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peak, Africa: see KilimanjaroKilimanjaro
, highest mountain of Africa, NE Tanzania. An extinct volcano, it rises in two peaks, Uhuru (Kibo; 19,340 ft/5,895 m, Africa's highest point) and Mawenzi (17,564 ft/5,354 m), which are joined by a broad saddle (alt. c.15,000 ft/4,600 m).
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On reflection, I'm still not sure whether I'd have wanted to hang around at Mawenzi.
The walk from Mawenzi Tarn to Kibo Huts took us through the barren alpine desert, known as the Saddle, which separates Mawenzi from the peaks of Kilimanjaro.
If Mawenzi was beautiful, our next stop, Kibo Huts was stark - a barren stopping-off point for the tens of thousands of people who come to climb the mountain every year.
The directors of Mawenzi wish to inform shareholders of the following recent developments:
The offer made by Mawenzi in October 1999 to acquire Zarara Oil and Gas Limited ("Zarara") closed on 9 June 2000 after a number of extensions to the closing date of the offer.
Mawenzi will offer 2 new Mawenzi ordinary shares for every Zarara ordinary share; - Mawenzi will offer 2 new Mawenzi 'A' options for every Zarara warrant on substantially the same terms as the Zarara warrants; and - Mawenzi will offer 2 new Mawenzi 'B' options for every Zarara option on substantially the same terms as the Zarara options.
Mawenzi is a Johannesburg Stock Exchange listed company which is in the process of moving away from its past core business as an investor in real property and into the natural resources and financial services sectors.
At the general meeting of Mawenzi shareholders held in Johannesburg, South Africa on October 26, 1999, the Mawenzi shareholders approved the issuance of the Mawenzi ordinary shares, Mawenzi "A" options, and Mawenzi "B" options for issuance to registered holders of Zarara ordinary shares and holders of warrants and options to acquire Zarara ordinary shares in connection with the Offer.
Mawenzi is a public company listed on the Johannesburg Stock Exchange, with substantial property and potential mining interests in southern Africa.
We are also pleased to have Mawenzi as a new shareholder.