Sovereign Trust Insurance Plc (SOVREN.ng) listed on the Nigerian Stock Exchange under the Insurance sector has released it’s 2010 annual report.For more information about Sovereign Trust Insurance Plc (SOVREN.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Sovereign Trust Insurance Plc (SOVREN.ng) company page on AfricanFinancials.Document: Sovereign Trust Insurance Plc (SOVREN.ng) 2010 annual report.Company ProfileSovereign Trust Insurance Plc is an insurance and risk management services company in Nigeria licensed to cover all cases of life and non-life insurance. Products cover the spectrum of travel, quote and buy, family wellbeing, vehicle, 3 rd party motor and marine insurance. Sovereign Trust Insurance Plc was established following the restructuring and recapitalisation of the then Grand Union Assurances Limited. Its head office is in Lagos, Nigeria. Sovereign Trust Insurance Plc is listed on the Nigerian Stock Exchange
Diamond Trust Bank of Kenya Limited (DTK.ke) listed on the Nairobi Securities Exchange under the Banking sector has released it’s 2015 abridged results.For more information about Diamond Trust Bank of Kenya Limited (DTK.ke) reports, abridged reports, interim earnings results and earnings presentations, visit the Diamond Trust Bank of Kenya Limited (DTK.ke) company page on AfricanFinancials.Document: Diamond Trust Bank of Kenya Limited (DTK.ke) 2015 abridged results.Company ProfileDiamond Trust Bank of Kenya Limited is a financial services and insurance group providing products and services to clients in Kenya, Tanzania, Uganda and Burundi. The company offers a diverse range of products for transactional banking as well as a full service offering for mortgages, asset financing and an insurance premium finance facility. Its treasury services include spot and forward foreign exchange transactions, cross currency swaps and deals, fixed income securities, corporate bonds, fixed income securities, structured treasury products and money market products. Its trade finance services include letters of credit, documentary and clean collections, negotiation of export bills, suppliers credit financing and bank guarantees. Formerly known as Diamond Trust of Kenya, the company changed its name to Diamond Trust Bank Kenya Limited in 1997. Its head office is based in Nairobi, Kenya. Diamond Trust Bank of Kenya Limited is listed on the Nairobi Securities Exchange
Williamson Tea Kenya Limited (WTK.ke) listed on the Nairobi Securities Exchange under the Food sector has released it’s 2016 annual report.For more information about Williamson Tea Kenya Limited (WTK.ke) reports, abridged reports, interim earnings results and earnings presentations, visit the Williamson Tea Kenya Limited (WTK.ke) company page on AfricanFinancials.Document: Williamson Tea Kenya Limited (WTK.ke) 2016 annual report.Company ProfileWilliamson Tea Kenya Limited cultivates, manufactures and sells tea in Kenya and exports to international markets. The company operates tea farms in Changoi, Kaimosi, Kapchorua and Tinderet. It is a fifth-generation tea farming business committed to growing high quality green tea leaf and produces a selection of loose-leaf tea and loose-leaf teabags. Well-known brands in its product range include Duchess Grey, Traditional Afternoon, Lifeboat Tea, Kenya Earth, Green Earl Grey, Purple Blush, Mint Garden, Earl Grey Purple, Purple Matcha and Green Matcha. Williamson Tea Kenya Plc also has interests in property investment and has a division which sells and services generators. Williamson Tea Kenya Plc is a subsidiary of Ngong Tea Holdings Limited. The head office is in Nairobi, Kenya. Williamson Tea Kenya Limited is listed on the Nairobi Securities Exchange
Axia Corporation Limited (AXIA.zw) listed on the Zimbabwe Stock Exchange under the Retail sector has released it’s 2017 abridged results.For more information about Axia Corporation Limited (AXIA.zw) reports, abridged reports, interim earnings results and earnings presentations, visit the Axia Corporation Limited (AXIA.zw) company page on AfricanFinancials.Document: Axia Corporation Limited (AXIA.zw) 2017 abridged results.Company ProfileAxia Corporation Limited is a retail enterprise that sells specialty homeware furniture and electrical appliances through 38 nationwide retail outlets; and retails automotive spares across multiple channels with a footprint that stretches to Zambia and Malawi. The company’s core expertise lies in providing a reputable service for inbound clearing and bonded warehousing; ambient and chilled/frozen warehousing services; logistics, marketing, sales and merchandising services. Axia has three business units which include TV Sales & Home (TVSH), a leading furniture and electronic appliance retailer; Transerv, retailing automotive spares, and Distribution Group Africa (DGA), an established distribution and logistics company. Axia Corporation Limited is listed on the Zimbabwe Stock Exchange
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Save my name, email, and website in this browser for the next time I comment. Orlando, Fla. – Bob Poe, a Democratic candidate for Florida’s 10th Congressional district, on Friday convened a roundtable on how to combat HIV and the stigma that prevents at-risk Central Florida communities from getting tested and treated.The 10th Congressional District includes Apopka and Northwest Orange County.Dr. Marie-Jose Francois of the Center for Multicultural Wellness and Prevention hosted the roundtable. More than a dozen attendees from around Orlando and Central Florida participated, including people living with HIV, representatives from social services agencies, and community leaders.Attendees identified the lack of HIV education aimed at young people as a key reason new HIV diagnoses are on the rise, and discussed specific ideas to boost outreach to youth communities.“People don’t talk about HIV because of the fear, the shame, and the stigma,” said Bob Poe. “And it keeps people from actually getting diagnosed in the first place, and treated. But there’s stigma about many things in life, like poverty and unemployment, too. So we’re here to figure out what to do, how to do it, and how to make a difference.”“We’re not talking about politics now – we’re in the HIV arena,” said Dr. Marie-Jose Francois. “We know education is very, very important. We know HIV is manageable, but what about the young people who don’t know their status? We’re living in 2016, and there’s a real complacency about HIV. Until there’s a vaccine, education is the only tool we have.”“It’s insane that we have the HIV rate that we have right now,” said one participant. “Part of the reason is that there are so few people open about their status. People have this bizarre idea about what people with HIV are like. They’re like everyone at this table. We’re just like everybody else. But 18, 19, and 20 year-olds aren’t speaking out about it.”Poe made national headlines last week by announcing he has been HIV-positive for the past 18 years, including in The Apopka Voice, Associated Press, MSNBC, CNN, Washington Post, and other outlets. LEAVE A REPLY Cancel reply UF/IFAS in Apopka will temporarily house District staff; saves almost $400,000 Please enter your name here Previous articleWhat Mindfulness Has Taught Me About Father’s DayNext articleApopka files lawsuit against former Administrator Richard Anderson Dale Fenwick RELATED ARTICLESMORE FROM AUTHOR Gov. DeSantis says new moment-of-silence law in public schools protects religious freedom Share on Facebook Tweet on Twitter Florida gas prices jump 12 cents; most expensive since 2014 You have entered an incorrect email address! Please enter your email address here Please enter your comment!
* Fundraiser of the Year Sponsored by the Fundraising Standards Board (FRSB)* Partnership Fundraising Award Sponsored by the PFRA* Direct Marketing and Communications AwardThe winners will be announced at the Annual Fundraising Awards Dinner on 11 November 2009.www.scottishconference.org.uk/www/award/ AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis 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. 21 total views, 1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Howard Lake | 30 September 2009 | News Nominations for the Annual Fundraising Awards close on 2 October 2009. The awards are designed to provide Institute of Fundraising Scotland members with the opportunity to recognise charities and fundraisers for the work they undertake to benefit the community.The four awards are:* Volunteer Fundraiser/Fundraising Group of the Year Advertisement Nominations for Scottish Annual Fundraising Awards close this week Tagged with: Awards Institute of Fundraising Scotland
July 20 — The bailout deal signed by Greek Prime Minister Alexis Tsipras and the European bankers has brought more hardship to the Greek workers, more money to the bankers and shows that electoral politics without vigorous class struggle is a dead end for the working class.Cutting pensions and raising sales taxes on items needed to survive so that bankers can be paid are a crime against the working class. Yet that has been agreed to by Tsipras and his new-found bourgeois allies: the center-right New Democracy party, the bourgeois social democrats in PASOK and the To Potami party. They made up the votes he needed in Parliament due to defections from the Syriza delegation.As the banks reopen on a limited basis, new taxes are being imposed on the masses. A value added tax, or sales tax, has now been placed on restaurants, taxis, other forms of transportation, some types of meat, milk, cooking oil and many other basic necessities. The sales taxes are severe, going from 13 percent to 23 percent — almost doubling this regressive form of taxation that falls heaviest on the workers, the poor and the elderly.These increases are being imposed on a basically impoverished population that is in the midst of a Great Depression. The Greek economy has shrunk by 25 percent; there is 26 percent overall unemployment and 50 percent youth unemployment. One-third of pensioners are in danger of falling into poverty.Over 2.5 million people — in a country of 11 million — have no health insurance. Some 800,000 people are estimated to lack unemployment insurance, which also carries medical insurance. Health care spending was 9.3 percent of the budget in 2012; it had already fallen to 5 percent under the existing banker-imposed austerity program, and will now decline further.It is no surprise there was a 35 percent increase in the suicide rate during the first two years of austerity. (Newsweek, July 15)Bankers repaid as cuts are enactedThe cruel farce of a so-called bailout for the Greek government was played out today as Brussels transferred 7.16 billion euros to Athens. This bailout payment had been allocated to the Greek government long ago and was held in a European Union fund euphemistically called the Emergency Financial Stability Mechanism.The bankers had refused to release the money until the Greek financial system was on its knees and the banks were closed down.The money was released after the Greek government, backed by the Parliament, put into place the sales tax increases and ratified pension reductions along with attacks on union rights that make it easier to fire workers. The Greek government also had to transfer 50 billion euro to a privatization fund. All these were called “confidence-building” measures. These cuts were a prior condition to beginning negotiations with the bankers on an additional 80 billion euro bailout going forward.Once the bankers were “confident” that the Greek government was implementing draconian austerity measures, Brussels sent the emergency funding.Where did the money go? It went to paying the European Central Bank 4.2 billion euro, the International Monetary Fund 2.05 billion euro and the National Bank of Greece 500 million euro. The relatively small amount left over was deposited in escrow to be available to London and other non-eurozone countries as security in case they suffer any future losses from the bailout process.Not one euro went to the Greek government for expenses to relieve the suffering of the Greek people.Debt relief scamTwo days before the deal was made in Brussels by the eurozone ministers and Tsipras, the IMF issued a report saying that while “reform” — read austerity cuts — was absolutely essential, Greece would need massive debt relief because the debt could not be paid. This was directed against the German bankers and their bloc of countries in the eurozone. In the end the final agreement said there would be “no haircuts” — no reduction in the debt principal.The IMF has threatened to refuse to participate in the bailout without debt relief for Greece, perhaps including a 30-year moratorium before the debt has to be paid. This may seem like a generous gesture, but it is entirely self-serving for the financiers.In the first place, the Greek government is insolvent and cannot pay the debt. So any debt payment will have to be financed by loans from the IMF, the European Central Bank or European bankers directly.With the Greek government indebted for over 300 billion euro and about to negotiate another 80 billion euro loan, the entire debt structure will become a danger to the bankers themselves.So a moratorium on debt payments is actually a moratorium on having to make more risky loans to Greece.Secondly, if the debt is unsustainable, that means default is on the agenda. Greece has already missed two loan payments to the IMF. But if a loan is in default, it has to be marked down on the books. It is no longer an asset and the amount of the write-down must be replaced by additional capital contributions by the bank. So a moratorium on debt payment turns the unpayable loans into “performing” loans that are deferred for a given period of time. This protects the balance sheets of the banks.What is ‘Europe’?The euro bankers and the Tsipras faction of Syriza tried to terrorize the masses into accepting the austerity deal with the threat of “leaving Europe.” Leaving the eurozone — that is, leaving the euro currency — was made equivalent to leaving Europe, meaning the European Union.But it should be remembered that the British ruling class refused to give up the pound when the common currency union was formed. So did Denmark and other countries. These countries are not in the eurozone. They are in the European Union while retaining their own currency and their financial sovereignty.When Britain and Denmark refused the euro, they were given an “opt out” option, even though every EU country is supposed to apply to become a member of the eurozone.So the Greek government would be following a precedent if it demanded an “opt out” of the euro, while retaining membership in the EU. This would mean that Greeks could continue to travel throughout Europe without having to apply for visas while retaining the common benefits of being in the EU.But even while that should be legally and politically possible, the ideological damage in promoting the idea of “Europe” without applying a Marxist, class approach is extremely dangerous and all too common.The EU is a group of capitalist states, ruled by exploiting and plundering ruling classes. Their motivation for sustaining “Europe,” that is, the EU, is to be able to compete economically with U.S. imperialism and Japan. The capitalist classes of Europe were willing to set up a structure by which Wall Street and Washington would face common tariff barriers, commercial rules and regulatory oversight.Also, by centralizing power in a Brussels-based bureaucracy, the European bankers could reverse gains the working class had won in countries where workers were organized in strong unions and workers’ parties, such as France and Italy.U.S. imperialism, on the other hand, wants a stable European capitalist structure to endure for a number of reasons. First, the corporations and bankers want a large uniform market where they can invest and conduct commerce across borders with a very large population. The European Union encompasses 508 million people; the eurozone covers 338 million of them.Second, they do not want political conflict to endanger the NATO alliance in any way. This is their bulwark for world domination, second only to the Pentagon itself. While the German imperialists hold economic sway over Europe, Washington wants to ensure its military sway over a unified NATO and European alliance.Opposed to these capitalist interests in Europe is the multinational European working class, exploited by the capitalist classes of Europe, the U.S. and Japan. The European working class is filled with immigrant workers who suffer severe oppression, which is getting worse.Europe, for the workers, should signify a continent-wide proletariat that must unite in common cause against the collective power of capitalist Europe, as well as show its international solidarity with the workers and the oppressed of the world. Some of these states are rich; some are poorer, like Spain, Portugal, Italy, Ireland and Greece. But they are all dominated by the exploiting classes, and must be fought as such.Parliamentary road alone leads to a dead endIf the latest Greek crisis and the capitulation to the bankers mean anything, it is that all electoral activity of the masses has to be subordinated to, and integrated with, the organized, militant class struggle.In the long run, elections under capitalism can, at best, only be a measure of the maturity of the working class, as Frederick Engels famously said. They can provide an indicator of when the working class is ready to bid for power.But long before that point is reached, the obsession with elections as the fundamental lever in making gains for the working class must be abandoned. The latest experience of the betrayal of the Greek masses underscores this point.Greece held two elections in five months. The first was an election in January that Syriza won with 35 percent of the vote — as the party opposing austerity. The second was the July 5 referendum on austerity, in which 61 percent voted No.To accept the deal, the Tsipras faction used a vote in Parliament — an indirect vote — to overturn the direct vote of the masses that had firmly rejected austerity. Defying his own party, Tsipras really had no right to represent Syriza. The Political Secretariat of his party opposed the deal; the Central Committee of 201 voted it down with 109 votes against. (sputniknews.com, July 15) Some 33 Syriza MPs voted no, six abstained and three Syriza ministers resigned, including the speaker of the Parliament and a leader of the Left Platform.But Tsipras, knowing he could not sell this betrayal in his own party, made a deal ahead of time with the bourgeois parties to override the referendum.In Greece, as well as elsewhere in Europe, there is an overemphasis on elections; the class struggle has taken a secondary place. This is just the reverse of what it should be. The class struggle against the bosses and their stooges in Parliament and in government should be primary.This message should also be heard in the United States, as the ruling class gears up for its quadrennial presidential charade in which the masses “choose” which leaders of the oppressing and exploiting class will rule.The labor movement and militant workers should not be pulled into running after Hillary Clinton, Bernie Sanders or any other candidate who wants to preside over the capitalist state. That is the lesson of Greece.Goldstein is the author of two books, “Capitalism at a Dead End” and “Low-Wage Capitalism.” More of his writing is available at lowwagecapitalism.org and on his Facebook page.FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare this
FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare this A “Hands Off Venezuela PDX” coalition marched on Feb. 8, ending by covering doors of the Federal Building with their demands.On the cold, rainy evening of Feb. 8, a new coalition, “Hands Off Venezuela PDX,” gathered in Portland’s Terry Schrunk Plaza between City Hall and the Green-Wyatt Federal Building. Activists came from several groups, including Veterans for Peace, the Portland Central America Solidarity Committee, Portland Jobs With Justice, Democratic Socialists of America, the International League of People’s Struggles and the Portland branch of Workers World Party. The snap coalition was formed in a week by local activists to get this initial demonstration supporting Bolivarian Venezuela into the streets. More actions are planned for the future, with regular meetings to steer the local anti-war and anti-imperialist response to the ongoing U.S. coup attempt against Venezuela. Speakers highlighted the absurdity of coup leader Juan Guaidó’s claim to the Venezuelan presidency, with Western countries’ approval of the attempted coup representing a serious violation of international noninterference and Venezuelan sovereignty.A member of Veterans for Peace made comparisons to U.S. hostilities in the 1980s when Elliot Abrams, recently appointed as Trump’s “Special Envoy for Venezuela,” was a key Reagan administration official involved in illegally funding right-wing death squads in Nicaragua. The author of this article also spoke, calling for a united anti-war coalition of all progressive movements, and emphasizing the many gains in Venezuela that stand to be wiped out if the U.S. coup is successful. The Bolivarian government uses the money from its own natural resources to benefit its people — by building millions of units of free public housing, expanding food and medical access in poor areas, restoring Indigenous land titles, implementing reforestation efforts and sustainable agriculture, and supporting local artists and musicians in working-class communities. Several speakers raised that Venezuela sits on the world’s largest oil reserves and that U.S. officials, most notably National Security Advisor John Bolton and Sen. Marco Rubio of Florida, have been clear that control of oil is a key goal of U.S. intervention in Venezuela. But the U.S. wants the money from Venezuela’s oil to go into the pockets and portfolios of huge U.S. energy companies like Valero and Chevron, so Washington is backing a criminal coup to make that happen. After the speeches, demonstrators chanted anti-imperialist slogans and momentarily blocked traffic as they marched to the Federal Building, where they taped dozens of coalition statements to the doors.The statement read, in part, “The current economic sanctions do not help [. . .,] they are designed to inflict pain in the hope that it will lead to the overthrow of the government” and “We firmly assert the future of Venezuela is a matter for Venezuelans [. . .] no sanctions, no coup, no military intervention. Hands off Venezuela!” The beginnings of a Portland anti-war movement have quickly formed in response to U.S. imperialism, and are loudly declaring their opposition.The coalition now turns to organizing a demonstration on Feb. 23, the one-month anniversary of the attempted U.S. coup. Nationwide demonstrations have been called for that day to denounce U.S. war and aggression against Venezuela, a country that represents the international struggle toward socialism.