|
Thursday 28th of April 2016 |
Morning Africa |
Register and its all Free.
If you are tracking the NSE Do it via RICHLIVE and use Mozilla Firefox as your Browser. 0930-1500 KENYA TIME Normal Board - The Whole shebang Prompt Board Next day settlement Expert Board All you need re an Individual stock.
The Latest Daily PodCast can be found here on the Front Page of the site http://www.rich.co.ke |
read more |
|
The conscious and intelligent manipulation of the organized habits and opinions of the masses is an important element in democratic society Law & Politics |
The conscious and intelligent manipulation of the organized habits and opinions of the masses is an important element in democratic society. Those who manipulate this unseen mechanism of society constitute an invisible government which is the true ruling power of our country. We are governed, our minds are molded, our tastes formed, our ideas suggested, largely by men we have never heard of. This is a logical result of the way in which our democratic society is organized. Vast numbers of human beings must cooperate in this manner if they are to live together as a smoothly functioning society.
If we understand the mechanism and motives of the group mind, it is now possible to control and regiment the masses according to our will without them knowing it. Edward Bernays
|
read more |
|
The forgotten occupation @Politico Africa |
Few in the United States have ever heard of Western Sahara, the Sahrawi people, or the 40-year conflict over this vast arid region in North Africa. But it represents one of the longest ongoing military occupations in the world — and the situation there may rapidly deteriorate without decisive action by the U.N. Security Council.
The Kingdom of Morocco has occupied Western Sahara since the end of a 16-year war between the countries in 1991, under the promise that Western Sahara could hold a vote on its independence. Twenty five years later, that vote has still not come. Last month, Morocco forcibly expelled dozens of U.N. staffers from the area, effectively grinding to a halt the work of a U.N. mission established at the end of the war.
Characterized as “the last colony of Africa,” Western Sahara was invaded by Morocco in 1975 as Spain withdrew its colonial footprint from the region. After Western Sahara’s 16-year war for its independence, the U.N. brokered a cease-fire agreement between the territory and Morocco, premised on the chance for a Western Sahara referendum on self-determination. The U.N. established a mission (MINURSO) to monitor the agreement and organize the referendum.
|
read more |
|
WPP Scangroup reports FY 2015 EPS -25.33% Earnings here Kenyan Economy |
Par Value: 1/- Closing Price: 26.50 Total Shares Issued: 378865102.00 Market Capitalization: 10,039,925,203 EPS: 1.12 PE: 23.66
The largest marketing services company in East Africa.
FY Earnings through 2015 versus through 2014 FY Billings 16.791084b vs. 16.886418b -0.565% FY Direct costs [11.768676b] vs. [11.761256b] +0.063% FY Revenue 5.022408b vs. 5.125162b -2.005% FY Interest income net of interest expenses 436.098m vs. 248.253m +75.667% FY Operating and administrative expenses [4.669817b] vs. [4.479007b] +4.260% FY Foreign exchange gains/[losses] 47.213m vs. [1.115m] FY Profit for the year 478.672m vs. 625.476m -23.471% FY Exchange differences on translating foreign operations [203.368m] vs. [43.416m] +368.417% FY Total comprehensive income for the year 275.304m vs. 582.060m -52.702% Basic EPS 1.12 vs. 1.50 -25. 333% Cash, bank and deposit balances 4.161291b vs. 3.795874b +9.627% Total equity 8.604260b vs. 8.542631b +0.721% Cash and cash equivalents at the end of the year 4.062212b vs. 3.763115b +7.948%
Company Commentary The Group faced tough trading environment in 2015 its largest market. Kenya now accounts for 66% [2014 70%] of the Group's revenue. Performance at operations outside of Kenya was strong as we continue to develop these newer markets. Results in Ghana, Nigeria, South Africa and Uganda were particularly pleasing Faster growth in PR and Digital effective tax rate increased from 31% to 45% due to deferred tax adjustments
Conclusions
Stronger momentum H2 but that is a normal skew. 9.11% of Profit for the Year was from Interest Income. WPP ScanGroup sits in Pole Position in East Africa.
|
read more |
|
|
|
|