Zambia National Commercial Bank Plc (ZANACO.zm) HY2014 Interim Report

first_imgZambia National Commercial Bank Plc (ZANACO.zm) listed on the Lusaka Securities Exchange under the Banking sector has released it’s 2014 interim results for the half year.For more information about Zambia National Commercial Bank Plc (ZANACO.zm) reports, abridged reports, interim earnings results and earnings presentations, visit the Zambia National Commercial Bank Plc (ZANACO.zm) company page on AfricanFinancials.Document: Zambia National Commercial Bank Plc (ZANACO.zm)  2014 interim results for the half year.Company ProfileZambia National Commercial Bank, commonly known as Zanaco, listed on the Lusaka Securities Exchange, serves retail customers, large corporations, agri-business and public sector clients. The bank has evolved into a leading financial institution in Zambia. With the aid of Arise B.V., a leading African Investment Company, Zanaco benefits from technical assistance, international networks and best practices in various areas of banking.last_img read more

Forges Tardieu Limited (FORT.mu) Q12019 Interim Report

first_imgForges Tardieu Limited (FORT.mu) listed on the Stock Exchange of Mauritius under the Industrial holding sector has released it’s 2019 interim results for the first quarter.For more information about Forges Tardieu Limited (FORT.mu) reports, abridged reports, interim earnings results and earnings presentations, visit the Forges Tardieu Limited (FORT.mu) company page on AfricanFinancials.Document: Forges Tardieu Limited (FORT.mu)  2019 interim results for the first quarter.Company ProfileForges Tardieu Limited deals in the promotion and realisation of engineering projects in a number of industries, including sugar and related by-products, power generation, petroleum storage and distribution, design, fabrication, erection and commissioning of petroleum tanks, amongst the company’s activities. Forges Tardieu Limited also engages in projects which can range from consultancy assignments to supply, fabrication and erection of whole industrial plants. The company has established its activities in the neighbouring Indian Ocean Islands of Reunion, Madagascar, as well as countries on the African continent such as Burundi, Cameroon, Ivory Coast, Kenya, Malawi, Mozambique, Senegal, Tanzania, Zambia and more recently Philippines in South-East Asia. Forges Tardieu Limited is listed on the Stock Exchange of Mauritius.last_img read more

Royal Mail to cut jobs! Is its stock a buy right now?

first_img 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. Anna Sokolidou has no position in any of the companies mentioned in this article. 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. Image source: Getty Images. Royal Mail to cut jobs! Is its stock a buy right now? 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. Our 6 ‘Best Buys Now’ Shares 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”center_img 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. Simply click below to discover how you can take advantage of this. Anna Sokolidou | Friday, 26th June, 2020 | More on: RMG Enter Your Email Address Royal Mail  (LSE:RMG) is struggling now like many other businesses due to the coronavirus crisis. It even had to make some of its employees redundant. Is the company’s stock a bargain or a value trap now?Royal Mail’s job cutsThe truth is that the company’s problems started long before the coronavirus pandemic. As we all know, due to the widespread use of the Internet, people send fewer letters. But Covid-19 made matters even worse. According to the company’s representative, the Covid-19 lockdown led to a dramatic fall in the number of letters sent. However, many more people began sending parcels, which prevented things from getting too bad.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…In order to improve the situation, the Royal Mail decided to cut 2,000 management positions. This would lead to cost savings of £130m. But the job cuts will not be made straight away. Instead, the company aims to make 2,000 middle-managers redundant by March 2021. So, these economies will not be felt immediately. Financial fundamentalsThese redundancies are not the only way the management plans to get “leaner and fitter” though. Over the next two years, Royal Mail will reduce its capital expenditure by £300m. All these measures are quite positive changes to the company’s liquidity and profitability, I think.Royal Mail barely managed to make a profit this year. Although revenue increased this year (it was £10.84bn in 2020 as opposed to £10.44bn in 2019), total operating profit fell by 13.6%. The plunge in basic earnings per share was even worse, falling almost 56% from 30.5p to 19.6p. As a result, the efficiency figures are quite discouraging. The net profit margin now stands at just 1%, whereas the return on equity (ROE) is 3%. However, the company’s shares are trading at pretty undemanding valuations. If we take Royal Mail’s current share price and divide this figure by the earnings per share, we’ll get the price-to-earnings (PE) ratio of less than 9. This is quite cheap on its own. But it seems that the company’s earnings will still stay under pressure due to social distancing measures and similar coronavirus-related costs. The actions recently taken by the management might imporove efficiency. But investors need a lot of patience to see this happen.Equally unpleasant is the fact that shareholders will not receive any dividends for a year. Although management expects to re-commence paying them in 2021–22, you should remember that CEOs tend to be rather optimistic. Most importantly, now the company faces quite a big challenge – it has to move away from the letters business and start specialising in parcels, since there is no reasonable consumer demand for the latter. At the same time, as my colleague James mentioned, there is quite a lot of competition in this area. Many businesses have already adapted to the new reality of online shopping and deliveries.    Now what?Although Royal Mail is an old and established company, it is going through hard times. I would only recommend these shares to patient investors who are willing to take on some additional risks. In the UK there are many other opportunities for value investors, I think. See all posts by Anna Sokolidoulast_img read more

Eliota charged by the RFU – hearing on Monday

first_img The last time Eliota faced a judicial hearing for comments on his twitter feed during the World CupELIOTA FUIMAONO-SAPOLU of Gloucester Rugby has been charged with Conduct prejudicial to the interests of the Game contrary to Rule 5.12 of the Rules of the Rugby Football Union. AUCKLAND, NEW ZEALAND – OCTOBER 05: Eliota Sapolu Fuimaono of Samoa speaks to the media following an IRB Rugby World Cup 2011 judicial hearing at the Vero Centre on October 5, 2011 in Auckland, New Zealand. Sapolu Fuimaono was issued with a warning, after he tweeted comments about the IRB and refereeing following his nations loss to Wales on Sunday. (Photo by Hannah Johnston/Getty Images) The charges against Fuimaono-Sapolu are that: LATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALS On October 29 and 30, 2011 he made, or adopted from other users of Twitter, insulting or provocative comments about Owen Farrell, a professional rugby player, on his Twitter account.Between October 27 and 31, 2011 he made, or adopted from other users of Twitter, critical or sarcastic comments about the rugby disciplinary process on his Twitter account.Between October 25 and 27, 2011 he made, or adopted from other users of Twitter, critical comments about the Rugby World Cup and the International Rugby Board on his Twitter account.Fuimaono-Sapolu has been summoned to appear before an RFU Disciplinary Panel of Daniel White (chair), Mike Curling and John Doubleday in Bristol on Monday, November 7 (7.30pm).last_img read more

Hospices affinity bank account generates £69,510.90

first_imgHospices affinity bank account generates £69,510.90 Howard Lake | 28 May 2005 | News  17 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThiscenter_img Cheshire Building Society’s Caring for Hospices affinity savings account has raised nearly £70,000 for 21 hospices in the North West of England.The hospices set to benefit include East Cheshire Hospice in Macclesfield, which will receive a cheque for nearly £15,000 and St Rocco’s in Warrington and St Luke’s near Winsford will get just over £8,000 each.Savers can choose which out of the 21 local hospices they wish to support with their affinity account, and invest between £1 and £2,000,000. The Cheshire itself will, at the end of the year, donate 1% of the average total account balances over the year to the hospices taking part in the scheme. Advertisement About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving.last_img read more

Win eBay for Charity grant in Small Charity Week treasure hunt

first_imgIn the run up to Small Charity Week in June, eBay for Charity, with its partner charity MissionFish, are again running a treasure hunt for small charities giving them a chance to win an eBay for Charity grant, raise funds, and grow their supporter base.Last year the eBay for Charity ‘Give at Checkout’ competition raised £15,000 for the four winning charities during Small Charity Week. Kevin Gillespie from the The Bobath Centre said: “This was the most profitable 20 minutes of fundraising I have ever done!”To take part your charity needs to be registered with MissionFish, and then email the FSI at [email protected] to sign up for the treasure hunt.The treasure hunt will culminate during Small Charity Week which runs from 20 to 24 June when the winners will reach their treasure chests.www.smallcharityweek.com/fundraising-day AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis  25 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Win eBay for Charity grant in Small Charity Week treasure hunt Howard Lake | 17 April 2011 | News Tagged with: Digital Events About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving.last_img read more

Cambridge University to launch £2 billion campaign

first_imgPhoto: Trinity College, University of Cambridge, by PlusONE on Shutterstock.com Cambridge University to launch £2 billion campaign  70 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis2 The University of Cambridge will launch a fundraising campaign this autumn to raise £2 billion for the University and colleges. The campaign will launch on the weekend of 16-18 October, and then with events in the USA, and events globally in 2016. The largest campaign by a UK university to date was announced to staff in the latest newsletter.Cambridge ran a successful fundraising campaign to mark is 800th anniversary, raising £1.2 billion by the end of 2011.Vice-Chancellor Professor Sir Leszek Borysiewicz explained the need for such an ambitious fundraising target. He said:“Our continued performance at the very top of global league tables is a powerful tribute to the extraordinary people who work here. But whilst our achievements on budgets smaller than our American peers speak volumes, this will not in itself be enough to consistently attract transformational philanthropy, nor will it enable us to remain a world-leading university in the long term.“The reality is that the financial gap is widening, and quite simply, we need more resources to keep pace with the competition.”Alison Traub, Executive Director of Development and Alumni Relations, said that the campaign was designed to benefit “all collegiate Cambridge”, not just the University. Colleges themselves run independent fundraising campaigns.She told staff: Advertisement Howard Lake | 6 August 2015 | News AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis2 Tagged with: alumni Capital appeal higher education “This is an opportunity for us to come together to secure the future of collegiate Cambridge. We pursue our ambitions through the distinctive collegiate system of supervisions, which teaches students how to think, not what to think.“The colleges are one of the main instruments by which Cambridge succeeds. The success of the University is inextricably linked to that of the colleges, and vice versa. The campaign is an opportunity to bring University and colleges together and to achieve maximum benefit to all.”Cambridge has an 800 year history of philanthropy. Peterhouse, the first Cambridge college, was founded in 1284 by Hugh Balsham, Bishop of Ely. Henry VIII founded Trinity College and endowed five Regius professorships. About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving.last_img read more

Fourteen arrested for circulating e-mail message criticising Mugabe

first_imgNews ZimbabweAfrica RSF_en Organisation Reporters Without Borders today urged the Zimbabwean authorities to drop charges against 14 people who were arrested for circulating an e-mail message criticising President Mugabe’s economic policies and calling for his departure. They were all released on bail but have been ordered to appear in court on 26 November. “Robert Mugabe has already gagged the traditional news media and we must now speak out so that the Internet does not meet the same fate,” Reporters Without Borders secretary-general Robert Ménard said Help by sharing this information ZimbabweAfrica News Reporters Without Borders today urged the Zimbabwean authorities to drop charges against 14 people who were arrested for circulating an e-mail message criticising President Mugabe’s economic policies and calling for his departure. They were all released on bail but have been ordered to appear in court on 26 November.”Robert Mugabe has already gagged the traditional news media and we must now speak out so that the Internet does not meet the same fate,” Reporters Without Borders secretary-general Robert Ménard said. “The Zimbabwean opposition is increasingly using the Internet to distribute information criticising the regime and this right must not be denied them,” he added.The Herald, a government-controlled daily, said those detained were released after paying bail of 50,000 Zimbabwean dollars (10 US dollars). The e-mail message encouraged Zimbabweans to stage violent demonstrations and strikes to force President Mugabe to stand down, the newspaper said.This is the first time the authorities have used a law passed last year by the parliament allowing them to intercept e-mail. An employee with a Zimbabwean Internet service provider told the BBC that no system for monitoring e-mail has yet been installed. The police therefore intervened after receiving a copy of the message.The Zimbabwean news media use the Internet to get round government censorship. After the Daily News was banned in October, its editors decided to continue publishing on a website hosted in neighbouring South Africa. The Insider, a newspaper that has declared its intention of providing independent news, is publishing online since September to avoid the prohibitive cost of a paper edition. Follow the news on Zimbabwe Receive email alerts November 27, 2020 Find out more News to go further November 12, 2020 Find out more Zimbabwean court must free imprisoned journalist who is unwell Zimbabwean journalist Hopewell Chin’ono denied bail The 2020 pandemic has challenged press freedom in Africa November 24, 2003 – Updated on January 20, 2016 Fourteen arrested for circulating e-mail message criticising Mugabe Reports September 1, 2020 Find out morelast_img read more

[Delhi Riots] “It Was An Act Against Country’s Secular Structure”: Delhi Court Denies Bail to Man Accused Of Damaging Fatima Masjid[Read Order]

first_imgNews Updates[Delhi Riots] “It Was An Act Against Country’s Secular Structure”: Delhi Court Denies Bail to Man Accused Of Damaging Fatima Masjid[Read Order] Sparsh Upadhyay22 Oct 2020 8:26 AMShare This – xWhile denying bail the bail to an accused who has been booked for damaging a mosque during the February communal riots in North-East Delhi, the Karkardooma Court (Delhi) recently observed,”In recent communal riots in North-East Delhi more than 50 innocent people were killed by the rioters and the dastardly act of rioters in this matter is an act against the country’s secular structure.”…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginWhile denying bail the bail to an accused who has been booked for damaging a mosque during the February communal riots in North-East Delhi, the Karkardooma Court (Delhi) recently observed,”In recent communal riots in North-East Delhi more than 50 innocent people were killed by the rioters and the dastardly act of rioters in this matter is an act against the country’s secular structure.” (emphasis supplied)The Additional Sessions Judge Vinod Yadav further observed,”Considering the gravity of allegations, large-scale involvement of the applicant in the cases of riots, I do not find it to be a fit case for grant of bail to the applicant.”Before taking up the arguments of the prosecution, the Court noted that this was the fifth bail application filed on behalf of the applicant.The Court took into account the fact that his earlier bail applications were dismissed vide orders dated 15.06.2020, 23.06.2020, 15.07.2020 (dismissed as withdrawn) and 20.07.2020.Matter before the CourtThe counsel for the applicant vehemently argued before the Court that the applicant was falsely implicated in the matter.He has been in judicial custody in the matter since 09.03.2020. It was argued that he was not present at the scene of the crime on the date of the incident and instead was at his workplace on the date of the alleged incident.It was contended that on 10.03.2020, he was called by the police officials of PS Khajuri Khas and falsely implicated in the matter. No recovery of any sort was effected from him.It was next contended that co-accused Amit Kumar had already been enlarged on bail by this Court vide order dated 20.06.2020 and the applicant was also entitled for grant of bail on the ground of parity, as the role assigned to the applicant was not different from the role assigned to co-accused Amit.In the end, it was argued that the investigation in the matter is complete; charge sheet has already been filed; the applicant is no more required for custodial interrogation; and no useful purpose would be served by keeping him behind bars in the matter, as trial of the case is likely to take long time. It is claimed that the applicant has clean past antecedents.Argument put forth by the Special PPThe Special PP for the State vehemently argued that the present case was a very serious matter, wherein the rioters had caused destruction at “Fatima Masjid”, situated in C-Block, Gali No.29, Khajuri Khas.It was further argued that the applicant was clearly identified as one of the members of unlawful assembly, who had caused damage to the Fatima Masjid, namely Mehboob Alam and Akram.In the end, it was argued that the applicant has not been able to show any change in circumstances after the dismissal of his earlier bail applications.Court’s AnalysisThe Court noted,”The applicant has neither been able to point out any change in circumstance(s) after the dismissal of last bail application of the applicant vide order dated 20.07.2020 nor he has been able to differentiate the role of the applicant from that of co-accused Mithan Singh, whose bail application stood already dismissed by this Court vide order dated 29.08.2020.”The Court further opined,”Besides, making bald averments, the learned counsel for the applicant has not placed on record any material to prima facie show that the applicant was not present at the scene of the crime on the date of the incident and instead was present at his work place; even the address of the workplace of the applicant has not been mentioned in the instant bail application.”The bail application was accordingly dismissed.Click Here To Download Order[Read Order]Next Storylast_img read more

Sales tax revenues increase for Brundidge

first_img Penny Hoarder Issues “Urgent” Alert: 6 Companies Are… Remember America’s heroes on Memorial Day Print Article Skip You Might Like Shriners’ misson shines in young boy’s smile The sign behind William Leverette told his story. “A man never stands so tall as when he stoops to help… read more Pike County Sheriff’s Office offering community child ID kits Around the WebDoctor: Do This Immediately if You Have Diabetes (Watch)Health VideosIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier LivingHave an Enlarged Prostate? Urologist Reveals: Do This Immediately (Watch)Healthier LivingWomen Only: Stretch This Muscle to Stop Bladder Leakage (Watch)Healthier LivingRemoving Moles & Skin Tags Has Never Been This EasyEssential HealthMost 10 Rarest Skins for FortniteTCGThe content you see here is paid for by the advertiser or content provider whose link you click on, and is recommended to you by Revcontent. As the leading platform for native advertising and content recommendation, Revcontent uses interest based targeting to select content that we think will be of particular interest to you. We encourage you to view your opt out options in Revcontent’s Privacy PolicyWant your content to appear on sites like this?Increase Your Engagement Now!Want to report this publisher’s content as misinformation?Submit a ReportGot it, thanks!Remove Content Link?Please choose a reason below:Fake NewsMisleadingNot InterestedOffensiveRepetitiveSubmitCancel Thomas said the city is looking at several options for the building including relocating the probate judge, OCAP and revenue commission’s satellite offices that are presently located at Brundidge Station. Other county offices will also be offered the opportunity to locate there to the benefit of local citizens.Willie Moultry, a member of the Concerned Citizens of Brundidge, requested the council’s permission to use Galloway Park as the site for a tent revival Oct. 11-13.“The old-timey tent revival will be held prior to the annual March for Jesus on Oct. 15,” Moultry said. “This will be the 11th year for the March for Jesus that is an engine that we use to get people the word about Jesus. The tent revival is an outreach ministry associated with the March. This year, we want to try a different way to reach people who don’t go to church and, if we have a strong revival, then, come the weekend we’ll have a larger crowd and be able to reach more people.”Moultry said the revival will feature different speakers on each of the three nights along with special music. Email the author By Jaine Treadwell Book Nook to reopen Sales taxes are up in the city of Brundidge for FY2011 and that’s good news especially during these difficult economic times.Brundidge City Manager Britt Thomas told council members Tuesday afternoon that, to date, sales tax revenue is up $51,780 and that is due, in part, to several vendors having several good months.“If you look at it, we never, ever in Brundidge, since I’ve been here (1977) have soared with the national economy but neither have we bottomed out when the economy plummeted,” Thomas said. “We stay rather level.” Plans underway for historic Pike County celebration Sponsored Content “We’d like to get into the park around 6:30 each night and close out the services at 9 o’clock so we can clean up and be out of the park by 9:30,” Moultry said.The council voted to allow the Concerned Citizens of Brundidge use of Galloway Park for the tent revival and March for Jesus in October. Moultry expressed appreciation on behalf of the CCOB and asked for prayers for the community wide event. Latest Stories Troy falls to No. 13 Clemson Published 11:00 pm Tuesday, September 6, 2011 The council made changes in the city’s FY 2011 budget to reflect a couple of capital expenditures that were not expected but that improved the quality of life for the city’s citizens.“We have a large number of people who walk for exercise at the track on the campus of Pike County High School,” Thomas said. “The track needed to be resurfaced to make it safer and more enjoyable for walkers. The city received permission from the Pike County Board of Education to resurface the track. The cost for that project was $22,000.”Thomas said the city also re-roofed the former doctor’s clinic on the corner of Gilmore and South Main streets and resurfaced the parking lot at a cost of $15,700. By The Penny Hoarder Sales tax revenues increase for Brundidgelast_img read more