Enterprise Group Limited (EGL.gh) HY2017 Interim Report

first_imgEnterprise Group Limited (EGL.gh) listed on the Ghana Stock Exchange under the Insurance sector has released it’s 2017 interim results for the half year.For more information about Enterprise Group Limited (EGL.gh) reports, abridged reports, interim earnings results and earnings presentations, visit the Enterprise Group Limited (EGL.gh) company page on AfricanFinancials.Document: Enterprise Group Limited (EGL.gh)  2017 interim results for the half year.Company ProfileEnterprise Group Limited is a leading financial services and insurance group in Ghana. The company operates in 6 segments; non-life assurance, life assurance, pension administration, real estate, funeral services and investments. Enterprise Group Limited offers an extensive portfolio of products and services ranging from funeral finance and family income protection to micro insurance, corporate risk, fidelity guarantee, cash-in-safe, home and personal assets protection and product liability insurance policies. Enterprise Group Limited also assists with pension fund management and real estate development and management. The company was founded in 1924 and its head office is in Accra, Ghana. Enterprise Group Limited is listed on the Ghana Stock Exchangelast_img read more

Agricultural Development Bank (ADB.gh) Q12018 Interim Report

first_imgAgricultural Development Bank (ADB.gh) listed on the Ghana Stock Exchange under the Banking sector has released it’s 2018 interim results for the first quarter.For more information about Agricultural Development Bank (ADB.gh) reports, abridged reports, interim earnings results and earnings presentations, visit the Agricultural Development Bank (ADB.gh) company page on AfricanFinancials.Document: Agricultural Development Bank (ADB.gh)  2018 interim results for the first quarter.Company ProfileAgricultural Development Bank (ADB) is a leading financial institution in Ghana with an agricultural development focus. In 1964, Bank of Ghana set up a Rural Credit Department to manage legislation and plans and procedures for a specialised bank for the agricultural sector. ADB was established in 1965 as the Agricultural Credit and Cooperative Bank. The bank was restructured in 2009 and positioned as a full-service financial institution with an agricultural focus; offering banking products and services to the retail, corporate, commercial, executive and parastatal sectors. ADB is responsible for providing up to 85% of institutional credit to the agricultural market. It also offers services in risk and treasury management. ADB has a national footprint with 78 branches located in the major towns and cities of Ghana, as well as automatic and mobile banking facilities. Agricultural Development Bank is listed on the Ghana Stock Exchangelast_img read more

The Initiates Plc (INITSP.ng) 2019 Abridged Report

first_imgThe Initiates Plc (INITSP.ng) listed on the Nigerian Stock Exchange under the Support Services sector has released it’s 2019 abridged results.For more information about The Initiates Plc (INITSP.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the The Initiates Plc (INITSP.ng) company page on AfricanFinancials.Document: The Initiates Plc (INITSP.ng)  2019 abridged results.Company ProfileThe Initiates Plc is a professional waste management company in Nigeria offering services for waste management, industrial cleaning and decontamination for the private and public sectors. The company head office is in Lagos, Nigeria. The Initiates Plc is listed on the Nigerian Stock Exchangelast_img read more

Lasaco Assurance Plc (LASACO.ng) Q32019 Interim Report

first_imgLasaco Assurance Plc (LASACO.ng) listed on the Nigerian Stock Exchange under the Insurance sector has released it’s 2019 interim results for the third quarter.For more information about Lasaco Assurance Plc (LASACO.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Lasaco Assurance Plc (LASACO.ng) company page on AfricanFinancials.Document: Lasaco Assurance Plc (LASACO.ng)  2019 interim results for the third quarter.Company ProfileLasaco Assurance Plc is a composite insurance and financial services company in Nigeria licensed to underwrite business in major sectors of the economy. This includes the heavy engineering, construction, banking and finance, manufacturing, agriculture and tourism sectors. Lasaco Assurance Plc’s business portfolio includes leadership and a significant stake in key federal and state government insurance businesses, multinational and private companies. The company also offers life cover to high-tech, capital intensive and special risk sectors such as oil and gas and aerospace. Lasaco Assurance Plc has business interests in property development and management as well as shareholdings in numerous blue chip enterprises. The company’s head office is in Lagos, Nigeria. Lasaco Assurance Plc is listed on the Nigerian Stock Exchangelast_img read more

Telekom Networks Malawi Limited (TNM.mw) Q22020 Interim Report

first_imgTelekom Networks Malawi Limited (TNM.mw) listed on the Malawi Stock Exchange under the Technology sector has released it’s 2020 interim results for the second quarter.For more information about Telekom Networks Malawi Limited (TNM.mw) reports, abridged reports, interim earnings results and earnings presentations, visit the Telekom Networks Malawi Limited (TNM.mw) company page on AfricanFinancials.Document: Telekom Networks Malawi Limited (TNM.mw)  2020 interim results for the second quarter.Company ProfileTelekom Networks Malawi Limited is the major provider of telecommunication services in Malawi; offering a range of products that include post- and pre-paid airtime, interconnections, international incoming and roaming, handsets, equipment and accessories. Additional products and services include smart data packages, a mobile money wallet called Mpamba, Yanga Internet bundles; as well as voice services which include caller tune, call conference and mobile directory services. Value-added services include Me2U which allows customers to share airtime, Pasavute airtime services, and multimedia messaging services. Innovations include the introduction of 3.5g broadband services and high-speed wireless Internet access, voice and data connectivity, and video and music streaming. Telekom Networks Malawi Limited was the first mobile network operator in Malawi and was established as a joint venture between Telekom Malaysia and the then government-owned Malawi Telecommunications Limited (MTL). Telekom Malaysia sold its 60% majority stake in TNM and the telecommunication enterprise is now a wholly-owned Malawi company. Telekom Networks Malawi is listed on the Malawi Stock Exchangelast_img read more

Aiico Insurance Plc (AIICO.ng) Q12020 Interim Report

first_imgAiico Insurance Plc (AIICO.ng) listed on the Nigerian Stock Exchange under the Insurance sector has released it’s 2020 interim results for the first quarter.For more information about Aiico Insurance Plc (AIICO.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Aiico Insurance Plc (AIICO.ng) company page on AfricanFinancials.Document: Aiico Insurance Plc (AIICO.ng)  2020 interim results for the first quarter.Company ProfileAiico Insurance Plc is a leading insurance company in Nigeria offering life assurance and annuity, general insurance and special risk, pension management, health insurance and asset management. The company is the second-largest insurance company in Nigeria by gross premiums and has a diversified client base which includes corporations, financial institutions, governments and individuals. Life insurance products include an annuity plan, corporate savings plan, education, flexible endowment plan, group life insurance plan, income investment plan, life celebration plan, mortgage protection plan, term assurance and three payment plant. Aiico Insurance Plc has a controlling stake in Multishield Plc and a minority stake in Healthcare International Plc and Aiico Capital Plc. The company’s head office is in Lagos, Nigeria. Aiico Insurance Plc is listed on the Nigerian Stock Exchangelast_img read more

First Mutual Properties Limited (FMP.zw) HY2020 Presentation

first_imgFirst Mutual Properties Limited (FMP.zw) listed on the Zimbabwe Stock Exchange under the Property sector has released it’s 2020 presentation results for the half year.For more information about First Mutual Properties Limited (FMP.zw) reports, abridged reports, interim earnings results and earnings presentations, visit the First Mutual Properties Limited (FMP.zw) company page on AfricanFinancials.Document: First Mutual Properties Limited (FMP.zw)  2020 presentation results for the half year.Company ProfileFirst Mutual Properties, formerly known as Pearl Properties Limited, is a subsidiary of First Mutual Holdings. It is a real estate company with vested interests in the development and management of commercial properties in the major towns of Zimbabwe. First Mutual Properties has a significant property portfolio, comprising some 117 250 square metres of lettable space made up of office parks, retail shops, commercial and industrial property. It owns and manages 41 buildings in the major economic hubs of Zimbabwe, including high-rise commercial buildings, industrial and warehouse properties and retail outlets. First Mutual Properties also has a residential trading stock of two- and three-bedroomed garden flats in Avondale, Harare. First Mutual Properties is listed on the Zimbabwe Stock Exchangelast_img read more

Seed Co Limited (SEED.zw): Securing of 78.08% Offer Acceptance by SCIL from SCL shareholders

first_imgSeed Co Limited (SEED.zw) listed on the Zimbabwe Stock Exchange under the Agricultural sector has released it’s 2021 circular For more information about Seed Co Limited (SEED.zw) reports, abridged reports, interim earnings results and earnings presentations, visit the Seed Co Limited (SEED.zw) company page on AfricanFinancials.Document: Seed Co Limited (SEED.zw)  2021 circular Company ProfileSeed Co Limited is the leading producer and marketer of certified crop seeds in Zimbabwe, supplying hybrid maize seed to commercial farmers as well as wheat, soya bean, barley, sorghum and ground nut seed. The seeds is grown from parent seeds under contract by an established network of seed producers. Innovation and pioneering breeding methods drive the Seed Company’s success; having successfully developed hybrid crop seed varieties in Zimbabwe that are recorded as the highest yielding varieties in their class. The Seed Company has a dedicated research team; producing hybrid crop seeds and non-hybrid cereals and oil crop seed varieties that are suitable and adaptable for Zimbabwe’s ecological conditions. Seed Co Limited is listed on the Zimbabwe Stock Exchangelast_img read more

Forget gold and Bitcoin! I’d buy the FTSE 250 after recent declines

first_imgForget gold and Bitcoin! I’d buy the FTSE 250 after recent declines See all posts by Rupert Hargreaves 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. Rupert Hargreaves 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. “This Stock Could Be Like Buying Amazon in 1997” 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! The recent market turbulence has sent investors running for cover. Safe havens, such as gold and Bitcoin, have been in demand. However, rather than rushing to buy one of these assets, I’m putting my money in the FTSE 250 instead.Buying the FTSE 250The problem with both gold and Bitcoin is the fact these are speculative investments. They’re only worth as much as someone is willing to pay for them. What’s more, it costs a lot to own these assets. Storage costs, as well as transaction fees, can amount to several percentage points of value every year.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…You can reduce costs by owning gold and Bitcoin through funds. But what’s the point of owning a safe haven if you’re relying on someone else to manage it for you?Meanwhile, the FTSE 250 could be a much more attractive investment over the long run.Higher returnsSince its inception three-and-a-half decades ago, the index has returned around 10% per annum for investors. That’s far more than gold. Bitcoin has outperformed the index, but that’s only thanks to its explosive run in the past five years. Going forward, it’s highly likely that this trend will continue. While it’s impossible to predict where the markets will trade over the next few weeks or months, over the long term, it’s highly likely that stocks will produce a return in line or above inflation. That’s because companies tend to increase prices with inflation.On top of this, technological advancements should lead to more efficient operations and higher profit margins. These factors have helped the index produce a double-digit return over the past few decades.While economic growth might come to a shuddering halt this year, over the long term, the global economy should continue to expand.Time to buy?Compared to owning gold and Bitcoin, it is relatively easy to hold the FTSE 250. Most online investment platforms allow investors to set up a regular plan in stocks and funds. Some of these platforms even offer discounts on funds, which means investors can pick up an FTSE 250 tracker fund today with fees of less than 0.1%.Owning a low-cost tracker fund also reduces the risk of bad stock picking. Picking stocks can be a time-consuming and daunting process. Even the professionals get it wrong regularly.You don’t have to worry about this with tracker funds. They’re designed the track the underlying index which, in this case, is the FTSE 250. In other words, you can acquire a portfolio of 250 companies at the click of a button without having to do any extra work.Considering the current market environment, this could be the best option for investors who’re looking to take advantage of market volatility.Put simply, the FTSE 250’s performance over the past few decades shows it could be a much better investment than gold and Bitcoin over the long run.center_img Our 6 ‘Best Buys Now’ Shares Simply click below to discover how you can take advantage of this. Enter Your Email Address Image source: Getty Images Rupert Hargreaves | Sunday, 15th March, 2020 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.last_img read more

Why I think it’s a great time to invest in a Lifetime ISA

first_img The Lifetime ISA, which is open to those aged between 18 and 40, is an extremely powerful long-term investment vehicle. Not only does it enable those saving for retirement to shelter their money from the taxman like other ISAs, but it also comes with 25% bonuses on contributions up to the annual allowance of £4,000 (up to age 50). This means that you can potentially pick up bonus savings of up to £1,000 per year, for free.In the current financial environment, that risk-free 25% bonus could be a huge financial advantage. Put that bonus money to work now, while the stock market is depressed, and the results could be incredible in the long run.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…Buying opportunitiesThe recent stock market crash has thrown up some amazing opportunities for long-term investors. Whether you’re investing for dividends or growth, there are some bargains on offer.Take alcoholic drinks champion Diageo – which owns a number of top brands including Johnnie Walker, Tanqueray, and Smirnoff – for example. A little over a month ago, it was trading at 3,200p on a P/E ratio of nearly 25 with a yield of 2.1%. Now, however, the shares can be bought for around 2,400p which equates to a P/E of 18 and a yield of 2.9%. I think that’s a steal, given the company’s track record and long-term growth prospects.Another example of a stock that looks attractively priced right now, to my mind, is JD Sports Fashion. Its share price has fallen from around 880p to under 300p over the last month. That means its P/E ratio has dropped from around 30 to just 11. I see that as a bargain. These are just a few examples of the opportunities available to investors right now. There are plenty more. For this reason, I think it’s a great time to be drip-feeding money into the market.25% more buying powerNow, going back to the Lifetime ISA, the advantage of investing within this account, as opposed to a regular trading account or a Stocks and Shares ISA, is that you’ll have 25% more buying power. That could make a big difference to your wealth over time.For example, let’s say you have £2,000 to invest in shares right now. If you invest within a Lifetime ISA, your £2,000 will be automatically boosted to £2,500. Now, let’s say your shares rise by 50% over the next two years as the stock market recovers from its recent crash. This means your £2,500 investment would be worth £3,750. That’s £750 more than it would be worth had you just simply invested your £2,000 in a regular trading account. That’s the power of the Lifetime ISA. That 25% bonus can very be powerful.I’ll point out that the Lifetime ISA does have some restrictions to be aware of. This ISA isn’t as flexible as other ISAs. Yet in my view, the 25% bonus outweighs the restrictions. If you’re investing for retirement, I think it’s a great account to use. 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. Image source: Getty Images Enter Your Email Address “This Stock Could Be Like Buying Amazon in 1997” See all posts by Edward Sheldon, CFA Why I think it’s a great time to invest in a Lifetime ISA Edward Sheldon owns shares in Diageo and JD Sports Fashion. The Motley Fool UK has recommended Diageo. 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.center_img 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. Simply click below to discover how you can take advantage of this. 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. Edward Sheldon, CFA | Saturday, 21st March, 2020 last_img read more