The cost of healthcare rose sharpest in October due to a surge in Covid-19 infections as more sectors of the economy reopened, new data shows. Statistics by the Central Bank of Kenya(CBK) show that health inflation hit an all-time high of 3.04 percent, signalling higher hospital bills at a time when Kenyans were struggling with […]
IN the coming week, like previous week there could be an increase in market activities as we have witnessed increased in market activities during the start of the year 2021, we still prospect that the market will remain vibrant going forward, thanks to prospects from the banking sector performance for the year ended 2020 and […]
Jubilee board chairman Nizar Juma. PHOTO | SALATON NJAU | NMG Jubilee Holdings #ticker:JUB plans to expand its life and medical business using the Sh7.7 billion it will receive in its deal with Munich-based insurance giant Allianz SE. The Nairobi Securities Exchange-listed firm is selling majority stakes of between 51 percent and 66 percent in […]
Jubilee Holdings Group Chairman Nizar Juma and Company Secretary Margaret Kipchumba during an annual general meeting yesterday. [Courtesy] Jubilee Holdings shareholders yesterday approved a long-term strategic partnership with Allianz SE in five countries. The deal will see the German insurer gain a stake in Jubilee’s short-term general insurance businesses in Kenya, Uganda, Tanzania and its […]
Jubilee board chairman Nizar Juma. PHOTO | SALATON NJAU | NMG Jubilee Holdings #ticker:JUB plans to expand its life and medical business using the Sh7.7 billion it will receive in its deal with Munich-based insurance giant Allianz SE. The Nairobi Securities Exchange-listed firm is selling majority stakes of between 51 percent and 66 percent in […]
ReportsnReports added Kenya General Insurance Market Research Report created by Report Consultant, which offers detailed insights, revenue details, and other information regarding the global market, and the various trends, drivers, restraints, opportunities, and market till 2028. Kenya General Insurance Market […] ReportsnReports added Kenya General Insurance Market Research Report created by Report Consultant, which offers […]
•Allianz to acquire a controlling stake of between 51 and 66 per cent in Jubilee’s General Insurance businesses. •JHL will retain ownership of its Life and Pensions operations and its Medical insurance business in Kenya, Uganda and Tanzania. Jubilee Holdings Limited Group Chairman Nizar Juma makes a presentation during the 82nd Annual General Meeting in […]
THE two major indices went on different directions during the week that ended on 18th December 2020 after counters seeing mixed movements. The All Share Index (DSEI) was on the red after most cross listed counters decelerated while CRDB and JATU pulled the Tanzania Share Index (TSI) up. Twiga Cement dropped by 0.78 per cent […]
Telkom has made senior appointments aimed at building its leadership bench strength; fortifying its operations and customer service excellence and aligning these with its new strategic direction. Claire Munene and Saddiq Mwai join as the new Director, Customer Experience, and the Director of Digital Financial Services, respectively, within the Telkom Consumer Service Delivery Unit, with […]
During the week, the equities market was on an upward trajectory , with NASI, NSE 20, and NSE 25 all gaining by 0.6, 0.2, and 0.1 percent respectively. The performance took their YTD performance to losses of 11.0, 32.3, and 19.6 percent for NASI, NSE 20, and NSE 25, respectively. The equities market performance was […]
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