook: 1184;"><tbody>
<tr style="mso-yfti-firstrow: yes; mso-yfti-irow: 0;"><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: windowtext 1pt solid; mso-border-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<b style="mso-bidi-font-weight: normal;"><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Sub-sector</span></b></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: windowtext 1pt solid; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<b style="mso-bidi-font-weight: normal;"><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Minimum net asset value</span></b></div>
<div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<b style="mso-bidi-font-weight: normal;"><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">US$</span></b></div>
<div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<br /></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: windowtext 1pt solid; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<b style="mso-bidi-font-weight: normal;"><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Lesser share for non-indigenous businesses</span></b></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: windowtext 1pt solid; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<b style="mso-bidi-font-weight: normal;"><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Years to comply</span></b></div>
</td></tr>
<tr style="mso-yfti-irow: 1;"><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="left" class="lrsection" style="margin: 0in 0in 4pt; text-align: left; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Maintenance services</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">100 000,00</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">51%</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1<sup>st</sup>year=51%</span></div>
</td></tr>
<tr style="mso-yfti-irow: 2;"><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="left" class="lrsection" style="margin: 0in 0in 4pt; text-align: left; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Healthcare</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">500 000,00</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">51%</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1<sup>st</sup>year=51%</span></div>
</td></tr>
<tr style="mso-yfti-irow: 3;"><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="left" class="lrsection" style="margin: 0in 0in 4pt; text-align: left; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Security services</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">50 000,00</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">51%</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1<sup>st</sup>year=51%</span></div>
</td></tr>
<tr style="mso-yfti-irow: 4;"><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="left" class="lrsection" style="margin: 0in 0in 4pt; text-align: left; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Catering services</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">50 000,00</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">51%</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1<sup>st</sup>year=51%</span></div>
</td></tr>
<tr style="mso-yfti-irow: 5;"><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="left" class="lrsection" style="margin: 0in 0in 4pt; text-align: left; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Freight and logistics</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">149 000,00</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">51%</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1<sup>st</sup>year=51%</span></div>
</td></tr>
<tr style="mso-yfti-irow: 6;"><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="left" class="lrsection" style="margin: 0in 0in 4pt; text-align: left; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Construction and engineering </span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">49 000,00</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">51%</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1<sup>st</sup>year=51%</span></div>
</td></tr>
<tr style="mso-yfti-irow: 7; mso-yfti-lastrow: yes;"><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="left" class="lrsection" style="margin: 0in 0in 4pt; text-align: left; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Franchising </span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">30 000,00</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">51%</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1<sup>st</sup>year=51%</span></div>
</td></tr>
</tbody></table>
<br />
<div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center;">
<br /></div>
<div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">P</span><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 8pt; mso-bidi-font-size: 10.0pt;">ART</span><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;"> VIII</span></div>
<div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">T</span><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 8pt; mso-bidi-font-size: 10.0pt;">ELECOMMUNICATIONS</span></div>
<br />
<table border="1" cellpadding="0" cellspacing="0" class="MsoTableGrid" style="border-bottom: medium none; border-collapse: collapse; border-left: medium none; border-right: medium none; border-top: medium none; mso-border-alt: solid windowtext .5pt; mso-padding-alt: 0in 5.4pt 0in 5.4pt; mso-yfti-tbllook: 1184;"><tbody>
<tr style="mso-yfti-firstrow: yes; mso-yfti-irow: 0;"><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: windowtext 1pt solid; mso-border-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<b style="mso-bidi-font-weight: normal;"><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Sub-sector</span></b></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: windowtext 1pt solid; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<b style="mso-bidi-font-weight: normal;"><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Minimum net asset value</span></b></div>
<div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<b style="mso-bidi-font-weight: normal;"><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">US$</span></b></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: windowtext 1pt solid; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<b style="mso-bidi-font-weight: normal;"><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Lesser share for non-indigenous businesses</span></b></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: windowtext 1pt solid; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<b style="mso-bidi-font-weight: normal;"><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Years to comply</span></b></div>
</td></tr>
<tr style="mso-yfti-irow: 1;"><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="left" class="lrsection" style="margin: 0in 0in 4pt; text-align: left; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Advertising</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1,00</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">51%</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1<sup>st</sup> year=51%</span></div>
</td></tr>
<tr style="mso-yfti-irow: 2;"><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="left" class="lrsection" style="margin: 0in 0in 4pt; text-align: left; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Broadcasting</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1,00</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">51%</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1<sup>st</sup> year=51%</span></div>
</td></tr>
<tr style="mso-yfti-irow: 3;"><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="left" class="lrsection" style="margin: 0in 0in 4pt; text-align: left; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Communication and networking</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1,00</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">51%</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1<sup>st</sup> year=51%</span></div>
</td></tr>
<tr style="mso-yfti-irow: 4;"><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="left" class="lrsection" style="margin: 0in 0in 4pt; text-align: left; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Courier services</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1,00</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">51%</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1<sup>st</sup> year=51%</span></div>
</td></tr>
<tr style="mso-yfti-irow: 5;"><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="left" class="lrsection" style="margin: 0in 0in 4pt; text-align: left; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Equipment agents for supply and maintenance</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1,00</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">51%</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1<sup>st</sup> year=51%</span></div>
</td></tr>
<tr style="mso-yfti-irow: 6;"><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="left" class="lrsection" style="margin: 0in 0in 4pt; text-align: left; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Equipment assembly and/or manufacturing</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1,00</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">30%</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1<sup>st</sup>year=51%</span></div>
</td></tr>
<tr style="mso-yfti-irow: 7;"><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="left" class="lrsection" style="margin: 0in 0in 4pt; text-align: left; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Film making</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1,00</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">40%</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1<sup>st</sup> year=51%</span></div>
</td></tr>
<tr style="mso-yfti-irow: 8;"><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="left" class="lrsection" style="margin: 0in 0in 4pt; text-align: left; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Fixed telephone</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1,00</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">30%</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1<sup>st</sup> year=51%</span></div>
</td></tr>
<tr style="mso-yfti-irow: 9;"><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="left" class="lrsection" style="margin: 0in 0in 4pt; text-align: left; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Internet access provision</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1,00</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">40%</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1<sup>st</sup> year=51%</span></div>
</td></tr>
<tr style="mso-yfti-irow: 10;"><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="left" class="lrsection" style="margin: 0in 0in 4pt; text-align: left; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Mobile cellular</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1,00</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">51%</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1<sup>st</sup> year=51%</span></div>
</td></tr>
<tr style="mso-yfti-irow: 11;"><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="left" class="lrsection" style="margin: 0in 0in 4pt; text-align: left; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Postal general</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1,00</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">40%</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1<sup>st</sup> year=51%</span></div>
</td></tr>
<tr style="mso-yfti-irow: 12;"><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="left" class="lrsection" style="margin: 0in 0in 4pt; text-align: left; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Public data</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1,00</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">40%</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1<sup>st</sup>year=51%</span></div>
</td></tr>
<tr style="mso-yfti-irow: 13; mso-yfti-lastrow: yes;"><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="left" class="lrsection" style="margin: 0in 0in 4pt; text-align: left; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Publications</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1,00</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">40%</span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">1<sup>st</sup>year=51%</span></div>
</td></tr>
</tbody></table>
<br />
<div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<br /></div>
<div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">P</span><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 8pt; mso-bidi-font-size: 10.0pt;">ART</span><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">IX</span></div>
<div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">T</span><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 8pt; mso-bidi-font-size: 10.0pt;">RANSPORT AND </span><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">M</span><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 8pt; mso-bidi-font-size: 10.0pt;">OTOR</span><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;"> I</span><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 8pt; mso-bidi-font-size: 10.0pt;">NDUSTRY</span><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;"></span></div>
<br />
<table border="1" cellpadding="0" cellspacing="0" class="MsoTableGrid" style="border-bottom: medium none; border-collapse: collapse; border-left: medium none; border-right: medium none; border-top: medium none; mso-border-alt: solid windowtext .5pt; mso-padding-alt: 0in 5.4pt 0in 5.4pt; mso-yfti-tbllook: 1184;"><tbody>
<tr style="mso-yfti-firstrow: yes; mso-yfti-irow: 0;"><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: windowtext 1pt solid; mso-border-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<b style="mso-bidi-font-weight: normal;"><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Sub-sector</span></b></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: windowtext 1pt solid; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<b style="mso-bidi-font-weight: normal;"><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Minimum net asset value</span></b></div>
<div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<b style="mso-bidi-font-weight: normal;"><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">US$</span></b></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: windowtext 1pt solid; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<b style="mso-bidi-font-weight: normal;"><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Lesser share for non-indigenous businesses</span></b></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: windowtext 1pt solid; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="lrsection" style="margin: 0in 0in 4pt; text-align: center; text-indent: 0in;">
<b style="mso-bidi-font-weight: normal;"><span lang="EN-GB" style="font-family: "Times New Roman", "serif"; font-size: 10pt;">Years to comply</span></b></div>
</td></tr>
<tr style="mso-yfti-irow: 1;"><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="left" class="MsoNormal" style="margin: 0in 0in 0pt; text-align: left;">
<span lang="EN-GB"><span style="font-family: Times; font-size: x-small;">Haulage industry</span></span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="MsoNormal" style="margin: 0in 0in 0pt; text-align: center;">
<span lang="EN-GB"><span style="font-family: Times; font-size: x-small;">500 000,00</span></span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="MsoNormal" style="margin: 0in 0in 0pt; text-align: center;">
<span lang="EN-GB"><span style="font-family: Times; font-size: x-small;">51%</span></span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="MsoNormal" style="margin: 0in 0in 0pt; text-align: center;">
<span lang="EN-GB"><span style="font-family: Times; font-size: x-small;">1<sup>st </sup>year =51%</span></span></div>
</td></tr>
<tr style="mso-yfti-irow: 2;"><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="left" class="MsoNormal" style="margin: 0in 0in 0pt; text-align: left;">
<span lang="EN-GB"><span style="font-family: Times; font-size: x-small;">Inland water bodies</span></span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="MsoNormal" style="margin: 0in 0in 0pt; text-align: center;">
<span lang="EN-GB"><span style="font-family: Times; font-size: x-small;">20 000,00</span></span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="MsoNormal" style="margin: 0in 0in 0pt; text-align: center;">
<span lang="EN-GB"><span style="font-family: Times; font-size: x-small;">51%</span></span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="MsoNormal" style="margin: 0in 0in 0pt; text-align: center;">
<span lang="EN-GB"><span style="font-family: Times; font-size: x-small;">1st year =51%</span></span></div>
</td></tr>
<tr style="mso-yfti-irow: 3;"><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="left" class="MsoNormal" style="margin: 0in 0in 0pt; text-align: left;">
<span lang="EN-GB"><span style="font-family: Times; font-size: x-small;">Harbours</span></span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="MsoNormal" style="margin: 0in 0in 0pt; text-align: center;">
<span lang="EN-GB"><span style="font-family: Times; font-size: x-small;">1,00</span></span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="MsoNormal" style="margin: 0in 0in 0pt; text-align: center;">
<span lang="EN-GB"><span style="font-family: Times; font-size: x-small;">51%</span></span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="MsoNormal" style="margin: 0in 0in 0pt; text-align: center;">
<span lang="EN-GB"><span style="font-family: Times; font-size: x-small;">1<sup>st</sup> year=51%</span></span></div>
</td></tr>
<tr style="mso-yfti-irow: 4;"><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="left" class="MsoNormal" style="margin: 0in 0in 0pt; text-align: left;">
<span lang="EN-GB"><span style="font-family: Times; font-size: x-small;">Motor trade</span></span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="MsoNormal" style="margin: 0in 0in 0pt; text-align: center;">
<span lang="EN-GB"><span style="font-family: Times; font-size: x-small;">1,00</span></span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="MsoNormal" style="margin: 0in 0in 0pt; text-align: center;">
<span lang="EN-GB"><span style="font-family: Times; font-size: x-small;">51%</span></span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="MsoNormal" style="margin: 0in 0in 0pt; text-align: center;">
<span lang="EN-GB"><span style="font-family: Times; font-size: x-small;">1st year =51%</span></span></div>
</td></tr>
<tr style="mso-yfti-irow: 5;"><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="left" class="MsoNormal" style="margin: 0in 0in 0pt; text-align: left;">
<span lang="EN-GB"><span style="font-family: Times; font-size: x-small;">Part manufacturing</span></span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="MsoNormal" style="margin: 0in 0in 0pt; text-align: center;">
<span lang="EN-GB"><span style="font-family: Times; font-size: x-small;">1,00</span></span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="MsoNormal" style="margin: 0in 0in 0pt; text-align: center;">
<span lang="EN-GB"><span style="font-family: Times; font-size: x-small;">51%</span></span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="MsoNormal" style="margin: 0in 0in 0pt; text-align: center;">
<span lang="EN-GB"><span style="font-family: Times; font-size: x-small;">1<sup>st</sup> year=51%</span></span></div>
</td></tr>
<tr style="mso-yfti-irow: 6;"><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="left" class="MsoNormal" style="margin: 0in 0in 0pt; text-align: left;">
<span lang="EN-GB"><span style="font-family: Times; font-size: x-small;">Assembling factories</span></span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="MsoNormal" style="margin: 0in 0in 0pt; text-align: center;">
<span lang="EN-GB"><span style="font-family: Times; font-size: x-small;">1,00</span></span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="MsoNormal" style="margin: 0in 0in 0pt; text-align: center;">
<span lang="EN-GB"><span style="font-family: Times; font-size: x-small;">51%</span></span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="MsoNormal" style="margin: 0in 0in 0pt; text-align: center;">
<span lang="EN-GB"><span style="font-family: Times; font-size: x-small;">1<sup>st</sup> year=51%</span></span></div>
</td></tr>
<tr style="mso-yfti-irow: 7;"><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="left" class="MsoNormal" style="margin: 0in 0in 0pt; text-align: left;">
<span lang="EN-GB"><span style="font-family: Times; font-size: x-small;">Wholesale distributors</span></span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="MsoNormal" style="margin: 0in 0in 0pt; text-align: center;">
<span lang="EN-GB"><span style="font-family: Times; font-size: x-small;">1,00</span></span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="MsoNormal" style="margin: 0in 0in 0pt; text-align: center;">
<span lang="EN-GB"><span style="font-family: Times; font-size: x-small;">51%</span></span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="MsoNormal" style="margin: 0in 0in 0pt; text-align: center;">
<span lang="EN-GB"><span style="font-family: Times; font-size: x-small;">1<sup>st</sup> year=51%</span></span></div>
</td></tr>
<tr style="mso-yfti-irow: 8;"><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="left" class="MsoNormal" style="margin: 0in 0in 0pt; text-align: left;">
<span lang="EN-GB"><span style="font-family: Times; font-size: x-small;">Agent or sub-dealers</span></span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="MsoNormal" style="margin: 0in 0in 0pt; text-align: center;">
<span lang="EN-GB"><span style="font-family: Times; font-size: x-small;">1,00</span></span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="MsoNormal" style="margin: 0in 0in 0pt; text-align: center;">
<span lang="EN-GB"><span style="font-family: Times; font-size: x-small;">51%</span></span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="MsoNormal" style="margin: 0in 0in 0pt; text-align: center;">
<span lang="EN-GB"><span style="font-family: Times; font-size: x-small;">1<sup>st</sup> year=51%</span></span></div>
</td></tr>
<tr style="mso-yfti-irow: 9;"><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="left" class="MsoNormal" style="margin: 0in 0in 0pt; text-align: left;">
<span lang="EN-GB"><span style="font-family: Times; font-size: x-small;">Parts distributors retailers</span></span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="MsoNormal" style="margin: 0in 0in 0pt; text-align: center;">
<span lang="EN-GB"><span style="font-family: Times; font-size: x-small;">1,00</span></span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="MsoNormal" style="margin: 0in 0in 0pt; text-align: center;">
<span lang="EN-GB"><span style="font-family: Times; font-size: x-small;">51%</span></span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="MsoNormal" style="margin: 0in 0in 0pt; text-align: center;">
<span lang="EN-GB"><span style="font-family: Times; font-size: x-small;">1st year=51%</span></span></div>
</td></tr>
<tr style="mso-yfti-irow: 10;"><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="left" class="MsoNormal" style="margin: 0in 0in 0pt; text-align: left;">
<span lang="EN-GB"><span style="font-family: Times; font-size: x-small;">Panel beaters</span></span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="MsoNormal" style="margin: 0in 0in 0pt; text-align: center;">
<span lang="EN-GB"><span style="font-family: Times; font-size: x-small;">1,00</span></span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="MsoNormal" style="margin: 0in 0in 0pt; text-align: center;">
<span lang="EN-GB"><span style="font-family: Times; font-size: x-small;">51%</span></span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="MsoNormal" style="margin: 0in 0in 0pt; text-align: center;">
<span lang="EN-GB"><span style="font-family: Times; font-size: x-small;">1st year=51%</span></span></div>
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<tr style="mso-yfti-irow: 11;"><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="left" class="MsoNormal" style="margin: 0in 0in 0pt; text-align: left;">
<span lang="EN-GB"><span style="font-family: Times; font-size: x-small;">Workshops</span></span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="MsoNormal" style="margin: 0in 0in 0pt; text-align: center;">
<span lang="EN-GB"><span style="font-family: Times; font-size: x-small;">1,00</span></span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="MsoNormal" style="margin: 0in 0in 0pt; text-align: center;">
<span lang="EN-GB"><span style="font-family: Times; font-size: x-small;">51%</span></span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="MsoNormal" style="margin: 0in 0in 0pt; text-align: center;">
<span lang="EN-GB"><span style="font-family: Times; font-size: x-small;">1st year=51%</span></span></div>
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<tr style="mso-yfti-irow: 12; mso-yfti-lastrow: yes;"><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: windowtext 1pt solid; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="left" class="MsoNormal" style="margin: 0in 0in 0pt; text-align: left;">
<span lang="EN-GB"><span style="font-family: Times; font-size: x-small;">Public and commercial airlines</span></span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="MsoNormal" style="margin: 0in 0in 0pt; text-align: center;">
<span lang="EN-GB"><span style="font-family: Times; font-size: x-small;">1 000</span><a href="" name="_GoBack"></a><span style="font-family: Times; font-size: x-small;"> 000,00</span></span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="MsoNormal" style="margin: 0in 0in 0pt; text-align: center;">
<span lang="EN-GB"><span style="font-family: Times; font-size: x-small;">51%</span></span></div>
</td><td style="background-color: transparent; border-bottom: windowtext 1pt solid; border-left: #f0f0f0; border-right: windowtext 1pt solid; border-top: #f0f0f0; mso-border-alt: solid windowtext .5pt; mso-border-left-alt: solid windowtext .5pt; mso-border-top-alt: solid windowtext .5pt; padding-bottom: 0in; padding-left: 5.4pt; padding-right: 5.4pt; padding-top: 0in; width: 119.7pt;" valign="top" width="160"><div align="center" class="MsoNormal" style="margin: 0in 0in 0pt; text-align: center;">
<span lang="EN-GB"><span style="font-family: Times; font-size: x-small;">1st year =51%</span></span></div>
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Emilia rkmhttp://www.blogger.com/profile/04324241412489879685noreply@blogger.comtag:blogger.com,1999:blog-3625974275361497219.post-73400962004016531832012-06-08T09:29:00.000+02:002012-06-08T09:33:03.580+02:00Empowerment UpdateProgress is being made and increasingly there is better understanding now than before.I am sure as we now focus on the banking sector,we should see a change in attitude and the establishment of a positive and supportive culture within this sector.<br />
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I am also pleased that the communities are starting to benefit from the broad based empowerment model we have implemented.<br />
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Fundamental change will always meet fundamental opposition and equally fundamental appreciation.We are Changing Our Country (COC).<br />
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I am extremely happy that we are chalking very good transactions that will change our country forever.<br />
Is the beginning and we must remain resolved and not allow yesterday's man to deviate us from achieving the goals we have been tasked to deliver.Emilia rkmhttp://www.blogger.com/profile/04324241412489879685noreply@blogger.comtag:blogger.com,1999:blog-3625974275361497219.post-89018890710341672562012-05-22T11:29:00.002+02:002012-05-22T11:29:47.586+02:00The Empowerment Drive Continues....<br />
The Gwanda Community Empowerment Launch alongside the Umguza Community Trust ,on Friday at Collen Bawn Mine by President Mugabe was epochal.We are changing our country(coc)..Many thanks to all who worked hard for the successful launch.It was a great moment filling us all with pride and a sense of accomplishment.<br />
<br /> We continued with our crusade,taking the message to the churches.Am greatful the Brethren Christ Church for affording us an opportunity to address their seminar on Economic Empowerment.It was lively and very encouraging.Shared the stage with Hon Misihairambwi.Emilia rkmhttp://www.blogger.com/profile/04324241412489879685noreply@blogger.comtag:blogger.com,1999:blog-3625974275361497219.post-22206282574859053312012-04-30T18:33:00.000+02:002012-04-30T18:33:13.229+02:00Empowerment of Workers towards building a sustainable economy for Zimbabwe<div class="separator" style="clear: both; text-align: center;">
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEidN9kRW_EmXMN3b9ORZRXZVep6FbTYzUrGkPBMPWYg85SqDzeMBRTRA7Kp5RG1ggNTjjWHzqFhN3xhGjE1fNnm3L2iXdspsTUCwg5sTBwjy-fNS3s_ugYPPVhESFTcMPr59l_ulXHX6KIe/s1600/Sequence+02+-+Copy.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" height="213" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEidN9kRW_EmXMN3b9ORZRXZVep6FbTYzUrGkPBMPWYg85SqDzeMBRTRA7Kp5RG1ggNTjjWHzqFhN3xhGjE1fNnm3L2iXdspsTUCwg5sTBwjy-fNS3s_ugYPPVhESFTcMPr59l_ulXHX6KIe/s320/Sequence+02+-+Copy.jpg" width="320" /></a></div>
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<span style="font-family: Times, "Times New Roman", serif;">As we celebrate workers day tomorrow, let's remember that the empowerment of our workers is a key priority in the growth of our economy. Workers have toiled to make companies what they are today and deserve a better return than low wages and salaries. Zimbabwean workers are slowly being transformed from being just workers to sitting at the table and negotiating as shareholders. It should not be ignored that the participation of employees as shareholders increases the output and viability of any company evidently stimulated by a sense of ownership by the employees. Companies such as Schweppes have recorded significantly higher revenues since the Employees and Management took up the majority shareholding of the company in June 2010 as a way of complying with the Indigenisation and Economic Empowerment laws of Zimbabwe.</span></div>
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjKj7hSEYO1zufeiOI57YuYpD6042n_Q8Zu9unrU2Dt5qmlhbQucU-MyxsL656t6eJAoVRL7pfCffhX_qrKMZwXtjDxQvSro2CKSdarmAsoDZVa5YOD0lffO4QxN5OD9I74VAz-1mu7e7ii/s1600/DSC_0946.JPG" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="214" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjKj7hSEYO1zufeiOI57YuYpD6042n_Q8Zu9unrU2Dt5qmlhbQucU-MyxsL656t6eJAoVRL7pfCffhX_qrKMZwXtjDxQvSro2CKSdarmAsoDZVa5YOD0lffO4QxN5OD9I74VAz-1mu7e7ii/s320/DSC_0946.JPG" width="320" /></a></div>
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<span style="font-family: "Times New Roman","serif"; line-height: 115%; mso-ansi-language: EN-ZW; mso-bidi-language: AR-SA; mso-fareast-font-family: Calibri; mso-fareast-language: EN-US;">Employee and Manangement
Share Ownership Trusts are one of the designated vehicles for broad-based
participation in the implementation of indigenisation and economic empowerment
programme. 95% of the companies with approved Indigenisation Implementation Plans have included Workers and Management and some, Pensioners, as part owners of their businesses. Schweppes Limited, Meikles Limited, Zimplats, Mimosa Mining company, Old Mutual are some of the companies that have, to date, set aside equity for their employees and Management. </span></div>
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi7Y8oM5nOXvW9AMlsGu2E_1omBTUnX4FOgDqu21rQCyX18FBIyZDZ8HEd4y73yGtjjhk9O9boLJr4W7KiS-0tzoScWS1T3-4j0WJAkL962BD4VMrICsUADgG8ooIB4ATAbfwTKOohwO-eW/s1600/DSC_0903.JPG" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="214" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi7Y8oM5nOXvW9AMlsGu2E_1omBTUnX4FOgDqu21rQCyX18FBIyZDZ8HEd4y73yGtjjhk9O9boLJr4W7KiS-0tzoScWS1T3-4j0WJAkL962BD4VMrICsUADgG8ooIB4ATAbfwTKOohwO-eW/s320/DSC_0903.JPG" width="320" /></a></div>
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<span style="font-family: "Times New Roman","serif"; line-height: 115%; mso-ansi-language: EN-ZW; mso-bidi-language: AR-SA; mso-fareast-font-family: Calibri; mso-fareast-language: EN-US;">The empowerment of workers is key in the development of any country, and so as we celebrate our workers on the 1st of May 2012, let's recognise the commitment of the employees to the growth of your businesses and the growth of the nation. </span></div>
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg0oLF45HQ0Z_JMaNblaoI3_wBFloRrFOzOqgGlOZSci_wz220IXBZt7qgigphElMtyKT_2ssTYYh8sX8V5JoOfkkU7WRe9rHSOKLqz9biCGouHSpRGkScptjeuv5j8tVLUZIsbLx8bpDR5/s1600/100_0776.JPG" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="240" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEg0oLF45HQ0Z_JMaNblaoI3_wBFloRrFOzOqgGlOZSci_wz220IXBZt7qgigphElMtyKT_2ssTYYh8sX8V5JoOfkkU7WRe9rHSOKLqz9biCGouHSpRGkScptjeuv5j8tVLUZIsbLx8bpDR5/s320/100_0776.JPG" width="320" /></a></div>
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<span style="font-family: "Times New Roman","serif"; line-height: 115%; mso-ansi-language: EN-ZW; mso-bidi-language: AR-SA; mso-fareast-font-family: Calibri; mso-fareast-language: EN-US;"><strong><em>The Ministry of Youth Development, Indigenisation and Empowerment together with the National Indigenisation and Economic Empowerment Board, (NIEEB), remain committed to the empowerment of the workers and continue to encourage companies to include their workers and as part shareholders in an effort to achieve broad based participation and build a sustainable economy.</em></strong></span></div>Emilia rkmhttp://www.blogger.com/profile/04324241412489879685noreply@blogger.comtag:blogger.com,1999:blog-3625974275361497219.post-39756055669014059752012-04-19T12:30:00.012+02:002012-04-21T20:35:01.723+02:00Zimbabwe at 32: Indigenisation and Economic Empowerment for Economic Transformation.<div><div><div><br /><div align="justify"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi8gaQcdkIzYj5YyFwqzzvqv2nM3V-En2eT7ow19rcFtjqUPKYZzsR3kK7o6g3dOvFbn29RRo_R0iB5nSdXt8J7yjImHpjEvM-yLgVKdEhHjW8UGr8-S9ngdsa2wiiRyQPyhUSbiO07F9J_/s1600/min+big+independence.jpg"><img style="margin: 0px 10px 10px 0px; width: 289px; height: 212px; float: left; cursor: pointer;" id="BLOGGER_PHOTO_ID_5733075468168731298" border="0" alt="" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi8gaQcdkIzYj5YyFwqzzvqv2nM3V-En2eT7ow19rcFtjqUPKYZzsR3kK7o6g3dOvFbn29RRo_R0iB5nSdXt8J7yjImHpjEvM-yLgVKdEhHjW8UGr8-S9ngdsa2wiiRyQPyhUSbiO07F9J_/s320/min+big+independence.jpg" /></a></div><div align="justify"> </div><div align="justify">The Minister of Youth Development , Indigenisation and Empowerment was invited to be the Guest of Honour at the Annual Independence Youth Dinner hosted by the Zimbabwe Youth Council. Youths representing various Youth Organisations and representatives of political parties attended the dinner held at the HICC on the 17th of April 2012.</div><div align="justify"> </div><div align="justify"> </div><div align="justify"> </div><div align="justify"> </div><div align="justify">Zimbabwe celebrated its 32nd year of Independence from colonial rule on the 18th of April with this year's theme being "Indigenisation and Economic Empowerment for Economic Transformation".</div><div align="justify"> </div><p align="center"><img style="margin: 0px auto 10px; width: 375px; height: 213px; text-align: center; display: block; cursor: pointer;" id="BLOGGER_PHOTO_ID_5733075903988286674" border="0" alt="" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgJLmoPLYpsCXnvAbaJxhORrAZhetBPYXE1o6JvQwPc1TL5_4yFgjEc8Vq4M1EaI5etpXzOXfXW91SUqWqakd2be5PCzB228Tg1vwzGbes9Ib8w7Y8ex4-dob7iZQI0BJnAwweF4j8ElxSE/s320/zyc+zanu+mdc.jpg" /><div align="justify"> </div><p></p><div align="justify"> </div><div align="justify">The Minister thanked the previous speakers that had spoken on the need for youths to start making a difference, the same difference made by the youths of the 1970's- 80 that liberated Zimbabwe from colonial rule. He went on to say the Independence of Zimbabwe is not for any particular political party but for all Zimbabweans to embrace and celebrate the achievement of those that fought for the liberation of our country.</div><div align="justify"> </div><p align="center"><img style="width: 274px; height: 316px; cursor: pointer;" id="BLOGGER_PHOTO_ID_5733076705268586002" border="0" alt="" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEib5nRGgiOpGXLpqcLYTngp4knO6nvTzmihzb4rg_83ALd33dvs7tewNZTJrRt-BKSqDN9wBcbj8iCQt7FhvjwDPCVUoEQyFrENbt2lqS0WQraSkw2KvxTCoZWF6rXpRALJnQKrS0FNdiCF/s320/zyc+dinner.jpg" /><div align="justify"> </div><p></p><div align="justify">He went on to emphasize on the need for youths to come togather regardless of their differences and fight for the economic transformation of Zimbabwe by way of getting the corporate world to see that the transformation of Zimbabwe lies in the Youths of today, the same way the youths fought for the transformation of the political landscape of Zimbabwe.</div><div align="justify"> </div><p align="center"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgHs3qKK6jKF4p0V8WZsldBbQstEwTaT5DUkdqUp3BXCqqooewLewLZUMqtadBFrpW9TjRSOTqA3cmwI_NpD5K8QMt7hK-GYdKQ4hdor0x7TksoFDpPIB6r0S1GLGHFbQVAQiLjAbc3mLA7/s1600/zyc+diana.jpg"><img style="width: 320px; height: 214px; cursor: pointer;" id="BLOGGER_PHOTO_ID_5733078621852934178" border="0" alt="" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgHs3qKK6jKF4p0V8WZsldBbQstEwTaT5DUkdqUp3BXCqqooewLewLZUMqtadBFrpW9TjRSOTqA3cmwI_NpD5K8QMt7hK-GYdKQ4hdor0x7TksoFDpPIB6r0S1GLGHFbQVAQiLjAbc3mLA7/s320/zyc+diana.jpg" /></a></p><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgHs3qKK6jKF4p0V8WZsldBbQstEwTaT5DUkdqUp3BXCqqooewLewLZUMqtadBFrpW9TjRSOTqA3cmwI_NpD5K8QMt7hK-GYdKQ4hdor0x7TksoFDpPIB6r0S1GLGHFbQVAQiLjAbc3mLA7/s1600/zyc+diana.jpg"><div align="justify"> </div></a><p></p><div align="justify"> </div><div align="justify">Indigenisation and Economic Empowerment remains a key focus area of the Zimbabwean Government. The Government, through the Ministry of Youth Development, Indigenisation and Empowerment has already launched the Mhondoro- Ngezi, Chegutu Community Share Ownership Scheme(Zimplats Holdings), the Tongogara Community Share Ownership Scheme(Anglo America- Unki) and the Zvishavane Community Share Ownership Scheme (Mimosa Mining company). Employees have also, to date, benefitted from Employee Share ownership schemes with employees from Meikles Limited and Schweppes Limited already owning a stake in their companies.</div><div align="justify"> </div><div align="justify">Over the next 3 months, the Ministry expects to have launched a number of schemes through out the country...</div></div></div></div>Emilia rkmhttp://www.blogger.com/profile/04324241412489879685noreply@blogger.comtag:blogger.com,1999:blog-3625974275361497219.post-27474438375472336042012-04-06T19:02:00.000+02:002012-04-21T20:35:01.656+02:00Deputy Prime Minister Arthur Mutambara Supports Youth Development, Indigenisation and Empowerment<br />
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi51RSwUz3_Bvjii24CoffOi3zQIqhxyDH7RiAlaFiBUP2TUQrDGkIXUJhYmlJrq6Gh5UerGqgAJ9GHVQc53_3iBY1823EOvkfBgaUqhllXKiJBLlizj_8N5uaapFVcZMLCEt9u-S2Fk8Y/s1600/220px-Mutambara_2009_crop.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" height="400" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi51RSwUz3_Bvjii24CoffOi3zQIqhxyDH7RiAlaFiBUP2TUQrDGkIXUJhYmlJrq6Gh5UerGqgAJ9GHVQc53_3iBY1823EOvkfBgaUqhllXKiJBLlizj_8N5uaapFVcZMLCEt9u-S2Fk8Y/s400/220px-Mutambara_2009_crop.jpg" width="310" /></a></div>
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Deputy Prime Minister Arthur Mutambara has thrown his weight behind Youth Development, Indigenisation and Empowerment minister Saviour Kasukuwere’s indigenisation crusade, saying there was no reason why foreign banks should be regarded as sacred institutions.</div>
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Kasukuwere’s calls for the indigenisation of foreign banks have courted the ire of Finance minister Tendai Biti and Reserve Bank of Zimbabwe governor Gideon, Gono who have argued that the financial services sector was sensitive.<br /><br />Speaking on Wednesday night during a debate organised by Sapes Trust in Harare, Mutambara said there was need to indigenise the banking sector in line with national interest.<br /><br />“The financial sector must be indigenised. It must be aligned to the national interest,” he said.<br /><br />Mutambara said it was “a travesty of justice” for banks such as Standard Chartered to bank money raised locally in England.<br /><br />Foreign-owned banks have been accused of ignoring calls to support local farmers, arguing the latter had no collateral, so the banks could not gamble with their clients’ savings. Mutambara said since agriculture was a key pillar of the country’s economy, it was wrong to have a financial sector not supportive of agriculture.<br /><br />“We need a new financial sector law as the current ones are inadequate. New instruments must be given to the financial sector,” he said.<br /><br />“Banks must support agriculture because there is money to be made there. You can’t have banks in the country that don’t support agriculture. Whose interests are they serving?”<br /><br />Biti told journalists last month that there was no need to indigenise the financial sector since it was already dominated by local banks. Standard Chartered, Barclays, Stanbic and Ecobank are the only foreign-owned banks in the country.<br />Foreign-owned firms operating in Zimbabwe are required in terms of the Indigenisation and Economic Empowerment Act to sell at least 51% stake to locals.<br /><br />Kasukuwere has in the past said after the mining sector had been fully indigenised, he would turn his focus to the financial sector.</div>
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www.newsday.co.zw</div>Unknownnoreply@blogger.comHarare, Zimbabwe-17.82922 31.053961-18.071077499999998 30.738104 -17.5873625 31.369818000000002tag:blogger.com,1999:blog-3625974275361497219.post-40044010130487021542012-03-21T05:26:00.002+02:002012-04-21T20:35:01.728+02:00Minister Kasukuwere Explains Empowerment<object classid="clsid:D27CDB6E-AE6D-11cf-96B8-444553540000" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=9,0,47,0" height="270" id="flashObj" width="480"><param name="movie" value="http://c.brightcove.com/services/viewer/federated_f9?isVid=1&isUI=1" /><param name="bgcolor" value="#FFFFFF" /><param name="flashVars" value="videoId=1514222093001&linkBaseURL=http%3A%2F%2Faje.me%2Fxwsmyh&playerID=664965303001&playerKey=AQ~~,AAAAmtVJIFk~,TVGOQ5ZTwJZbyLu770YWZ_LE4OaoU5Nv&domain=embed&dynamicStreaming=true" /><param name="base" value="http://admin.brightcove.com" /><param name="seamlesstabbing" value="false" /><param name="allowFullScreen" value="true" /><param name="swLiveConnect" value="true" /><param name="allowScriptAccess" value="always" /><embed src="http://c.brightcove.com/services/viewer/federated_f9?isVid=1&isUI=1" bgcolor="#FFFFFF" flashVars="videoId=1514222093001&linkBaseURL=http%3A%2F%2Faje.me%2Fxwsmyh&playerID=664965303001&playerKey=AQ~~,AAAAmtVJIFk~,TVGOQ5ZTwJZbyLu770YWZ_LE4OaoU5Nv&domain=embed&dynamicStreaming=true" base="http://admin.brightcove.com" name="flashObj" width="480" height="270" seamlesstabbing="false" type="application/x-shockwave-flash" allowFullScreen="true" allowScriptAccess="always" swLiveConnect="true" pluginspage="http://www.macromedia.com/shockwave/download/index.cgi?P1_Prod_Version=ShockwaveFlash"></embed></object>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-3625974275361497219.post-81642334631282434852012-03-15T01:20:00.001+02:002012-04-21T20:35:01.892+02:00Implats Transfers 51% Equity to Indigenous Zimbabweans<iframe width="480" height="360" src="http://www.youtube.com/embed/RHVk8eI1cMA?rel=0" frameborder="0" allowfullscreen></iframe>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-3625974275361497219.post-37928033591964149362012-03-14T14:28:00.013+02:002012-04-21T20:35:01.695+02:00Joint Press Release between Implats and the Ministry of Youth Development, Indigenisation and Empowerment.<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhbsLooGAcPfIdxs3UUylLZVUlcfQ3PFnbcd4-bdPMlXU1Frhbl1WW6_hbo1mdri1kS-alWDc4Asf863UpjqqDHFXbv1WVLuj3YSpTY493qJLXl2iak1jNho835NcVG5ZkdckNc5yI_nh0/s1600/Kasukuwere-Brown-550.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="227" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhbsLooGAcPfIdxs3UUylLZVUlcfQ3PFnbcd4-bdPMlXU1Frhbl1WW6_hbo1mdri1kS-alWDc4Asf863UpjqqDHFXbv1WVLuj3YSpTY493qJLXl2iak1jNho835NcVG5ZkdckNc5yI_nh0/s400/Kasukuwere-Brown-550.jpg" width="400" /></a></div><br />
<span style="text-align: justify;">Following a meeting between the Minister of Youth Development Indigenisation and Empowerment, the Chairman of the Implats Board of Directors and CEO of Implats, the new Zimplats Indigenisation Implementation Plan that was presented to the Minister meets the minimum requirements of the Indigenisation and Economic Empowerment Act and Indigenisation and Economic Empowerment Regulations of 2010 and is acceptable in principle to the Government of Zimbabwe.</span><br />
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<div><div align="justify"></div><div align="justify">The details for the transfer of 51% shareholding in Zimplats, comprising 10% shares to community, 10% share to employees and 31% to the National Indigenisation and Economic Empowerment Fund (NIEEF) will be addressed by a joint technical team comprising Zimplats, the Ministry responsible for indigenisation and the NIEEB, but will be at appropriate value.<br />
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…………………………………………………………………………………………<br />
<i>Honourable Minister S. Kasukuwere ( M.P)</i><br />
<b>Minister of Youth Development, Indigenisation and Empowerment</b><br />
…………………………………………………………………………………………<br />
<i>Dr. K. Mokhele</i><br />
<b>Chairman of Implats</b></div><div align="justify"><i> 13 March 2012</i></div><div align="justify"></div></div>Emilia rkmhttp://www.blogger.com/profile/04324241412489879685noreply@blogger.comHarare, Zimbabwe-17.82922 31.053961000000072-17.9683035 30.886138000000074 -17.690136499999998 31.221784000000071tag:blogger.com,1999:blog-3625974275361497219.post-21451684106140114542012-03-06T12:07:00.008+02:002012-04-21T20:35:01.627+02:00Mimosa Holdings: Zvishavane Community Share Ownership Trust<span></span><div><br /><div><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj42KrgOg3yeL1HeuL8RLBaHPth6KE1qMu9rlBurBiluyKRx32k8JFar7vCI70fgPP7C_8JMVmssG4oFSMpOA-K-v9rJAvEQ00RpLZdbJ7IJ3UXogmeBcs0VEFcUR_0IA75z655g2VY2Nj9/s1600/Sequence+02_7.jpg"><img style="margin: 0px 10px 10px 0px; width: 320px; height: 214px; float: left; cursor: pointer;" id="BLOGGER_PHOTO_ID_5716734943604960514" border="0" alt="" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj42KrgOg3yeL1HeuL8RLBaHPth6KE1qMu9rlBurBiluyKRx32k8JFar7vCI70fgPP7C_8JMVmssG4oFSMpOA-K-v9rJAvEQ00RpLZdbJ7IJ3UXogmeBcs0VEFcUR_0IA75z655g2VY2Nj9/s320/Sequence+02_7.jpg" /></a>The Zvishavane Community Share Ownership Trust has been launched with the community recieving 10% equity from Mimosa Holdings (Pvt) Limited as well as US$10million.</div><div> </div><div> The President of the Republic of Zimbabwe launched the Trust acknowledging the compliance of Mimosa Holdings and citing that companies not in compliance with the Indigenisation law would be dealt with accordingly.</div><div><div> </div><div>Community Share Ownership Trusts remain as a tool for implementation of the Government's objective to ensure that the people of Zimbabwe benefit from their God Given resources and ensure sustainable development as well as the creation of secondary economies. </div><div> </div><div> </div></div></div>Emilia rkmhttp://www.blogger.com/profile/04324241412489879685noreply@blogger.comtag:blogger.com,1999:blog-3625974275361497219.post-74308076386675593712012-03-06T11:53:00.003+02:002012-04-21T20:33:10.729+02:00Economic Empowerment<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiayV2oWCuz9QSawU6ll0_xu0RCfzFactA0c8tdutxZgWgxBnOKG2_h2hGuwmwAD86Tb9-qKulUQwu-T2HFPjxoz0wxmGmky2SPK3fAye-MtA5UmzQAdfFBVKTk4Z-KGGuS2cW3BcPRsotM/s1600/min.jpg"><img style="margin: 0px 10px 10px 0px; width: 126px; height: 134px; float: left; cursor: pointer;" id="BLOGGER_PHOTO_ID_5716721296329960370" border="0" alt="" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiayV2oWCuz9QSawU6ll0_xu0RCfzFactA0c8tdutxZgWgxBnOKG2_h2hGuwmwAD86Tb9-qKulUQwu-T2HFPjxoz0wxmGmky2SPK3fAye-MtA5UmzQAdfFBVKTk4Z-KGGuS2cW3BcPRsotM/s320/min.jpg" /></a>It's been long before I communicated with you.I am continuing on our program to empower the people of Zimbabwe.We have had successful launches of Community Trusts and there is greater awareness among our people and especially the youth.<br />We are own liberators . Companies have to respect our laws,it's not about elections but it's about fighting poverty and improving the well being of our people.<br /> The youths of our country have a duty to build the country.We are faced with serious challenges and at times serious let downs.However our commitment to succeed will help us overcome all the barriers.<br />Let's continue marching,we will prevail. I am following with keen interest developments that will change our youths and make them the builders of Zimbabwe. Let's shun all negative behavior and engage peacefully.Emilia rkmhttp://www.blogger.com/profile/04324241412489879685noreply@blogger.comtag:blogger.com,1999:blog-3625974275361497219.post-32363812724674955842012-01-01T10:58:00.010+02:002012-04-21T20:35:01.676+02:002012: A Year for Emboldened Economic Empowerment<div><div><div><div><div> </div><div><strong><em>A New Year dawns upon Zimbabwe,<br /></em></strong><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhTcZ4HXvb3OWby0UHFJOTaKJ6db5qOGDWF3HDC76pqP_pzOujYhsqfqk_bvE8PZ5Kuzmd_mmuunhcqPbBteHScG72lzDUiiwvqngwE9V6BhYigKuhEKsf2Kpqt8GIsSB1xpzuHWDVgSbJo/s1600/nice+min+pic.jpg"><img style="margin: 0px 10px 10px 0px; width: 117px; height: 134px; float: left; cursor: pointer;" id="BLOGGER_PHOTO_ID_5692606117805480722" border="0" alt="" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhTcZ4HXvb3OWby0UHFJOTaKJ6db5qOGDWF3HDC76pqP_pzOujYhsqfqk_bvE8PZ5Kuzmd_mmuunhcqPbBteHScG72lzDUiiwvqngwE9V6BhYigKuhEKsf2Kpqt8GIsSB1xpzuHWDVgSbJo/s320/nice+min+pic.jpg" /></a>presenting our nation with an opportunity to consolidate the indigenisation of<br />our economy and facilitate real broad based economic empowerment. This<br />opportunity is being presented at a time when we are learning from western economies<br />in turmoil that no national economy is sustainable when it fails to guarantee its<br />majority people an equitable share in national wealth. Such lessons must<br />strengthen our resolve as we forge ahead with confidence on this path that<br />seeks to ensure that our nation’s wealth is restored to the majority indigenous<br />Zimbabweans who continue to be socio-economically deprived by the economic discrimination<br />inherited from colonialism.</div><div><br />The year 2011 witnessed our Government’sgenuine commitment to broad based economic empowerment of all indigenous<br />Zimbabweans without discrimination what so ever. The Mhondoro-Ngezi, Chegutu,<br />Zvimba Community Trust and Tongogara Community Trust are precedents of such<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjwmU0nkc-rvVenjse6WtUZjSwQGrIyy_Y-v6dACJpgKpUAWWlVNDNqlM0nyVQ2w_WxE9lltlthxqmDQLp4-TLVVrxy0Z5bu2f55YwYg_vJGFuVrC7UbvC74PDiIXWnlHdjoFy1GRDbgNWU/s1600/unki+pic.jpg"><img style="margin: 0px 0px 10px 10px; width: 234px; height: 129px; float: right; cursor: pointer;" id="BLOGGER_PHOTO_ID_5692606752376504674" border="0" alt="" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjwmU0nkc-rvVenjse6WtUZjSwQGrIyy_Y-v6dACJpgKpUAWWlVNDNqlM0nyVQ2w_WxE9lltlthxqmDQLp4-TLVVrxy0Z5bu2f55YwYg_vJGFuVrC7UbvC74PDiIXWnlHdjoFy1GRDbgNWU/s320/unki+pic.jpg" /></a><br />empowerment, guaranteeing local communities 10% shareholding in two mining<br />companies exploiting the world’s second largest platinum reserves. Zimbabwe’s<br />workers who have been the back bone of our economy, though long denied any real<br />fruit from their labour, are now being empowered through Employee Share Ownership<br />Schemes, the first of which have been established by Meikles and Schweppes to<br />the benefit of not less than 10 000 employees.<br /></div><div>Indigenisation has also been about prioritizing the opening up of new frontiers and opportunities for young<br />and emerging entrepreneurs whom we must ensure form the foundation of our indigenized<br />economy. In this regard a Youth Development Fund has to date made no less than<br />US$40 million available to young entrepreneurs, which funds have been placed<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjaHM0_GsDWnF9iNDQx87Q7IFC85q6YzWw_Xu8h58Bhm6_CFIzNiyz2WRHe9oPDeQ4USiiVnM9HsNwMaxLA1g0SYh-jdvzo4uB26cK_VXToJnLwh4DOrLbMLMrXYOqtAeE2_os0NI5tWO3n/s1600/old+mutual+pic+with+vp.jpg"><img style="margin: 0px 10px 10px 0px; width: 243px; height: 200px; float: left; cursor: pointer;" id="BLOGGER_PHOTO_ID_5692617703091160450" border="0" alt="" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjaHM0_GsDWnF9iNDQx87Q7IFC85q6YzWw_Xu8h58Bhm6_CFIzNiyz2WRHe9oPDeQ4USiiVnM9HsNwMaxLA1g0SYh-jdvzo4uB26cK_VXToJnLwh4DOrLbMLMrXYOqtAeE2_os0NI5tWO3n/s320/old+mutual+pic+with+vp.jpg" /></a><br />under transparent co-management between the Ministry of Youth Development,<br />Indigenisation and Empowerment and reputable financial institutions such as Stanbic<br />Bank, CBZ and CABS. The Government of Zimbabwe has also set aside funds foryouth empowerment and job creation in its recent 2012 budget. Indeed we are ontrack with regard to ensuring the economic empowerment of our youths and injection of new <a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjaTnwgRI9QFANKBwsrluKLEZqR5qMlKwsUzeNHmIPrEjWTt5wGOFSJplRrdpn-a9t08q8eZtxZdH1cIr_67sPdpKZl7P7zXA8tY3BESXdyZR7xGQGMGWvBtD41Kw9JvIcLMwtUFN_HXShE/s1600/youths+of+zim+pic.jpg"><img style="margin: 0px 0px 10px 10px; width: 175px; height: 106px; float: right; cursor: pointer;" id="BLOGGER_PHOTO_ID_5692607200904461106" border="0" alt="" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjaTnwgRI9QFANKBwsrluKLEZqR5qMlKwsUzeNHmIPrEjWTt5wGOFSJplRrdpn-a9t08q8eZtxZdH1cIr_67sPdpKZl7P7zXA8tY3BESXdyZR7xGQGMGWvBtD41Kw9JvIcLMwtUFN_HXShE/s320/youths+of+zim+pic.jpg" /></a>entrepreneurs into the foundation of our economy. 2012 shall see us prioritize the capacity building of our youths, ensuring that they are endowed with the necessary entrepreneurial and business management skills to<br />guarantee their successful economic empowerment.</div><div><br />Civil servants, who have long expressed discontent over inadequate salaries, must begin to identify and pursue opportunities arising from their government’s economic empowerment<br />initiatives. Indeed their various associations can become vehicles for investing<br />in the economy, cushioning themselves from the current socio-economic challenges still being addressed by the government. Women too must take centre stage, as their resourcefulness has long proved them capability to positively define our economy, more-so when targeted as beneficiaries of economic empowerment. Where women come together and are motivated toward a common goal we have seen enough precedent of women entrepreneurship. Why should we not see women in mining,tourism, banking or manufacturing industries?<br /></div><div>Our role as Government shall be to ensure that all our people, from whatever background are provided with the conduciveenvironment to successfully empower themselves economically. We shall thereforebe looking to the banking sector, especially non-indigenous banks, to open up attainable capital to indigenous entrepreneurs, while endeavoring to guarantee our indigenous<br />banks the rehabilitative support to ensure their stability and capacity toremain pillars for economic growth spurred by indigenous Zimbabweans. We shall also expect to see the National Indigenisation and Economic Empowerment Fund (NIEEF), our model of a sovereign wealth fund, play a more defined role in ensuring economic empowerment across the whole country.<br /></div><div>2012 must see us pursue our people’s economic empowerment always with the understanding that it is only when the majority indigenous Zimbabweans own and participate in their national economy that such economy will grow in a sustainable manner. Such growth, pursued<br />within the socio-economic harmony achieved when the majority is guaranteed an<br />equitable share in their national economy, will become more appealing to<br />foreign investors whose investments are best secured by indigenous Zimbabweans<br />with whom they will partner.</div><div> </div><div> May our 2012 resolution then be that Zimbabweans find a unity of purpose, an unwavering commitment to safeguard and see through thesuccessful implementation of indigenisation and economic empowerment toguarantee our economic prosperity and with it socio-economic development and rights for generations of Zimbabweans to come.</div><div><br />Minister Saviour Kasukuwere<br />Ministry of Youth Development,<br />Indigenisation and Empowerment.</div></div></div></div></div>Emilia rkmhttp://www.blogger.com/profile/04324241412489879685noreply@blogger.comtag:blogger.com,1999:blog-3625974275361497219.post-45048477774745870232011-11-24T22:45:00.006+02:002012-04-21T20:35:38.189+02:00Unki Mine - Anglo America Cedes 10% equity and USD10 million to the Community Trust.<div><div>History was made in Shurugwi yesterday.HE President Mugabe officially inaugurated the Tongogara Commnity Share Ownership Trust.The day happens to be the same ,34 years ago when Ian Smith bombed Chimoio.We are reminded about the struggle for independence .We make no apology when it comes to the empowerment of our people.Shurugwi will never be the same again.<br />
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</b></div><div style="text-align: center;"><span class="Apple-style-span" style="background-color: white; color: #333333; font-family: 'lucida grande', tahoma, verdana, arial, sans-serif; font-size: 11px; line-height: 14px;"><b>July Ndlovhu Unki Chairman handing over US 10 million cheque to President Mugabe & Hon. Saviour Kasukuwere</b></span></div><br />
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</div><div style="text-align: center;"><span class="Apple-style-span" style="background-color: white; color: #333333; font-family: 'lucida grande', tahoma, verdana, arial, sans-serif; font-size: 11px; line-height: 14px;">Signing ceremony- Anglo American signing the community share ownership trust documents with local chiefs.</span></div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjD4BRzfXsl2K209-w6cNQOLj8BBp9yBXpxlcwwjSlCY48f1OHbdhuCjjrUSY9e0UKYzMd9IAhyphenhyphenOJP_8KW5y6q0iNAZnudf_7XSEmYkpxVnp5vZ8q5fnxmc8M0PxWKSogKtCVLNs1nEFMo/s1600/312277_284011701637119_189343554437268_793747_607809201_n.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="297" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjD4BRzfXsl2K209-w6cNQOLj8BBp9yBXpxlcwwjSlCY48f1OHbdhuCjjrUSY9e0UKYzMd9IAhyphenhyphenOJP_8KW5y6q0iNAZnudf_7XSEmYkpxVnp5vZ8q5fnxmc8M0PxWKSogKtCVLNs1nEFMo/s400/312277_284011701637119_189343554437268_793747_607809201_n.jpg" width="400" /></a></div><div class="separator" style="clear: both; text-align: center;"><br />
</div><div class="separator" style="clear: both; text-align: center;"><span class="Apple-style-span" style="background-color: white; color: #333333; font-family: 'lucida grande', tahoma, verdana, arial, sans-serif; font-size: 11px; line-height: 14px;">July Ndlovhu Unki Chairman handing over US 10 million cheque to President Mugabe</span></div><div class="separator" style="clear: both; text-align: center;"><span class="Apple-style-span" style="background-color: white; color: #333333; font-family: 'lucida grande', tahoma, verdana, arial, sans-serif; font-size: 11px; line-height: 14px;"><br />
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</span></div><div style="text-align: center;"><span class="Apple-style-span" style="background-color: white; color: #333333; font-family: 'lucida grande', tahoma, verdana, arial, sans-serif; font-size: 11px; line-height: 14px;">Shurugwi Local community celebrating the US $10 million community trust handover from Unki Mine</span></div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi71r7ytEScx4iJUWBgS-MtDS7DKX0A-Lh4yC4nmfUGYTPYSyOD2XpcUYLvNyTY1OTM5DwjHGPilkCYkJ7pRWH0j6XttiHf1Iy-lo4TLAa0BuUf22eUvNDNrnvajoHjiNKk6oXZphEakXQ/s1600/382576_284011434970479_189343554437268_793740_114179181_n.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="297" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi71r7ytEScx4iJUWBgS-MtDS7DKX0A-Lh4yC4nmfUGYTPYSyOD2XpcUYLvNyTY1OTM5DwjHGPilkCYkJ7pRWH0j6XttiHf1Iy-lo4TLAa0BuUf22eUvNDNrnvajoHjiNKk6oXZphEakXQ/s400/382576_284011434970479_189343554437268_793740_114179181_n.jpg" width="400" /></a></div><div style="text-align: center;"><span class="Apple-style-span" style="background-color: white; color: #333333; font-family: 'lucida grande', tahoma, verdana, arial, sans-serif; font-size: 11px; line-height: 14px;"><br />
</span></div></div></div>Emilia rkmhttp://www.blogger.com/profile/04324241412489879685noreply@blogger.comtag:blogger.com,1999:blog-3625974275361497219.post-85046837886788763512011-11-23T03:02:00.000+02:002012-04-21T20:35:01.911+02:00Hon. Minister Kasukuwere to launch Unki Tongogara Community Share Trust scheme<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjXG-yN5c7wPaUcta0B0I3nvGSn5vmcp9lnmehEGEu1ROGzM2aIS7m7SuTAXWtJPaQNs6OGPgg2MWU7z-YVu9XiWBWVzs1guB9M4MoavcmabMhd7xbLJh_qR1kuS1dhapUYBpnToSYHUPs/s1600/26527_103044443070846_100000958731331_22998_352632_n.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" height="320" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjXG-yN5c7wPaUcta0B0I3nvGSn5vmcp9lnmehEGEu1ROGzM2aIS7m7SuTAXWtJPaQNs6OGPgg2MWU7z-YVu9XiWBWVzs1guB9M4MoavcmabMhd7xbLJh_qR1kuS1dhapUYBpnToSYHUPs/s320/26527_103044443070846_100000958731331_22998_352632_n.jpg" width="302" /></a></div>We will be proceeding to Shurugwi ,Midlands in the morning to launch Unki Tongogara Community Share Trust scheme.HE President Mugabe will officiate as we achieve another milestone in the empowerment drive.We are happy that we have received maximum cooperation from the Anglo team and the entire leadership of the Midlands and Shurugwi chiefs in particular.<br />
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Youth Empowerment continues as key priority in our efforts as the ministry.I am pleased after discussing with the Finance Minister that the message coming from the youth has been heard.I am confident that we will make you VERY VERY happy.We intend to grow the Youth Fund beyond the current amounts.I will not want to let the cat out of the bag,but be assured its YOUTH TIME.However,we require hardwork,honesty and dignity.Its not just the availability of resources that will drive your success,but your own entrepreneurial spirit,industry and dedication.<br />
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We intend to intensify capacity building among the youth and skills development.Those who want to participate in building a developing nation,this is the time.Unknownnoreply@blogger.comtag:blogger.com,1999:blog-3625974275361497219.post-65413982358837934152011-11-16T17:32:00.018+02:002012-04-21T20:34:15.482+02:00ADDRESS BY HONORABLE MINISTER SAVIOUR KASUKUWERE AT THE AFRICA YOUTH DAY COMMEMORATION AND LAUNCH OF THE $10MILLION OLD MUTUAL YOUTH DEVELOPMENT FUND.<div><div><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEidVgD6VkJJKZV2L4jtaYRLtWeDK6NMA4Klh_dGZ4aS8ru4jjR55WVGU-7lDMCIT9YQlkhv4GTaRxjpw7E9B6amLyzzIDwDd572-024SJAE3pBH6_v2u3Jl_Yf-ELGFle13gV15ENUD4_xY/s1600/019.JPG"><img alt="" border="0" height="400" id="BLOGGER_PHOTO_ID_5675623096537576450" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEidVgD6VkJJKZV2L4jtaYRLtWeDK6NMA4Klh_dGZ4aS8ru4jjR55WVGU-7lDMCIT9YQlkhv4GTaRxjpw7E9B6amLyzzIDwDd572-024SJAE3pBH6_v2u3Jl_Yf-ELGFle13gV15ENUD4_xY/s400/019.JPG" style="float: left; height: 320px; margin-bottom: 10px; margin-left: 0px; margin-right: 10px; margin-top: 0px; width: 240px;" width="300" /></a></div><div></div><div></div><div><br />
<div class="MsoNormal" style="background-attachment: initial; background-clip: initial; background-color: white; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; margin-bottom: 0.0001pt;">Director of Ceremonies<br />
The Vice President of the Republic of Zimbabwe,<o:p></o:p></div><div class="MsoNormal" style="background-attachment: initial; background-clip: initial; background-color: white; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; margin-bottom: 0.0001pt;">Amai J. T. Mujuru<br />
The Honourable Deputy Prime Minister of the Republic of Zimbabwe,<o:p></o:p></div><div class="MsoNormal" style="background-attachment: initial; background-clip: initial; background-color: white; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; margin-bottom: 0.0001pt;">Professor A. O.G.Mutambara<br />
Honourable Government Ministers<br />
Acting Secretary for Youth Development, Indigenisation and Empowerment, Mr. G.Magosvongwe<br />
Your Excellencies Members of the Diplomatic Corps<br />
Honourable Members of Parliament<br />
Senior Government Officials here present<o:p></o:p></div><div class="MsoNormal" style="background-attachment: initial; background-clip: initial; background-color: white; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; margin-bottom: 0.0001pt;">Representatives of our Development Partners<br />
Chairman –Zimbabwe Youth Council and Board Members<o:p></o:p></div><div class="MsoNormal" style="background-attachment: initial; background-clip: initial; background-color: white; background-image: initial; background-origin: initial; background-position: initial initial; background-repeat: initial initial; margin-bottom: 0.0001pt;">Youth Representatives<br />
Invited Guests, Ladies and gentlemen<br />
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<b style="font-family: Verdana; text-align: center;"> VP Joyce Mujuru receives cheque from Old Mutual CEO Luke Ngwerume</b><br />
<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi5lWEQlehm-KDQe4izATec3Ly2kRPc1L6c5e2HNNC2LlP5V6yY7luORi6evEHaXLGM4h6AJIVhxd6r2UqCOEkY6TqnXKS9o4SMFBbOGCs1wYEPXjG9f5eSBLQ9WD-S1J83k7hv2xuIrLM/s1600/saviour+kasukuwere+VP+Mujuru+receives+cheque+from+Old+Mutual+CEO+Luke+Ngwerume.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" height="250" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi5lWEQlehm-KDQe4izATec3Ly2kRPc1L6c5e2HNNC2LlP5V6yY7luORi6evEHaXLGM4h6AJIVhxd6r2UqCOEkY6TqnXKS9o4SMFBbOGCs1wYEPXjG9f5eSBLQ9WD-S1J83k7hv2xuIrLM/s400/saviour+kasukuwere+VP+Mujuru+receives+cheque+from+Old+Mutual+CEO+Luke+Ngwerume.jpg" width="400" /></a></div><br />
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It is my pleasure and honour to make a few remarks today as we commemorate Africa Youth Day under the theme, ‘Accelerating Youth Empowerment for Sustainable Development’. This is the fifth year since the AfricanUnion declared November 1 as Africa Day to recognise the importance and benefits of youth participation in national development and peace building initiatives in Africa. In many countries in Africa, youngpeople have been at the forefront of initiatives that drive for change in order to attain peace, unity and development. In Zimbabwe, it was young men and women who made the decision to give up schooling and mobilize others in order to ensure liberation of all Zimbabweans. So, today, as we commemorate Africa Youth Day, I would like us to focus on what the day means for us and how we can pursue our national goals.<br />
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FIRST, all young Zimbabweans must reaffirm their national commitment to promote and protect their social, political and economic rights as well as to address the inherent challenges facing young people today.<br />
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The 3 main goals for youth and all Zimbabweans are to promote peace, unity and development. The purpose for our liberation struggle was to achieve these three goals. Our National Emblem reminds that we must pursue these goals in all our actions and interactions as Zimbabweans.<br />
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However, today, young Zimbabweans face serious challenges in achieving these 3 goals.<br />
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Unemployment is the greatest challenge facing Zimbabwean youth. More than 50 percent of children who register for grade one do not pass or complete Grade 7. Moreover, more than 80 percent of those who make it to secondary school do not register for lower fifth. Over 300,000 young people drop out of school each year.<br />
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Out of a total population of 14.5 million Zimbabweans, there are more than 6 million young Zimbabweans who are not enjoying the fruits of if their young predecessors. Many are roamingon the streets of towns and villages throughout the country. They are not invisible, but they are visible by their idleness, by not having clear goals for their lives and most importantly by their inability to support themselves and their families. They have no reason to be happy and proud. They are unable to make<br />
decisions to help themselves. This is a shameful situation for all Zimbabweans.<br />
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Another sign of youth poverty is that they are vulnerable to violence. We have seen in recent weeks the increasing number of incidences of violence. The reason is because many are idle and not employed. They have become vulnerable to the whims of cheap politicians who hope to gain support through violence.<br />
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Violence will deter youth from reaching their goals. Violence damages relations between youth and threatens the unity that is needed in order to live in harmony and engage in jobs or income generating activities.<br />
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It is very difficult to repair the damage caused by violence once it has happened. I am therefore appealing to all youth to make conscious decisions to shun violence. Say NO to any situation<br />
that leads to violence. Work hard on being tolerant of each other. Openly discourage perpetrators. Refuse to be involved. Name the perpetrators. Disgrace them.<br />
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My SECOND point today is to urge young people to direct themselves to opportunities for becoming self employed or to become employed. There are great many opportunities for youth to become<br />
entrepreneurs in all sectors.<br />
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The mandate of the Ministry of Youth Development, Indigenisation and Empowerment is to ensure that all young Zimbabweans are able to be economically empowered through entrepreneurship and business development. Youth face challenges of not having the right knowledge and skills to start businesses and also not having equipment and loans to run their businesses.<br />
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My Ministry has programmes to help youth identify viable businesses in the areas where they live. We also have training programmes to provide skills to youth so they are able to start their<br />
businesses. Training provides the basic skills for empowerment. Youth skills’ training is either at Vocational Training Centres or in the places where youth live. The programmes try to reach every ward in Zimbabwe.<br />
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In addition, my Ministry helps young people start businesses and also join cooperatives and savings clubs to better manage the income.<br />
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Most importantly, the Ministry has established Youth Development Fund (called YDF) to help give credit and loans to young people to start and grow their businesses. Since we started the YDF 3 years ago, several young people have benefitted. Many have grown their businesses and are becoming noticeably productive and respected members of their families and communities.<br />
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The YDF works with business and banking partners who commit their own funds to support youth businesses. Government is pleased with the progress so far.<br />
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TODAY we witness the launch of another successful partnership to add loan funds for Youth Empowerment. Old Mutual Private Limited has committed 11million dollars for Youth Economic<br />
Empowerment. This is a very significant amount that will see every province receive over 1million dollars to help youth business projects. This is indeed a major contribution.<br />
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On behalf of the Government of Zimbabwe, I wish to commend our greatest appreciation for the Old Mutual’s decision to partner with government. These funds make it possible to establish for MANY opportunities for youth business from being producers of basic products in mining and agriculture, to the millions of opportunities in manufacturing and processing of products – any products.<br />
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Given their energy, enthusiasm and innovativeness, young people have the potential to contribute immensely to the social and economic development of Zimbabwe. They must be placed at the<br />
forefront of building the economy of the country.<br />
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The Old Mutual Youth Empowerment Fund opens the doors to make it possible to engage in discussion and debates about where the best opportunities for the greatest number of youth businesses.We are able to ask the questions. How can youth be the drivers of the national economy while at the same time supporting their livelihoods? How can youth help eradicate poverty in Africa? Where should the greatest<br />
investments be in training, infrastructure, equipment, marketing, exports? What are the future industry scenarios that take into account youth as the major human resource?<br />
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I would like to take this opportunity to invite other businesses and financial institutions to partner with<br />
government programmes to empower youth and build Zimbabwe.<br />
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My Ministry, along with the National indigenisation and Economic Empowerment Board, has recently approached the Ministry of Finance to activate a levy in order to generate additional funds to<br />
the youth empowerment programme. I hope to secure cooperation and concurrence from the Ministry of Finance by the end of next week in order to provide a viable platform to financially empower youth across the whole nation and across the political divide. The Inclusive Government owes the youths of this country such a redeeming economic dispensation. There are no options about it.<br />
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IN CLOSING, I wish to thank all those who have attended this important day. This includes representatives of businesses, tertiary institutions, youth associations, students, and youth from all walks of life. I also wish to thank all Government Ministries and Departments that have joined us today.<br />
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We commend our partners in Old Mutual for their commitment and dedication during the whole preparatory process prior to this great launch of the Youth Development Fund.<br />
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Finally, I wish to wholeheartedly appreciate the efforts of the many individuals and organizations that are supporting youth development and empowerment efforts. It is through such cooperation that we can achieve the goals of peace, unity and development that have persisted for so long among Zimbabweans.<br />
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I THANK YOU.<o:p></o:p></div><div class="MsoNormal"><br />
</div><div class="MsoNormal"><o:p></o:p></div><div class="MsoNormal" style="background-attachment: initial; background-clip: initial; background-color: white; background-image: initial; background-origin: initial; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 14px; line-height: 14.25pt; margin-bottom: 0in;"><span style="font-family: 'Microsoft Tai Le', sans-serif; font-size: 10.5pt;"><b>Honorable Saviour Kasukuwere (M.P)<o:p></o:p></b></span></div><div class="MsoNormal" style="background-attachment: initial; background-clip: initial; background-color: white; background-image: initial; background-origin: initial; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 14px; line-height: 14.25pt; margin-bottom: 0in;"><span style="font-family: 'Microsoft Tai Le', sans-serif; font-size: 10.5pt;"><b>Zimbabwe Minister of Youth, Indigenisation and Empowerment</b></span></div><br />
</div></div>Emilia rkmhttp://www.blogger.com/profile/04324241412489879685noreply@blogger.comtag:blogger.com,1999:blog-3625974275361497219.post-47534854526010643752011-11-14T23:19:00.006+02:002012-04-21T20:35:01.751+02:00Invitation to the AFRICA YOUTH DAY COMMEMORATIONS.16 NOVEMBER 2011 HARARE INTERNATIONAL CONFERENCE CENTRE (HICC).<div></div><div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhc5vlxuRtiU_9nk9_OUjvPNNz9t6QqGuRRBnPFJ9Spivh8gZAWtMdI7bIna3hlFrDeQnMsQykE5bmvyv8YYhJxZrki5JG7EcABqjwbCasa_foPRRAB1dYrB_RHoOf7ntknjlOKk-VYl6s/s1600/saviour_kasukuwere_biography_zimbabwe_minister_of_youth_indeginisation.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhc5vlxuRtiU_9nk9_OUjvPNNz9t6QqGuRRBnPFJ9Spivh8gZAWtMdI7bIna3hlFrDeQnMsQykE5bmvyv8YYhJxZrki5JG7EcABqjwbCasa_foPRRAB1dYrB_RHoOf7ntknjlOKk-VYl6s/s1600/saviour_kasukuwere_biography_zimbabwe_minister_of_youth_indeginisation.jpg" /></a></div><br />
<div class="MsoNormal"><span style="font-family: Calibri, sans-serif; font-size: 11pt;">On Wednesday we will be gathering at the HICC Rainbow Hotel to hold a belated Africa Youth Day celebrations and the launch of the Youth Fund. Let's attend the celebrations and be part of history as our determination to ensure that indigenisation and empowerment efforts succeed.The youth are our biggest asset as a nation and they are going to be central in developing our national economy.<o:p></o:p></span></div><div class="MsoNormal"><span style="font-family: Calibri, sans-serif; font-size: 11pt;">We will continue to work tirelessly to raise funding for the empowerment of the energetic youths of Zimbabwe.As l have often said,the young Zimbabweans are what any serious nation needs to achieve economic independence.Smart,educated and brave the skills base is awesome and must be harnessed for the national good,with the right support and focus it wont be long before we talk of serious entrepreneurs emerging within these great people. I am certain that the youths have what it takes and can be relied upon to make our nation a proud country.However we must support them,ensure that banking institutions embrace youth empowerment.It is through empowerment that we can create jobs ,it is through the youths that we can have strong domestic investors who can match entrepreneurs the world over.We have done it before and we can do it again,history repeats itself.It was the young generation that fought for the liberation of our country and it will be the young again who must grow the food,till the land ,mine the gold ,break the rocks and build new roads,manufacture the latest phones and challenge the world.<o:p></o:p></span></div><div class="MsoNormal"><span style="font-family: Calibri, sans-serif; font-size: 11pt;"><br />
</span></div><div class="MsoNormal"><span style="font-family: Calibri, sans-serif; font-size: 11pt;">Today you might be misunderstood and abused,but lets have the indomitable Zimbabwean spirit.....never die attitude.The $10million dollar fund,well managed and rolled over again and again,will definitely open a whole world of opportunities for our youths.It's a generational responsibility and l have no doubt that out there there are lions and lionesses ready to get out economy back on her feet and expand it.<o:p></o:p></span></div><div class="MsoNormal"><span style="font-family: Calibri, sans-serif; font-size: 11pt;"><br />
</span></div><div class="MsoNormal"><span style="font-family: Calibri, sans-serif; font-size: 11pt;">The efforts being made are not without challenges and serious undermining.I must admit ,a GNU while necessary to stabilise our nation,is however not ideologically prepared to take the painful decisions that can uplift our young people.Too much backstabbing,lack of foresight and crude attempts to acquire power at the expense of the young,is very very sad.Lets do the right thing and give our youths hope and opportunity.They want to grow healthy and happy families ,they want to be given an opportunity to own property and clothe their offspring.We owe it to them not to some foreign power who are irrelevant when it comes to our people.Construction of policies that do not speak to the people and are essentially elitist and unrealistic can not be entertained anymore.<o:p></o:p></span></div><div class="MsoNormal"><span style="font-family: Calibri, sans-serif; font-size: 11pt;">The youths must be empowered and let's stop being slaves of other people and insult ourselves because we think we are inadequate.NOW we can do it and the youths ,do me a favor just rise to the occasion,let's shame the detractors.<o:p></o:p></span></div><div class="MsoNormal"><span style="font-family: Calibri, sans-serif; font-size: 11pt;"><br />
</span></div><div class="MsoNormal"><span style="font-family: Calibri, sans-serif; font-size: 11pt;">Enough punishment has been meted out to the young and its time you get the bearings right.Empowerment and indigenisation is yours.It's about the youths ,it's about your current and future well being.Don't make any apology about it,the country is yours and you have a duty to work,develop and be in better circumstances in your Zimbabwe.<o:p></o:p></span></div><div class="MsoNormal"><span style="font-family: Calibri, sans-serif; font-size: 11pt;"><br />
</span></div><div class="MsoNormal"><span style="font-family: Calibri, sans-serif; font-size: 11pt;">On Wednesday all the youths irrespective of your political persuasion,come and let's build a common future based on enterprise,hard work ,honesty and dignity among the youths.Through empowerment let's create the jobs,it can't be the other way round...in other words an empowered people can create jobs for themselves and others not the failed American Jobs Act policy.Izvo zvekukopa izvi zvinonetsa!<o:p></o:p></span></div><div class="MsoNormal"><span style="font-family: Calibri, sans-serif; font-size: 11pt;"><br />
</span></div><div class="MsoNormal"><span style="font-family: Calibri, sans-serif; font-size: 11pt;">Let me share again,imagine the amount of roads this country must develop for us to compete with other first world countries,the buildings we must build,the food we must grow and export.The industry we should set up ,manufacturing,the banks ,tele networks etc... it all requires dreamers amongst our young people.Fear fear itself.<o:p></o:p></span></div><div class="MsoNormal"><span style="font-family: Calibri, sans-serif; font-size: 11pt;"><br />
</span></div><div class="MsoNormal"><span style="font-family: Calibri, sans-serif; font-size: 11pt;">And lastly,VIOLENCE is unacceptable in whatever form,be it physical,emotional or otherwise.No to fighting over nothing,get busy and build your future.Your words must build and not inflame or promote hatred . Lets meet on Wednesday,BE THERE AT THE HICC Rainbow.Its your day !!!!<o:p></o:p></span></div><div class="MsoNormal"><br />
</div></div>Emilia rkmhttp://www.blogger.com/profile/04324241412489879685noreply@blogger.comtag:blogger.com,1999:blog-3625974275361497219.post-36619441456882562572011-11-13T13:19:00.012+02:002012-04-21T20:35:01.682+02:00Zimbabwe Indigenisation moves to the Manufacturing Sector<div><div><span class="Apple-style-span" style="background-color: white; font-family: 'Microsoft Tai Le', sans-serif; font-size: 14px; line-height: 18px;"><b>1 November 2011</b></span><br />
<div class="MsoNormal" style="background: white; line-height: 14.25pt; margin-bottom: .0001pt; margin-bottom: 0in;"><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhQa1GcPouDLxsKnbMktaBxmRijsWEkNLkwS1j7g1bT5lwkvvkTC-yzxdIE_OEBUCZjC1-8wNCv3Qz17j7fEW9cU0OmAt1NNtedgYhmt3xYE49AMJcrcWCur14CQwnAe2LmbHbkBfQA37k/s1600/kasukuwere.jpg" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" height="292" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhQa1GcPouDLxsKnbMktaBxmRijsWEkNLkwS1j7g1bT5lwkvvkTC-yzxdIE_OEBUCZjC1-8wNCv3Qz17j7fEW9cU0OmAt1NNtedgYhmt3xYE49AMJcrcWCur14CQwnAe2LmbHbkBfQA37k/s400/kasukuwere.jpg" width="400" /></a></div><span style="font-family: 'Microsoft Tai Le', sans-serif; font-size: 10.5pt;"><b><br />
PRESS STATEMENT BY THE MINISTER OF YOUTH DEVELOPMENT, INDIGENISATION AND EMPOWERMENT,HONOURABLE SA VIOUR KASUKUWERE (MP) ON THE PUBLICATION OF THE SECTOR SPECIFIC FRAMEWORK FOR INDIGENISATION IN THE MANUFACTURING SECTOR.</b><br />
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The indigenisation and economic empowerment programme seeks to create opportunities for increased participation by indigenous Zimbabweans in the mainstream economy.<br />
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The Indigenisation and Economic Empowerment Regulations of 2010 provide the general operational guidelines forimplementing the indigenisation and economic empowerment legislation in Zimbabwe. These regulations require that I gazette sector-specific notices laying out the minimum requirements for indigenisation in the various sectors of the economy.<br />
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In terms of the above, I would like to inform the public that, on 28 October 2011, I gazetted the sector specific notice for the manufacturing sector, namely General Notice 459 of 2011. This notice lays out the minimum requirements for indigenisation of businesses in the manufacturing sector.<br />
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General Notice 459 prescribes the following:<br />
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All businesses in the manufacturing sector with a net asset value of at least $ 100 000 shall comply with the indigenisation and economic empowerment legislation.<o:p></o:p></span></div><div class="MsoNormal" style="background: white; line-height: 14.25pt; margin-bottom: .0001pt; margin-bottom: 0in;"><br />
</div><div class="MsoNormal" style="background: white; line-height: 14.25pt; margin-bottom: .0001pt; margin-bottom: 0in;"><span style="font-family: 'Microsoft Tai Le', sans-serif; font-size: 10.5pt;">There shall be a lesser share of 26% indigenous shareholding.<o:p></o:p></span></div><div class="MsoNormal" style="background: white; line-height: 14.25pt; margin-bottom: .0001pt; margin-bottom: 0in;"><br />
</div><div class="MsoNormal" style="background: white; line-height: 14.25pt; margin-bottom: .0001pt; margin-bottom: 0in;"><span style="font-family: 'Microsoft Tai Le', sans-serif; font-size: 10.5pt;">Businesses have to comply with the 51% indigenous shareholding requirement over a period of 4 years from the date of publication of the General Notice.<o:p></o:p></span></div><div class="MsoNormal" style="background: white; line-height: 14.25pt; margin-bottom: .0001pt; margin-bottom: 0in;"><span style="font-family: 'Microsoft Tai Le', sans-serif; font-size: 10.5pt;"><br />
The following are the annual indigenisation targets:<br />
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<b>Year 1: 26% indigenous shareholding.<br />
Year 2: 36% indigenous shareholding.<br />
Year 3: 46% indigenous shareholding.<br />
Year 4: 51% indigenous shareholding.</b><br />
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Eligible businesses are expected to submit their Indigenisation Implementation Plans within 45 days from the date of publication of General Notice 459 of 2011 in terms of section 5 (6) of the Indigenisation and Economic Empowerment (General) Regulations 2010, as amended.<br />
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General Notices on the remaining sectors will be published in due course.<br />
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Honorable Saviour Kasukuwere (M.P)<o:p></o:p></b></span></div><div class="MsoNormal" style="background: white; line-height: 14.25pt; margin-bottom: .0001pt; margin-bottom: 0in;"><span style="font-family: 'Microsoft Tai Le', sans-serif; font-size: 10.5pt;"><b>Zimbabwe Minister of Youth, Indigenisation and Empowerment</b><o:p></o:p></span></div><div class="MsoNormal" style="background: white; line-height: 14.25pt; margin-bottom: .0001pt; margin-bottom: 0in;"><span style="font-family: 'Microsoft Tai Le', sans-serif; font-size: 10.5pt;"><br />
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</div></div></div>Emilia rkmhttp://www.blogger.com/profile/04324241412489879685noreply@blogger.comtag:blogger.com,1999:blog-3625974275361497219.post-80486734776364082712011-11-10T06:21:00.001+02:002012-04-21T20:35:21.472+02:00Minister Kasukuwere Responds to MDC President Morgan Tsvangirai Statement on Violence<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhB0Mp23b6FPaVBIkJpvtfzjMxqKoO6ef6iEByHuAnnaXnU47lDpCI-A5PWvuFMtBbY63UKZiT0P3HX2nUWpH9hLzhemvrxe_vUnAeNee5g76O_3NUgnf4Rbvz8VknSWI785qFR6ZAJzzA/s1600/%252C+Youth+Development%252C+Indigenisation+and+Empowerment+Minister+Saviour+Kasukuwere.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhB0Mp23b6FPaVBIkJpvtfzjMxqKoO6ef6iEByHuAnnaXnU47lDpCI-A5PWvuFMtBbY63UKZiT0P3HX2nUWpH9hLzhemvrxe_vUnAeNee5g76O_3NUgnf4Rbvz8VknSWI785qFR6ZAJzzA/s1600/%252C+Youth+Development%252C+Indigenisation+and+Empowerment+Minister+Saviour+Kasukuwere.jpg" /></a></div><div class="MsoNormal"><span style="font-family: 'Microsoft JhengHei', sans-serif;">A recent press statement by the MDC President Morgan Tsvangirai alleging that l participated or organized the violence that took place in Chitungwiza on Sunday,is completely false and an unfair attack on me. I have since approached him and he has assured me that he will check with his sources and take the necessary action to put the the record straight.</span></div><div class="MsoNormal"><span style="font-family: 'Microsoft JhengHei', sans-serif;"><br />
On my part, I travelled to Mutare with Hwata and the entire day l was attending to my business in Mutare. It is unfortunate that malice will drive people to accuse others or make baseless and unfounded allegations. I will defend myself on this allegation and l will get my name cleared. Its been a very painful moment to have such allegations labelled on me by the MDC President. I hope we will all be matured enough to handle this matter in a manner that is honest and fair. I am sure the PM will have the integrity of stating publicly his findings.</span></div><div class="MsoNormal"><span style="font-family: 'Microsoft JhengHei', sans-serif;"><br />
My stance is clear: Violence is unnecessary and must be condemned.Young people must not allow themselves to be instruments of destruction and aggression. Differences must not be resolved in violent confrontation and the events of last weekend are unnecessary.</span><br />
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I wish a speedy recovery to all the young people who were affected and call upon the law enforcement authorities to bring the culprits to book.<o:p></o:p></span><br />
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<span style="background-color: white; font-family: 'Microsoft Tai Le', sans-serif; font-size: 13.5pt;">Hon Saviour Kasukuwere <o:p></o:p></span><br />
<div style="background-color: white; font-family: Arial, Tahoma, Helvetica, FreeSans, sans-serif; font-size: 14px; line-height: 19px; margin-bottom: 0in; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-family: 'Microsoft Tai Le', sans-serif; font-size: 13.5pt;">Minister of Youth, Indigenisation and Empowerment</span></div></div>Unknownnoreply@blogger.comtag:blogger.com,1999:blog-3625974275361497219.post-63164888107492272642011-11-07T21:20:00.008+02:002012-04-21T20:35:01.805+02:00The Young People's Festival: Africa Unity Square- 5 October 2011<div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhPpNtQTI6hGdFrdXJG5-iD13GS66AVWgIuDbPzpq-SxTqiUJ4VvArf7sndtWzOUXmt1ipA9YAwjPk4TwpS3Vv9pqDLUPsodUO4NKEi9869S8Ek3EltCbCd7vBlgIVJpKm_dio239TaSjE/s1600/260258_209830545725568_100000958731331_547752_1473907_n.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" height="225" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhPpNtQTI6hGdFrdXJG5-iD13GS66AVWgIuDbPzpq-SxTqiUJ4VvArf7sndtWzOUXmt1ipA9YAwjPk4TwpS3Vv9pqDLUPsodUO4NKEi9869S8Ek3EltCbCd7vBlgIVJpKm_dio239TaSjE/s400/260258_209830545725568_100000958731331_547752_1473907_n.jpg" width="400" /></a></div><br />
<div style="margin-bottom: .0001pt; margin: 0in;"><em><span style="color: #0070c0; font-family: 'Microsoft Tai Le', sans-serif; font-style: normal;">The Minister of Youth Development, Indigenisation and Empowerment, Honourable Saviour Kasukuwere was asked to give an address at the "Young people's Youth Festival" at the memorial Africa Unity Square in Harare. Below is the address the Minister gave to the youths present, it remains relevant to all Zimbabwean youths across the globe....</span></em><i><span style="color: #0070c0; font-family: 'Microsoft Tai Le', sans-serif;"><o:p></o:p></span></i></div><div style="margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><br />
</div><div style="margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-family: 'Microsoft Tai Le', sans-serif; font-size: 13.5pt;">SALUTATIONS<o:p></o:p></span></div><div style="margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><br />
</div><div style="margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-family: 'Microsoft Tai Le', sans-serif; font-size: 13.5pt;">The Hon Deputy Prime Minister, Thokozani Khupe<o:p></o:p></span></div><div style="margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><br />
</div><div style="margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-family: 'Microsoft Tai Le', sans-serif; font-size: 13.5pt;">The Hon. Junior President , Anesu Rangwani<o:p></o:p></span></div><div style="margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><br />
</div><div style="margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-family: 'Microsoft Tai Le', sans-serif; font-size: 13.5pt;">Resident Representative of UNFPA, Dr Tambashe<o:p></o:p></span></div><div style="margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><br />
</div><div style="margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-family: 'Microsoft Tai Le', sans-serif; font-size: 13.5pt;">Representatives of the Ministry of Health and Child Welfare<o:p></o:p></span></div><div style="margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><br />
</div><div style="margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-family: 'Microsoft Tai Le', sans-serif; font-size: 13.5pt;">Representatives of other Government ministries<o:p></o:p></span></div><div style="margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><br />
</div><div style="margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-family: 'Microsoft Tai Le', sans-serif; font-size: 13.5pt;">Representatives of the various NGOs<o:p></o:p></span></div><div style="margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><br />
</div><div style="margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-family: 'Microsoft Tai Le', sans-serif; font-size: 13.5pt;">Invited guests<o:p></o:p></span></div><div style="margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><br />
</div><div style="margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-family: 'Microsoft Tai Le', sans-serif; font-size: 13.5pt;">Young women and men<o:p></o:p></span></div><div style="margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><br />
</div><div style="margin-bottom: .0001pt; margin: 0in;"><span style="font-family: 'Microsoft Tai Le', sans-serif; font-size: 13.5pt;">I am pleased to be invited to be part of the Young People’s Festival Campaign that is being held today. The idea of holding festivals resonates very positively in bringing together young people and the various supporting actors to confirm our collective commitment to building better lives for youth.<o:p></o:p></span></div><div style="margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><br />
</div><div style="margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-family: 'Microsoft Tai Le', sans-serif; font-size: 13.5pt;">Today’s theme ‘Ensuring that every child is wanted and every birth is safe’ is particularly significant as we acknowledge the world population of 7 billion recently attained.<o:p></o:p></span></div><div style="margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><br />
</div><div style="margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-family: 'Microsoft Tai Le', sans-serif; font-size: 13.5pt;">The theme also raises a few important points that I wish to share with you today:<o:p></o:p></span></div><div style="margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><br />
</div><div style="margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-family: 'Microsoft Tai Le', sans-serif; font-size: 13.5pt;">My First point relates to the excessively high numbers of children born to young people. Most births are unplanned. Many young parents are unprepared and unable to provide suitable care and support for them.<o:p></o:p></span></div><div style="margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><br />
</div><div style="margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-family: 'Microsoft Tai Le', sans-serif; font-size: 13.5pt;">Although we receive reports of some success, this situation persists despite the efforts of very many programmes and organizations throughout Zimbabwe.<o:p></o:p></span></div><div style="margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><br />
</div><div style="margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-family: 'Microsoft Tai Le', sans-serif; font-size: 13.5pt;">The greater efforts have been on imploring the personal responsibility that young people have on their own lives and the lives of their children.<o:p></o:p></span></div><div style="margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><br />
</div><div style="margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-family: 'Microsoft Tai Le', sans-serif; font-size: 13.5pt;">The key point is about being responsible. Being able to be responsible is a central aspect of youth empowerment. Being personally responsible means being able to make the right choices and the right decisions about ones life and those that you care for. It also means being able to do take the right<o:p></o:p></span></div><div style="margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-family: 'Microsoft Tai Le', sans-serif; font-size: 13.5pt;">actions to support your life and the lives of others.<o:p></o:p></span></div><div style="margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><br />
</div><div style="margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-family: 'Microsoft Tai Le', sans-serif; font-size: 13.5pt;">Therefore, for youth, the ability to have children goes hand in hand with the ability to be responsible.<o:p></o:p></span></div><div style="margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><br />
</div><div style="margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-family: 'Microsoft Tai Le', sans-serif; font-size: 13.5pt;">My ministry’s commitment to EMPOWERMENT means First, providing young people with opportunities to be able to acquire knowledge and skills to be responsible and to make the right choices ; and Secondly, to take action by supporting themselves economically.<o:p></o:p></span></div><div style="margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><br />
</div><div style="margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-family: 'Microsoft Tai Le', sans-serif; font-size: 13.5pt;">My Ministry works with several organizations to implement programmes for supporting healthy lives among young people. The major aim has been to foster good sexual and reproductive health behaviours among young. The success of these programmes rests on the extent to with youth believe and make safe and healthy choices.<o:p></o:p></span></div><div style="margin-bottom: .0001pt; margin: 0in;"><br />
</div><div style="margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-family: 'Microsoft Tai Le', sans-serif; font-size: 13.5pt;">This brings me to my Second point today which relates to the extremely high numbers of youth who are unemployed. Many have not acquired qualifications or skills and are therefore unable to become employed or to become self employed.<o:p></o:p></span></div><div style="margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><br />
</div><div style="margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-family: 'Microsoft Tai Le', sans-serif; font-size: 13.5pt;">The Government of Zimbabwe is committed to ensuring that every young person is able to support themselves and their families. We are emphasizing entrepreneurship as the major route to youth employment.<o:p></o:p></span></div><div style="margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><br />
</div><div style="margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-family: 'Microsoft Tai Le', sans-serif; font-size: 13.5pt;">My Ministry’s programmes focus on providing skills for entrepreneurship as well as to support business development among youth. The entrepreneurship programmes are offered to all types of youth – those with tertiary qualifications as well as those without.<o:p></o:p></span></div><div style="margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><br />
</div><div style="margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-family: 'Microsoft Tai Le', sans-serif; font-size: 13.5pt;">We work with several partner organizations to provide business training. One key agency is the Zimbabwe Youth Council who hold training workshops in partnership with various organizations. Many tertiary institutions also have included business training alongside their academic programmes.<o:p></o:p></span></div><div style="margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><br />
</div><div style="margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-family: 'Microsoft Tai Le', sans-serif; font-size: 13.5pt;">For those not in tertiary institutions we have short courses to develop skills<o:p></o:p></span></div><div style="margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-family: 'Microsoft Tai Le', sans-serif; font-size: 13.5pt;">competences and qualifications for particular products combined with business skills.<o:p></o:p></span></div><div style="margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><br />
</div><div style="margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-family: 'Microsoft Tai Le', sans-serif; font-size: 13.5pt;">My Ministry also partners with local banks to provide loans and credit to help<o:p></o:p></span></div><div style="margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-family: 'Microsoft Tai Le', sans-serif; font-size: 13.5pt;">young people start and grow businesses. We have a Youth Development Fund that has already helped several hundreds of youth become employers or be employed.<o:p></o:p></span></div><div style="margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><br />
</div><div style="margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-family: 'Microsoft Tai Le', sans-serif; font-size: 13.5pt;">We encourage youth to pursue entrepreneurship as the main opportunity for earning incomes to support themselves.<o:p></o:p></span></div><div style="margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><br />
</div><div style="margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-family: 'Microsoft Tai Le', sans-serif; font-size: 13.5pt;">Finally, I wish to acknowledge the work of several organizations and individuals working tirelessly to help Zimbabwe achieve better success with healthy lives. It is the hard effort, commitment and creativity of all of you that brings collective success.<o:p></o:p></span></div><div style="margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><br />
</div><div style="margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-family: 'Microsoft Tai Le', sans-serif; font-size: 13.5pt;">We wish to acknowledge the financial and other support that is essential for programmes to work. At the same time we acknowledge that much of the work is thankless and voluntary. To those people we say thank you and wish to encourage you for further work. We continue to seek and invite more partners in these very noble endeavours.<o:p></o:p></span></div><div style="margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><br />
</div><div style="margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-family: 'Microsoft Tai Le', sans-serif; font-size: 13.5pt;">To the organizers, I wish to congratulate you on the success of this Campaign.<o:p></o:p></span></div><div style="margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><br />
</div><div style="margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><span style="font-family: 'Microsoft Tai Le', sans-serif; font-size: 13.5pt;">I thank you.<o:p></o:p></span></div><div style="margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"><br />
</div><div style="margin-bottom: 0.0001pt; margin-left: 0in; margin-right: 0in; margin-top: 0in;"></div><span style="font-family: 'Microsoft Tai Le', sans-serif; font-size: 13.5pt;">Hon Saviour Kasukuwere <o:p></o:p></span><br />
<div style="margin-bottom: .0001pt; margin: 0in;"><span style="font-family: 'Microsoft Tai Le', sans-serif; font-size: 13.5pt;">Minister of Youth, Indigenisation and Empowerment<o:p></o:p></span></div><br />
</div>Emilia rkmhttp://www.blogger.com/profile/04324241412489879685noreply@blogger.comtag:blogger.com,1999:blog-3625974275361497219.post-60667765616432170642011-11-04T16:43:00.004+02:002012-04-21T20:35:01.799+02:00Honourable Saviour Kasukuwere's Speech at the Symposium on the Implications of the Korean Economic Development Experiences for Zimbabwe<div><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjxWoRvkDiOo9gxS27TQX_yA8eC21iCP-fz2x-BGlGJhIcUpi1dEUOj6X2SLwUfjApQhSmgcGiHcBztix9V46TbiTH_m4rJnB4gn_TqIK3q9jGsx0J2Qw5AWr_tp8v77dUQ9pdpcTqnQSh2/s1600/IMG_0042.JPG" style="margin-left: 1em; margin-right: 1em;"><img alt="" border="0" height="299" id="BLOGGER_PHOTO_ID_5671157490786661810" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjxWoRvkDiOo9gxS27TQX_yA8eC21iCP-fz2x-BGlGJhIcUpi1dEUOj6X2SLwUfjApQhSmgcGiHcBztix9V46TbiTH_m4rJnB4gn_TqIK3q9jGsx0J2Qw5AWr_tp8v77dUQ9pdpcTqnQSh2/s400/IMG_0042.JPG" style="float: right; margin-bottom: 10px; margin-left: 10px; margin-right: 0px; margin-top: 0px;" width="400" /></a></div><b>SPEECH BY THE HONOURABLE MINISTER OF YOUTH DEVELOPMENT, INDIGENISATION AND EMPOWERMENT AT THE HISTORY AND ECONOMIC DEVELOPMENT FORUM: YONSEI UNIVERSITY, REPUBLIC OF KOREA- SEOUL.</b><br />
<br />
<b> SALUTATIONS</b><br />
Professor Cho: Chairman – Yonsei University<br />
Deputy Minister Chidakwa: State Enterprises and Parastatals<br />
Distinguished Professors<br />
Ladies and Gentlemen<br />
<br />
Having already spent at least four days in Korea and seen what your country has achieved, from its hardships to economic prosperity, I have had my resolve in seeing my own country achieve economic prosperity strengthened. I believe more<br />
than ever that while Zimbabwe still has much to do, we are on the right track<br />
in pursuing “Broad Based Economic Empowerment” for our people. Indeed Korea and<br />
Zimbabwe share some historical similarities, being countries that were colonised and have had to endeavour to free their people from poverty and guarantee them socio-economic security and their place as participants in the world economy.<br />
<br />
I can confidently say therefore that we in Zimbabwe have much to learn from a Republic that has clearly reached where it is today because of the commitment, spirit and endeavours of its people. I have thus reached the conclusion that we in Zimbabwe can, with your support and help, through business partnerships and synergies achieve our own economic growth and prosperity for our people.<br />
My presentation to you today is therefore to seek to have you understand better what Zimbabwe has been doing with regard to achieving “broad based economic empowerment” for its people and what such an initiative in the form of indigenisation means for potential foreign investors, including from Korea.<br />
<br />
I would like,most importantly, to share with you what we have been doing with regard to the indigenisation of our economy, most importantly to demystify the misconceptions about indigenisation in Zimbabwe. It is these misconceptions which might have made some in Korea to hesitate coming to Zimbabwe to invest in an economy that, far from being a threat to investment as has been misrepresented, will guarantee such investments.<br />
<br />
I will focus my presentation of two critical questions on indigenisation that have on many<br />
occasions been raised by potential investors:<br />
<br />
<b> 1) WHAT IS INDIGENISATION AND WHAT DOES IT OFFER TO ZIMBABWEANS.</b><br />
<br />
Indigenisation is a Government policy and initiative defined by two considerations by the Government of Zimbabwe:<br />
<br />
i. Firstly,by reflection on a past historical experience where its black majority and indigenous population experienced racially imposed economic deprivation by it colonisers;<br />
<br />
ii.Secondly,an insight into a future for Zimbabwe that recognises that the ownership of our<br />
economy is a matter national interest and importance. This means that it is therefore imperative that sustainable economic growth, development and socio-economic prosperity of Zimbabwe is owned and controlled by its own people.<br />
<br />
<b> [The story of Korea inspires us!!]</b><br />
<br />
Given such considerations the laws of Zimbabwe have now made provision for the majority<br />
indigenous Zimbabweans who were deprived of any benefit from their economy by<br />
colonialism to own at least 51% of their economy, especially in key sectors that are strategic and critical to the growth and development of our economy. Any foreign investment in Zimbabwe must therefore ensure that at least 51% of such investment is secured by Zimbabweans.<br />
<b><br />
</b><br />
<b>The overall objective for indigenisation is therefore to achieve the following:</b><br />
Ø To economically empower previously disadvantaged Zimbabweans.<br />
<br />
Ø To create conditions that will enhance the economic status of disadvantaged Zimbabweans.<br />
<br />
Ø To promote the development of a competitive domestic private sector that will spearhead economic growth and development. We believe that development is a process owned by a people. This is achieved through ensuring that the people of a country control and own its economy so that they<br />
are guaranteed the benefits of such an economy to help drive their development.<br />
<br />
Ø There is therefore no investment that can thrive in an economy a low income domestic investor thus the need to ensure sustainability of both the foreign and domestic investor.<br />
<br />
Most importantly our indigenisation initiative is based on a “broad based economic<br />
empowerment” approach, one which seeks to benefit all Zimbabweans at all levels and does not seek to benefit only a privileged few. This means that any investor coming to Zimbabwe will have a broad market to invest in amounting to no less than 13 million Zimbabweans.<br />
<br />
To achieve such a broad based approach we have identified three keys areas that must be guaranteed ownership of<br />
Zimbabwe’s economy, namely:<br />
(a) local communities<br />
(b) employees and<br />
(c) the sovereign wealth fund.<br />
<br />
Ladies and Gentlemen, one cannot invest in a country where the people themselves are not<br />
able to participate in their economy and ensure that foreign investments are made sustainable and indeed profitable. I will therefore outline to you that indigenisation is a policy that seeks to guarantee the people of Zimbabwe ownership and control of their economy, having been historically deprived of<br />
any participation in their economy by colonialism. It is such broad based economic empowerment that will ensure that Zimbabweans begin to grow their own economy and guarantee development that secures their own socio-economic needs.<br />
<div><br />
<b>2) WHAT IS THE IMPACT OF INDIGENISATION ON INVESTORS WHO WISH TO INVEST IN ZIMBABWE. </b><br />
<br />
Here I will correct the misrepresentation that by indigenising our economy we are seeking to scare off or chase away investors who wish to come to Zimbabwe. On the contrary we believe that it is through indigenisation, where a people own and control their economy and natural resources, that investors can then be invited into a country and be able to confidently invest in that country knowing for certain that their investment, to whatever extent, is guaranteed by the people of that country. We have since learnt, and indeed the world is learning, that any investment, whether domestic or foreign, is<br />
difficult to sustain when the people of the host country are excluded from participation and benefitting from their own economy. Such deprivation causes resentment and conflict which in the long term is not conducive for any investment, whether domestic or foreign.<br />
<br />
<b>3. COMMUNITY AND EMPLOYEE SHARE OWNERSHIP SCHEMES/TRUSTS</b><br />
<br />
By local communities we mean that those Zimbabweans who have long been marginalised from<br />
the economy on whose very land lies vast natural resources, including mineral resources, must benefit from those natural resources by securing at least 10% share in any foreign investment or company exploiting such natural resources from within their community or land. By so doing we will transform the lives of millions of Zimbabweans residing in rural areas who have in the past benefitted<br />
only as labourers for mining companies mining their mineral resources.</div><div><br />
The Government has begun a process of setting up community share ownership schemes/trusts thorough which local communitieswill be able to hold and own 10% in any investment that exploits their naturalresources. The Community trusts will build on capital which has been denied of them and this is the beginning of the accumulation of wealth by our people. Our communities with their capital and value arising from their equity in community share trusts can result in them being able to attract Korean investors to attract much needed infrastructure by leveraging on the shares. Effectively we<br />
have entered an era were our communities have been empowered to pay a part in national economic development creating opportunities for employment, domestic investment and overall upliftment of the people.<br />
<br />
We must be aware that these CSOS/Tare not an end in themselves, where the community simply owns ten percent shares,but are a means to guaranteeing real and broader investment and development for the communities.</div><div><br />
A community will thus be able use their 10% share in the exploitation of their natural<br />
resources to build roads, infrastructure, schools, and hospitals, etc, to benefit those economies. It also means that once such a community is economically empowered it can then use its 10% stake to open other investment opportunities for itself, such as investing on the stock market or even in other countries, therefore broadening their developmental capacity beyond the 10% it will have<br />
originally secured from the exploitation of its natural resources.<br />
<br />
Zimbabwe recently set up its first community trust, involving a platinum mining company,<br />
Zimplats. This Trust has guaranteed to at least three local communities a share in a company to the value of at least 100 million United States dollars. Several other such trusts are already in the process of being set up by companies that have already concluded negotiations with the Government of Zimbabwe.</div><div><br />
You can imagine now, that any investors from South Korea will thus be able to come to<br />
Zimbabwe targeting not only a small population in the capital cities but with an eye on local communities that are economically empowered and could well be seeking goods and services from South Korea to complement their development. Zimbabwe is also a country with vast skilled human resources, it being ranked the most educated country in Africa at the moment.<br />
<br />
The challenge has however been that Zimbabwe’s employees who were historically<br />
exploited under colonialism have not benefitted from their labour and from companies they have helped to grow. Through employee share ownership scheme/trust we will guarantee employees direct benefit from companies they work for through securing for them a minimum of 5% share in the ownership of those companies. This means that foreign investors will be guaranteed a committed labour force, free from debilitating labour actions and therefore able to ensure maximum profits. Workers are key in company growth and development for they too take risks and deserve rewards. Hard working mine workers in many an African setting have sacrificed with their sweat but the hand of their service they drift into a life of penury. An empowered labour force is a productive labour force.<br />
<br />
<br />
<b>4. SOVEREIGN WEALTH FUND</b></div><div><br />
A Sovereign Wealth Fund is an inter-generational fund that guarantees nationals of continued<br />
benefit arising, in our case, from the extraction of our mineral resources. It will be used to ensure equal<br />
development of our country and insulate our country in times of unpredictable resource<br />
prising and exhaustibility. It is our desire therefore that the Sovereign Wealth Fund ensures financial stability of the national economy. The wealth fund gives the country security to develop the economy and comfort to our entrepreneurs. The value of our national endowment shall be captured under the Sovereign Wealth Fund.</div><div><br />
<b>5. EMPOWERMENT OF ENTREPRENEURS.</b></div><div>Ladies and gentlemen, it is important that a nation like Zimbabwe, and learning from the<br />
inspiring Korean story, consciously support the creation of entrepreneurs through SME development and other interventions. The Korean story boasts of Daewoo, Hyundai, LG, among other giants who are leading businesses which have created wealth beyond and without. Our National Indigenisation and Economic Empowerment Board through share warehousing and direct support to the young entrepreneurs is aimed at supporting the growth and development of Zimbabwean economic<br />
giants. We are now convinced further that any foreign investor can never be confident in investing in a country where the people of that country have not achieved for themselves a level of economic participation and domestic investment to encourage the foreign investors to partner with them. Zimbabweans must first be economically capacitated.</div><div><br />
<b>6. INDIGENISATION GUARANTEES FOREIGN INVESTMENT</b></div><div><br />
Our vision for indigenisation is characterized by partnerships between local Zimbabweans and foreign investors that guarantees win-win outcomes, security of investment and establishment of up and down-stream industries for the maximum benefit to the majority of the population. Foreign investors must be confident in coming to invest in Zimbabwe, in a country where they are guaranteed by law at least 45% in the economy of Zimbabwe. Put into context, this is an economy with the second largest platinum reserves in the world, estimated to have the largest alluvial diamond fields and with other vast reserves of gold, chrome, coal, etc. Surely 49% of such an economy cannot be deemed as little or a bad investment.<br />
<br />
ProfessorSeung- Hun Chun, President of the Korean Institute of Development, yesterday said, “Africa is a Land of Opportunities and Korea, The Land with Vivid Experiences of Development”, he further<br />
posited that in order to tackle its challenges, Africa needs to seek for feasible alternatives carefully, and he notes that needed is visionary leadership by the government with strong development ownership. This is what we are doing as we design a trajectory of growth and development based on the democratization of our economy that transforms architecture that by and large<br />
was exclusivist to an era of inclusive investment.<br />
<br />
</div><div></div><div>For Africa, the time hascome for us to learn from Korea on how they overcame adversity and achieved prosperity. Africa is a continent with a sad history of deprivation which led to conflict, wars and diseases. Such a hostile environment has not been conducive for sustainable investment. Zimbabwe however has not only managed to maintain general peace and stability conducive for foreigners to invest. It has now embarked on an indigenisation programme that will see the people of<br />
Zimbabwe willingly and freely participate along side bona-fide investors.<br />
<br />
Ladies and gentlemen Zimbabwe welcomes you, the doors are open. Economic freedom ensures peace and stability and it is an ideal that our heroes and forefathers fought for as they over- threw colonialism, racism and apartheid.</div><div><br />
The natural resources are vast, human resources plenty and the indigenisation law both enabling and protective towards foreign investors. Lastly allow me to quote His Excellency, President Robert Mugabe when he said, “We wont rob investors of what rightly belongs to them but we also don’t want to be robbed!!”.</div></div>Emilia rkmhttp://www.blogger.com/profile/04324241412489879685noreply@blogger.comtag:blogger.com,1999:blog-3625974275361497219.post-45400182217771651392011-10-26T12:42:00.000+02:002012-04-21T20:35:01.739+02:00Asians embrace indigenisation policy — Kasukuwere<span class="Apple-style-span" style="background-color: white; font-family: 'Lucida Grande', Arial, sans-serif; font-size: 12px; line-height: 19px;"></span><br />
<div style="margin-bottom: 10px; margin-top: 10px; padding-bottom: 0px; padding-left: 0px; padding-right: 0px; padding-top: 0px;"><div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgsjE8y7kt4WpqOQWgRQGygEASR2yEFADdXl3ACx5h4XoUcsCcuZHS3FBa444NC7LUoX8J9s2azqKUQiOFbrrMxY0yWfBUb-Uz8oEtYNqVRZGofKrQyi8PtaVmuupVtdct4VLENnDS3Vr4/s1600/saviourkasukuwere6.jpg" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgsjE8y7kt4WpqOQWgRQGygEASR2yEFADdXl3ACx5h4XoUcsCcuZHS3FBa444NC7LUoX8J9s2azqKUQiOFbrrMxY0yWfBUb-Uz8oEtYNqVRZGofKrQyi8PtaVmuupVtdct4VLENnDS3Vr4/s1600/saviourkasukuwere6.jpg" /></a></div><b><br />
</b></div>From Tendai Mugabe in JAKARTA, Indonesia<br />
ASIAN investors keen to do business in Zimbabwe are embracing the indigenisation policy launched by Government, Indigenisation, Youth and Empowerment Minister Saviour Kasukuwere has said.<br />
Minister Kasukuwere, who is in Indonesia attending the 26th Trade Expo Indonesia, said in an interview that business people he met so far expressed interest to invest in Zimbabwe. He said they told him that partnership with local business people was not new to them.<br />
<br />
"We are mounting a campaign to meet key business people in Indonesia and South Korea and they are satisfied with what we are talking about," said Minister Kasukuwere. <br />
"We are meeting those business people who are interested in expanding their businesses to Zimbabwe and they are saying the issue of indigenisation and local participation in mainstream economy is not new to them. If anything, they are saying local participation really guarantees them security of their investments."<br />
<br />
Minister Kasukuwere said there was need to channel more resources towards development of the Small and Medium Enterprises sector. He said his experience from the Indonesian visit showed that SMEs had the capacity to drive the economy if fully funded.<br />
"I have discovered that SMEs are predominantly the engine of economic growth and this is why the Indonesian Government is emphasising the importance of funding this sector. The more we support SMEs, the more we create wealth and sustainable employment for our people."<br />
<br />
He commended the Zimbabwean business delegation participating at the 26th edition of the Trade Expo Indonesia also known as the Jakarta International Expo. He said they should use what they learnt to expand the local economy.<br />
<br />
The minister said Zimbabwe and the entire African continent had the potential to excel if resources were utilised well. He said Zimbabwe was fortunate to have vast resources, coupled with educated people with skills in various economic fields.<br />
<br />
From Indonesia, Minister Kasukuwere would on Sunday lead a 25-member Zimbabwean business delegation to South Korea to forge linkages with Koreans and explain the indigenisation policy.<br />
<br />
Tam Consultancy director, Engineer Tawona Mtungwazi, who is also participating at the Jakarata International Expo said they made strides in striking business deals.<br />
"We have seen areas where they are competitive and we are now making negotiations in areas we can partner with them," he said.<br />
<br />
"There is great potential here and so far I have already identified some business people who have expressed interest to come to Zimbabwe early next month to partner us in the development of e-Government and software."<br />
Other areas of partnerships with Indonesians include textile manufacturing and engineering consultancy.Unknownnoreply@blogger.comtag:blogger.com,1999:blog-3625974275361497219.post-8917678913986420322011-10-17T21:36:00.000+02:002012-04-21T20:35:01.917+02:00ZIMPLATS AGREES TO EMPOWERMENT LAW<iframe allowfullscreen="" frameborder="0" height="315" src="http://www.youtube.com/embed/00RSqWxX1LY" width="560"></iframe>Unknownnoreply@blogger.com