Latest news with #Shs
Business Insider
2 days ago
- Business
- Business Insider
UBS Reaffirms Their Buy Rating on Patriot Battery Metals Inc Shs Chess Depository Interests Repr 1 Sh (PMT)
In a report released yesterday, Levi Spry from UBS maintained a Buy rating on Patriot Battery Metals Inc Shs Chess Depository Interests Repr 1 Sh (PMT – Research Report), with a price target of A$0.33. Confident Investing Starts Here: Spry covers the Basic Materials sector, focusing on stocks such as Perseus Mining , Northern Star Resources Ltd, and Gold Road Resources Ltd. According to TipRanks, Spry has an average return of 10.1% and a 63.64% success rate on recommended stocks. The word on The Street in general, suggests a Strong Buy analyst consensus rating for Patriot Battery Metals Inc Shs Chess Depository Interests Repr 1 Sh with a A$0.62 average price target.
Business Insider
12-05-2025
- Business
- Business Insider
Morgans Keeps Their Hold Rating on Civmec Singapore Limited Shs Chess Deposit Interests Repr 1 Sh (CVL)
In a report released today, Nicholas Rawlinson from Morgans maintained a Hold rating on Civmec Singapore Limited Shs Chess Deposit Interests Repr 1 Sh (CVL – Research Report), with a price target of A$1.10. The company's shares closed last Friday at A$0.99. Protect Your Portfolio Against Market Uncertainty Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. According to TipRanks, Rawlinson is ranked #4264 out of 9472 analysts. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Civmec Singapore Limited Shs Chess Deposit Interests Repr 1 Sh with a A$1.25 average price target.
Zawya
05-05-2025
- Health
- Zawya
Uganda: Tayebwa rallies support for new malaria vaccine
The Deputy Speaker of Parliament, Thomas Tayebwa, has called on leaders to embrace and support the use of the new malaria vaccine aimed at eliminating Uganda's leading cause of death and disease burden. The malaria vaccine launched in April 2025 is earmarked for 1.1 million children under two years, in 105 high and moderate malaria transmission districts. Tayebwa said such a preventive opportunity requires efforts of leaders at all levels to encourage parents and caretakers, to take children for vaccination at designated health facilities. 'Uganda is the 19th country to roll out the malaria vaccine and it has been the most effective country in terms of roll out. Although the vaccine is for children from one to two years, it is important that all of us participate. I encourage parents, leaders to go to your communities and mobilise mothers and fathers to bring their children for vaccination,' he said. Tayebwa was speaking during the 3rd Walk Against Malaria held at Parliament on Sunday, 04 May 2025. He said he was cognisant of efforts by researchers to introduce the vaccine for children above two years, a move that is envisaged to deliver Uganda to a malaria free generation. 'We know vaccination helped to deal with the six killer diseases; we no longer have cases of polio; if there are some, they are extremely isolated,' Tayebwa said. The Deputy Speaker was concerned with recent reports from Ministry of Health, indicating that the malaria disease burden is high among the school going children. He urged government to consider Indoor Residual Spraying for dormitories and classrooms which eliminates mosquitoes for several months. 'As government we must sit down and have a policy on spraying dormitories in boarding schools. When you look at the design of beds in boarding schools most are triple or double decker; it might be difficult to use a mosquito net on such beds,' said Tayebwa. The indoor residual spray, Tayebwa said, will cost each student Shs 5,000 which he said is worth the effort, considering the malaria disease burden and the resultant death. The Minister of State for Energy and Mineral Development (Minerals), Hon. Phiona Nyamutoro, who also joined the walk, recounted her earlier struggle with malaria saying it is a testament that malaria can be eliminated from Uganda. 'My first years of life were traumatic because my parents were always in and out of the hospital as I was always diagnosed with malaria. It has been years since I fell sick due to malaria and I believe it is something that can be achieved for everyone,' Nyamutoro said. Chinese Deputy Ambassador in Uganda, H.E Fan Xuecheng, recommitted China's support in malaria treatment and elimination praising his nation as a reliable partner in the fight. 'We are proud that China can be part of the process to free Uganda of malaria. Last year China provided 500,000 packs of anti-malaria drugs and will be Uganda's reliable partner in this fight,' Xuecheng said. The World Health Organisation (WHO) representative in Uganda, Dr. Kasonde Mwinga noted that whereas malaria burden remains unacceptably high in Uganda, all that is required for its elimination is in place. 'We have the tools, the knowledge, and the opportunity to achieve the malaria free-world. We must invest in proven interventions, reimagine strategies that overcome current challenges, reignite collective efforts to accelerate the desired progress,' said Kasonde. The Walk Against Malaria is an advocacy and awareness campaign led by the Parliamentary Forum on Malaria chaired by Hon. Timothy Batuwa (FDC, Jinja South Division West). The Forum works in partnership with UNICEF, WHO, Malaria Consortium, Pilgrim for Africa, Next Media, Malaria Free Uganda, embassies among others. The walk is aimed at mobilising domestic resources for malaria control and elimination, and raising awareness about malaria risks. Distributed by APO Group on behalf of Parliament of the Republic of Uganda.
Business Insider
04-05-2025
- Business
- Business Insider
Jefferies Remains a Buy on Amcor PLC Shs Chess Depository Interests (AMC)
In a report released on May 2, Ramoun Lazar from Jefferies maintained a Buy rating on Amcor PLC Shs Chess Depository Interests (AMC – Research Report), with a price target of A$18.03. The company's shares closed last Friday at A$14.23. Protect Your Portfolio Against Market Uncertainty Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. According to TipRanks, Lazar is an analyst with an average return of -4.7% and a 30.77% success rate. Lazar covers the Basic Materials sector, focusing on stocks such as Bluescope Steel , James Hardie, and Sims. Currently, the analyst consensus on Amcor PLC Shs Chess Depository Interests is a Moderate Buy with an average price target of A$17.94, representing a 26.07% upside. In a report released on May 2, Citi also maintained a Buy rating on the stock with a A$19.00 price target.
Zawya
14-02-2025
- Business
- Zawya
'Prioritize National Resistance Movement (NRM) Message Of Wealth Creation,' President Museveni Urges Kigezi Leaders
'My main message to all of you is prioritizing the National Resistance Movement (NRM) message on wealth creation. Uganda has so many development needs; it is alright to talk about them, but prioritizing is crucial. Like the Bible tells us: seek me first the kingdom of God, and His righteousness; and all these things shall be added unto you,' he said. The President, who is on a performance assessment tour on wealth creation and the Parish Development Model (PDM) in Kigezi, made the remarks yesterday while meeting leaders in the subregion at Rukungiri Stadium, Rukungiri municipality. The PDM is a government initiative aimed at transforming Uganda's economy by extending financial assistance directly to the people outside the money economy, at the parish level to help lift households out of poverty. Each parish SACCO receives Shs. 100 million in a financial year to develop and implement viable income-generating enterprises. 'Leadership is like medical work; just as doctors diagnose patients and prescribe the correct medicine, political leaders must identify societal needs first and address them. This is what the NRM has been telling you since the 1960s,'the President said, adding that it is not only about tarmac roads, electricity, and other infrastructure that will chase poverty out of Uganda but prioritizing initiatives such as the PDM to ensure all households engage in income generating activities such as commercial agriculture. 'That road from Kampala to Mbarara up to Kabale was tarmacked in 1963 after independence and we have been repairing it like three times but even if you go there now, you find the tarmac road with poor people by the roadside. For 60 years they have had a tarmac road, but they are poor. Therefore, you the leaders, let us agree on this,' H.E. Museveni noted. He further informed the leaders that areas like Nyabusozi, which listened to his message, did not have tarmac roads but realized that the dairy sector could get them out of poverty and have since become prosperous. 'Cows don't mind about tarmac roads or electricity. They only need grass and water. After that experiment from Nyabusozi, I went and briefed the NRM Central Executive Committee (CEC), and in 1996 we included in the NRM manifesto that commercial agriculture is the only solution to getting people out of poverty,' the President said, adding that because Ugandans had land but did not know what to do, the NRM encouraged them to do intensive agriculture by using their small portions of land to focus on products with high returns under the four acre model. In the Manifesto, they recommended seven activities, which include one acre for coffee, another acre for fruits (mangoes, oranges, and pineapples), another one for food crops for the family (cassava, bananas, Irish potatoes, or millet), and the last one for pasture for dairy cattle (about 8 of them). On top of this, one can add on poultry for eggs in the backyard, piggery and fish farming. 'Those who listened to our message have gotten out of poverty. That is what has brought me here. As leaders, leaving our people to languish in poverty yet solutions are there, is a very big mistake,' the President stated while giving an example of the several farmers he has visited countrywide with glowing testimonies of how their life has changed as a result of the PDM funds. President Museveni further warned about reports of extortion and corruption in the PDM program, promising to reign in and arrest all perpetrators. 'I have heard that there are thieves in PDM. All those who stole money from the poor should return it. I'm on the ground and I'm going to arrest them all. I also stopped all the bank charges. The beneficiary must receive their full Shs. 1 million,' President Museveni warned. He also reiterated that he had already informed the cabinet of the need to establish a processing factory for the ever-increasing volumes of eggs yet with limited market. 'You have heard that they have a lot of eggs in Kabale and the market of Uganda is not enough. I told the ministers that instead of selling them (eggs) raw or eating them in Rolex chapatis, we need to see that we process those eggs into baby foods. We shall sell both in Uganda and the whole world,' the President highlighted. 'We saw the same thing in the dairy sector after the cattle corridor started producing a lot of milk and the Ugandan market was insufficient. I brought rich people to produce powdered milk which we sell in North Africa and the Middle East,' the President said. He also promised to return to the subregion for a special meeting focusing on tea growing. In the same meeting, President Museveni was informed about the silent growing habit of divisions based on religion in Kigezi. 'This must stop immediately. Those creating divisions are greedy enemies of Uganda. Maama Janet and I have bananas in Ntungamo but we sell them to all irrespective of religion. When I was studying at Mbarara High School, the people who bought our cows for me to study were from Kampala and some were Muslims. So, those promoting sectarianism are enemies,' the President stated. Regarding the issue of environmental protection, the President appealed to the people of Kigezi to use the wetlands correctly because of their crucial role in providing water for agricultural production and home use. The status of PDM in Kigezi sub-region: Earlier, the National Coordinator of PDM, Hon. Dennis Galabuzi Ssozi provided a detailed account of the model performance in the Kigezi sub-region. He informed the meeting that a total of Shs. 88.8 billion has been distributed among 428 PDM SACCOs in the nine local governments of the Kigezi sub region comprising six districts and three municipalities. The highest beneficiary according to size is Kanungu district with Shs. 20.2 billion and the lowest being Kisoro municipality with Shs. 1.5 billion. Hon. Gabaluzi, however, noted that whereas the region has been capitalized with shs.88.8 billion, the cumulative disbursement rate to date is Shs. 87.5 billion with the highest disbursement rate being by Rukungiri municipality at a rate of 100.6%. 'This 100.6% means that point six is even interest that has accumulated on the account. So, it is a good disbursement rate,' Hon. Galabuzi said, noting that Rubanda lags in disbursement of PDM funds at 95%. 'So, the total disbursement percentage in the sub-region is at 98.5% which is a good disbursement percentage, but we still desire it to be 100%,' he added, further mentioning that a total of 88,000 households have benefited, the highest number being in Kanungu, at 19,000 households and the smallest being Kisoro. About 38% of the beneficiaries are in crop agriculture and 20% in livestock mainly piggery. He added that the funds have been distributed well according to the allocated quarters which include; 30% for the youth, 30% for women, 10% for the elders, 10% to persons with disabilities, and 20% for any other member of the community that does not fall in those special interest groups. 'This sample analysis shows that 58% of the beneficiaries are female. This shows that when it comes to livelihoods and trying to improve the livelihoods in your home states, women are more vigilant than men by these figures,' Hon. Gababuzi stated Although adults between 35 and 59 years are the most beneficiaries, Hon. Galabuzi said the PDM secretariat is impressed by the figures of the elderly above 60 years who have actively participated in the PDM up to 13% which is way beyond their quarter. 'So, we are within the ranges and the targets of what we had set in the beginning, and the intentions and objectives of the PDM are being realized within the statistics. These figures will help us know exactly how to plan, along the value chain, down the value chain, and how to get these products to the market,' he said. About extortion, bank charges, and other small charges from agents, Hon. Galabuzi clarified that in line with the directive by the President, the PDM secretariat has budgeted for all the charges to ensure beneficiaries get full Shs. 1 million and also ensure that the number of agents are increased to at least per Parish. 'So, we don't expect any further charges on that money. The beneficiary is supposed to get 1 million shillings without any charge. So, anything less than that is criminality. And the President has given the Secretariat and other security agencies a directive that we shall be arresting anyone who tries to put charges on this money because it's criminal,' he stated. Residents share views on PDM performance: Mr. Mbabazi Pieri, who is a councilor of Hamurwa sub-county and deputy speaker of the Rubanda district, decried the imbalance in PDM distribution within the district, which has led to poor performance. Rubanda district has 17 administrative units, 470 villages, and 69 parishes. 'Hamurwa sub-county has five parishes with 67 villages. Originally it was six parishes. They removed one parish and made it Hamurwa Town Council with 8 villages. Now Hamurwa remains with 65 villages and a town council of 8 villages, two of which form a parish. You find a parish of those two villages, getting Shs. 100 million yet I have a parish in Hamurwa with 16 villages,' Mbabazi said. Ms. Kembabazi Loy, a female youth Councilor in Kanungu district, called for transparency in selecting beneficiaries, adding that due to corruption, the names of certain beneficiaries are deleted from the list. Mr. Turyabagyenyi Immy, a councilor representing people with disabilities (PWDs) in the Rukungiri district, thanked the government for considering them (PWDs) in the program but expressed dismay over the exclusion of some of their people, such as the deaf. 'Send us sign language interpreters so that category of people also benefits from the PDM,' Turyabagenyi said. Mr. Akampurira Gideon from Rukiga district said the exclusion of local government leaders as beneficiaries of the PDM program is affecting its effective implementation. 'We also need to access this money so that we monitor a program that we fully understand,' he said. Mr. Karuru Godfrey, who hails from Nyanamo Town Council in Bukimbiri County, Kisoro district, said the program intended for poor people has ended up in the hands of the already well-off. Status of Emyooga in the subregion: The Minister of State for Microfinance, Hon. Haruna Kasolo Kyeyune made a presentation on the status of the Emyooga program. According to Hon. Kasolo, the Emyooga program aims at inculcating a saving culture among the beneficiaries in their Savings and Credit Cooperative Organizations (SACCOs) who earn daily. The 18 categories per constituency include, among others, Boodaboda riders, taxi operators, market vendors, shoemakers, performing artists, journalists, carpenters, welders, and the fishing communities. Another category of youth leaders and people with disabilities who cannot access loans from commercial banks and local elected leaders from LC 1 to LC 5 have also been included. He said the Kabale district with 52 SACCOs received Shs. 2.2 billion, Rubanda with 32 SACCOs (Shs. 1.64 billion), Kisoro with 17 SACCOs (Shs. 3.46 billion), Kanungu with 36 SACCOs (Shs. 1.84 billion), Rukiga with 18 SACCOs (Shs. 740 million), and Rukungiri with 54 SACCOs (Shs. 2.5 billion). All these have been prepared to receive additional seed capital of Shs. 20 million that is sent every financial year. Although the Minister decried defaulters in the program, SACCOs are progressing well in their saving culture to the tune of Shs. 2.52 billion realized as savings. They include Kabale (Shs. 206 million), Rubanda (Shs. 421 million), Kisoro (Shs. 1.1 billion), Kanungu (Shs. 337 million), Rukiga (47 million), and Rukungiri (Shs. 360 million). 'I'm happy to report that the Emyooga program in the Kigezi sub region has been a success, and beneficiaries have utilized their funds well in lending and showcasing impressive products and services,' Minister Kasolo noted, adding that his ministry has carried out capacity building in areas of mindset change, basic records management, cooperative governance, loan management, enterprise selection, planning and management of finances, and also resource mobilization through savings to ensure proper management of the program countrywide. Some of the best-performing SACCOs in the Kigezi sub region include: Bufumbira North elected local leaders Emyooga SACCO, Kabale Municipality Women Entrepreneurs' SACCO, Bufumbira East women entrepreneurs SACCO, Kisoro municipality restaurant owners SACCO, Kabale municipality tailoring Emyooga SACCO, Bukimbiri youth leaders SACCOs, Ndorwa East wilders SACCO, Ndorwa East women entrepreneurs SACCO, Kabale municipality local leaders SACCO, and Kinkizi East women entrepreneurs SACCO. To ensure transparency and recovery of funds from borrowers, Hon. Kasolo informed the meeting that they have partnered with local radio stations that are equipped with lists of beneficiaries and defaulters to remind Ugandans of their obligation to pay back. In other reports, the Minister of Works and Transport, Gen. Edward Katumba Wamala, presented the status of the road infrastructure in the Kigezi sub region, highlighting the national roads connecting the region under his ministry and the district roads managed by the district's local governments with funding from the central government. He assured the leaders that all the road projects previously under the defunct Uganda National Roads Authority (UNRA) will continue, such as the road from Kabale connecting to Lake Bunyonyi and Kisoro-Mgahinga Road, whose construction is expected to kick off at the end of this month. The Minister of Agriculture, Animal Industry, and Fisheries (MAAIF), Hon. Frank Tumwebaze, and the Permanent Secretary, MAAIF, Major General David Kasura Kyomukama, also presented a paper on the government policy on agriculture. The Minister of State for Trade, Industry, and Cooperatives (Industry), who is also Ndorwa County West MP David Bahati, presented a report on the status of the health sector in the Kigezi sub region on behalf of Health Minister Dr Jane Ruth Aceng. The meeting was attended by Ministers, Members of Parliament, NRM leaders, local government leaders, among others. Distributed by APO Group on behalf of State House Uganda.
