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Stanbic Bank Uganda Limited (SBU.ug) 2016 Annual Report

first_imgStanbic Bank Uganda Limited (SBU.ug) listed on the Uganda Securities Exchange under the Banking sector has released it’s 2016 annual report.For more information about Stanbic Bank Uganda Limited (SBU.ug) reports, abridged reports, interim earnings results and earnings presentations, visit the Stanbic Bank Uganda Limited (SBU.ug) company page on AfricanFinancials.Document: Stanbic Bank Uganda Limited (SBU.ug)  2016 annual report.Company ProfileStanbic Bank Uganda Limited is a leading financial institution in Uganda offering banking products and services to the retail, commercial and corporate segments. Its product offering ranges from savings, fixed deposits and call accounts to term loans, mortgage lending products and vehicle and equipment finance. The commercial division offers investment banking services ranging from corporate finance, debt primary market, securitisation and equity capital to exchange control advisory, credit trading, equity derivatives and interest rate trading and lending. Stanbic Bank Uganda Limited targets the oil and gas, power and infrastructure, public, consumer and financial institution sectors in Uganda. The company has an extensive network of branches, ATMs and customer service centres. Stanbic Bank Uganda Limited is a subsidiary of Stanbic Africa Holdings Limited. Stanbic Bank Uganda Limited is listed on the Uganda Securities Exchangelast_img read more

National Microfinace Bank Plc (NMB.tz) Q42018 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 2018 interim results for the forth quarter.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)  2018 interim results for the forth quarter.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

Unilever Ghana Limited (UNIL.gh) 2018 Annual Report

first_imgUnilever Ghana Limited (UNIL.gh) listed on the Ghana Stock Exchange under the Industrial holding sector has released it’s 2018 annual report.For more information about Unilever Ghana Limited (UNIL.gh) reports, abridged reports, interim earnings results and earnings presentations, visit the Unilever Ghana Limited (UNIL.gh) company page on AfricanFinancials.Document: Unilever Ghana Limited (UNIL.gh)  2018 annual report.Company ProfileUnilever Ghana Limited manufactures and markets fast-moving consumer goods which includes food, home and personal care products. Its food range includes margarine, spreads, beverages, soups, bouillons, sauces, snacks, mayonnaise, salad dressing and olive oil and ice-cream and frozen foods. Beverages include tea, weight management products and nutritionally-enhanced staples. Its home care range includes laundry and household care products. Its personal care range includes skin cleansing, skin care, oral care and deodorant products. The company provides products for professional chefs and caterers through its global division, Unilever Foodsolutions. Unilever Ghana Limited also has interests in investment management and real estate development in Ghana. The company is a subsidiary of Unilever PLC and its head office is in Tema, Ghana. Unilever Ghana Limited is listed on the Ghana Stock Exchangelast_img read more

First Mutual Holdings Limited (FMHL.zw) 2017 Abridged Report

first_imgFirst Mutual Holdings Limited (FMHL.zw) listed on the Zimbabwe Stock Exchange under the Insurance sector has released it’s 2017 abridged results.For more information about First Mutual Holdings Limited (FMHL.zw) reports, abridged reports, interim earnings results and earnings presentations, visit the First Mutual Holdings Limited (FMHL.zw) company page on AfricanFinancials.Document: First Mutual Holdings Limited (FMHL.zw)  2017 abridged results.Company ProfileThe Group has more than a hundred years of serving Zimbabwe by provision of economic dignity though its strategic business units. We have diverse interests in life assurance, health insurance, short term insurance; short term re-insurance; long term re-insurance; wealth management, property sector, funeral services and microfinance housed under the following subsidiaries; First Mutual Life, First Mutual Health, NicozDiamond Insurance, First Mutual Reinsurance, FMRE Property & Casualty (Botswana), First Mutual Wealth Management, First Mutual Properties, First Mutual Funeral Services and First Mutual Microfinance. First Mutual Holdings Limited is listed on the Zimbabwe Stock Exchange.last_img read more

Ghana Commercial Bank Limited (GCB.gh) 2019 Abridged Report

first_imgGhana Commercial Bank Limited (GCB.gh) listed on the Ghana Stock Exchange under the Banking sector has released it’s 2019 abridged results.For more information about Ghana Commercial Bank Limited (GCB.gh) reports, abridged reports, interim earnings results and earnings presentations, visit the Ghana Commercial Bank Limited (GCB.gh) company page on AfricanFinancials.Document: Ghana Commercial Bank Limited (GCB.gh)  2019 abridged results.Company ProfileGhana Commercial Bank Limited is a financial services institution offering banking products and services for the personal, commercial, corporate and treasury sectors. Its product offering is geared to offer financial solutions for loans, overdrafts, deposits, investments, money transmission and international services. Its Personal banking division offers consumers the choice of a Kudi Nkosuo account, Flexsave account, Save and Prosper account, overdrafts and loans and ReadyCash ATMs. Additional services offered by its business division includes corporate and investment services such as call accounts, treasury bills, fixed deposit accounts and Money Transfer. Ghana Commercial Bank Limited facilitates foreign banking and overseas inward money transfers. Its Treasury division manages market risk exposures and funding requirements as swell as overdraft facilities, bulk cash collection, trade finance, payroll solutions and electronic banking services. Ghana Commercial Bank Limited is listed on the Ghana Stock Exchangelast_img read more

Kenya Commercial Bank Limited Group (KCB.ug) HY2020 Interim Report

first_imgKenya Commercial Bank Limited Group (KCB.ug) listed on the Uganda Securities Exchange under the Banking sector has released it’s 2020 interim results for the half year.For more information about Kenya Commercial Bank Limited Group (KCB.ug) reports, abridged reports, interim earnings results and earnings presentations, visit the Kenya Commercial Bank Limited Group (KCB.ug) company page on AfricanFinancials.Document: Kenya Commercial Bank Limited Group (KCB.ug)  2020 interim results for the half year.Company ProfileKenya Commercial Bank Limited (KCB Group) is a leading financial institution offering retail and corporate banking services in Uganda through its subsidiary company. KCB Group offers financial solutions ranging from current accounts, overdrafts and loans to fixed and short-term deposits, mortgage finance, trade finance and forex, and business investment accounts. The banking institution participates in investments in treasury bills and bonds with the central banks. Wholly-owned subsidiaries in the banking group include Kenya Commercial Finance Company Limited, Savings & Loan Kenya Limited, Kenya Commercial Bank Nominees Limited, Kencom House Limited, KCB Tanzania Limited, KCB Sudan Limited, KCB Rwanda SA and KCB Uganda Limited. Kenya Commercial Bank Limited is listed on the Uganda Securities Exchangelast_img read more

Zenith Bank PLC (ZENITH.ng) HY2020 Presentation

first_imgZenith Bank PLC (ZENITH.ng) listed on the Nigerian Stock Exchange under the Banking sector has released it’s 2020 presentation results for the half year.For more information about Zenith Bank PLC (ZENITH.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Zenith Bank PLC (ZENITH.ng) company page on AfricanFinancials.Document: Zenith Bank PLC (ZENITH.ng)  2020 presentation results for the half year.Company ProfileZenith Bank Plc is a financial services institution in Nigeria offering banking products and services for the personal, commercial, corporate, private and investment banking sectors. The company also offers non-banking services such as foreign exchange, treasury, trade services and cash management services. Its full-service offering ranges from transactional accounts, savings accounts and deposits to short term investment funds, association accounts, personal funds management, funds transfer service and import letters of credit. Established in 1990 and formerly known as Zenith International Bank Limited, the company changed its name to Zenith Bank Plc in 2004. The company has three subsidiaries: Zenith Bank (Ghana) Limited and Zenith Bank (Sierra Leone) and Zenith Bank (Gambia) Limited. It has representative offices in South Africa and The People’s Republic of China. Its company head office is in Lagos, Nigeria. Zenith Bank Plc is listed on the Nigerian Stock Exchangelast_img read more

The State Pension will rise to 67 this decade. I’d buy FTSE 100 stocks now to retire early

first_img This decade is expected to see the State Pension age rise to 67. This is set to occur between 2026 and 2028, and means that people are having to work for longer to receive their retirement income. This means that retiring early may become a more challenging goal.However, by investing in FTSE 100 shares today, you may be able to improve your chances of beating the rising State Pension age. The index offers long-term growth potential that could provide a nest egg that delivers a passive income in older age. Even though it made strong gains in 2019, there appear to be numerous buying opportunities available at the present time.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…Long-term focusInvesting in the FTSE 100 is highly unlikely to produce a large nest egg in the short run. However, the index’s high-single-digit annual returns suggest that, over time, compounding can lead to a surprisingly big fund that boosts your retirement prospects.For example, investing £250 per month in large-cap shares at an annual return of 9% could lead to a nest egg of over £400,000 in a 30-year time period. A 9% annual rate of return could be more achievable than many investors realise, since the FTSE 100 has delivered that level of total return on an annual basis since its inception in 1984.Certainly, in the short run, there are likely to be challenges ahead for the index. However, the index has been able to grow at a fast pace throughout its history, despite facing major difficulties such as the global financial crisis, tech bubble and 1987 crash along the way. Therefore, the risks facing the index, such as geopolitical uncertainty in the Middle East, a global trade war and Brexit, may not necessarily hold back its performance in the coming years.Buying opportunitiesBuying FTSE 100 shares today is a relatively simple process. Tax-efficient accounts such as Stocks and Shares ISAs are available online and take just a matter of minutes to open. Furthermore, with the cost of buying shares having fallen in recent decades, it is now much easier and cheaper to diversify. This could not only help to reduce your overall risk, it may enable you to access fast-growing industries in a wider range of geographies. In doing so you may be able to improve your overall returns.While the index recorded a total return in excess of 16% in 2019, it continues to offer good value for money. Sectors such as industrials and retail are priced favourably, while the growth potential of sectors such as healthcare and defence appear to be high. As such, there could be numerous opportunities for you to build a portfolio that offers long-term growth potential at a reasonable price. This could enable you to beat the rising State Pension age and retire early. Enter Your Email Address Image source: Getty Images 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! 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. 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. The State Pension will rise to 67 this decade. I’d buy FTSE 100 stocks now to retire earlycenter_img Our 6 ‘Best Buys Now’ Shares Simply click below to discover how you can take advantage of this. “This Stock Could Be Like Buying Amazon in 1997” Peter Stephens | Monday, 6th January, 2020 | More on: ^FTSE Peter Stephens has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. 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. See all posts by Peter Stephenslast_img read more

Fevertree Drinks shares just crashed 25%. Here’s what I’d do now

first_imgRegionRevenue (£m)Growth (%) Edward Sheldon, CFA | Monday, 20th January, 2020 | More on: FEVR 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. USA47.633 Our 6 ‘Best Buys Now’ Shares 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. Edward Sheldon has no position in any shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. 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. UK132.6-1 Rest of World15.832 Total260.59.7 “This Stock Could Be Like Buying Amazon in 1997” What’s particularly concerning about these figures is that growth in the UK – the group’s largest market – was negative. Fevertree said that “the wider retail environment in the UK experienced a challenging Christmas with the mixer category not immune from the weak consumer confidence and corresponding slowdown in spending.” It also advised that it expects trading conditions in the UK to remain challenging in the first half of 2020.On the positive side, however, growth in the US was strong.Earnings decreaseFinally, the company advised that profit margins have ended the year behind management’s expectations and that it expects 2019 earnings to decline by around 5% compared to 2018.US growth aside, it’s a pretty ugly update, in my view. Given that the stock had a high valuation, I’m not really surprised that investors have bailed.What now?Would I buy Fevertree Drinks shares now after a fall of 25%?Crunching the numbers, the answer is no. In 2018, Fevertree generated earnings per share of 53.2p. So if we reduce this by 5%, we get a figure of 50.5p for expected 2019 earnings. At the current share price of 1,520p, that equates to a trailing P/E ratio of about 30. If the company was still generating strong earnings growth, I could stomach that valuation. However, given that earnings are expected to fall, I see it as expensive.I also remain concerned about rising competition. This is an issue I’ve been warning investors about for years now. Not only have major soft drinks names such as Coca-Cola and Schweppes upped their game in the mixer space recently, but supermarkets such as Waitrose and Co-op have got in on the action by releasing their own premium mixers.All things considered, I’m going to leave Fevertree shares alone for now. When investing for growth, I prefer to pick companies that have strong momentum. Only a few years ago, premium mixer drinks company Fevertree Drinks (LSE: FEVR) was the growth stock that everyone wanted to own. Just look at the extraordinary rise in Fevertree’s share price between January 2017 and September 2018 – it surged over 250%.Today however, investor sentiment towards Fevertree shares is very different. The shares have been underperforming for a while now, and this morning, they’ve crashed around 25%. Here, I’ll look at why the shares have plummeted today, and explain whether I’d buy the stock now.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…Revenue downgradeThe reason that Fevertree’s share price has crashed today is that the company has released a disappointing year-end trading update, ahead of its preliminary results that will be issued in March.In the update, Fevertree advised that group revenue is now expected to £260.5m, which represents growth of around 10% on last year. This figure is below the board’s expectations – in August FEVR advised that it was expecting full-year revenue of £266m to £268m. It’s also below the consensus analyst forecast of £267m (analysts were expecting top-line growth of 12.5%), which explains why the shares have been hammered.UK sales declineFevertree also provided a breakdown of its growth on a geographic basis, which I’ve summarised below: Image source: Getty Images. Fevertree Drinks shares just crashed 25%. Here’s what I’d do now Europe64.416 Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Simply click below to discover how you can take advantage of this. Enter Your Email Address 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. See all posts by Edward Sheldon, CFAlast_img read more

These FTSE 100 oil stocks have crashed over 26% in a day. What next?

first_img Our 6 ‘Best Buys Now’ Shares 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. 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. 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. Image source: Getty Images. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! “This Stock Could Be Like Buying Amazon in 1997” Rachael FitzGerald-Finch | Tuesday, 10th March, 2020 | More on: BP RDSB center_img These FTSE 100 oil stocks have crashed over 26% in a day. What next? Rachael FitzGerald-Finch owns shares in Royal Dutch Shell and BP. The Motley Fool UK has no position in any of the shares mentioned. 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. Simply click below to discover how you can take advantage of this. Oil prices crashed over 30% on Monday morning, dragging the shares of FTSE 100 constituents BP (LSE: BP) and Royal Dutch Shell (LSE: RDSB) up to 26% lower than the previous day’s trading.Saudi Arabia is countering Russia’s refusal to decrease production by swamping oil markets with discounted Saudi crude. Oil producers are suffering the fallout with reduced revenues that threaten profits.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…Bleak outlook for oilThe short-term outlook for oil markets is bleak, and many analysts believe that prices will remain under pressure.As of 9th March, Brent Crude and West Texas Intermediate – the two oil benchmarks – were trading for $35 and $33 per barrel respectively. For perspective, the benchmarks were trading at an average of $64 and $57 per barrel throughout 2019.To make matters worse, lower travel and industrial activity are reducing oil imports into China. BP’s CFO has warned that the outbreak of COVID-19 alone could knock 0.5% off oil demand this year. And if geopolitical tensions continue, this will likely get worse.To understand the possible impact on the shares of FTSE 100 oil producers, I think it’s worth looking at how and why markets previously reacted to the decline in 2019 profits for BP and Shell.Declining revenues for FTSE 100 oil majorsBoth FTSE 100 companies saw a large drop in profits in 2019, mainly due to lower oil prices than previous years. However, BP’s share price remained steady around 470p after its results were released in early February 2020. Shell’s share price continued to slide from a January pre-result peak of around 2,300p.Throughout 2019, I believe BP showed a more resilient financial performance than Shell. BP’s revenues fell 7% compared with Shell’s 11%. BP stated that its industry metric, the underlying replacement cost profit, nosedived 21% to $10 billion. Shell’s equivalent measure, the current cost of supplies, plummeted 23% to $16.5 billion. BP and Shell have both made costly purchases. BP bought US shale assets from BHP Group in 2018 for $10.5 billion, and Shell purchased BG Group for $50 billion in 2016. Both FTSE 100 firms increased their debt to do so. However, both companies maintained their gearing ratios between 29 and 31%, within normal range for the industry. Also, in BP’s favour is the lower breakeven cost of $53 per barrel, compared with Shell’s $65 per barrel. This potentially leaves BP in a stronger position through an oil glut.Juicy dividend yieldsDespite lower revenues, BP’s 2019 was able to fund its capital expenditure, pay dividends and complete its share buyback programme. This allows the firm to use future cashflows for its 8% adjusted dividend yield, to pay debt or for investment purposes.Shell’s position is more uncertain as its cashflow struggled to cover its costs in 2019. Going forward, many analysts believe it is unlikely to return to investors the remaining $10 billion in its buyback programme. But it appears to be a common consensus that Shell will likely maintain its juicy 9% adjusted dividend yield.BP is currently trading at a price-to-earnings ratio of 21.1, while Shell appears to be going cheap at around 8.9. BP is in normal industry range, reflecting its more assured position moving forward. Short term, Shell is a riskier investment. But for those with a longer term or income focus, it could be a timely one. See all posts by Rachael FitzGerald-Finch Enter Your Email Addresslast_img read more