Directed by Dan Edelstyn and Hilary Powell
HUSBAND-AND-WIFE film-making team Dan Edelstyn and Hilary Powell take a fun and irreverent look at the dark world of debt by launching their own currency and blowing up a million pounds-worth of high interest debt in this riveting, screwball documentary.
Not to be confused with Jason Statham’s The Bank Job, this film takes its inspiration from Michael Caine’s The Italian Job as it humorously shows how the banks and creditors don’t want people to pay off what they owe because, as one expert explains, “if you pay off your debt entirely you’re no longer a source of profit to creditors.”
Satara DCCB proves “growth & service can go together”
Co-op Bank help in Covid times, earns it praise of Opposition parties!
Maharashtra based Satara District Central Cooperative Bank, controlled by the co-operators owing allegiance to NCP has done well by earning a gross profit of Rs 150 crore and net profit of Rs 65 crore in the 2020-21 FY.
The DCCB was also in news for helping the needy in the second wave of Covid-19. Satara DCCB made a provision of Rs 3 crore for helping the government hospitals, sub-district hospitals and primary health centers, making covid care centres as well as for providing ventilators and oxygen concentrators.
Safaricom share rises to 63pc of entire NSE
Wednesday May 26 2021
Safaricom Plc CEO Peter Ndegwa during the telco s 20-year celebration at the Nairobi Serena Hotel on October 27, 2020. PHOTO | NMG
By CHARLES MWANIKI
Summary
The telco claimed at least half of the market wealth a year ago and has been deepening its share of the NSE wealth since then.
Safaricom share has gained 8.2 percent or Sh3.25 a piece since Friday to close trading at Sh42.75 yesterday, adding Sh130 billion on its market value, taking it to Sh1.712 trillion.
Total market value stood at Sh2.72 trillion.
Safaricom’s #ticker:SCOM share of combined investor wealth at the Nairobi Securities Exchange (NSE) touched a high of 63 percent yesterday after days of a steady rise in its stock prices in a period that has seen other dominant counters shed value.
Organisations need integrated reporting
Summary
This is the season of annual financial reporting for listed companies, many producing these data just to meet regulatory compliance.
But, globally, corporate reporting is moving towards integrated reporting which combines quantitative (financial) and qualitative (non-financial) information that communicates much about the company.
This is the season of annual financial reporting for listed companies, many producing these data just to meet regulatory compliance.
But, globally, corporate reporting is moving towards integrated reporting which combines quantitative (financial) and qualitative (non-financial) information that communicates much about the company to various stakeholders and not just meeting the regulatory requirement.