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first_imgTanzania Breweries Limited (TBL.tz) listed on the Dar es Salaam Stock Exchange under the Beverages sector has released it’s 2014 interim results for the half year.For more information about Tanzania Breweries Limited (TBL.tz) reports, abridged reports, interim earnings results and earnings presentations, visit the Tanzania Breweries Limited (TBL.tz) company page on AfricanFinancials.Document: Tanzania Breweries Limited (TBL.tz)  2014 interim results for the half year.Company ProfileTanzania Breweries Limited produces, distributes and sells malt beer in Tanzania, as well as non-alcoholic malt beverages and alcoholic fruit beverages. The company markets its own products under the following liquor brands; Safari Lager, Kilimanjaro Premium Lager, Ndovu Special Malt and Konyagi. Tanzania Breweries also produces and distributes Castle Lager, Castle Milk Stout, Castle Lite, Peroni and Redds Premium Cold under license from SABMiller International BV. It also distributes international wines and spirits under license from Distell (Pty) Limited of South Africa. It is the largest and oldest brewing company in Tanzania, with breweries in Dar es Salaam, Arusha, Mwanza and Mbeya. Tanzania Breweries Limited is a subsidiary of SABMiller Africa BV. Tanzania Breweries Limited is listed on the Dar es Salaam Stock Exchangelast_img

first_imgCavmont Capital Holdings Plc (CCHZ.zm) listed on the Lusaka Securities Exchange under the Investment sector has released it’s 2017 annual report.For more information about Cavmont Capital Holdings Plc (CCHZ.zm) reports, abridged reports, interim earnings results and earnings presentations, visit the Cavmont Capital Holdings Plc (CCHZ.zm) company page on AfricanFinancials.Document: Cavmont Capital Holdings Plc (CCHZ.zm)  2017 annual report.Company ProfileCavmont Capital Holdings Zambia Plc is a registered commercial bank in Zambia and the holding company of Cavmont Bank Limited. Cavmont Bank was established in 2004 through the merger of Cavmont Merchant Bank Limited and New Capital Bank Plc. The financial institution offers products and services for retail, commercial and corporate banking; including treasury and credit products. In addition to general transaction accounts, clients of Cavmont Bank are offered solutions for long-term savings and investments, time and repo deposits, foreign exchange trading, personal and business loans, overdraft and salary advance accounts, residential and building loans, invoice discounting facilities, guarantee bonds, and short- and medium-term finance options. Cavmont Bank has 19 branches operating in the major towns and cities of Zambia. Cavmont Capital Holdings Zambia Plc. is listed on the Lusaka Stock Exchangelast_img

first_img Image source: Getty Images Kirsteen Mackay | Monday, 16th March, 2020 Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! As the UK Stock Market continues to tumble and uncertainty abounds in response to the world’s coronavirus pandemic, there’s an eery similarity to the 1929 stock market crash on Wall Street.The 1929 stock market crash, or Great Crash, is considered to be the most destructive stock market crash in US history, mainly because it signalled the start of the Great Depression. A big crash on the London Stock Exchange also preceded it on September 20 1929.5G 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…Financial pandemoniumCovid-19 is bad news for stocks as well as a tragedy for people. The world’s financial markets have rarely seen such turmoil across the board. The FTSE 100 fell 7.7% a week ago on March 9, three days later it fell 10.9% and today it’s down 7.7% as I write.The Fed yesterday cut interest rates to zero and The Bank of England cut its interest rate to 0.25% last week. The government has pledged billions of pounds to help businesses and individuals cope with the downturn, but none of it appears to be making any difference and the stock markets continue to fall.Bargain sharesAs the FTSE 100 and FTSE 250 crash, many companies are looking at an uncertain future. I think dividend cuts are on the cards and some businesses may well face go under as they did in the 1929 stock market crash.However, the FTSE is full of strong businesses and I do think many companies will survive. At the Fool, we take a long-term view of investing and this is a time to look to buy such businesses for the future, possibly the distant future.I’d avoid oil stocks and any firms with high levels of debt. I don’t think we’ve reached the bottom of the crash yet, so it’s a time to be researching and creating a watchlist of good quality companies to buy when the market shows signs of recovery.I think a global recession is now likely, as is an extended bear market. For active investors, this doesn’t have to be as bad as it may sound.Long-term investing should be for a period of years. It’s about buying shares in good quality companies that can stand the test of time. Although the market may have further to fall, as it did in the 1929 stock market crash, this means overpriced companies become affordable and strong businesses become value plays.Seek safe sectorsThe demise of FlyBe and the spectacular Cineworld share price fall (down 75% in a month) are clear warnings for their sectors. Meanwhile, the Tesco share price hasn’t suffered too badly in comparison, down 14% in a month. It’s well placed to cater to the panic-buying masses and geared to provide its grocery home-delivery service to those in self-isolation, unlike the budget supermarkets, Lidl and Aldi.The Reckitt Benckiser share price is down 16% in a month but as the maker of Dettol, it looks to be experiencing heightened demand for some of its products.I’d be wary of buying any of these stocks too soon though, in case the market has further to fall. But I think it’s wise to be researching good buys for the future.There are many top quality companies on the FTSE 350 but even if this does end up being as bad as the 1929 stock market crash, it will eventually recover and savvy investors will have made their fortunes. “This Stock Could Be Like Buying Amazon in 1997” Our 6 ‘Best Buys Now’ Shares See all posts by Kirsteen Mackay The FTSE 100 crash continues, reminiscent of the 1929 stock market crash!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. 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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. Kirsteen has no position in any of the shares mentioned. The Motley Fool UK has recommended Tesco. 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.last_img

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