Jubilee Holdings has posted 1.74 per cent growth in net profit for last year to Sh4.087 billion, bucking a trend of losses and fall in earnings witnessed in the insurance sector due to Covid-19 disruptions. Consequently, the regional underwriter’s board has proposed a final dividend payout of Sh8 per share amounting to Sh579.78 million payable […]
THE week that ended on 16th April 2021 was an eventful week which saw the major indices go in different directions. The Tanzania Share Index (TSI) dropped by 14.61 points after a movement on five counters with the bear having an upper hand. The prices of DSE and NICOL went up by 3.77 per cent […]
Jubilee Holdings Chairman Nizar Juma. FILE PHOTO | NMG Jubilee Holdings #ticker:JUB shareholders are set for a Sh579.78 million final dividend payout after the insurer defied a trend of losses and fall in earnings to grow its full year net profits. The Nairobi Securities Exchange-listed firm yesterday announced a 1.74 per cent growth in net […]
Jubilee Holdings Chairman Nizar Juma. FILE PHOTO | NMG Jubilee Holdings #ticker:JUB shareholders are set for a Sh579.78 million final dividend payout after the insurer defied a trend of losses and fall in earnings to grow its full year net profits. The Nairobi Securities Exchange-listed firm yesterday announced a 1.74 per cent growth in net […]
THE two major indices faced down during the week while the equity turnover significantly rose as pension funds scale up participation in financial markets. The Tanzania Share Index (TSI) dropped by a mere 0.04 point to close the week at 3,518.04 points, resulting from a decline of JATU. The price of JATU fell by 2.33 […]
THE two major indices faced down during the week while the equity turnover significantly rose as pension funds scale up participation in financial markets. The Tanzania Share Index (TSI) dropped by a mere 0.04 point to close the week at 3,518.04 points, resulting from a decline of JATU. The price of JATU fell by 2.33 […]
NAIROBI, Kenya, Mar 27 – Allianz Africa is eyeing the agriculture insurance sector in Kenya and the East African region which they say is set to grow by 200 percent. Allianz experts estimate that the value of the agriculture insurance segment to stand at $10 million but say it holds the potential to grow to […]
Jubilee Holdings #ticker:JUB and Co-operative Bank #ticker:COOP have been named the top dealmakers in East Africa for 2020 following the completion of their multibillion-shilling strategic transactions. Region’s top insurer Jubilee deal with Germany’s Allianz Africa, which involved a cash consideration of Sh10.9 billion ($100 million), emerged at the top in the ranking by DealMakers Africa— […]
FOLLOWING the recent passing of the former President of Tanzania, the late John Magufuli, 22nd March and 26th March 2021 were national funeral and burial days, in Dodoma and in Chato, Geita, respectively. Orbit Securities Co. Limited joins the capital markets, the financial sector and the whole nation in mourning of our fallen hero. May […]
Stockbrokers at work at DSE. PHOTO|FILE Dar es Salaam . The value of the listed equities, also known as market capitalization, increased by Sh105.22 billion on Tuesday after companies cross-listed from Kenya appreciated. According to the market report, the Dar es Salaam Stock Exchange (DSE) total market capitalization reached Sh15.33 trillion from Sh15.23 trillion recorded […]
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