Trans-Nationwide Express Plc (TRANSE.ng) 2015 Annual Report


first_imgTrans-Nationwide Express Plc (TRANSE.ng) listed on the Nigerian Stock Exchange under the Transport sector has released it’s 2015 annual report.For more information about Trans-Nationwide Express Plc (TRANSE.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Trans-Nationwide Express Plc (TRANSE.ng) company page on AfricanFinancials.Document: Trans-Nationwide Express Plc (TRANSE.ng)  2015 annual report.Company ProfileTrans-Nationwide Express Plc is a transport and logistics company in Nigeria offering services for domestic and international express delivery, haulage, freight and other ancillary transportation and storage services. Logistic services include warehousing, e-commerce, air/sea freight and removals/packaging services. Trans-Nationwide Express Plc also offers a mailroom management service and courier services as well as specialised courier services for diagnostic biological samples and clinical trial supplies. Established in 1984 and formerly known as TNT Skypak Nigeria Limited, the company changed its name to Trans-Nationwide Express Plc in 1992. Its head office is in Lagos, Nigeria. Trans-Nationwide Express Plc is listed on the Nigerian Stock Exchangelast_img read more

ZB Financial Holdings Limited (ZBFH.zw) 2016 Annual Report


first_imgZB Financial Holdings Limited (ZBFH.zw) listed on the Zimbabwe Stock Exchange under the Banking sector has released it’s 2016 annual report.For more information about ZB Financial Holdings Limited (ZBFH.zw) reports, abridged reports, interim earnings results and earnings presentations, visit the ZB Financial Holdings Limited (ZBFH.zw) company page on AfricanFinancials.Document: ZB Financial Holdings Limited (ZBFH.zw)  2016 annual report.Company ProfileZB Financial Holdings Limited provides financial solutions to the commercial and merchant banking sector in Zimbabwe, as well as retail banking services, insurance operations and strategic investments. Known as Zimbank, the company services its clients through a nationwide footprint of branches in major towns and cities in Zimbabwe and electronic delivery channels. The Insurance division provides structured insurance products for short- and long-term insurance; and the Strategic Investment division offers shared services which include risk management, compliance and human resources, and investments in property holdings and sub-sectors of the financial sector. ZB Financial Holdings Limited is listed on the Zimbabwe Stock Exchangelast_img read more

Standard Alliance Insurance Plc (STDINS.ng) 2016 Abridged Report


first_imgStandard Alliance Insurance Plc (STDINS.ng) listed on the Nigerian Stock Exchange under the Insurance sector has released it’s 2016 abridged results.For more information about Standard Alliance Insurance Plc (STDINS.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Standard Alliance Insurance Plc (STDINS.ng) company page on AfricanFinancials.Document: Standard Alliance Insurance Plc (STDINS.ng)  2016 abridged results.Company ProfileStandard Alliance Insurance Plc is an insurance company in Nigeria offering general and risk insurance as well as life assurance and annuity products and services for corporate and high net-worth individuals. Home insurance products cover homeowners, burglary and housebreaking, fire and special perils, risk and computer/electronics insurance. Business insurance products include professional indemnity, consequential loss, goods-in-transit, machinery breakdown, public/product liability, contractors all-risk and fidelity guarantee insurance. Engineering insurance products cover erection and plant all-risks insurance. Special risk insurance covers boiler and pressure vessels, marine cargo and hull, oil and gas, aviation insurance, travel and compulsory insurance. Formerly known as Jubilee Insurance Company Limited, the company changed its name to Standard Alliance Insurance Plc in 1996. The company’s head office is in Lagos, Nigeria. Standard Alliance Insurance Plc is listed on the Nigerian Stock Exchangelast_img read more

Cement Company Of Northern Nigeria Plc (CCNN.ng) 2016 Annual Report


first_imgCement Company Of Northern Nigeria Plc (CCNN.ng) listed on the Nigerian Stock Exchange under the Building & Associated sector has released it’s 2016 annual report.For more information about Cement Company Of Northern Nigeria Plc (CCNN.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Cement Company Of Northern Nigeria Plc (CCNN.ng) company page on AfricanFinancials.Document: Cement Company Of Northern Nigeria Plc (CCNN.ng)  2016 annual report.Company ProfileCement Company of Northern Nigeria Plc manufactures and sells cement in Nigeria under the brand name Sokoto Cement. The company produces CEM II type cement which is used by the home building and construction sectors in Nigeria for making cement blocks as well as for plastering and concrete works. CEM II type cement is renowned for its high early strength, rapid setting and low heat of hydration which is ideal for major construction works. The cement brand name is taken from the founder of the company, the Premier of the then Northern Region, Alhaji Sir Ahmadu Bello, Sardauna of Sokoto. It was incorporated in 1962 and started producing cement in 1967 to meet the demand for cement needed for the expansion of Kalambaina Plant. Cement Company of Northern Nigeria Plc was privatised and a member of Heidelberg Cement Group, Scancem International ANS of Norway, was elected core investor and technical partner in 2000. A Nigerian-based firm, Damnaz Cement Company Limited, became the new core investor in 2008 when Heidelberg divested its stake in the business. BUA International Limited acquired Damnaz Cement Company and became the majority shareholder in Cement Company of Nigeria plc and its technical partner. The company’s head office is in Lagos, Nigeria. Cement Company of Northern Nigeria Plc is listed on the Nigerian Stock Exchangelast_img read more

Ghana Commercial Bank Limited (GCB.gh) 2018 Annual Report


first_imgGhana Commercial Bank Limited (GCB.gh) listed on the Ghana Stock Exchange under the Banking sector has released it’s 2018 annual report.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)  2018 annual report.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

British American Tobacco Uganda (BATU.ug) 2019 Annual Report


first_imgBritish American Tobacco Uganda (BATU.ug) listed on the Uganda Securities Exchange under the Agricultural sector has released it’s 2019 annual report.For more information about British American Tobacco Uganda (BATU.ug) reports, abridged reports, interim earnings results and earnings presentations, visit the British American Tobacco Uganda (BATU.ug) company page on AfricanFinancials.Document: British American Tobacco Uganda (BATU.ug)  2019 annual report.Company ProfileBritish American Tobacco Uganda Limited (BAT Uganda) grows and processes tobacco in Uganda and sells cigarettes and other tobacco products to the local market and for export. Brands sold by BAT Uganda include Dunhill, Rex, Sportsman and Safari. Tobacco is grown in 13 districts in Uganda through a network of tobacco farmers. The raw tobacco is transported to the BAT Uganda green leaf threshing plant in Kampala where it is processed and packed for local and export cigarette consumption. BAT Uganda also exports tobacco leaves to cigarette manufacturers in Europe, Asia and other African countries. BAT Uganda is a subsidiary of British American Tobacco Investments Limited. British American Tobacco Uganda is listed on the Uganda Securities Exchangelast_img read more

I&M Holdings Limited (IM.ke) Q12019 Interim Report


first_imgI&M Holdings Limited (IMH.ke) listed on the Nairobi Securities Exchange under the Industrial holding sector has released it’s 2019 interim results for the first quarter.For more information about I&M Holdings Limited (IMH.ke) reports, abridged reports, interim earnings results and earnings presentations, visit the I&M Holdings Limited (IMH.ke) company page on AfricanFinancials.Document: I&M Holdings Limited (IMH.ke)  2019 interim results for the first quarter.Company ProfileI&M Holdings Limited (I&M Bank Group) is a financial services institution providing products and services for the personal, commercial and corporate sectors in Kenya, Tanzania, Rwanda, Uganda and Mauritius. Its product offering ranges from transactional accounts, home and car loans and overdraft and term loans to e-commerce payment and salary processing services, trade finance and insurance premium financing services I&M Bank Group also provides services for foreign exchange, fund transfers, tax payment, bancassurance and agency banking. Its investment management division offers securities accounts and fiduciary services and facilitates the purchase and sale of securities from the stock market and invests in government securities. Its asset finance division caters for personal and corporate clients and covers vehicle and machinery purchases and cash management services. Its head office is in Nairobi, Kenya. I&M Holdings Limitedlast_img read more

Fidson Healthcare Limited (FIDSON.ng) HY2019 Interim Report


first_imgFidson Healthcare Limited (FIDSON.ng) listed on the Nigerian Stock Exchange under the Health sector has released it’s 2019 interim results for the half year.For more information about Fidson Healthcare Limited (FIDSON.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Fidson Healthcare Limited (FIDSON.ng) company page on AfricanFinancials.Document: Fidson Healthcare Limited (FIDSON.ng)  2019 interim results for the half year.Company ProfileFidson Healthcare Limited manufactures and sells pharmaceutical and nutraceutical products in Nigeria including over-the-counter, ethical and consumer products. The company produces various drug classes for antacid and ulcer care, anti-diabetic, anti-malaria, anti-diarrhea, anti-psychotic as well as osteo-care, pain relief, colds and flu, thrombo-prophylactics and cardio-vascular products. Fidson Healthcare Limited also produces a range of nutraceuticals (health) products. The company was incorporated in 1995 and its head office is in Shomolu, Nigeria. Fidson Healthcare Limited is listed on the Nigerian Stock Exchangelast_img read more

Lux Island Resorts Limited (NRL.mu) Q32021 Interim Report


first_imgLux Island Resorts Limited (NRL.mu) listed on the Stock Exchange of Mauritius under the Tourism sector has released it’s 2021 interim results for the third quarter.For more information about Lux Island Resorts Limited reports, abridged reports, interim earnings results and earnings presentations visit the Lux Island Resorts Limited company page on AfricanFinancials.Lux Island Resorts Limited Interim Results for the Third Quarter DocumentCompany ProfileLux Island Resorts Limited, formerly known as Naïade Resorts Limited, is a collection of premium hotels in the Indian Ocean with running operations in Mauritius, the Réunion Island, the Maldives, China, Vietnam, Turkey, and the United Arab Emirates. The company however, operates as a subsidiary of IBL Ltd as of May 18, 2018. Lux Island Resorts Limited is listed on the Stock Exchange of Mauritius.last_img read more

Is it worth starting a pension at 50?


first_imgPension value after 17 years “This Stock Could Be Like Buying Amazon in 1997” I’m sure you’ll agree that having an extra £43k when you retire could come in pretty handy.If you’re prepared to do the extra research necessary to invest in individual shares, then you could potentially see much bigger returns on your cash.Current pension rules allow you to start withdrawing cash at age 55. If you’re already 50, your money won’t be locked away for long. I’d get started today. £215,899 +£43,179 Roland Head 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 Roland Head Our 6 ‘Best Buys Now’ Shares £259,078 Enter Your Email Address Is it worth starting a pension at 50? 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.center_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. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! If you’ve hit 50 and haven’t started a pension, then you may think it’s no longer worth starting one. However, if you can afford to set aside some cash each month, I think a pension could be one of the best ways to invest at this age. Here, I’m going to explain why I’d definitely still start a pension at 50.50 is the new 40!At 50 you’re still relatively young. You have another 17 years until you reach the new State Pension age of 67 that will apply to people born between March 1961 and April 1977.5G 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…Here at the Fool, we’d generally recommend a minimum of five years for stock market investments, ideally closer to 10. In my view, 17 years is a very comfortable timescale for investing in stocks.You will receive free cashIf you can spare some cash each month, you could just save into a Stocks and Shares ISA. But if you did this, you’d miss out on one of the biggest benefits that pensions provide — free cash.The reason for this is that the government provides tax relief on money paid into your pension. The way this works is that the taxman will credit the income tax you pay into your pension each year, up to certain limits.In the 2019/20 tax year, you can claim tax relief on up to 100% of your annual earnings, or a maximum pension contribution of £40,000. So if you earned £30,000 and paid £20,000 into your pension, the government would credit another £4,000 (20%) into your pension account.If you’re a higher rate taxpayer, you’ll receive matching tax relief for income on which you’ve paid the higher rate of tax. So in some cases, your pension contributions could be boosted by 40%, or even 45%.This cash could speed up your retirementHaving this tax relief credited into your pension account each year could really speed up your retirement savings. Let me explain how this could work.You pay: You’re a basic rate taxpayer and contribute £500 per month to your pension. Your contributions total £6,000 each year.Government pays: You’ll receive an extra £100 from the taxman for each month’s contribution. That’s an extra £1,200 each year.Total contributions: Your pension will get £7,200 each year, even though you’re only saving £6,000 yourself.This extra cash could have a big impact on your investment results.What I’d do in this situation is to open a SIPP (Self-Invested Personal Pension) and setup a monthly payment from my current account. I’d then invest the money in a stock market fund, or individual stocks and shares.In this example, I’ve assumed you’re paying in £500 per month and are investing the cash in a FTSE 100 tracker fund. The long-term average return from the UK stock market is about 8% each year. I’ve used this figure to calculate the future value of your pension fund and the benefit provided by pension tax relief: Benefit from pension tax relief 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. Roland Head | Monday, 27th January, 2020 With tax relief Simply click below to discover how you can take advantage of this. Without tax relieflast_img read more