DOCSLIB.ORG

Ht-Annual-Report-2020.Pdf

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Ht-Annual-Report-2020.Pdf Helios Towers plc Helios Towers Annual Report and Financial Statements 2020 Driving the growth of communications in Africa Helios Towers plc Annual Report and Financial Statements Who we are Helios Towers is a leading independent telecoms tower company in Africa, serving the continent’s major mobile network operators. We operate today in five high-growth markets: Tanzania, Democratic Republic of Congo, Congo Brazzaville, Ghana and South Africa. We expect to begin operating in Senegal in H1 2021, and aim to continue expanding our service offering to other markets in the future. We have a strong position in all of our markets, and are the market leader and sole independent telecoms tower company in Tanzania, DRC and Congo Brazzaville. Our vision Our strategic pillars We aim to be the leading telecoms infrastructure Our Sustainable Business Strategy is distilled company in Africa. into three interdependent pillars. KPIs linked to strategic targets within our Sustainable Business Strategy have been indicated Our purpose throughout this report using the symbols Our purpose is to drive the growth of below: communications in Africa. We play a pivotal role in enabling connectivity Business excellence and efficiency and contributing to social and economic development in our markets. Network access and sustainable Our values development Central to everything we do are the Company’s core values of: Empowered people and partnerships • Integrity, always striving to do the right thing. • Partnership with all our stakeholders, based on mutual respect and benefiting from each other. • Excellence, and our constant goal to be the best we can be. For more information go to pages 4-5 Helios Towers plc Overview Strategic Governance Financial Annual Report and Financial Statements 2020 Report Report Statements 2020 highlights Group financial and strategic KPIs Revenue (US$m) Adjusted EBITDAΔ (US$m) +7% +10% 2020 414.0 2020 226.6 Δ Alternative Performance Measures are defined in the Alternative Performance Measures 2019 387.8 2019 205.2 section of the Annual Report on pages 49-51. 2018 356.0 2018 177.6 Operating profit/(loss) (US$m) Adjusted EBITDA marginΔ (%) +$61m +1.8ppt 2020 56.3 2020 54.7 2019 (4.5) 2019 52.9 2018 3.3 2018 49.9 Sites Tenancies Tenancy ratio +5% +7% +0.04x 2020 7,356 2020 15,656 2020 2.13x 2019 6,974 2019 14,591 2019 2.09x 2018 6,745 2018 13,549 2018 2.01x Helios Towers plc Helios Towers plc Overview Strategic Governance Financial Annual Report and Financial Statements 2020 Annual Report and Financial Statements 2020 Report Report Statements Contents Financial Statements Overview 01 2020 highlights 57 Section 172 Statement 02 At a glance 61 Non-financial information statement A year 04 Building a sustainable business 62 Risk management of growth delivery and 06 Investment proposition 63 Principal risks and uncertainties progress 08 Chair’s statement 66 Viability statement Our financial performance 110 111 Helios Towers plc Helios Towers plc Overview Strategic Governance Financial Helios Towers plc Helios Towers plc Overview Strategic Governance Financial Annual Report and Accounts 2020 Annual Report and Accounts 2020 Report Report Statements Annual Report and Accounts 2020 Annual Report and Accounts 2020 Report Report Statements Strategic Report Governance Report Financial Statements 112 Independent auditor’s report 122 Consolidated Income Statement 123 Consolidated Statement of other comprehensive income 124 Consolidated Statement of An integrated Ensuring financial position Sustainable continued governance, Business compliance and 125 Consolidated Statement of Strategy strengthening Driving long-term business growth and social and economic our Board changes in equity development in our markets Our strategic progress 2020 progress in governance 20 21 68 69 126 Consolidated Statement of cash flows 127 Notes to the Financial Statements Strategic Report Governance Report 161 Company Statement of financial 10 Chief Executive Officer’s statement 70 Chair’s introduction position 14 Q&A with our CEO and COO 72 Board of Directors 162 Company Statement of changes 16 Market overview 75 Corporate Governance Report in equity 18 Business model 82 Nomination Committee Report 163 Notes to the Company 20 Strategic progress 84 Audit Committee Report Financial Statements 36 Operating review 92 Directors’ Remuneration Report 166 List of subsidiaries 42 Acquisitions review 106 Directors’ Report 167 Officers, professional advisors and 44 Covid-19: A resilient response 109 Statement of Directors’ shareholder information 46 Chief Financial Officer’s statement responsibilities 168 Glossary 49 Alternative Performance Measures 52 Detailed financial review 01 Helios Towers plc Annual Report and Financial Statements 2020 Overview At a glance Our principal business is building, acquiring Our assets and operating telecommunications towers that Sites are capable of accommodating and powering the needs of multiple tenants. 7,356 2019: 6,974 These tenants are typically large mobile network Tenancies operators (MNOs) and other telecommunications providers who in turn provide wireless voice and data services to consumers and businesses. Our customer 15,656 base includes all of Africa’s ‘Big-Five’(1) MNOs and other 2019: 14,591 large multinational operators and high-growth Tenancy ratio challengers. 2.13x 2019: 2.09x Our infrastructure sharing model, This tower space hosts an operator’s Average remaining contract life supported by our deep expertise in active equipment, such as antenna. Our tower construction, management and contracts are long in tenure, typically power, enables MNOs to roll out lasting 10-15 years, which underpins our 6.8 years coverage and services more quickly business and its future growth. We also and cost-effectively. In turn, this is enter into ground lease agreements Contracted revenues driving the expansion of mobile with property owners to host our sites services in Africa. Our colocation on their land. model reduces the need for duplicate $2,843m infrastructure and therefore has a We operate in some of the world’s positive environmental impact. fastest-growing economies. The MNOs’ Africa’s Big-Five MNOs customer bases are expanding rapidly, We offer comprehensive tower- driven by young, urbanising, growing related operational services, including populations in a continent that has only $2,325m site selection, site preparation, minimal fixed line telephony. • Airtel • MTN maintenance, security and power • Vodacom/Vodafone • Orange • Tigo management. We provide space on Mobile is a catalyst for Africa’s social our tower sites under master lease and economic development, and is a Africa’s high-growth challengers agreements (MLAs) or master tower gateway to global knowledge, culture services agreements (MTSAs). and connection. Helios Towers plays a $486m central role in driving further growth in • Viettel • Africell mobile and connectivity. Other operators $32m (1) Africa’s Big-Five’ MNOs are Airtel, Tigo, MTN, Vodacom/Vodafone and Orange. • c.35 operators What we do 1 Acquire and 2 Initial customer: build towers anchor tenant We grow our tower The anchor tenant places portfolio through their active equipment onto acquisitions, and the HT tower organically through • This anchor tenant owns build-to-suit (‘BTS’) sites the active equipment and • Our BTS model is outdoor cabinet entirely demand driven • HT owns and maintains all • We only construct the passive infrastructure towers after a and power systems contracted anchor order from an MNO 02 Helios Towers plc Overview Strategic Governance Financial Annual Report and Financial Statements 2020 Report Report Statements Tenancy Sites Tenancies ratio Tanzania 3,821 8,625 2.3x DRC 1,895 4,096 2.2x Congo Brazzaville 426 617 1.4x Ghana 978 1,914 2.0x South Africa 236 404 1.7x Senegal Ghana Congo B Tanzania DRC Market leader Senegal (anticipated closing H1 2021). This reflects the acquired portfolio of Free Senegal. Sites: 1,220 Tenancies: 1,275 Tenancy Ratio: 1.0x South Africa 3 Additional customers: 4 Additional equipment: standard colocation tenants amendment colocation tenants Additional tenants add Existing customer on their active equipment a site (anchor tenant onto the HT tower, sharing or standard colocation the tower space with the tenant) modifies or adds anchor tenant additional equipment • Colocations are central onto the tower to our business model • Additional revenues are • Colocations drive generated from the earnings growth with increased space and/or minimal additional opex power requirements of or capex additional equipment 03 Helios Towers plc Annual Report and Financial Statements 2020 Overview Building a sustainable business We provide sustainable solutions for people in our markets across Africa to access the life-enhancing benefits of mobile communications. Through our sustainable business model and strategy, we are driving our long-term growth in a manner that continues to support the development of societies and economies. Mobile communications sit at the Our Sustainable Business excellence and efficiency heart of the world’s sustainable Business Strategy • Innovating for our customers’ needs future. The mobile industry is unique Our positive impact is already • Maximising power uptime to support in that it makes a contribution considerable: our towers create a delivery of a continuous network towards all 17 of the UN Sustainable footprint for mobile coverage for over service Development Goals(1) (SDGs). 109 million people, and our business • Minimising our environmental
Load more

Recommended publications
  • Financial Advisory
    European Equity Capital Markets Update Stimulating hope Winter 2019 Financial Advisory This equity capital markets update contains commentary on: recent European stock market performance; levels of equity market issuance and macroeconomic considerations; an insight into Deloitte’s IPO transaction management offering; and a case study of Helios Towers’ listing on the London Stock Exchange. 2 © 2019 Deloitte Financial Advisory, S.L.U. All rights reserved. European ECM Update | Contents Contents Welcome 4 Market performance and recent European IPOs 6 Equity issuance and macroeconomic considerations 14 ECM hot topic: Deloitte’s IPO transaction management offering 18 Case study: Helios Towers’ listing on the London Stock Exchange 24 Deloitte equity capital markets in Europe 26 About this report: This report contains data sourced from Deloitte’s Winter 2019 European CFO survey, FactSet, Thomson Reuters Eikon, Dealogic, company admission documents, press releases and stock exchange statistics. Unless stated otherwise, IPO and secondary fundraisings relate to completed transactions by companies admitted to European exchanges located in countries whose issuers are eligible for inclusion in the Stoxx Europe 600. All market data is as of closing on 13 November 2019. The issuance of convertibles has also been excluded. All commentary is provided by Deloitte ECM Partners. © 2019 Deloitte Financial Advisory, S.L.U. All rights reserved. 3 European ECM Update | Welcome Welcome Global stock market performance in 2019 has been determined by unsettled topics that were already present during the previous year. Uncertainties surrounding China/US trade talks, Brexit and a global economic slowdown on the horizon have dominated the outlook. However, these concerns on the whole have not prevented European stock markets from realising strong gains during the year; and while IPO activity in Europe has been impacted, a number of transactions were completed.
    [Show full text]
  • Pillay Kimmera Sherrilyn 2020.Pdf
    WIFELY SUBMISSION AND FILIAL OBEDIENCE: PATRIARCHAL SUBJUGATION OF WOMEN AND CHILDREN AND STRATEGIES OF RESISTANCE IN SELECTED LITERARY TEXTS SET IN AFRICA KIMMÉRA SHERRILYN PILLAY Submitted in fulfilment of the requirement for the degree of Doctor of Philosophy (English Studies), in the Graduate Programme in the School of Arts at the University of KwaZulu- Natal, Pietermaritzburg, South Africa. DECEMBER 2020 SUPERVISOR: PROFESSOR CHERYL STOBIE 0 TABLE OF CONTENTS DECLARATION .......................................................................................................... iv ACKNOWLEDGEMENTS .......................................................................................... v ABSTRACT.................................................................................................................. vi INTRODUCTION – PART ONE ................................................................................. 1 AIMS AND OBJECTIVES ........................................................................................................................... 11 METHODOLOGY......................................................................................................................................... 12 STRUCTURE OF CHAPTERS .................................................................................................................... 13 Chapter One............................................................................................................ 13 Chapter Two ..........................................................................................................
    [Show full text]
  • May CARG 2020.Pdf
    ISSUE 30 – MAY 2020 ISSUE 30 – MAY ISSUE 29 – FEBRUARY 2020 Promoting positive mental health in teenagers and those who support them through the provision of mental health education, resilience strategies and early intervention What we offer Calm Harm is an Clear Fear is an app to Head Ed is a library stem4 offers mental stem4’s website is app to help young help children & young of mental health health conferences a comprehensive people manage the people manage the educational videos for students, parents, and clinically urge to self-harm symptoms of anxiety for use in schools education & health informed resource professionals www.stem4.org.uk Registered Charity No 1144506 Any individuals depicted in our images are models and used solely for illustrative purposes. We all know of young people, whether employees, family or friends, who are struggling in some way with mental health issues; at ARL, we are so very pleased to support the vital work of stem4: early intervention really can make a difference to young lives. Please help in any way that you can. ADVISER RANKINGS – CORPORATE ADVISERS RANKINGS GUIDE MAY 2020 | Q2 | ISSUE 30 All rights reserved. No part of this publication may be reproduced or transmitted The Corporate Advisers Rankings Guide is available to UK subscribers at £180 per in any form or by any means (including photocopying or recording) without the annum for four updated editions, including postage and packaging. A PDF version written permission of the copyright holder except in accordance with the provision is also available at £360 + VAT. of copyright Designs and Patents Act 1988 or under the terms of a licence issued by the Copyright Licensing Agency, Barnard’s Inn, 86 Fetter Lane, London, EC4A To appear in the Rankings Guide or for subscription details, please contact us 1EN.
    [Show full text]
  • Mauritius Annual Report 2014.Pdf
    Who we are 3 Our Vision 4 Our Values 5 Chairman’s Message 6 Managing Director’s Report 7 Review of Operations 9 Aviation 9 Marine 9 Liquefied Petroleum Gas (LPG) 10 Retail 10 Contents Commercial 11 Lubricants 12 Customer Service Centre 12 Product Supplies and Distribution 13 Human Resources 15 Corporate Social Responsibility 15 Health, Safety, Security and Environment 16 History of Vivo Energy in Mauritius 18 Directors’ Report 24 Secretary’s Report 27 Corporate Governance Report 28 Statement of Compliance 53 Independent Auditor’s Report 54 Income Statement 55 Statement of Comprehensive Income 55 Statement of Financial Position 56 Statement of Changes In Equity 57 Statement of Cash Flows 58 Notes to the Financial Statements 59 Vivo Energy Mauritius Limited Annual Report 2014 1 A strong and growing presence in 16 countries across Africa Who we are - Vivo Energy is the company behind the Shell brand in Africa and is jointly owned by Vitol, Helios Investment Partners and Shell. The company has a strong and growing presence in 16 countries across Africa. It sources, distributes, markets and supplies Shell’s high-quality fuels and lubricants to retail and commercial customers across the continent. Vivo Energy was established on 01 December 2011 to distribute and market Shell-branded fuels and lubricants. Vitol and Helios each own 40% of Vivo Energy, with Shell holding the remaining 20%. Shell and Vivo Lubricants is 50% owned by Shell and 50% owned by Vitol and Helios Investment Partners. Vivo Energy operates in Retail, Commercial Fuels, Marine, Aviation (in partnership with Vitol Aviation), Liquefied Petroleum Gas and Lubricants in Mauritius.
    [Show full text]
  • Annual Report and Audited Financial Statements
    Annual report and audited financial statements BlackRock Charities Funds • BlackRock Armed Forces Charities Growth & Income Fund • BlackRock Catholic Charities Growth & Income Fund • BlackRock Charities Growth & Income Fund • BlackRock Charities UK Bond Fund • BlackRock Charities UK Equity ESG Fund • BlackRock Charities UK Equity Fund • BlackRock Charities UK Equity Index Fund For the financial period ended 30 June 2020 Contents General Information 2 About the Trust 3 Charity Authorised Investment Fund 4 Charity Trustees’ Investment Responsibilities 4 Fund Manager 4 Significant Events 4 Investment Report 5 Report on Remuneration 15 Accounting and Distribution Policies 21 Financial Instruments and Risks 24 BlackRock Armed Forces Charities Growth & Income Fund 37 BlackRock Catholic Charities Growth & Income Fund 56 BlackRock Charities Growth & Income Fund 74 BlackRock Charities UK Bond Fund 95 BlackRock Charities UK Equity ESG Fund 111 BlackRock Charities UK Equity Fund 125 BlackRock Charities UK Equity Index Fund 138 Statement of Manager’s and Trustee’s Responsibilities 162 Independent Auditor’s Report 165 Supplementary Information 169 1 General Information Advisory Committee Members - BlackRock manager of the Funds, each of which is an alternative Armed Forces Charities Growth & Income investment fund for the purpose of the Alternative Fund: Investment Fund Managers Directive. Mr Michael Baines (Chairman) Mr Guy Davies Directors of the Manager Major General A Lyons CBE G D Bamping* Major General Ashley Truluck CB, CBE M B Cook Colonel
    [Show full text]
  • TIMSS 2019 in SOUTH AFRICA: Insights Towards Improving Achievement in School Mathematics and Science
    ReviewPUBLICATION OF THE HUMAN SCIENCES RESEARCH COUNCIL VOL. 19 | NO. 2 | JUNE 2021 TIMSS 2019 IN SOUTH AFRICA: Insights towards improving achievement in school mathematics and science FOSTERING SELF- EFFICACY IN SCIENCE PAGE 8 GENDER AND MATHEMATICS THE ROLE OF THE HOME ACHIEVEMENT DURING EARLY YEARS PAGE 14 PAGE 23 science & innovation Department: Science and Innovation REPUBLIC OF SOUTH AFRICA HSRC Review | Volume 19 Number 2 • June 2021 | Page 1 THIS ISSUE 4 25 years of TIMSS in South Africa: Improved achievements but pace of Editor: Antoinette Oosthuizen Correspondence: For feedback and questions, improvement is slowing email [email protected]. 8 “Yes, I can!” Fostering self-efficacy in science at school Pretoria: Private Bag X41, Pretoria, 11 Language development and science achievement South Africa 0001 Tel: +27 (0)12 302 2000 14 The gendered complexities of school mathematics achievement: Girls Fax: +27 (0)12 302 2001 outperforming or boys underperforming? Cape Town: Private Bag X9182, Cape Town, South Africa 8000 17 School leadership matters: The importance of emphasis on academic Tel: +27 (0)12 466 8000 success Fax: +27 (0)12 466 8001 Durban: Private Bag X07, Dalbridge, 20 The effect of school climate: How feelings of safety and belonging South Africa 4014 Tel: +27 (0)31 242 5400 support learners’ achievement Fax: +27 (0)31 242 5401 23 Our first educational building blocks – the role of the home Production: The HSRC Review is produced by 25 Who are our educators and what do they do in class? the HSRC’s Impact Centre. Layout and design: Antonio Erasmus 28 Parental involvement in homework as an enabler of achievement 30 Learner voices: Learning experiences and well-being amidst COVID-19 Cover: Designed by Antonio Erasmus 33 Help them understand: The importance of instructional clarity in with photo by Monstera, Pexels teaching and learning.
    [Show full text]
  • Parker Review
    Ethnic Diversity Enriching Business Leadership An update report from The Parker Review Sir John Parker The Parker Review Committee 5 February 2020 Principal Sponsor Members of the Steering Committee Chair: Sir John Parker GBE, FREng Co-Chair: David Tyler Contents Members: Dr Doyin Atewologun Sanjay Bhandari Helen Mahy CBE Foreword by Sir John Parker 2 Sir Kenneth Olisa OBE Foreword by the Secretary of State 6 Trevor Phillips OBE Message from EY 8 Tom Shropshire Vision and Mission Statement 10 Yvonne Thompson CBE Professor Susan Vinnicombe CBE Current Profile of FTSE 350 Boards 14 Matthew Percival FRC/Cranfield Research on Ethnic Diversity Reporting 36 Arun Batra OBE Parker Review Recommendations 58 Bilal Raja Kirstie Wright Company Success Stories 62 Closing Word from Sir Jon Thompson 65 Observers Biographies 66 Sanu de Lima, Itiola Durojaiye, Katie Leinweber Appendix — The Directors’ Resource Toolkit 72 Department for Business, Energy & Industrial Strategy Thanks to our contributors during the year and to this report Oliver Cover Alex Diggins Neil Golborne Orla Pettigrew Sonam Patel Zaheer Ahmad MBE Rachel Sadka Simon Feeke Key advisors and contributors to this report: Simon Manterfield Dr Manjari Prashar Dr Fatima Tresh Latika Shah ® At the heart of our success lies the performance 2. Recognising the changes and growing talent of our many great companies, many of them listed pool of ethnically diverse candidates in our in the FTSE 100 and FTSE 250. There is no doubt home and overseas markets which will influence that one reason we have been able to punch recruitment patterns for years to come above our weight as a medium-sized country is the talent and inventiveness of our business leaders Whilst we have made great strides in bringing and our skilled people.
    [Show full text]
  • KPMG Equity Capital Markets Review H1 2018
    Equity Capital Markets Half Year Review H1 2018 kpmg.com/uk/equitycapitalmarkets 1 Equity Capital Markets review – H1 2018 H1 2018: Equity Capital Markets review H1 2018 snapshot The first half of 2018 ended strongly generating positive momentum in equity issuance especially in the UK where volumes were up. Overall, however, global ECM volumes were slightly lower versus H2 2017, continuing a trend seen since H1 2017 Overall, global equity issuance was slightly lower in H1 2018 versus H2 2017 Global Europe UK Funds raised Funds raised Funds raised (£000m) (£000m) (£000m) 25 400 125 20 issuance 100 300 15 75 200 10 50 100 5 25 0 Total ECM 0 0 H1 H2 H1 H2 H1 H1 H2 H1 H2 H1 H1 H2 H1 H2 H1 2016 2016 2017 2017 2018 2016 2016 2017 2017 2018 2016 2016 2017 2017 2018 IPOs Right Issues Placings Germany and the UK lead European ECM in H1 Largest 3 European and UK IPOs £20.1bn Siemens Healthineers AG £3.7bn highlights DWS Group GmbH £19.2bn & Co. KGaA £1.2bn Adyen BV European ECM European ECM £4.4bn £834m A very active half year for AIM IPOs beating H1 2017 and offsetting lower Main Market volumes Main Market AIM Funds raised Funds raised (£000m) No. deals (£000m) No. deals 41 IPOs 8 40 1.5 50 16% decrease on H1 2017 6 30 1.2 40 0.9 30 4 20 0.6 20 2 10 0.3 10 £4.3bn Funds Raised 0 0 0.0 0 H1 H2 H1 H2 H1 H1 H2 H1 H2 H1 44% decrease on H1 2017 2016 2016 2017 2017 2018 2016 2016 2017 2017 2018 Deal value Focus # Deals IPO UK IPO Key sectors Strong aftermarket performance of UK IPOs in H1 2018 Financial Services Main Market AIM £1,409m raised (13 deals)
    [Show full text]
  • Airtel Africa Plc Results for the Nine-Month Period Ended 31 December 2020 29 January 2021
    Airtel Africa plc Results for the nine-month period ended 31 December 2020 29 January 2021 Another quarter of double-digit growth, with continued improvement in revenue growth and EBITDA profitability Highlights • Reported revenue increased by 13.8% to $2,870m with Q3’21 reported revenue growth of 19.5%. • Constant currency underlying revenue growth was 18.6%, with Q3’21 growth of 22.8%. Growth for the nine months was recorded across all regions: Nigeria up 21.6%, East Africa up 23.4% and Francophone Africa up 8.0%; and across all services, with voice revenue up 10.4%, data up 31.1% and mobile money up 34.2%. • Underlying EBITDA for the nine months was $1,297m, up 16% in reported currency while constant currency underlying EBITDA growth was 22.5%. • Underlying EBITDA margin for the nine months was 45.5%, up by 118 bps (up 144 bps in constant currency). Q3’21 underlying EBITDA margin was 46.9%. • Operating profit increased by 21.8% to $800m in reported currency, and by 29.9% in constant currency. • Free cash flow was $466m, up 20% compared to the same period last year. • Basic EPS was 5.5 cents, down 36.5%, largely due to prior year exceptional items and a one-off derivative gain. Excluding these, basic EPS rose by 19.8%. EPS before exceptional items was 5.0 cents. • Customer base up 11.0% to 118.9 million, with increased penetration across mobile data (customer base up 23.5%) and mobile money services (customer base up 29.0%).
    [Show full text]
  • The World's Largest Virtual Pan-African Debt Event
    REGISTER YOUR PLACE TODAY AT WWW.BONDSLOANS.COM THE WORLD’S LARGEST VIRTUAL PAN-AFRICAN DEBT EVENT 700+ 80+ 350+ 100+ 40+ 4,700+ ATTENDEES WORLD CLASS SOVEREIGN, CORPORATE INVESTORS COUNTRIES CONTACTS AVAILABLE TO SPEAKERS & FI BORROWERS REPRESENTED CONNECT WITH ONLINE Strategic Partner: Platinum Sponsors: Gold Sponsors: WAEMU Sponsor: Silver Sponsors: Bronze Sponsors: www.BondsLoans.com BRINGING GLOBAL FINANCE LEADERS TOGETHER WITH THE AFRICAN CAPITAL MARKETS COMMUNITY Meet senior decision-makers from African sovereigns, corporates and banks; share knowledge; debate; network; and move your business forward in the current economic climate without having to travel. 700+ 80+ 350+ SENIOR WORLD CLASS SOVEREIGN, CORPORATE 100+ ATTENDEES SPEAKERS & FI BORROWERS INVESTORS Access top market practitioners from Industry leading speakers will share Hear first-hand how local and international Leverage our concierge across the globe who are active “on-the-ground” market intelligence industry leaders are navigating Africa’s 1-2-1 meeting service to in the African markets, including: and updates on Africa’s economic current economic climate/what they expect efficiently host meetings senior borrowers, investors, bankers backdrop. Gain actionable insights in the future with global and local & government. Network to build on and practical solutions to move your investors existing relationships and create new business forward opportunities in the current economic climate AUDIENCE BREAKDOWN BY SECTOR JOB TITLE/SENIORITY BREAKDOWN 3% Rating Agencies TO FIND
    [Show full text]
  • Ignoring the Elephant in the Room
    medRxiv preprint doi: https://doi.org/10.1101/2020.09.11.20192849; this version posted September 13, 2020. The copyright holder for this preprint (which was not certified by peer review) is the author/funder, who has granted medRxiv a license to display the preprint in perpetuity. It is made available under a CC-BY 4.0 International license . Ignoring the elephant in the room: factors contributing to inadequate access to contraception and sources of contraception during novel coronavirus diseases 2019 in South Africa. Abstract Background: Evidence have shown that the prescribed lockdown and social distancing due to the novel coronavirus disease 2019 (COVID-19) has made accessing essential health care much more difficult in low-and middle-income countries (LMICs). Access to contraception is essential and should not be denied, even in the time of a global crisis because it is associated with health benefits. It is paramount to maintain timely access to contraception without unnecessary barriers. Hence, this study examines the factors contributing to inadequate access to contraception and sources of contraception during the COVID-19 pandemic in South Africa (SA). Method: The first secondary dataset on coronavirus from the National Income Dynamic Study (NIDS) conducted in SA during the coronavirus pandemic was employed in this study. This study involved 6,829 respondents. Data was analysed using chi-square and binary logistic regression analysis. Results: Over one-quarter of South Africans could not access contraception and more than every 7 in 10 South Africans preferred public or government hospital as source of contraception. Female South Africans (OR=0.89 CI:0.7487-1.0719) and those aged 65 years above (OR=0.67 CI:0.4485-0.9988) were 33% and 11% respectively less likely to have access to contraception.
    [Show full text]
  • MSCI Small Cap Indexes List of Additions/Deletions
    Geneva, May 12, 2020 MSCI GLOBAL SMALL CAP INDEXES The following are changes in constituents for the MSCI Global Small Cap Indexes which will take place as of the close of May 29, 2020. SUMMARY PER COUNTRY and PER REGION: Nb of Nb of Securities Securities Region Country Added Deleted Asia Pacific PAKISTAN 2 2 AUSTRALIA 14 13 JAPAN 42 37 HONG KONG 5 8 SINGAPORE 9 2 NEW ZEALAND 3 3 MALAYSIA 7 10 INDONESIA 10 14 PHILIPPINES 3 3 TAIWAN 13 3 KOREA 22 46 THAILAND 1 16 INDIA 18 54 CHINA 36 33 Nb of Nb of Securities Securities Region Country Added Deleted Europe, Middle East and Africa GREECE 4 0 UNITED ARAB EMIRATES1 3 QATAR 3 1 BELGIUM 0 2 SWITZERLAND 3 5 DENMARK 2 2 SPAIN 2 2 FRANCE 4 5 GERMANY 2 6 NETHERLANDS 2 2 ITALY 2 5 NORWAY 4 11 SWEDEN 13 9 UNITED KINGDOM 19 28 FINLAND 3 0 TURKEY 1 1 IRELAND 3 0 ISRAEL 7 1 SOUTH AFRICA 8 21 POLAND 5 2 CZECH REPUBLIC 0 1 RUSSIA 1 2 EGYPT 2 2 SAUDI ARABIA 2 1 Nb of Nb of Securities Securities Region Country Added Deleted Americas USA 133 134 CANADA 17 36 MEXICO 2 9 CHILE 1 2 BRAZIL 8 4 COLOMBIA 1 2 ARGENTINA 2 1 Page 1 MSCI Global Small Cap Indexes - May 12, 2020 © MSCI 2020, All rights reserved ASIA PACIFIC MSCI PAKISTAN INDEX Additions Deletions MARI PETROLEUM NISHAT MILLS PAKISTAN PETROLEUM SUI NORTH GAS PIPELINES MSCI AUSTRALIA INDEX Additions Deletions ALUMINA AFTERPAY AUB GROUP AMA GROUP BENDIGO & ADELAIDE BANK ARDENT LEISURE GROUP BORAL EVOLUTION MINING CHALLENGER FLEXIGROUP CHAMPION IRON GALAXY RESOURCES DATA 3 MYER HOLDINGS FLIGHT CENTRE TRAVEL GRP NAVIGATOR GLOBAL INV HARVEY NORMAN HOLDINGS NORTHERN
    [Show full text]