National Bank of Malawi (NBM.mw) 2017 Abridged Report

first_imgNational Bank of Malawi (NBM.mw) listed on the Malawi Stock Exchange under the Banking sector has released it’s 2017 abridged results.For more information about National Bank of Malawi (NBM.mw) reports, abridged reports, interim earnings results and earnings presentations, visit the National Bank of Malawi (NBM.mw) company page on AfricanFinancials.Document: National Bank of Malawi (NBM.mw)  2017 abridged results.Company ProfileNational Bank of Malawi is a leading financial institution in Malawi; providing solutions for retail, corporate and investment banking and stock broking services through a national network of 22 service branches. The parent company of National Bank of Malawi is Press Corporation Limited (PCL). Its subsidiaries include National Bank of Malawi Nominees Limited and Stockbroker Malawi Registered Limited. The financial institution operates two divisions; corporate banking and retail/personal banking. The corporate banking division specialises in providing financial services through packaged deals. The retail banking division provides personal banking solutions which include utility bill payments, Internet and mobile banking, and ATM facilities. A major revenue source for the National Bank of Malawi is its treasury division which includes a foreign exchange and money market operation. The National Bank of Malawi was established in 1971 with the merger of Barclays Bank DCO (Dominion Colonial Overseas) and Standard Bank (South Africa). National Bank of Malawi is listed on the Malawi Stock Exchangelast_img read more

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British American Tobacco Zimbabwe Limited (BAT.zw) 2019 Abridged Report

first_imgBritish American Tobacco Zimbabwe Limited (BAT.zw) listed on the Zimbabwe Stock Exchange under the Agricultural sector has released it’s 2019 abridged results.For more information about British American Tobacco Zimbabwe Limited (BAT.zw) reports, abridged reports, interim earnings results and earnings presentations, visit the British American Tobacco Zimbabwe Limited (BAT.zw) company page on AfricanFinancials.Document: British American Tobacco Zimbabwe Limited (BAT.zw)  2019 abridged results.Company ProfileBritish American Tobacco (BAT) Zimbabwe Holdings Limited manufactures, distributes and sells tobacco products for local consumption through a network of independent retailers and distributors. Zimbabwe is the 6th largest tobacco grower in the world and the largest in Africa. Three types of tobacco are grown in the country; Virginia flue-cured, burley and oriental tobacco. Over 95% of Zimbabwe’s tobacco is flue-cured; and more than half of its production is exported to China. The company has recently adopted a mutually-beneficial contract system which is reaping rich rewards; the entire crop is bought from the farmer at the end of the season in return for a supply of seed and fertilizer, and expert training by an agronomist on agricultural techniques. Its head office is in Harare, Zimbabwe. British American Tobacco is listed on the Zimbabwe Stock Exchangelast_img read more

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Global Spectrum Energy Services Plc (GSPEC.ng) Q12019 Interim Report

first_imgGlobal Spectrum Energy Services Plc (GSPEC.ng) listed on the Nigerian Stock Exchange under the Energy sector has released it’s 2019 interim results for the first quarter.For more information about Global Spectrum Energy Services Plc (GSPEC.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Global Spectrum Energy Services Plc (GSPEC.ng) company page on AfricanFinancials.Document: Global Spectrum Energy Services Plc (GSPEC.ng)  2019 interim results for the first quarter.Company ProfileGlobal Spectrum Energy Services Plc is an integrated oil and gas offshore support vessel services company in Nigeria with business interests in the key oil and gas producing areas in West Africa. The company provides oilfield support services which include maritime security, maritime training, subsea construction, fleet operations, cable surveys, dam inspections and search and recovery. The operations of the marine services division and security systems division of Global Spectrum Energy Services concentrate on developing countries in West Africa such as Nigeria, Ghana, Equatorial Guinea and Cote d’Ivoire (Ivory Coast). Global Spectrum Energy Services Plc offers services for vessel design and manufactures and sells a range of maritime lubricants in Nigeria under the brand name Aegean Marine Petroleum. It is the leading global bunker physical supplier of marine petroleum and provides a full range of mineral and synthetic lubricants to all major and minor ports in the world. The company also serve as intermediaries and agents for organisations seeking partnerships in these regions. Its head office is in Lagos, Nigeria. Global Spectrum Energy Services Plc is listed on the Nigerian Stock Exchangelast_img read more

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Compagnie Des Villages De Vacances De L’Isle De France Limitee (COVIFRA) (COVI.mu) 2019 Abridged Report

first_imgCompagnie Des Villages De Vacances De L’Isle De France Limitee (COVIFRA) (COVI.mu) listed on the Stock Exchange of Mauritius under the Financial sector has released it’s 2019 abridged results.For more information about Compagnie Des Villages De Vacances De L’Isle De France Limitee (COVIFRA) (COVI.mu) reports, abridged reports, interim earnings results and earnings presentations, visit the Compagnie Des Villages De Vacances De L’Isle De France Limitee (COVIFRA) (COVI.mu) company page on AfricanFinancials.Document: Compagnie Des Villages De Vacances De L’Isle De France Limitee (COVIFRA) (COVI.mu)  2019 abridged results.Company ProfileCompagnie Des Villages De Vacances De L’Isle De France Limitee rents out investment properties, plant and equipment to Holiday Villages Management Services Mauritius Limited, which operates the Club Med Hotel at La Pointe au Cannoniers in Mauritius. The company is a subsidiary of MCB Group Limited. Compagnie Des Villages De Vacances De L’Isle De France Limitee is listed on the Stock Exchange of Mauritius.last_img read more

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National Microfinace Bank Plc (NMB.tz) HY2019 Interim Report

first_imgNational Microfinance Bank Plc (NMB.tz) listed on the Dar es Salaam Stock Exchange under the Banking sector has released it’s 2019 interim results for the half year.For more information about National Microfinance Bank Plc (NMB.tz) reports, abridged reports, interim earnings results and earnings presentations, visit the National Microfinance Bank Plc (NMB.tz) company page on AfricanFinancials.Document: National Microfinance Bank Plc (NMB.tz)  2019 interim results for the half year.Company ProfileNational Microfinance Bank Plc (NMB) is a commercial bank in Tanzania offering financial solutions for individuals, small-to-medium-sized businesses and large corporations. NMB operates in several segments; wholesale banking, retail banking, agribusiness and treasury. Its product offering ranges from current and savings accounts to time deposits to fixed deposits, and Kilimo, Chap and Chipukizi accounts. NMB also offers loans to entrepreneurs, bank guarantees, and export and import financing, supply chain financing and letters of credit. Other services include forex, cash exchange, institutional and transactional banking, and payment and collection services. NMB has an extensive network of branches and ATMs in the major towns and cities of Tanzania. National Microfinance Bank Plc is listed on the Dar es Salaam Stock Exchangelast_img read more

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Ecobank Transnational Incorporated (ETI.ng) Q12020 Interim Report

first_imgEcobank Transnational Incorporated (ETI.ng) listed on the Nigerian Stock Exchange under the Banking sector has released it’s 2020 interim results for the first quarter.For more information about Ecobank Transnational Incorporated (ETI.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Ecobank Transnational Incorporated (ETI.ng) company page on AfricanFinancials.Document: Ecobank Transnational Incorporated (ETI.ng)  2020 interim results for the first quarter.Company ProfileEcobank Transnational Incorporated Plc is a financial institution in Nigeria offering banking products and services for the domestic, corporate, investment banking and treasury sectors. Customers include individuals, governments, financial institutions, local and international organisations, small to medium enterprises and micro businesses. Ecobank offers an extensive array of products and services ranging from transactional accounts, electronic banking and money transfer services to term loans, treasury services and financial advisory and consultancy services for asset and wealth management. The company is a subsidiary of Ecobank Transnational Incorporated. It operates through 640 branches located in major towns and cities in 27 countries in Africa. The company’s head office is in Lagos, Nigeria. Ecobank Transnational Incorporated Plc is listed on the Nigerian Stock Exchangelast_img read more

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UPDC Real Estate Investment Trust (UPDC.ng) Q12020 Interim Report

first_imgUPDC Real Estate Investment Trust (UPDC.ng) listed on the Nigerian Stock Exchange under the Property sector has released it’s 2020 interim results for the first quarter.For more information about UPDC Real Estate Investment Trust (UPDC.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the UPDC Real Estate Investment Trust (UPDC.ng) company page on AfricanFinancials.Document: UPDC Real Estate Investment Trust (UPDC.ng)  2020 interim results for the first quarter.Company ProfileUPDC Real Estate Investment Trust is a real estate investment trust which invests in the property market in Nigeria. It was established in 2013. The company managing the UPDC Real Estate Investment Trust is based in Lagos, Nigeria. UPDC Real Estate Investment Trust is listed on the Nigerian Stock Exchangelast_img read more

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Ariston Holdings Limited (ARIS.zw) HY2021 Interim Report

first_imgAriston Holdings Limited (ARIS.zw) listed on the Zimbabwe Stock Exchange under the Agricultural sector has released it’s 2021 interim results for the half year.For more information about Ariston Holdings Limited reports, abridged reports, interim earnings results and earnings presentations visit the Ariston Holdings Limited company page on AfricanFinancials.Indicative Share Trading LiquidityThe total indicative share trading liquidity for Ariston Holdings Limited (ARIS.zw) in the past 12 months, as of 5th June 2021, is US$554.79K (ZWL46.86M). An average of US$46.23K (ZWL3.9M) per month.Ariston Holdings Limited Interim Results for the Half Year DocumentCompany ProfileAriston Holdings Limited is an agricultural enterprise operating in diverse markets that range from tea, macadamia nuts, horticulture and deciduous fruits to fish farming, beef cattle and poultry. Deciduous fruits include bananas, apples and peaches; while staple crops include potatoes, tomatoes, peas, maize and soya beans. Ariston Holdings Limited has a national footprint, with six strategic business units located in the northern and eastern regions of Zimbabwe. Southdown Estates consists of three tea estates with over 1 200 hectares allocated to tea plants, almost 60 hectares to bananas and over 450 hectares to macadamia trees. Claremont Estate concentrates on growing pome and stone fruit, passion fruit and potatoes; while Kent Estate focuses on horticultural crops, poultry and livestock. The company also packages and distributes blended tea for the domestic market. Its headquarters are in Msasa, Harare. Ariston Holdings Limited is listed on the Zimbabwe Stock Exchangelast_img read more

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CIC Insurance Group (CIC.ke) 2020 Annual Report

first_imgCIC Insurance Group (CIC.ke) listed on the Nairobi Securities Exchange under the Insurance sector has released it’s 2020 annual report.For more information about CIC Insurance Group reports, abridged reports, interim earnings results and earnings presentations visit the CIC Insurance Group company page on AfricanFinancials.Indicative Share Trading Liquidity The total indicative share trading liquidity for CIC Insurance Group (CIC.ke) in the past 12 months, as of 4th June 2021, is US$871.89K (KES94.29M). An average of US$72.66K (KES7.86M) per month.CIC Insurance Group Annual Report DocumentCompany ProfileCIC Insurance Group is a leading insurance company offering products and services for general and life insurance through operations in Kenya, Sudan and Uganda. The company also provides solutions for fund and asset management and private equity investment. Its product offering covers needs relating to motor, marine, agriculture, personal accident, school products, customised products, travel, domestic package, property, theft, fire and consequential loss and sports injury insurance. Its life assurance division covers areas ranging from group life and keyman plans to family protection, loan guard insurance, pension, board member and universal endowment plans. CIC Insurance Group has expertise in corporate, family, health and asset management as well as equity, balanced, fixed income and money market fun management. The company invests in equity and government securities, properties and loans and serves retail and corporate entities. Founded in 1968 and formerly known as The Co-Operative Insurance Company of Kenya, the company changed its name to CIC Insurance Group in 2010. Its head office is in Nairobi, Kenya. CIC Insurance Group is listed on the Nairobi Securities Exchangelast_img read more

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Why I’m buying more shares of FTSE 100 stock Tesco in the market crash

first_img “This Stock Could Be Like Buying Amazon in 1997” Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! John Wallace | Monday, 2nd March, 2020 | More on: TSCO John Wallace owns shares of Tesco. The Motley Fool UK has recommended Tesco. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Image source: Getty Images Last week saw a severe plunge in the markets on a scale not seen since the 2008 financial crisis. Investors are now faced with a chance to rummage through the FTSE 100, shifting between high-income or growth stocks, finding sanctimony in a sea of fear.The question you must ask is, in my opinion, where will opportunity be found?5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…A great buying opportunity right nowAt the time of writing, Tesco (LSE: TSCO) shares have fallen to 225p amongst the market sell-off. Meanwhile, a dividend yield of 3.4% is offered.Tesco shares have performed strongly in the past. From a low of 150p in 2015, the share price rose nearly 70%, trading at highs of 255p in February 2020.I believe the combination of this dividend and an undervalued share price could yield a 6% per annum return. If you’re bullish for Tesco’s future, that’s a tidy discount.Disciplined strategyI think Tesco is now a capital-disciplined organisation and a cash compounder. Complementary acquisitions have helped Tesco to expand overseas more aggressively, gaining a firm foothold in international grocery markets. In doing so, this has placed Tesco in a unique position in wholesale markets worldwide.The ability for Tesco to adapt and recover from profit losses is impressive. Net profit should come in at £1.7bn for fiscal 2020, rising to £1.8bn for fiscal 2021 — double the £974m net profit figure reported in 2014.In my opinion, earnings growth is one of the many reasons why the group’s profits have surged over the past two years.Every little helpsCompetition with Sainsbury’s has placed pressure on Tesco’s financial performance in the past. In my opinion, Tesco has managed to keep its head above water despite its past struggles.Under Dave Lewis, Tesco has repaired its profit margins and returned to growth. Debt levels are down and the whole business appears to be much healthier than it was five years ago.Miraculously, Tesco’s net income jumped from £138m in 2016 to £1.3bn at the end of 2019. Analysts also expect earnings to rise by about 8% in 2020/21.At the time of writing, Sainsbury’s reported an operating margin of 1.9% and a return on capital employed of 33%. In contrast, the figures for Tesco were 4% and 6.4%. I believe these figures alone show how Tesco has a leading competitive edge.Perhaps every little does help after all. Simply click below to discover how you can take advantage of this.center_img I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Enter Your Email Address Our 6 ‘Best Buys Now’ Shares Why I’m buying more shares of FTSE 100 stock Tesco in the market crash I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. See all posts by John Wallacelast_img read more

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