ACTIVITIES on the Dar es Salaam Stock Exchange are still dwindling as turnovers are at the lowest in the recent history of the Exchange. During the week that ended on 29th May 2020, the total weekly turnover grew more than 22 folds, thanks to an off-market transaction on the TBL counter. The total equity turnover […]
Tag: jubilee holdings
Uganda: Jubilee Insurance Records 9.9 Percent Growth Amid COVID
Jubilee Holdings Limited, East Africa’s largest insurance group, has reported a 9.9 per cent growth in the Financial Year 2018/2019. The company, with operations in Uganda, Kenya and Tanzania, saw its insurance premiums increase from Ksh34.75 billion (Shs1.2 trillion) to Ksh38.19 billion (Shs1.3 trillion). The statistics released by the board yesterday point to a rise […]
Jubilee Holdings: Dividend Payment Date 2020
Jubilee Holdings shareholders to receive a Dividend Payment of KES 9.0 per share on 24th July 2020. This applies only for shareholders that are in the Company’s Register of Members on 30th June 2020.
Jubilee Holdings: Ex Dividend Date 2020
Jubilee Holdings Limited shareholders in the Company’s Register of Members on 30th June 2020 Close of Business will be eligible for a dividend payment of KES 8.0 per share.
U.S. tech company Vonage bets on digital health care in Uganda
FILE PHOTO: A patient rests on a bed in a hospital in Uganda’s capital Kampala as a doctors strike enters its second day in Uganda, Novembe By Elias Biryabarema KAMPALA (Reuters) – U.S. cloud services company Vonage is partnering with social enterprise CTI Africa to pioneer video-linked healthcare in Uganda, where good hospitals and qualified […]
Jubilee Insurance records 9.9% growth amid Covid
Mr Nizar Juma, Jubilee Holdings Limited’s chairperson. FILE PHOTO Jubilee Holdings Limited, East Africa’s largest insurance group, has reported a 9.9 per cent growth in the Financial Year 2018/2019. The company, with operations in Uganda, Kenya and Tanzania, saw its insurance premiums increase from Ksh34.75 billion (Shs1.2 trillion) to Ksh38.19 billion (Shs1.3 trillion). The statistics […]
Jubilee Holdings retains Ksh.9 per share payout
Jubilee Holdings Regional C.E.O. Julius Kipng’etich during the underwriter’s AGM on Tuesday June 25, 2019 PHOTO | COURTESY Jubilee Holdings has overlooked its flat earnings for the year ending in December 2019 to retain its shareholder pay out at Ksh.579.8 million or an equivalent Ksh.9 per share. On Thursday, the insurer announced a marginal 2.5 […]
Tanzanian companies make it to 100 most valuable firms
Chief executive officers for five Tanzanian companies that have been ranked as most valuable ones by South Africa-based African Business. They are (from top left): TBL Plc managing director Philip Redman, TCC’s Michal Bachan, NMB Bank Plc’s Ruth Zaipuna, Vodacom’s Hisham Hendi and Alfonso Velez from Tanzania Portland Cement. PHOTOS | FILES Dar es Salaam. […]
Massive motor claims dent Jubilee’s profits
Nizar Juma Chairman Jubilee Holdings during the launch of Explorer health insurance at Serena yesterday photoKARUGA WA NJUGUNA Jubilee Holdings Limited (JHL) profits have fallen for the second successive year mainly on poor earnings from the loss-making non-life insurance segment. According to the firm’s full-year results released on Friday, profits for the year ended December […]
Jubilee Holding’s profit reduces on lower share of profits
General business grew by 6 percent to Sh11.48 billion, however with an underwriting loss of Sh480 million./COURTESY NAIROBI, Kenya, May 21 – Jubilee Holdings has posted a reduced profit of Sh4.02 billion for the 2019 financial year, down from Sh4.13 billion posted the previous year. In a statement, the company attributed the reduction to lower […]